MongoDB (MDB) Stock Rockets to New High After Blowout Q3 Earnings: Latest News, Forecasts and Analysis for December 2, 2025
MongoDB shares soared over 25% Tuesday, hitting a new 52-week high above $407 after reporting Q3 revenue of $628.3 million, up 19% year-over-year, and raising full-year guidance. The company posted non-GAAP net income of $114.5 million, or $1.32 per share, far above Wall Street estimates. Trading volume surged, with the stock’s market cap reaching about $28 billion. Analyst upgrades and new price targets followed.