HomeTechTechnologyMDB Spikes Over 20% on Earnings, Faces Rising Software Giants

MDB Spikes Over 20% on Earnings, Faces Rising Software Giants

"Very positive growth momentum" helps shape MongoDB's (MDB) growth story, says Luke Yang, though he has a price target for the stock significantly below the current value. He says MongoDB needs to define itself against other growing companies like Snowflake (SNOW) to succeed long-term. Steven Koenig also has a price target below current value for similar reasons. He believes the company needs to use its core business growth by pairing it with A.I. to accelerate future success.

Trading 360

02 Dec 2025

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