MongoDB Stock News

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #CyberResilience--Cohesity, the leader in AI-powered data security, today announced a deeper integration with MongoDB, the leading database for modern applications. The new integration provides advanced performance and control capabilities for backup and recovery of MongoDB databases. Cohesity is among the first data protection software providers to delive...

Artificial intelligence (AI) is quickly weaving its way into daily life. According to Goldman Sachs, 9.2% of U.S. companies now use AI to produce goods and services, which is twice the percentage that used the technology at the same time last year.

Buyback capacity is moving up in a very big way for three stocks. Two tech stocks hoping to leverage and profit from AI are indicating that management has significant confidence in generating future returns.

Many artificial intelligence (AI) stocks skyrocketed in value in recent years as more companies realized they could accelerate and automate their operations with large language models (LLMs) and generative AI applications. The obvious winners include Nvidia, which produces the data center GPUs for processing those AI tasks, and Microsoft, which acquired a big stake in ChatGPT's creator OpenAI a...

I previously rated MongoDB a sell due to valuation, but I now believe I was too harsh. Management has raised fiscal 2026 non-GAAP operating profit guidance, but free cash flow conversion remains a notable weakness. I estimate free cash flow will reach $200 million this year, with potential upside if cost efficiencies materialize.

Shares of database disruptor MongoDB (MDB -2.54%) rallied 17.7% this week through Friday as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence.

MongoDB's NASDAQ: MDB stock price surged following its FQ1 earnings release, as the results and guidance affirmed the analysts' outlook, prompting them to lift their stock price targets. After a year of waiting for the second wave of AI, the application wave is gaining traction.

Upgrading MongoDB to a buy after strong Q1 results, better-than-expected guidance, and a $1 billion buyback program. MDB consistently beats earnings estimates, with Q1 EPS and revenue smashing both consensus and internal guidance. Valuation remains attractive for a high-growth AI software company, with a forward P/E around 40 and P/S near 7.