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Stock of the Day: MongoDB

MongoDB
MDB 90-day performance NASDAQ:MDB MongoDB
Current Price
$371.33
-2.69 (-0.72%)
(As of 01/30/2026 04:00 PM ET)
30 Day Performance
-11.52%
  
  
90 Day Performance
3.21%
  
 
1 Year Performance
35.86%
  
 
Market Capitalization
$30.22B
Price Target
$422.29
Net Income
-$129.07M

MongoDB, Inc. is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company's platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017. Leadership has included Dev Ittycheria, who joined as president and chief executive in 2014 and led the company through its growth and IPO. Over time MongoDB has expanded its product set through internal development and strategic acquisitions to broaden capabilities for mobile and cloud-native development.

MongoDB’s flagship cloud offering, MongoDB Atlas, provides a managed database-as-a-service that runs on major public cloud providers and supports multi-cloud and hybrid deployment patterns. In addition to Atlas, the company provides on-premises and enterprise editions of its database, developer tools, data platform services such as search and analytics, and mobile synchronization technologies. These products are aimed at enabling developers and IT organizations to build, deploy and operate applications more rapidly while handling varied data models and workloads.

Headquartered in New York City, MongoDB serves a global customer base across industries including technology, finance, retail, healthcare and government. Its customer focus is on both individual developers and large enterprises that require scalable, flexible data management for modern application architectures. The company’s offerings emphasize developer productivity, operational simplicity and the ability to run across cloud environments and on-premises infrastructure.

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