MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.

MongoDB, Inc.

Сильный индекс, значительно упал. Быки в растерянности.

Strong index, significantly down. The bulls are confused.

Средний индекс, значительно вырос. Рынок на стороне быков.

Medium index, significantly up. The market is on the bulls' side.

Средний индекс, значительно вырос. Приток средств в лонги увеличился и находится на высоком уровне.

Medium index, significantly up. The inflow of funds into longs has increased and is at a high level.

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MongoDB Inc (Symbol: MDB), where a total volume of 7,717 contracts has been traded thus far today, a contract volume which is representative of approximately 771,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50% of MDB's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $317.50 strike call option expiring July 31, 2026, with 590 contracts trading so far today, representing approximately 59,000 underlying shares of MDB. Below is a chart showing MDB's trailing twelve month trading history, with the $317.50 strike highlighted in orange:
Salesforce Inc (Symbol: CRM) options are showing a volume of 65,150 contracts thus far today. That number of contracts represents approximately 6.5 million underlying shares, working out to a sizeable 49.6% of CRM's average daily trading volume over the past month, of 13.1 million shares. Especially high volume was seen for the $150 strike put option expiring July 24, 2026, with 4,733 contracts trading so far today, representing approximately 473,300 underlying shares of CRM. Below is a chart showing CRM's trailing twelve month trading history, with the $150 strike highlighted in orange:
And American Express Co. (Symbol: AXP) options are showing a volume of 15,162 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 49% of AXP's average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $195 strike put option expiring August 07, 2026, with 1,232 contracts trading so far today, representing approximately 123,200 underlying shares of AXP. Below is a chart showing AXP's trailing twelve month trading history, with the $195 strike highlighted in orange:
For the various different available expirations for MDB options, CRM options, or AXP options, visit StockOptionsChannel.com.
Further MDB Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Wednesday Option Activity: MDB, CRM, AXP

Key Points
Funds that track the Nasdaq-100 must buy shares of any new additions.
Investors have wondered if this movement actually translates into significant gains.
Joining the Nasdaq-100 represents a big milestone, as it includes the biggest non-financial companies on the Nasdaq. The idea is, once a company joins, it may see its share price advance as managers of funds tracking this index buy shares -- since their funds must mimic the index's performance, they have to make these additions.
The Nasdaq-100 rebalances annually to remove certain members and add new ones, and it also may add members at other points in the year. And this brings me to the reason why the Nasdaq-100 has drawn attention in recent times. The index adjusted its admission rules to allow companies in sooner after their market launches than ever before -- and that resulted in Space Exploration Technologies (NASDAQ: SPCX) joining the Nasdaq-100 earlier this month.
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So now, with SpaceX newly in the index, investors may be wondering: What happens to stocks after joining the benchmark? History has a clear answer.
An Elon Musk-led company
So, first, a note about SpaceX. The company, a giant in rocket launches, satellite-based connectivity, and artificial intelligence (AI), has drawn great attention from investors due to this dynamic mix of businesses. And some investors also like the idea of being involved in a business led by Elon Musk. Also at the helm of electric vehicle giant Tesla, he's known for his commitment to innovation.
SpaceX's IPO, the world's largest, was massively oversubscribed, and the stock rose right out of the gate, gaining 67% from the IPO price of $135 to a peak of $225 on June 16. And the company's trillion-dollar valuation helped it land a spot on the Nasdaq-100 on July 7, about 15 days after its launch as part of the index's new "fast track" rules. Prior to this, a company had to wait at least three months for inclusion.
So far, the Nasdaq-100 addition hasn't brought SpaceX lasting gains. The stock has declined from its peak, and as of the July 17 market close, SpaceX traded at $123.99, significantly below its IPO price.
New additions to the Nasdaq-100
For some clues about what may happen next, let's turn to history. We'll consider some of the new additions to the index over the past three years and their performances in the two months following their entrance.
Entry date
Stock
Two-month performance
Dec. 18, 2023
DoorDash
up 12%
Dec. 18, 2023
MongoDB
up 12%
Dec, 18, 2023
Roper Technologies
up 0.5%
Dec. 23, 2024
Palantir Technologies
up 25%
Dec. 23, 2024
Strategy
down 9.7%
Dec. 23, 2024
Axon Enterprise
down 17%
Dec. 22, 2025
Alnylam Pharmaceuticals
down 17%
Dec. 22, 2025
Insmed
down 6.1%
Dec. 22, 2025
Seagate Technology
up 45%
Dec. 22, 2025
Western Digital
up 61%
As we can see, six out of 10 stocks advanced during this time period. But in the case of Seagate Technology and Western Digital, we can't attribute the movement to entrance in the index: Both companies are involved in the booming AI memory and storage businesses, and stocks in the industry have soared this year.
So history offers us a clear answer: While a stock may see a bit of upward momentum around the time of its addition to the index, it's generally limited in size and duration. In some cases, it's hardly even noticeable.
SpaceX has echoed this, advancing slightly right after the addition. But then the stock plummeted in the days to follow.
Look to earnings
What does this mean for you as an investor? A stock's entry into a particular index isn't a reason to add that player to your portfolio. It's great that a company is acknowledged as a giant of the times, but this doesn't necessarily make it a fantastic investment. Instead, investors should look to the company's earnings track record, or if the company isn't yet profitable, consider its path to profitability: Does it have a clear roadmap and goals that are attainable? And it's important to consider your own investment style too.
For example, SpaceX isn't yet profitable, and some of its biggest goals rely on technology that hasn't yet been proven -- if the company reaches its goals, it may be a smashing success, but along the way, the stock carries a significant amount of risk. So, while SpaceX may be appropriate for a very aggressive investor, it's not the best choice for a cautious investor.
History offers us a clear message: Nasdaq-100 membership, while exciting, isn't the key to stock performance. All of this means it's a better idea to turn our attention to the company's -- whether it's SpaceX or another -- next earnings reports and progress toward goals.
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Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alnylam Pharmaceuticals, Axon Enterprise, DoorDash, MongoDB, Palantir Technologies, and Western Digital. The Motley Fool recommends Roper Technologies. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

