BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased monday.com Ltd. (โmonday.comโ or the โCompanyโ) (NASDAQ: MNDY) common stock between September 17, 2025, to February 6, 2026, inclusive (the โClass Periodโ). monday.com investors have until May 11, 2026 to file a lead plaintiff motion.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MONDAY.COM LTD. (MNDY), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On November 10, 2025, monday.com released its third quarter 2025 financial results, reporting, among other things, revenue of $316.9 million for the third quarter, but that the Company expected only a comparatively modest increase to revenue in the fourth quarter. Despite this, the Company maintained it was โgoing to be $1.8 billion by fiscal year ’27.โ
On this news, monday.comโs stock price fell $23.38, or 12.3%, to close at $166.21 per share on November 10, 2025, thereby injuring investors.
Then, on February 9, 2026, monday.com released its fourth quarter and full year 2025 financial results, revealing the Company was rescinding its $1.8 billion 2027 revenue target, and was, in fact, guiding for a significant deceleration of top line growth in 2026.
On this news, monday.comโs stock price fell $20.37, or 20.8%, to close at $77.63 per share on February 9, 2026, thereby injuring investors further.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companyโs business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company was seeing new customer growth decelerating, weaker expansion within existing accounts and longer enterprise sales cycles, making mondayโs $1.8 billion 2027 target increasingly unlikely to be met; (2) Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections which did not account for these variables; and (3) as a result, Defendantsโ positive statements about the Companyโs business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you purchased monday.com common stock, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: [email protected],
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com
