Monday.com Stock Jumps After AI Push and Q1 Beat, But the Hard Part Starts Now
monday.com reported Q1 revenue of $351.3 million, up 24% and above estimates, with adjusted earnings of $1.15 per share. Shares rose 6.7% to $76.91 but remain down 51% year-to-date. Large-customer ARR grew sharply, and AI products made up about 10% of net new ARR. The company raised its 2026 sales outlook and agreed to acquire voice-agent firm OneAI.