Core Viewpoint - Monday.com experienced a significant 25% drop in stock price despite reporting better-than-expected earnings, primarily due to disappointing guidance for the next fiscal year [1][4]. Financial Performance - Revenue for Monday.com increased by 25% year over year, reaching $333.9 million, while adjusted earnings per diluted share decreased from $1.08 to $1.04, surpassing Wall Street's expectations of $0.92 per share and revenue of approximately $329.5 million [2][3]. - The results exceeded the midpoints of the company's guidance ranges, which targeted revenue around $329 million and weaker operating income [3]. Guidance and Market Reaction - Management withdrew its existing 2027 guidance, citing currency exchange headwinds and the evolving AI landscape, which led investors to perceive this as a sign of potential business loss to AI competitors [4]. - Following the guidance withdrawal, the stock closed 20.1% lower on that day and maintained a lower level for the remainder of the week [4]. Future Projections - Despite the withdrawal of long-term growth goals, management projects approximately 18% revenue growth and 28% higher adjusted operating profits by 2026, indicating ambitious growth targets [6]. - The company is proactively addressing potential AI challenges by offering its own AI agent platform, which allows clients to integrate multi-step AI tools into their Work OS applications, suggesting that AI could present more opportunities than threats [7].