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MongoDB ( (MDB) ) has provided an announcement.
On November 3, 2025, MongoDB announced a leadership transition with the appointment of Chirantan ‘CJ’ Desai as the new President and CEO, effective November 10, 2025. Desai, with a strong background in cloud infrastructure and enterprise software, succeeds Dev Ittycheria, who will remain on the Board and serve as an advisor. This transition follows a comprehensive search for a leader capable of driving MongoDB’s growth in AI-driven applications. The company also expects to exceed its Q3 FY26 financial guidance, driven by the strength of its Atlas platform.
The most recent analyst rating on (MDB) stock is a Buy with a $389.00 price target. To see the full list of analyst forecasts on MongoDB stock, see the MDB Stock Forecast page.
Spark’s Take on MDB Stock
According to Spark, TipRanks’ AI Analyst, MDB is a Outperform.
MongoDB’s overall stock score is driven by strong financial performance and positive earnings call highlights, including robust revenue growth and improved guidance. Technical indicators show bullish momentum, though high valuation and profitability challenges temper the score.
To see Spark’s full report on MDB stock, click here.
More about MongoDB
MongoDB, headquartered in New York, is a leading provider in the database industry, offering a unified platform that supports operational data, search, real-time analytics, and AI-powered data retrieval. It is known for its globally distributed database, which is widely used by developers and over 50,000 customers, including more than 75% of the Fortune 100, to power next-generation applications.
Average Trading Volume: 2,548,718
Technical Sentiment Signal: Buy
Current Market Cap: $29.27B
For detailed information about MDB stock, go to TipRanks’ Stock Analysis page.