Why Is MongoDB's Share Price Popping?
Database specialist (NASDAQ: MDB) gave investors plenty to be happy about on Dec. 1 when it delivered a stellar report for its fiscal 2026 third quarter. Share prices of the company are up by more than 23% since that report revealed surging revenue, robust cloud growth, expanding profitability, and an impressive increase in the full-year guidance.
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Several prominent Wall Street analysts, including Hannah Rudolf of Piper Sandler, Mike Cikos of Needham, and Blair Abernethy of Rosenblatt, have also increased their price targets on the stock.
Source Fool.com
MongoDB Inc. Stock
€356.90
-0.880%
The stock is one of the favorites of our community with 120 Buy predictions and 1 Sell predictions.
With a current price of 356.9 € MongoDB Inc. is right around the predicted target price of 360 €.
