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MongoDB readies its Atlas database service for new workloads

At its MongoDB.local NYC event, MongoDB today announced a slew of product releases and updates. Given the company's focus on its fully managed Atlas service, it's no surprise that the majority of news focuses on that platform, with improved support for AI and semantic search workloads, dedicated search nodes to better enable search use cases and new capabilities to process streaming data, among others. "With Atlas, we can deliver capabilities much more quickly," he said. ....

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MongoDB, Inc. (NASDAQ:MDB) Shares Acquired by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. increased its position in MongoDB, Inc. (NASDAQ:MDB – Get Rating) by 70.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 584,260 shares of the company’s stock after buying an additional 240,671 shares during the […] ....

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MongoDB (NASDAQ:MDB) Updates FY 2024 Earnings Guidance

MongoDB (NASDAQ:MDB – Get Rating) updated its FY 2024 earnings guidance on Sunday. The company provided EPS guidance of $1.42-$1.56 for the period, compared to the consensus EPS estimate of $1.03. The company issued revenue guidance of $1.52 billion-$1.54 billion, compared to the consensus revenue estimate of $1.51 billion. MongoDB also updated its Q2 2024 […] ....

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MongoDB (NASDAQ:MDB) Price Target Raised to $400.00 at Royal Bank of Canada

MongoDB (NASDAQ:MDB – Get Rating) had its target price boosted by Royal Bank of Canada from $235.00 to $400.00 in a report released on Friday morning, The Fly reports. Several other research firms have also issued reports on MDB. Oppenheimer increased their target price on MongoDB from $270.00 to $430.00 in a report on Friday. […] ....

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Oppenheimer Increases MongoDB (NASDAQ:MDB) Price Target to $430.00

MongoDB (NASDAQ:MDB – Get Rating) had its price objective boosted by Oppenheimer from $270.00 to $430.00 in a report published on Friday, The Fly reports. A number of other research analysts also recently weighed in on MDB. Barclays upped their target price on MongoDB from $280.00 to $374.00 in a report on Friday. Citigroup upped […] ....

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