monday.com Stock Jumps Before May 11 Double Test: Earnings, Lawsuit Deadline
monday.com shares jumped about 10% Friday to $72.74, valuing the company at $3.56 billion, ahead of its May 11 earnings report and a key class-action lawsuit deadline. The lawsuit alleges monday.com misled investors on revenue outlook between September 2025 and February 2026. The company’s February guidance cut forecast 2026 growth at 18–19%, down from 27% in 2025. Larger customers drove growth, but small-business demand remained weak.