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MongoDB's revenue growth has decelerated, but a strategic pivot to focus on enterprise customers and AI opportunities could reignite momentum. Despite strong Atlas growth, MongoDB must increase enterprise customer share to return to previous growth rates. Major risks include competition from cloud providers, entrenched enterprise vendors, and high sales and R&D expenses impacting profitability.
MongoDB's NoSQL database offers faster query processing and flexibility, making it a strong competitor against SQL databases like Snowflake, especially for AI applications. MongoDB's strategy includes providing a NoSQL DBaaS with no vendor lock-in and educating enterprises on migrating from SQL to NoSQL. MongoDB's gross margins are superior to Snowflake, and its valuation is attractive given the potential growth in AI applications.
NEW YORK , Feb. 12, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced it will report its fourth quarter and full year fiscal year 2025 financial results for the three months ended January 31, 2025, after the U.S. financial markets close on Wednesday, March 5, 2025. In conjunction with this announcement, MongoDB will host a conference call on Wednesday, March 5, 2025, at 5:00 p.m.
The latest trading day saw MongoDB (MDB) settling at $278.10, representing a -1.39% change from its previous close.
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 accelerated the modernization of its systems and applications with generative AI, reducing technical complexity and accelerating the bank's innovation journey.
The mean of analysts' price targets for MongoDB (MDB) points to a 33.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest portfolio moves.
In the most recent trading session, MongoDB (MDB) closed at $278.33, indicating a -2% shift from the previous trading day.
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.
MongoDB's innovation, strategic investments and expanding client base position it for long-term growth despite the recent stock dip.