MongoDB, Inc. (NASDAQ:MDB) is one of the High Growth Large Cap Stocks to Buy Right Now. On December 24, analyst Brian White from Monness maintained a “Buy” rating on the company’s stock and has a price objective of $475.00. The analyst’s rating is backed by a combination of factors underscoring MongoDB, Inc. (NASDAQ:MDB)’s strengthening fundamentals and positioning for future growth.
Notably, after a tough 2024, MongoDB, Inc. (NASDAQ:MDB) posted a significant turnaround in 2025, enhancing operating margins and reviving momentum in the Atlas business without benefiting significantly from the AI-related workloads. Notably, the leadership changes have coincided with the improvement in execution, and investors have rewarded the progress.
The analyst further added that MongoDB, Inc. (NASDAQ:MDB) happens to be at the intersection of powerful secular trends throughout databases, cloud computing, and generative AI. This is despite the competitive and macroeconomic environment being tough.
Talking about the product level, Atlas exited a prolonged slump and continues to demonstrate sustained acceleration, with strong growth aided mainly by core database use cases as well as healthy demand from major U.S. customers and EMEA, added White. As per the analyst, Atlas remains well-placed to help the emerging AI agents as well as high-growth AI-native businesses requiring a scalable and modern data platform.
MongoDB, Inc. (NASDAQ:MDB) offers a general-purpose database platform.
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Disclosure: None. This article is originally published at Insider Monkey.