The Gross Law Firm notifies investors that a class action has commenced in the United States District Court for the Southern District of New York on behalf of shareholders of monday.com Ltd. who purchased common stock between September 17, 2025 and February 6, 2026.
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of monday’s revenue expansion outlook; notably decelerating growth, reduced expansion momentum and extended sales cycles. On November 10, 2025, monday issued a press release announcing positive financial results for the third quarter 2025. In pertinent part, the Company reported revenue of $316.9 million, an increase of 26% year-over-year, and above consensus of 24%. Despite this positive news, the Company issued softer guidance for the fourth quarter 2025 due to a shift in its performance marketing strategy. Following this news, monday’s stock price declined from $189.59 per share to $166.21 per share on November 10, 2025. On February 9, 2026, defendants issued a press release reporting positive results for the fourth quarter and fiscal year 2025. Notably in the same release, defendants announced a weaker outlook for the Company’s 2026 guidance and a strategic shift away from its long term 2027 revenue target of $1.8 billion. Following this news, the price of monday’s common stock declined dramatically from a closing market price of $98.00 per share on February 6, 2026, monday’s stock price fell to $77.63 per share on February 9, 2026, a decline of about 21%.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.
Shareholders have until May 11, 2026 to request that the court appoint them lead plaintiff.
To receive more information, please fill out the form.
