MongoDB announced an expansion of its MongoDB for Startups program on January 15, 2026, partnering with Fireworks AI and Temporal to bolster support for early-stage companies scaling AI applications, even as the stock recently declined 5.91%.
- The expanded program now supports companies representing over $200 billion in combined valuation, positioning MongoDB's unified data platform as relevant for AI.
- The recent stock drop occurred despite strong December earnings ($1.32 EPS vs. $0.79 forecast) and was partially attributed to $26 million in insider selling.
- Analyst sentiment remains positive, with 29 of 41 analysts rating Buy and an average price target of $420.26 suggesting 9% upside.