NEW YORK, May 2, 2026, 12:02 (EDT)
Shares of monday.com Ltd. jumped nearly 10% Friday, snapping back for the Tel Aviv work software firm just before a busy May 11. That’s when first-quarter earnings are due out before the open and the lead-plaintiff cutoff hits in a U.S. securities class action. The Nasdaq stock was recently at $72.74, putting monday.com’s market cap near $3.56 billion.
Tough timing here, with investors still deciphering whether monday.com’s guidance reset back in February signals a brief misstep or marks a deeper slowdown in its growth trajectory. The company is slated to post its first-quarter 2026 numbers on May 11, with a call set for 8:30 a.m. Eastern.
That date doubles as the cutoff for shareholders hoping to be lead plaintiff—the investor pushing to steer the class-action suit for fellow shareholders. Bragar Eagel & Squire, in a notice dated April 30, said the case covers those who picked up monday.com shares from Sept. 17, 2025 through Feb. 6, 2026. According to the firm, the suit claims monday.com misled investors about its revenue guidance and growth expectations.
Shares of monday.com have struggled since Feb. 9. The company projected Q1 revenue between $338 million and $340 million, and sees full-year 2026 revenue coming in at $1.452 billion to $1.462 billion—translating to growth of 18% to 19%. That’s a slowdown from the 27% jump posted in 2025, when revenue hit $1.232 billion.
Executives flagged a clear divide in demand. Co-CEO Roy Mann told analysts that self-serve sales—what he called “no touch channels”—were still uneven among smaller clients and probably wouldn’t stabilize next year. Bigger customers, though, continued to adopt the platform, management noted. The Motley Fool
That gap sits at the heart of monday.com’s story right now. The company reported that by the close of 2025, customers generating more than $50,000 in ARR made up 41% of its total ARR. Those spending over $500,000? That group jumped 74% from the prior year. Still, the stock has taken a hit—investors have balked at shakier outlooks for the small-business and self-serve segments.
The reset, analysts say, fits right into the broader AI-fueled slide in software stocks — a shift that’s reshaping how buyers approach workplace tech. Mizuho’s trading-desk analyst Jordan Klein called monday.com “a poster child” for the so-called AI disruption trade. And as William Blair’s Arjun Bhatia put it, “the market in software is unforgiving” when a company’s quarter comes in even a touch off. MarketWatch
The legal battle intensifies. On its case page, Kessler Topaz Meltzer & Check lists Potter v. monday.com Ltd., No. 1:26-cv-01956, filed in the U.S. District Court for the Southern District of New York. According to the complaint, monday.com and select executives are accused of making false or misleading statements or leaving out key facts. These claims are still unproven, with the case ongoing.
monday.com faces off with Asana and Atlassian in the packed work-management sector—Atlassian’s Trello and Jira offerings overlap with sections of monday.com’s platform. In its 2025 annual report, monday.com flagged the risk that competitors might pivot more quickly to new technologies or shifting customer needs, a concern that’s only sharpened as AI features spread through workplace software.
The rebound’s at risk if first-quarter numbers reveal large-account gains aren’t making up for lagging self-serve demand. Management’s already cautioned: deals with bigger organizations can drag out, cost more, and the timing around closing remains tricky. That’s trouble if growth among smaller customers doesn’t pick back up.
Right now, monday.com is steering the focus to bigger enterprise clients, AI-driven offerings, and sharper execution. Investors get their next real look on May 11. That’s when we’ll find out if February’s guidance cut marks a genuine reset—or if Friday’s surge was only a quick rebound for a company still under pressure to justify its revised growth story.
