Monday.com stock has fallen more than 40% in 2026, driven by fears that artificial intelligence could disrupt its business model. The company reported first-quarter revenue of $351.3 million, up 24% year-over-year, and raised its full-year revenue guidance to between $1.466 billion and $1.474 billion. Despite the sell-off, the stock trades at a price-to-sales ratio below 3 times and a forward price-to-earnings ratio below 19 times, with revenue still projected to grow nearly 20%. The author views the stock as a buying opportunity at these depressed levels.
Monday.Com LtdAI disruption fears driving stock down over 40% despite solid revenue growth.