Levi & Korsinsky launched an investigation into Monday.com following the company’s February 9, 2026 earnings release, which revealed FY2026 revenue guidance materially below both analyst consensus and the figure previously endorsed by management. The probe centers on whether executive statements misled investors about the company's growth trajectory.

During Q2 FY2025 on August 12, management reported $299 million in revenue and EPS of $1.09 but cited temporary web-traffic softness, triggering a 26% stock drop. On November 10, Q3 revenue of $316.9 million and EPS of $1.16 beat estimates, yet Q4 guidance of $329 million fell short, sending shares down 21%. At September's Investor Day, long-term 2027 revenue and margin targets supported price targets in the $170–$230 range.

On the Q4 call, Monday.com beat with $333.9 million in revenue and $1.04 EPS but guided FY2026 revenue to $1.452–$1.462 billion—$38–$48 million below the $1.5 billion consensus—and withdrew its 2027 targets. Shares plunged more than 20% on February 9, and trading volume surged well above average as analysts re-evaluated the company’s outlook.