What Happens to Stocks After Joining the Nasdaq-100 (History Has a Clear Answer)

Palantir PLTR continues to produce impressive financial results, but one metric deserves more attention than any other: U.S. revenue growth.
The company generated $1.3 billion in U.S. revenues during the first quarter of 2026, more than doubling from the year-ago quarter with a 104% increase. Delivering triple-digit growth at Palantir's current scale demonstrates that demand for its Artificial Intelligence Platform (AIP), Gotham and Foundry remains exceptionally strong.
Even more encouraging is the consistent acceleration in this metric. U.S. revenue growth improved from 55% in the first quarter of 2025 to 68% in the second quarter, 77% in the third quarter, 93% in the fourth quarter, and 104% in the first quarter of 2026. Rather than slowing as the business expands, Palantir continues to gain momentum, driven by growing adoption across both public-sector and commercial customers.
Although investors often focus on profitability, valuation, operating margins and cash flow, Palantir's U.S. revenue trajectory may be the clearest indicator of its competitive strength. Sustained triple-digit growth in its largest market suggests the company is still capturing market share and that customer demand remains far from saturated.
As long as Palantir continues delivering robust growth in its U.S. operations, the company is likely to remain one of the most compelling long-term growth stories in enterprise software.
What's Fueling Palantir's U.S. Momentum?
Several structural trends are driving the company's remarkable domestic growth.
Artificial Intelligence adoption remains the biggest catalyst. Organizations are increasingly deploying AI across mission-critical workflows, creating strong demand for Palantir's AIP platform, which enables customers to operationalize large language models while integrating them with enterprise data and existing business processes.
The commercial business has become another major growth engine. More private-sector companies are adopting Palantir's software to improve decision-making, automate operations and enhance productivity, resulting in a rapidly expanding customer base.
At the same time, government demand remains robust. Palantir continues to deepen its relationships with U.S. defense, intelligence and civilian agencies, benefiting from rising investments in AI-enabled national security, defense modernization and data analytics.
The combination of expanding government contracts and accelerating commercial adoption has created a powerful growth flywheel that continues to lift overall U.S. revenues.
Peer Comparison
Two of Palantir's most prominent AI software peers are Snowflake SNOW and MongoDB MDB, both of which are benefiting from enterprise AI adoption, albeit through different business models.
Snowflake continues to expand its AI-powered cloud data platform, helping enterprises consolidate, manage and analyze large volumes of data. As companies invest more heavily in generative AI, demand for AI-ready data infrastructure should continue supporting Snowflake's long-term growth.
MongoDB is strengthening its position in AI-driven application development through its flexible developer data platform. The company enables enterprises to build scalable, modern applications capable of supporting increasingly sophisticated AI workloads, positioning it to benefit from ongoing software modernization initiatives.
While all three companies are capitalizing on the AI revolution, Palantir currently stands apart because of the extraordinary acceleration in its U.S. business. The company's ability to more than double domestic revenues while simultaneously increasing its growth rate underscores the strength of customer demand and reinforces its leadership position in the rapidly evolving AI software landscape.
PLTR’s Price Performance & Estimates
The stock has declined 27.5% year to date compared with the industry’s 6.5% fall.
From a valuation standpoint, PLTR trades at a forward price-to-sales ratio of 33X, well above the industry’s 3.98X. It carries a Value Score of F.
The Zacks Consensus Estimate for PLTR’s 2026 earnings has declined over the past 60 days.
PLTR currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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MongoDB, Inc. (MDB) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Palantir's 104% U.S. Revenue Growth is the Key Number to Watch

