Levi & Korsinsky LLP
05/04/2026 | Press release | Distributed by Public on 05/04/2026 08:03
A Case of the Mondays: Lawsuit Claims monday.com Misled Investors on Growth Momentum
monday.com told investors the future looked huge. AI innovation. Enterprise expansion. A bold goal of $1.8 billion in revenue by 2027.
But a recently filed securities lawsuit alleges the story behind the scenes looked very different.
In September 2025, executives confidently laid out that massive revenue target at their Investor Day, saying AI adoption and new products would fuel rapid growth.
Then in November 2025, the company reported solid quarterly revenue but quietly issued softer guidance as sales cycles stretched and momentum slowed. Still, leadership kept repeating the same promise. $1.8 billion by 2027.
Then came February 2026. The company suddenly backed away from that long term target and warned of slower growth ahead.
Investors were stunned. The stock dropped about 21% in a single day.
Now, investors say they were misled. And more shareholders are joining the lawsuit.
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