monday.com Dives 22% as SaaS Repricing Pushes It Into Imploded Stocks
monday.com slid 22% after its latest earnings, leaving the stock 82% below its November 2021 high and 50% under its IPO price. Q4 revenue rose 25% to $334M, but guidance for 2026 was weak and GAAP operating income fell to $2.4M with a 1% margin. With about $1.62B in cash and a roughly $4B market cap, the company still shows growth (2025 revenue $1.23B) but faces a slower path as analysts and investors debate whether it’s a bargain bottom-fish or a falling knife in a tougher SaaS environment.