MongoDB (MDB) shares fell 3.39% to close at $364.46 on February 11, 2026, as the broader software sector faced pressure from recent economic data. Despite the decline, analysts at Goldman Sachs highlighted the company's durable economics and AI innovations to ease long-term disruption fears.
- Market Context: Heavy selling in technology stocks and the Nasdaq was driven by strong January 2026 jobs data and labor market revisions.
- Analyst Outlook: Research suggests MongoDB remains well-positioned for growth, with positive sentiment regarding its role in the evolving AI landscape.
- Price Highlight: After closing at $364.46, the stock saw a modest recovery in after-hours trading to $364.80 (+0.09%).