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MongoDB Stock Surges on Robust Earnings and AI-Driven Growth

MongoDB Stock Surges on Robust Earnings and AI-Driven Growth

Author:

Global Cryptocurrency

Published:

2025-12-02 16:50:02

20

3

BTCCSquare news:

MongoDB shares skyrocketed 25% after the database software Maker delivered a third-quarter earnings beat and raised full-year guidance. Revenue climbed 19% to $628.3 million, surpassing the $594.3 million consensus, while adjusted EPS of $1.32 dwarfed the $0.82 estimate.

The New York-based company now projects Q4 revenue between $665 million-$670 million and lifted its annual forecast to $2.434 billion-$2.439 billion. CEO CJ Desai cited 'exceptional' performance driven by customer expansion and early AI workload adoption.

This rally positions MongoDB shares NEAR last year's record highs, signaling renewed investor confidence in enterprise tech amid the AI infrastructure boom.

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