MongoDB (MDB) Stays Strong on GenAI Data Growth Despite Price Target Cut

Insider Monkey
07 Apr

We recently published a list of Top 9 AI News and Stock Ratings Today. In this article, we are going to take a look at where MongoDB Inc. (NASDAQ:MDB) stands against other top AI news and stock ratings today.

AI continues to advance at an unprecedented rate and can now even determine how a person is feeling.  A Spanish startup, Neurologyca, claimed that its Kopernica AI system can now supposedly read human emotions. It can detect a range of neurological conditions and discern how a person feels, even for a crowd of people.

Meanwhile, the Chinese Institute for Brain Research (CIBR) and NeuCyber NeuroTech said on March 31st that it plans to implant its brain chip into 13 people by year-end, which could mean they would surpass Elon Musk’s neuralink in terms of patient data collection.

As security concerns over the misuse of AI continue to loom, companies are increasingly focusing on the responsible use of the technology by implementing stricter guardrails amid rapid technology development. On March 31st, Anthropic announced implementing updates to its “responsible scaling” policy for AI, defining model safety levels to determine the need for additional security.

For instance, if the company is stress-testing an AI model and believes it could help a “moderately-resourced state program” develop chemical and biological weapons, it will enforce new security protections before launching that technology.

Elsewhere, Anthropic closed a funding round in March, which valued the company at $61.5 billion. However, it is a fraction of the $300 billion valuation OpenAI secured in a recently closed $40 billion round led by SoftBank.

SoftBank is reportedly seeking loans of up to $16.5 billion to fund AI investments in the US, which would mark the biggest borrowing denominated in dollars. Sources told Bloomberg that the bridge loan would have a 12-month tenor and that talks with banks are in early stages. People familiar with the matter added that the terms could change as the negotiations evolve over time.

We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of the number of hedge funds that hold stakes in them, as of Q4 2024.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

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

MongoDB Inc. (NASDAQ:MDB)

Number of Hedge Fund Holders: 70

MongoDB Inc. (NASDAQ:MDB) provides an open-source database within its unified, intelligent data platform to enable developers to create a range of applications. The company offers diverse database features like AI-driven retrieval, real-time analytics, and improved operational data search capabilities for organizations to simplify complex architectures and innovate applications more efficiently.

On April 1st, Citi reduced its stock price target on MongoDB Inc. (NASDAQ:MDB) to $330 from $430 but maintained a “Buy” rating on the shares. The brokerage also removed the company from its Focus List to reflect MongoDB Inc.’s (NASDAQ:MDB) “more conservative” FY 2026 guidance on softer non-Atlas revenue and the collective impacts of slower-to-ramp workloads in FY 2025. However, Citi remains “a believer” in the company’s growth story as customers speed up their database modernization and GenAI use cases move into production. The brokerage said it still sees upside potential for the company over the next 12 months but highlighted a weaker investment sentiment.

Overall, MDB ranks 1st on our list of top AI news and stock ratings today. While we acknowledge the potential of MDB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MDB but that 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.

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