Law Offices of Frank R. Cruz Encourages monday.com Ltd.

Core Viewpoint - A class action lawsuit has been filed against monday.com Ltd. (MNDY) for securities fraud, affecting shareholders who acquired stock between September 17, 2025, and February 6, 2026, with a deadline for filing a lead plaintiff motion set for May 11, 2026 [1][2]. Financial Performance - On November 10, 2025, monday.com reported third-quarter revenue of $316.9 million but indicated only modest revenue growth expectations for the fourth quarter, leading to a stock price drop of $23.38 (12.3%) to close at $166.21 [3]. - On February 9, 2026, the company rescinded its revenue target of $1.8 billion for fiscal year 2027 and projected a significant slowdown in growth for 2026, causing the stock price to fall by $20.37 (20.8%) to close at $77.63 [4]. Allegations in the Lawsuit - The lawsuit alleges that during the class period, the defendants made materially false or misleading statements and failed to disclose adverse facts about the company's business and prospects, including: 1. Deceleration in new customer growth and weaker expansion within existing accounts, making the $1.8 billion target increasingly unlikely [5]. 2. Misleading investors with flawed statements of confidence and growth projections that did not consider these variables [6]. 3. Positive statements about the company's business being materially misleading and lacking a reasonable basis [6].