Economy

MongoDB Shares Rise After Exceeding Quarterly Revenue and Profit Forecasts

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Dec 2, 2025

THE BARE STORY

Shares for database software provider MongoDB rose after the company announced third-quarter financial results that surpassed analyst expectations. The stock increased by 15% in after-hours trading on Monday and continued to climb by 25% during Tuesday's session.

The company reported adjusted earnings of $1.32 per share on revenue of $628 million, a 19% increase from the same period last year. These figures exceeded analyst forecasts, which had projected adjusted earnings of 80 cents per share and revenue of $592 million. However, the company posted a net loss of $2.01 million for the quarter. According to one report, this was an improvement from a net loss of $9.78 million in the prior year's quarter.

In his first earnings call, CEO Chirantan “CJ” Desai called the quarter "exceptional," attributing the results to strong demand and go-to-market execution. The company said its Atlas cloud database platform was a key driver, with revenue from the platform growing 30% and accounting for 75% of the quarter's total. Desai, who took over in November, told investors he believes the company is approaching a "once in a lifetime" opportunity due to trends in artificial intelligence and cloud computing.

Following the results, MongoDB raised its full-year revenue guidance to a range of $2.434 billion to $2.439 billion, up from a previous forecast of $2.34 billion to $2.36 billion. The company also projected fourth-quarter revenue to be between $665 million and $670 million. Analysts at Bernstein reportedly raised their price target on the stock to $452, citing expectations of strong demand and potential benefits from AI.

Same Facts. Different Perspectives.

Two AI models. Two viewpoints. One factual foundation.

Perspective by Claude

• The company significantly surpassed market expectations. MongoDB reported adjusted earnings of $1.32 per share and revenue of $628 million, handily beating analyst forecasts of 80 cents per share and $592 million in revenue. This strong performance immediately boosted investor confidence, causing the stock to rise significantly.

• Key growth drivers are performing exceptionally well. The company's Atlas cloud database platform was a primary engine for the successful quarter, with its revenue growing 30%. This platform now accounts for 75% of the company's total quarterly revenue, demonstrating strong customer adoption and effective go-to-market execution, as noted by the CEO.

• The future outlook is strong and supported by major tech trends. CEO Chirantan Desai described the company as approaching a "once in a lifetime" opportunity, citing trends in artificial intelligence and cloud computing. Reflecting this optimism, MongoDB raised its full-year revenue forecast, and analysts at Bernstein increased their price target based on expectations of continued strong demand.

How it may affect me

As a U.S. reader:

• Investors in MongoDB, directly or through funds, saw a significant short-term increase in their holdings' value after the company's stock price surged over 25%.

• Growth in the company's cloud database, tied to AI trends, may indirectly affect the features and performance of online services that use this technology.

• The company's continued net loss, despite revenue growth, represents a potential long-term risk for investors, as the business is not yet operating at a profit.

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