Why Is MONDAY COM LTD (MNDY) Stock Down Today?

Monday.com (MNDY) shares fell 6.58% to $82.14 following the release of third-quarter financial results. While the company reported revenue and earnings that exceeded analyst expectations, the stock declined as fourth-quarter guidance signaled a slowdown in growth relative to market consensus.

What Happened

Monday.com reported third-quarter revenue of $377.5 million, surpassing the estimated $369.169 million. Adjusted earnings per share came in at $2.14, significantly higher than the $1.37 estimate. Despite these strong figures, the stock dropped because the company provided fourth-quarter revenue guidance of $380 million to $382 million, which was below the consensus estimate of $385.65 million. The company also raised its full-year 2026 revenue outlook to $1.473 billion to $1.475 billion, slightly above the prior estimate of $1.471 billion. The market reaction focused on the near-term deceleration implied by the quarterly guidance rather than the immediate beat.

What The Data Shows

The stock opened at $84.00, a 4.5% gap down from the prior close of $87.93. Trading volume reached 1.1 million shares, which is 0.8 times the three-month daily average. The session low was $75.99 at 9:00 AM ET, while the session high remained at the opening level. Monday.com has a market capitalization of $3.7 billion and a price-to-earnings ratio of 36.3. Trailing twelve-month revenue grew 24.2%, and the net margin stands at 8.9%. Over the last eight sessions, the stock declined 10.1% from $97.82 to $87.93. The 52-week range is $57.50 to $190.72. Recent insider activity includes four sales totaling $539,000 in the last 90 days, with no buys recorded.

What To Watch

Investors will monitor how the stock reacts to the revised quarterly guidance in the coming sessions. The company’s ability to maintain revenue growth momentum after the guided slowdown will be a key factor for future performance.