Monday.com drops 21% as AI disruption fears mount in software

February 9, 2026

TL;DR

Monday.com's stock fell approximately 21% due to weak financial guidance.
The company issued revenue forecasts below analyst expectations for the current quarter and the full year.
Concerns about artificial intelligence disrupting the software business model are impacting tech stocks.
Monday.com reported fourth-quarter earnings and revenue that exceeded analyst expectations.
The company is implementing new AI capabilities, such as agents and a vibe feature.
Management stated they do not currently see an impact from AI companies and are shifting their product to be more AI native.
Near-term margin pressure from foreign exchange rates is expected to cause ongoing market choppiness.

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