Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages monday.com Ltd. (MNDY) Shareholders To Inquire About Securities Fraud Class Action
LOS ANGELES--( BUSINESS WIRE)-- Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired monday.com Ltd. (“monday.com” or the “Company”) (NASDAQ: MNDY) common stock between September 17, 2025, to February 6, 2026, inclusive (the “Class Period”). monday.com investors have until May 11, 2026 to file a lead plaintiff motion.
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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 “going to be $1.8 billion by fiscal year '27.”
On this news, monday.com’s 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.com’s 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 Company’s 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 monday’s $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, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired monday.com securities during the Class Period, you may move the Court no later than May 11, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
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If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.