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in TeraWulf Inc. (Symbol: WULF), where a total of 232,939 contracts have traded so far, representing approximately 23.3 million underlying shares. That amounts to about 69% of WULF's average daily trading volume over the past month of 33.8 million shares. Especially high volume was seen for the $25 strike call option expiring July 10, 2026, with 18,876 contracts trading so far today, representing approximately 1.9 million underlying shares of WULF. Below is a chart showing WULF's trailing twelve month trading history, with the $25 strike highlighted in orange:
Caesars Entertainment Inc (Symbol: CZR) saw options trading volume of 32,059 contracts, representing approximately 3.2 million underlying shares or approximately 63.4% of CZR's average daily trading volume over the past month, of 5.1 million shares. Especially high volume was seen for the $30 strike call option expiring July 17, 2026, with 29,183 contracts trading so far today, representing approximately 2.9 million underlying shares of CZR. Below is a chart showing CZR's trailing twelve month trading history, with the $30 strike highlighted in orange:
And MongoDB Inc (Symbol: MDB) options are showing a volume of 9,071 contracts thus far today. That number of contracts represents approximately 907,100 underlying shares, working out to a sizeable 56.4% of MDB's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $200 strike put option expiring January 15, 2027, with 391 contracts trading so far today, representing approximately 39,100 underlying shares of MDB. Below is a chart showing MDB's trailing twelve month trading history, with the $200 strike highlighted in orange:
For the various different available expirations for WULF options, CZR options, or MDB options, visit StockOptionsChannel.com.
Further WULF Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Thursday Option Activity: WULF, CZR, MDB

In the latest close session, MongoDB (MDB) was down 1.25% at $354.88. Meanwhile, the Dow gained 1.14%, and the Nasdaq, a tech-heavy index, lost 0.8%.
Coming into today, shares of the database platform had lost 2.43% in the past month. In that same time, the Computer and Technology sector lost 5.47%, while the S&P 500 lost 1.43%.
The investment community will be closely monitoring the performance of MongoDB in its forthcoming earnings report. The company is expected to report EPS of $1.6, up 60% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $733.61 million, indicating a 24.05% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.07 per share and revenue of $2.94 billion, indicating changes of +22.13% and +19.26%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for MongoDB. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 127.27% upward. MongoDB is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, MongoDB is currently exchanging hands at a Forward P/E ratio of 59.18. This expresses a premium compared to the average Forward P/E of 19.52 of its industry.
It is also worth noting that MDB currently has a PEG ratio of 4.85. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software industry currently had an average PEG ratio of 1.09 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 81, placing it within the top 33% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

