Monday.com stock soars on revenue jump, raised outlook

What happened: Monday.com (MNDY) banal soared arsenic overmuch arsenic 14% successful aboriginal trading connected Monday.

What’s down the move: The institution posted beardown quarterly results and lifted its full-year forecast for some gross and adjusted operating profits. The artificial quality enactment platform’s archetypal 4th gross grew 24% twelvemonth implicit year, with a grounds $49 cardinal successful operating profits.

The institution raised its full-year gross forecast to $1.46 cardinal to $1.47 billion, up from anterior guidance of $1.45 cardinal to $1.46 billion. Monday.com sees full-year adjusted operating nett of $185 cardinal to $191 million, versus anterior expectations of $165 cardinal to $175 million.

What other you request to know: Wall Street welcomed Monday.com’s results arsenic the institution continues to incorporated AI into its offerings and navigates concerns that AI could disrupt its business.

The institution has changed its halfway offering from a “work absorption platform” to an “AI enactment platform.”

The institution highlighted maturation successful its AI-driven products and productivity wrong its ain organization. “Since 2025, AI has driven a 32% summation successful our output per developer,” co-CEO Roy Mann said during the company’s net call.

Despite Monday’s bounce, the banal is down astir 40% twelvemonth to date, arsenic bundle stocks person been deed amid fears that AI tools could disrupt accepted pricing models and trim the request for bequest bundle providers.

Ines Ferre is simply a elder concern newsman for Yahoo Finance. Follow her connected X astatine @ines_ferre.

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