Gemini Code Assist enables developers to accelerate application development and modernization on MongoDB using AI-powered coding assistance NEW YORK, May 2, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) and Google Cloud (NASDAQ: GOOG), today announced the two companies are collaborating to optimize Gemini Code Assist to provide enhanced suggestions for application development and modernization on MongoDB—the industry-leading developer data platform that millions of developers and tens of thousands of cus ...

General availability of MongoDB Atlas Stream Processing makes it easier for developers to use real-time streaming data to build event-driven application experiences in a unified environment MongoDB Atlas Search Nodes newly available on Microsoft Azure allow organizations to isolate and scale generative AI workloads with up to 60% faster query times and lower cost MongoDB Atlas Edge Server enables customers to seamlessly run distributed applications closer to end-users from the cloud to the edge and in betwe ...

MongoDB AI Applications Program gives organizations the strategic roadmap, industry expertise, and technology needed to more quickly go from ideation to deployment of generative AI applications at scale Anthropic, Anyscale, AWS, Cohere, Credal.ai, Fireworks.ai, Google Cloud, gravity9, LangChain, LlamaIndex, Microsoft Azure, Nomic, PeerIslands, Pureinsights, and Together AI among MongoDB AI Applications Program launch partners NEW YORK, May 1, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced ...

Galeanu Mihai Investment summary My recommendation for MongoDB (NASDAQ:MDB) is a buy rating. I am very optimistic about the growth runway ahead, as MDB is well positioned to ride on the tailwind of increasing software application complexity and AI adoption. Contrary to what the market thinks, I don’t see management's FY25 guidance as a sign of weakness. On a like-for-like basis, MDB growth still seems very healthy, with potential for further acceleration if the economy gets better from here. Business Ov ...

MongoDB (MDB) closed the most recent trading day at $325.51, moving -0.6% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.87%. Elsewhere, the Dow saw an upswing of 0.67%, while the tech-heavy Nasdaq appreciated by 1.11%.The database platform's shares have seen a decrease of 7.88% over the last month, not keeping up with the Computer and Technology sector's loss of 5.98% and the S&P 500's loss of 3.97%.Market participants will be closely following the fina ...

NEW YORK, April 18, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that it will host an investor session at MongoDB.local in New York City. The day will begin at 10:00 a.m. ET on Thursday, May 2nd with MongoDB.local keynote presentations from Dev Ittycheria, MongoDB's President & CEO, and Sahir Azam, MongoDB's Chief Product Officer. The investor session, hosted by MongoDB's executive team, will follow from 11:45 a.m. – 2:45 p.m. ET. Investors interested in attending in-person in New York C ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about MongoDB (MDB) .MongoDB currently has an average brokerage recomme ...

A lackluster outlook spooked investors.Shares of database software provider MongoDB (MDB -2.30%) are still up big since bottoming out in late 2022, but the stock got a reality check in March. While MongoDB's fourth-quarter results beat expectations across the board, the company's guidance left a lot to be desired.A major slowdown is comingMongoDB grew revenue by 27% year over year in the fourth quarter of fiscal 2024. Atlas, the company's managed database product, saw revenue expand by 34%. For the full yea ...

Key PointsTech results were mixed for Q4, with many outperforming but offering light guidance that caused their markets to implode.Over-eager analysts and hopeful investors overran reality, leading to the market downturn, but the long-term outlook is still robust.Tech stock markets have been reset and are now set up to move higher and may sustain rallies through 2025. 5 stocks we like better than Palo Alto NetworksThe Q1 reporting season brought mixed results from tech stocks for Q4. The ultimate takeaway i ...

Michael Vi I discussed my bullish view on MongoDB (NASDAQ:MDB) stock in my initiation article, highlighting their strengths in the document-based database market. They released their Q4 FY24 result on March 7th, delivering 27% revenue growth and 86.1% adjusted operating profit growth. I am still confident that MongoDB will deliver above 20% revenue growth over the next few years. I reiterate the ‘Strong Buy’ rating with a fair value of $475 per share. Healthy Atlas Consumption Growth As highlighted in m ...