MongoDB (MDB) Stock Moves -1.25%: What You Should Know

Key Points
Investors are keen to get in on the ground floor of the biggest IPO in history.
The history of IPOs shows that the first day may not be the best time to get in on the action.
The SpaceX IPO is unique in many ways, and investors should understand what they're in for.
This year is shaping up to be a historic in terms of companies going public. Artificial intelligence (AI) start-ups Anthropic and OpenAI plan their initial public offerings (IPOs) this year, but unquestionably, the biggest debut is expected to be SpaceX. The company is looking to raise $75 billion in its offering, which will dwarf previous records by a wide margin.
The hype machine is ramping up at dizzying proportions, and that's understandable. The chance to get in on the ground floor and ride the rocket maker to new heights is certainly a tempting proposition. So, should investors buy SpaceX on IPO day? Let's see what lessons we can glean from history.
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Ready for launch
Before we address the question at hand, it's worth looking at what the SpaceX offering will entail and what investors will get for their money.
In the company's latest S-1 filing with the Securities and Exchange Commission, Space Exploration Technologies Corp. (aka SpaceX) revealed it will offer 555,555,555 shares of Class A common stock at an IPO price of $135 per share, raising roughly $75 billion and valuing the company at $1.77 trillion. The stock will be listed on the Nasdaq exchange using the symbol "SPCX."
SpaceX has three distinct business segments: rocket launch, satellite internet, and artificial intelligence (AI).
The most high-profile of the three is the rocket launch business, which has launched roughly 650 Falcon rockets with a 99% success rate. It also pioneered "reusable" rockets, making space travel more cost-effective.
The company also boasts the largest network of broadband and mobile satellites in Low-Earth orbit, with approximately 9,600 Starlink satellites, delivering service to millions of customers in 164 countries.
Last but not least is the company's AI segment, including Grok AI, thanks to the recent merger with xAI. SpaceX has ambitious plans to build and launch solar-powered orbital data centers, which it believes will offer "far greater scale and efficiency than terrestrial alternatives."
Late last week, SpaceX revealed in a regulatory filing that it had reached a deal with Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), under which the Google-parent will pay $920 million per month between Oct. 2026 and June 2029 for compute capacity, for a deal valued at $30 billion. This comes on the heels of a similar deal reached with Anthropic, which is paying SpaceX $1.25 billion per month.
The company's financial results are intriguing. In 2025, SpaceX generated revenue of $18.7 billion, up 33% year over year, but recorded a net loss of $4.9 billion under Generally Accepted Accounting Principles (GAAP). On an adjusted basis, the company's results look more appealing, with adjusted EBITDA of $6.6 billion, though this ignores stock-based compensation, depreciation, and amortization, among other very real business expenses.
These financials don't include the recently inked agreements, which will no doubt improve its financial position.
What history says
While there are plenty of reasons to be excited about the SpaceX IPO, a look at history can be instructional, as the past is rife with examples of stocks that fell significantly in the wake of their public offerings.
Sam Grelck, equity strategy analyst at Truist, reviewed data from the 30 biggest IPOs of the past 15 years, and his findings are telling. More than half of these stocks were underwater after the first week, and also at 12 months post-IPO, with 17 of 30 stocks in the red. The best-performing stock in the group was Palantir Technologies (NASDAQ: PLTR), which was up 153% after the first year but shed 53% of its value at one point during the year. Robinhood Markets (NASDAQ: HOOD) had the worst track record, losing 74% in the first year, after falling as much as 90%. The full data is illustrated in the chart below.
In nearly every case, the first year was a rocky one for these newly listed companies, which serves as a stark reminder for investors. Recently minted stocks can be particularly volatile, so IPO investing isn't for the faint of heart.
A couple of other caveats for thoughtful investors. While the offering price is $135 per share, retail investors may not be able to get that price. The hype ahead of the SpaceX launch has reached a fever pitch, which could drive the stock price up from the moment it begins trading, causing investors to pay a much higher price.
Furthermore, while investors will be able to own SpaceX stock, make no mistake about who will be in control. Founder and CEO Elon Musk will control 82% of the company's voting power, leaving retail investors with little say in matters requiring shareholder approval.
Last, but certainly not least, if SpaceX achieves its $1.77 trillion valuation, the stock would be selling for roughly 95 times sales, a premium valuation to be sure.
For investors who are still determined to buy the SpaceX IPO, it should be a small part of a well-balanced portfolio. It may also be worth waiting for the inevitable stock price fall to buy at a more reasonable price.
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Danny Vena, CPA has positions in Alphabet, Cloudflare, Coupang, CrowdStrike, Datadog, Meta Platforms, MongoDB, Okta, Palantir Technologies, Shopify, Snowflake, and Twilio. The Motley Fool has positions in and recommends Airbnb, Alphabet, Block, Cloudflare, CrowdStrike, Datadog, DoorDash, Dropbox, Lyft, Meta Platforms, MongoDB, Okta, Palantir Technologies, Pinterest, Roblox, Shopify, Snowflake, Spotify Technology, Twilio, Uber Technologies, and Zoom Communications. The Motley Fool recommends Alibaba Group, Coinbase Global, and Coupang. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The SpaceX IPO is Just Days Away. Here's What History Says Will Happen Next.

