MDB is trading at 24.91% up now at $410.78 following the release of robust third-quarter fiscal 2026 results that exceeded analyst expectations. The company also provided strong fiscal 2027 guidance, removing near-term investor concerns. Multiple analysts, including Bernstein, Rosenblatt, and others, raised their price targets significantly, citing accelerating growth, strong demand for MongoDB Atlas, and positive outlooks driven by easing interest rates and AI-related opportunities. This surge reflects broad investor enthusiasm for MongoDB's financial performance and growth potential, with price targets raised up to $452. The stock's jump aligns with strong analyst confidence and favorable market sentiment toward the company’s cloud platform and profitability.
🟢 MDB is trading 24.9% up today after strong Q3 earnings and multiple price target raises
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