We recently compiled a list of the 10 Stocks Drop Double Digits as Investor Caution Lingers. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against the other  stocks.

The stock market fell into the negative territory on Thursday, as investor caution lingered over the ongoing trade tensions among some of the world’s largest economies.

The tech-heavy Nasdaq posted the largest loss, down 2.61 percent, followed by the S&P 500 with 1.78 percent, and the Dow Jones with 0.99 percent.

Ten companies mirrored a broader market decline, dropping by as much as double digits during the end of the session. In this article, we named Thursday’s 10 biggest losers and detailed the reasons behind their decline.

To come up with the list, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A software engineer hosting a remote video training session on a multi-cloud database-as-a-service solution.

MongoDB, Inc. (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) fell by 26.94 percent on Thursday to end the trading session at $192.98 apiece as investor sentiment was weighed down by its weak outlook guidance, overshadowing its earnings performance.

For the fiscal year 2026, MongoDB, Inc. (NASDAQ:MDB) said it expects adjusted earnings to settle between $2.44 and $2.62 apiece and revenues of $2.24 billion to $2.28 billion, way below what analysts had hoped.

Analysts, however, were expecting earnings per share of $3.34 and revenues of $2.32 billion.

According to MongoDB, Inc. (NASDAQ:MDB) Chief Finance Officer Srdjan Tanjga, the company was expecting slower-than-expected growth in new applications harnessing its Atlas cloud-based database service.

However, it underscored that it would beef up hiring and clinching deals with larger companies to boost growth.

Overall MDB ranks 1st on our list of Thursday's biggest losers. While we acknowledge the potential of MDB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MDB but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

 

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

 

Disclosure: None. This article is originally published at Insider Monkey.