Atlassian Corporation TEAM has seen a sharp fall in its stock price, declining 37.4% year to date (YTD), significantly underperforming the Zacks Computer and Technology sector’s growth of 23.5% and the Zacks Internet – Software industry’s drop of 6.3%.
TEAM’s underperformance reflects concerns over AI-investment execution risk, sizable restructuring-related margin pressure, moderating Data Center expansion trends and uncertainty surrounding the long-term cloud migration transition. These factors appear to be dampening the company's otherwise strong revenue growth and AI adoption momentum.
Atlassian stock has also underperformed its software peers, including Autodesk ADSK, Gitlab GTLB and MongoDB MDB. In the year-to-date period, Autodesk, GitLab and MongoDB shares have declined by a more modest 22.5%, 17.6% and 12.3%, respectively.
TEAM Stock’s Performance
Image Source: Zacks Investment Research
However, we believe the dip offers a massive opportunity for investors to buy the stock. Atlassian’s long-term prospects remain bright, supported by its AI-native platform strategy, increasing enterprise adoption and growing monetization of AI capabilities through Rovo and Collections. Let’s dig deep to find out more.
Growing Backlog and Enterprise Wins Aid Atlassian
Atlassian’s enterprise strategy is emerging as a key long-term growth driver. The company’s Remaining Performance Obligations (RPO) climbed 37% year over year to $4 billion in the third quarter of fiscal 2026, reflecting strong demand and increasing visibility into future revenues. Large organizations such as Siemens Energy, BBC, Rheinmetall and Wayfair expanded their commitments during the quarter, underscoring Atlassian’s growing relevance among global enterprises seeking secure, scalable and governance-rich workflow platforms.
The company is benefiting from customers signing larger and longer-duration agreements while broadening adoption across its System of Work platform. Management noted that enterprises are increasingly connecting teams, workflows, knowledge and AI capabilities through Atlassian’s platform, driving deeper engagement and expansion. This momentum is also evident in cloud adoption, with customers continuing to expand seats across core products and embrace higher-value offerings such as Service Collection and Teamwork Collection.
Looking ahead, Atlassian’s focus on enterprise customers, combined with its AI-powered platform and growing backlog, positions it to generate durable recurring revenue growth. The company’s ability to secure larger commitments from global enterprises strengthens its competitive position and provides a solid foundation for long-term expansion.
AI-Powered Rovo Strengthens Atlassian’s Prospects
Atlassian’s AI strategy is rapidly evolving into a meaningful growth engine, with Rovo emerging as a key driver of customer expansion and platform monetization. The company continues to add millions of monthly active Rovo users, while AI credit consumption is growing more than 20% month over month, indicating increasing adoption of higher-value AI workflows. Importantly, customers using Rovo are growing their annual recurring revenue (ARR) at roughly twice the rate of non-Rovo customers, highlighting the platform’s ability to drive deeper engagement and higher spending. Teamwork Collection customers are also using about twice as many AI credits and deploying twice as many agents as comparable standalone customers.
Atlassian is strengthening Rovo’s capabilities through innovations such as Rovo Service, Rovo Dev and expanded integrations with third-party applications and Google Cloud’s Gemini models. Powered by the Teamwork Graph, Rovo delivers context-rich AI experiences that help automate workflows, improve productivity and enhance decision-making. As enterprises increasingly embrace AI-native operations, Rovo appears well-positioned to become a significant long-term revenue contributor while reinforcing Atlassian’s competitive advantage across its platform ecosystem.
TEAM’s Earnings Estimates Show Positive Trend
The positive revision to the earnings forecast indicates analysts' growing confidence in Atlassian's prospects.
The Zacks Consensus Estimate for fiscal 2026 earnings is pegged at $5.48 per share, up 17.1% over the past 60 days, indicating 48.91% year-over-year growth.
The consensus estimate for first-quarter fiscal 2027 earnings is pegged at $1.28 per share, up 10.3% over the past 60 days, indicating 23.08% year-over-year growth.
TEAM’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 21.47%.
Atlassian Corporation PLC Price and Consensus
TEAM Trades at an Attractive Valuation
Atlassian is currently trading at a forward 12-month P/S multiple of 3.54X, below the sector's average of 7.02X and the S&P 500’s average of 5.25X.
At 3.54X P/S, TEAM is trading at a valuation much lower than its closest peers, such as Autodesk, Gitlab and MongoDB, which trade at substantially richer multiples of 5.75X, 4.5X and 9.69X, respectively.
Atlassian's discounted valuation is supported by its accelerating cloud growth, expanding enterprise adoption and rising AI monetization through Rovo. The company’s differentiated Teamwork Graph, growing Service Collection business and strong backlog of long-term enterprise contracts position it for durable revenue growth.
Price/Sales Ratio (F12M)
Image Source: Zacks Investment Research
Conclusion: TEAM Is a Buy
Despite a year-to-date decline, Atlassian's strong enterprise momentum, expanding AI-driven monetization through Rovo, growing backlog and improving earnings outlook reinforce its long-term growth story. Trading at a significant discount to peers, TEAM offers an attractive entry point for investors seeking exposure to a high-quality software company with durable growth prospects, making the stock a compelling buy now.
TEAM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Key Reasons to Buy Atlassian Stock Despite 37% YTD Decline

