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What's Going On With MongoDB Stock Today? - MongoDB (NASDAQ:MDB)
- On Tuesday, MongoDB, Inc. shares plunged more than 27% in premarket trading after an after-hours decline, following guidance that missed expectations.
- The company reported a fourth-quarter beat with total revenue of $695,000,000, up 27% year over year, and adjusted earnings per share of $1.65, topping expectations.
- Large enterprise deals included an approximately $90,000,000 Atlas transaction and a greater than $100,000,000 Enterprise Advanced deal, underpinning strong product momentum.
- Alongside earnings, MongoDB announced a leadership overhaul with Cedric Pash and Paul Kepambesis leaving, Erica Woolini joining as Chief Customer Officer effective 03/03/2026, and a late-stage new CRO search with a Q1 and Q2 transition.
- Management highlighted rising AI-driven demand, with 44% of Atlas customers with $100,000+ ARR leveraging two or more features, and plans to allocate 100% of free cash flow to buybacks following $659 million repurchased this quarter.
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Total News Sources13
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
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