Shares of Monday.com (MNDY) plummeted 15.54% pre-market, dropping to $209.50 from the prior close of $248.04.
Despite reporting a strong Q2 2025 with revenue of $299.01M and adjusted earnings of $1.09, surpassing estimates, the stock faced significant sell-off.
The FY 2025 revenue outlook was revised slightly upward to a range of $1.22 billion to $1.23 billion, compared to the previous estimate of $1.22 billion, indicating a stable growth expectation.
The Q3 2025 revenue outlook is between $311.00 million and $313.00 million, with an estimate of $312.95 million, aligning closely with projections for the upcoming quarter.
The decline signals investor caution amid mixed annual growth and slight revenue outlook adjustments.
