MongoDB Stock News

Leading Swiss bank uses MongoDB to accelerate generative AI innovation and deliver enhanced services to clients NEW YORK , Feb. 4, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that Lombard Odier, a global Swiss private bank founded in 1796, has partnered with MongoDB to further modernize its leading banking technology systems. In collaboration with MongoDB, Lombard Odier has...

After tech investors licked their wounds yesterday on the launch of the Chinese artificial intelligence (AI) chatbot DeepSeek, today they saw an opportunity from the upheaval.

Microsoft and Salesforce could see greater adoption of their AI offerings if they pass cost savings on to customers. And Snowflake could benefit from a rise in database queries as AI proliferates.

2025 is off to a robust start. Last month's inflation rates were modest, and the three largest stock market indexes were up year to date as of Jan. 16.

In 3Q25, MongoDB generated $529 million in revenues, posting a growth of 22.17% y/y. Overall margins improved, with operating and net margin improving by 510 bps and 481 bps respectively. Due to the boom of the AI industry, MDB is likely to see increased demand as there is a need for more complex data requirements and processing. MDB's pivot to focus on enterprise will also expand its current s...

MongoDB's stock is under pressure, despite stabilizing growth and improving margins. This appears to be driven by concerns regarding weak consumption growth and a lack of direct exposure to AI. MongoDB continues to land new customers and expand within existing customers. AI-driven infrastructure modernization could also be a significant tailwind. When the demand environment inevitably becomes m...

MDB's Atlas platform and Enterprise Advanced segments are key growth drivers, benefiting from the AI tailwind and multi-cloud adoption. Despite a share price drop, MDB's fundamentals remain strong with solid growth prospects and a resurgence in the Enterprise Advanced segment. Management's FY25 revenue guidance of 17% y/y growth is achievable, with potential for even higher growth as hybrid clo...

NEW YORK , Jan. 9, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serge Tanjga, will present virtually at the 27th Annual Needham Growth Conference. The MongoDB presentation is scheduled for Thursday, January 16, 2025, at 3:45 p.m.