Monday.com (MNDY) Slid on Conservative Guidance

Core Insights - Polen Capital's "Polen U.S. SMID Cap Growth Strategy" achieved a return of 14.8% gross and 14.4% net of fees in Q3 2025, outperforming the Russell 2500 Growth Index which returned 10.7% [1] Company Performance - Monday.com Ltd. (NASDAQ:MNDY) reported a total revenue of $317 million in Q3 2025, reflecting a 26% increase from the same quarter last year [4] - The stock of Monday.com Ltd. experienced a one-month return of -26.12% and a 52-week decline of 50.41%, closing at $146.85 per share with a market capitalization of $7.57 billion on November 21, 2025 [2][3] Investment Analysis - Despite beating earnings expectations, Monday.com Ltd.'s stock sold off due to conservative guidance for Q3 and the full year, making it one of the significant detractors from the portfolio's performance [3] - The company is recognized for its transition from small and medium businesses (SMB) to enterprise customers, indicating a steady market expansion and long-term growth potential [3] - Although Monday.com Ltd. is acknowledged as a potential investment, certain AI stocks are considered to offer greater upside potential with less downside risk [4]