Career and Expertise of Bert Hochfeld - Bert Hochfeld holds a degree in economics from the University of Pennsylvania and an MBA from Harvard [1] - He has a long career in the tech industry, working for companies such as IBM, Memorex/Telex, Raytheon Data Systems, and BMC Software [1] - Starting in the 1990s, he worked as a sell-side analyst and won awards from the Wall Street Journal for his coverage of the software space [1] - In 2001, he founded Hochfeld Independent Research Group, providing research services to major institutions like Fidelity, Columbia Asset, and SAC Capital [1] - He operated the Hepplewhite Fund, a hedge fund specializing in technology investments, which was rated as the best-performing small-cap fund for the 5 years ending in 2011 by Hedge Fund Research [1] - He has published over 500 articles on Seeking Alpha, focusing on companies in the information technology space [1] - He ranks in the top 0.1% of Tip Ranks analysts for his selection of information technology stocks and their subsequent successes [1] Legal and Ethical Issues - In 2012, Bert Hochfeld was convicted of misappropriating funds from a hedge fund he operated [1] Analysis of MongoDB (NASDAQ: MDB) - The latest earnings release for MongoDB (NASDAQ: MDB) did not show signs of an inflection point [2] - The article questions whether MongoDB can return to its growth trajectory [2]

Zacks Rating Upgrade for MongoDB - MongoDB has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a powerful factor influencing stock prices [1] - The Zacks rating system relies solely on changes in a company's earnings picture, tracking EPS estimates for the current and following years through the Zacks Consensus Estimate [1] - The upgrade reflects positivity about MongoDB's earnings outlook, which could translate into buying pressure and an increase in its stock price [3] Earnings Estimate Revisions and Stock Price Movement - Changes in a company's future earnings potential, as reflected in earnings estimate revisions, are strongly correlated with near-term stock price movements [4] - Institutional investors use earnings estimates to calculate the fair value of a company's shares, and their bulk investment actions lead to price movements [4] - For MongoDB, rising earnings estimates and the consequent rating upgrade indicate an improvement in the company's underlying business, which should push the stock higher [5] Zacks Rank System and Its Effectiveness - The Zacks Rank system uses four factors related to earnings estimates to classify stocks into five groups, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7] - The system maintains an equal proportion of 'buy' and 'sell' ratings for over 4000 stocks, with only the top 5% receiving a 'Strong Buy' rating and the next 15% receiving a 'Buy' rating [9] - MongoDB's placement in the top 20% of Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term [10][11] MongoDB's Earnings Estimates - MongoDB is expected to earn $2 97 per share for the fiscal year ending January 2025, representing a year-over-year change of -10 8% [8] - Over the past three months, the Zacks Consensus Estimate for MongoDB has increased by 23 9% [8]

These high-quality stocks are well positioned to surge in 2025.The U.S. stock market posted a stellar performance in 2024, with the benchmark S&P 500 index reaching an all-time high closing value of 6,090.27 on Dec. 6.But things may turn even better in 2025. According to Charles Schwab, based on 14 interest rate cycles since 1929, the S&P 500 index has posted positive returns 12 months from the first rate cut in the cycle 86% of the time. The benchmark index posted negative returns after rate cuts in 2001 a ...

MongoDB, Inc. (NASDAQ:MDB) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:15 PM ET Company Participants Dev Ittycheria - President & CEO Michael Gordon - COO & CFO Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow Welcome to our next section. Great to have -- the two of you on stage. Given that we just had Q3 results, maybe we start with actually like summary from both of you, like, how do you see the quarter play out? Like, what were the highlights from your pers ...

MongoDB, Inc. (NASDAQ:MDB) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:15 PM ET Company Participants Dev Ittycheria - President & CEO Michael Gordon - COO & CFO Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow Welcome to our next section. Great to have -- the two of you on stage. Given that we just had Q3 results, maybe we start with actually like summary from both of you, like, how do you see the quarter play out? Like, what were the highlights from your pers ...

Shares of MongoDB, Inc. MDB are up marginally on Wednesday. This follows Tuesday’s selloff of almost 17%.The stock found support around the $293 level. This isn't a coincidence. It's also why our team of technical analysts has made it our “Stock of the Day.”Third-quarter earnings announced on Monday were $1.16 per share, well ahead of estimates of 67 cents. Sales were $529 million, while analysts were looking for $498 million.But sometimes headlines can be deceiving.  GAAP stands for Generally Accepted Acco ...

MongoDB TodayMDBMongoDB$290.90 -59.23 (-16.92%) 52-Week Range$212.74▼$509.62Price Target$370.48Add to WatchlistMongoDB's NASDAQ: MDB share price slipped following the FQ3 release, which provided a classic dip buying opportunity. A business contraction didn’t cause the move, lack of growth, or weakness in the results of any kind, but rather, it was caused by the departure of long-time CFO Michael Gordon. His departure negatively affects the market because it raises questions about future execution, but thos ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________ FORM 10-Q ___________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |---------------------------------------------------------------------------------------------------- ...

Exhibit 99.1 MongoDB, Inc. Announces Third Quarter Fiscal 2025 Financial Results Third Quarter Fiscal 2025 Total Revenue of $529.4 million, up 22% Year-over-Year Continued Strong Customer Growth with Over 52,600 Customers as of October 31, 2024 MongoDB Atlas Revenue up 26% Year-over-Year; 68% of Total Q3 Revenue NEW YORK - December 9, 2024 - MongoDB, Inc. (NASDAQ: MDB) today announced its financial results for the third quarter ended October 31, 2024. "MongoDB's third quarter results were significantly ahea ...

Capgemini, Confluent, IBM, QuantumBlack, AI by McKinsey, and Unstructured join the MongoDB AI Applications Program (MAAP) ecosystem to help organizations make an impact with AI MongoDB, Meta collaborating to support developers with Meta models and the end-to-end MAAP technology stackLeading autism and intellectual and developmental disability software provider CentralReach using MAAP to improve AI-powered care platformMAAP expansion follows the introduction of vector quantization to MongoDB Atlas Vector Sea ...