MongoDB Inc. shares fell as much as 6.62% during mid-day trading on February 17, 2026. The stock reached an intraday low of $340.40 before recovering slightly. No immediate news announcements explained the significant price drop.
RBC Capital reiterated an Outperform rating and a $500 price target for the company. Analysts identified MongoDB as a primary database provider for generative AI applications ahead of its early March earnings report.
Recent analysis highlighted the strength of the company's expanding partner network. Integrations with major cloud providers including Microsoft, AWS, and Google serve as key growth drivers for the Atlas database service.