MongoDB(US:MDB) Benzinga·2025-12-02 10:09Core Insights - MongoDB's CEO, Chirantan Desai, indicated that while AI is a major focus in technology, agentic AI is still in pilot stages and not yet ready for large-scale deployment [1][2] Group 1: Agentic AI Deployment - Desai stated that the excitement surrounding agentic AI has not yet resulted in significant real-world applications, with many enterprises still in pilot phases [2] - He emphasized that there are currently no AI agents in production that fundamentally transform business operations or enhance customer service [2] - The deployment of AI agents is particularly limited in heavily regulated sectors such as financial services, healthcare, and the public sector [3] Group 2: Company Performance - MongoDB reported third-quarter revenue of $628.31 million, representing a 19% year-over-year increase, and exceeding consensus estimates of $591.52 million [5] - The company achieved a profit of $1.32 per share, surpassing analyst expectations of $0.80 per share [5] - Following the strong quarterly results, MongoDB's stock experienced a pre-market increase of 22.84%, despite a 1.05% decline on the day of the earnings release [5] Group 3: Future Positioning - Desai expressed confidence that MongoDB is well-positioned to play a significant role once AI workloads transition to production [4] - He noted that the company is still in the early stages of this transition [4]