MongoDB Stock News

MongoDB Inc (NASDAQ:MDB), the US database software company, has retained a 'Buy' rating from Bank of America Securities and $540 price target, with the broker citing its long-term growth prospects in artificial intelligence and enterprise modernisation. Analysts reaffirmed the rating following an investor meeting with management, highlighting MongoDB's document-based database technology as a di...

MongoDB Inc (NASDAQ:MDB) raised its long-term growth targets at its investor day, with Bank of America saying the event was a net positive and maintaining its Buy rating on the stock.   For fiscal 2028 to 2030, the database company now targets total revenue growth of 20% or more, up from the high teens.

MongoDB stock regained some ground Wednesday after news its CEO was leaving for a job at Meta Platforms caused a sell-off.

Devin for MongoDB Modernizations helps get customers off legacy infrastructure faster, so engineering teams spend less time maintaining old code and more time building on MongoDB Atlas NEW YORK, Sept. 29, 2026 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) and Cognition, the company behind Devin, the AI software engineer, today announced the launch of Devin for MongoDB Modernizations.

MongoDB 9.0, generally available today, delivers up to 2x higher throughput, 35% faster reads, and 30% faster updates Atlas Infinite, now in Public Preview, is a new deployment option within Atlas built for extreme elasticity, absorbing unpredictable demand spikes in real time, cutting time to scale by more than 96% NEW YORK, Sept. 29, 2026 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today anno...

Atlas Agent Engine unifies governance, memory, and retrieval, ending the choice between a stitched-together stack and being locked into one vendor's model and cloud NEW YORK, Sept. 29, 2026 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today launched Atlas Agent Engine, a unified execution, memory, and governance layer for production AI agents, at its Investor Day at the Nasdaq MarketSite in New ...

Meta announced Monday that it's launching “Meta Enterprise Platform,” a new initiative aimed at expanding the company's AI offerings to businesses and corporate customers. The social media giant hired Chirantan “CJ” Desai, the CEO of database software giant MongoDB, to lead the new initiative.

Shares of MongoDB Inc (NASDAQ:MDB) fell more than 18% Monday morning after CEO Chirantan "CJ" Desai left to lead a new Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) business bringing its AI tools to corporate customers. MongoDB appointed Dev Ittycheria interim CEO.