Strong Results Lifted MongoDB (MDB) in Q3

Core Insights - Carillon Tower Advisers released its third-quarter 2025 investor letter for the Carillon Eagle Mid Cap Growth Fund, highlighting a continued rally in equity markets driven by enthusiasm for AI, limited inflationary effects from tariffs, and expectations for interest rate cuts from the U.S. Federal Reserve [1] - The Russell Midcap Growth Index increased by 2.78%, underperforming the Russell Midcap® Value Index, which rose by 6.16% during the same quarter [1] Company Analysis: MongoDB, Inc. - MongoDB, Inc. (NASDAQ:MDB) is recognized as a global provider of general-purpose database platforms, with a one-month return of -1.73% and a 52-week loss of 1.42% [2] - As of November 24, 2025, MongoDB's stock closed at $330.63 per share, with a market capitalization of $27.017 billion [2] - The company reported revenue of $591 million in the second quarter of fiscal 2026, marking a 24% year-over-year increase, exceeding the high end of its guidance range [3] - Despite strong earnings and a positive outlook, MongoDB is not among the 30 most popular stocks among hedge funds, with 75 hedge fund portfolios holding its stock at the end of the second quarter, up from 72 in the previous quarter [3] - The firm believes that while MongoDB has investment potential, certain AI stocks may offer greater upside potential with less downside risk [3]