MDB Stock Recent News

Shares of MongoDB Inc MDB rose in early trading on Tuesday, ahead of its fourth-quarter results to be reported on Wednesday, March 5.

Elastic has a strong position in high-performance search, with potential growth in gen AI applications, but faces stiff competition from Datadog and MongoDB. Datadog outperforms Elastic in financial metrics, including gross margins, free cash flow efficiency, and growth prospects, while being cheaper in the Price/FCF multiple, making it a more attractive investment. Elastic's search capabilities could enhance gen AI applications, but its lack of in-house LLM development may weaken its competitive edge in observability.

MongoDB (MDB) closed the most recent trading day at $267.43, moving +1.91% from the previous trading session.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for MongoDB (MDB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2025.

NEW YORK , Feb. 27, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Executive Officer, Dev Ittycheria, and Interim Chief Financial Officer, Serge Tanjga, will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA. The MongoDB presentation is scheduled for Thursday, March 6, 2025, at 11:30 a.m.

Goldman Sachs analyst Kash Rangan maintained a Buy rating and price forecast for MongoDB, Inc. MDB following the company's acquisition of Voyage AI on Monday.

Shares of software leaders CrowdStrike (CRWD -2.78%), MongoDB (MDB -2.82%), and Cloudflare (NET -2.83%) were all down big in Tuesday trading, with each falling over 5% before recovering to a 3.4%, 2.5%, and 2.3% decline, respectively, as of 1:45 p.m. ET.

Database company MongoDB acquired artificial intelligence firm Voyage AI. The deal — worth $220 million, according to a Monday (Feb. 24) Bloomberg report — is designed to help MongoDB's customers build better AI-powered applications through “highly accurate and relevant information retrieval deeply integrated with operational data,” according to a Monday press release.

Database company MongoDB (MDB -2.76%) tumbled 3% through 12:30 p.m. ET Monday after Bernstein analyst Firoz Valliji cut his price target on the stock nearly 12%, to $357 a share.

MongoDB to integrate Voyage AI's industry-leading embedding and reranking models, delivering highly accurate and relevant information retrieval to power sophisticated AI use cases NEW YORK , Feb. 24, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading database for modern applications, today announced it has acquired Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Integrating Voyage AI's technology with MongoDB will enable organizations to easily build trustworthy, AI-powered applications by offering highly accurate and relevant information retrieval deeply integrated with operational data.