Key Points
Snowflake provides massive data scale and high penetration among the world's largest enterprises.
MongoDB offers a flexible database platform with high liquidity and a narrowing net loss.
Which cloud infrastructure powerhouse is the better choice for your portfolio in 2026?
Choosing between Snowflake (NYSE:SNOW) and MongoDB (NASDAQ:MDB) involves weighing massive data warehousing scale against flexible database agility. Both companies are pivotal to the modern cloud ecosystem for retail investors.
Snowflake specializes in centralizing fragmented data across different cloud providers, while MongoDB offers a flexible document database that developers love for building modern applications. As enterprises prioritize digital transformation and artificial intelligence, both companies serve as critical infrastructure. This comparison evaluates their financials and valuations to see which represents a better opportunity today.
The case for Snowflake
Snowflake provides its AI Data Cloud, a platform used for data engineering and analytics. The company serves 790 of the Forbes Global 2000 firms and has over 733 customers that contribute more than $1 million in annual product revenue. As organizations worldwide increasingly invest in tech stocks to modernize their data stacks, the company continues to expand its reach across multiple public clouds. It effectively helps businesses break down data silos to gain better insights.
In FY 2026, revenue reached nearly $4.7 billion, representing a growth rate of roughly 29.2% over the $3.6 billion reported in the prior year. Despite this robust top-line growth, the company reported a net loss of approximately $1.3 billion for the period. This resulted in a net margin of negative 28.4%, indicating the company is still prioritizing heavy research and market expansion over immediate bottom-line profitability.
As of its January 2026 balance sheet, the debt-to-equity ratio is roughly 1.4x, which compares total debt to shareholder equity. The current ratio of approximately 1.3x indicates the company has $1.30 in short-term assets for every dollar of short-term liabilities. Free cash flow was nearly $1.1 billion, but note that stock-based compensation represented roughly 130.9% of operating cash flow, meaning reported cash generation is heavily inflated by this non-cash add-back.
The case for MongoDB
MongoDB offers a modern database platform that helps organizations build and run cloud-based applications. It serves over 65,200 customers across various industries, including a large share of the Fortune 100. The business relies heavily on MongoDB Atlas, its fully managed cloud database service designed for scale and developer flexibility. This cloud-first strategy enables the company to easily reach a global developer base.
For FY 2026, the company generated roughly $2.5 billion in revenue, which is a 22.8% increase from the prior fiscal year’s revenue of $2.0 billion. It reported a net loss of nearly $71.2 million, showing significant improvement from the $129.1 million loss in the previous year. This performance led to a net margin of negative 2.9%, as the company continues to narrow its losses and move toward break-even.
The balance sheet as of January 2026 shows a debt-to-equity ratio of approximately 0.0x, indicating the company carries almost no debt relative to its shareholder equity. Its current ratio of nearly 4.7x suggests a very high level of short-term liquidity compared to its immediate obligations. Free cash flow reached approximately $500.2 million, though note that stock-based compensation represented roughly 109.0% of operating cash flow, meaning reported cash generation is heavily inflated by this non-cash add-back.
Risk profile comparison
Snowflake faces intense competition from established cloud giants like Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), which may bundle competing services. The company also faces cybersecurity risks following unauthorized access to customer accounts in 2024, which damaged its reputation. Furthermore, its heavy reliance on Amazon’s infrastructure means any changes to that relationship could disrupt operations.
MongoDB faces similar pressure from legacy database providers such as IBM (NYSE:IBM), Oracle (NYSE:ORCL), and Microsoft, which have vast resources. The company is also highly dependent on its Atlas product, and any failure to maintain its adoption would significantly impact revenue. Additionally, the legal uncertainty surrounding its server-side public license could potentially hinder future adoption by developers or enterprise clients.
Valuation comparison
MongoDB appears to offer a more conservative entry point for investors, as it trades at a lower valuation relative to both sales and future earnings estimates. The forward P/E, which compares the stock price to future earnings estimates, and the P/S ratio, which measures price against annual sales, help evaluate these companies.
Forward P/E
128.5x
60.1x
43.1x
P/S ratio
18.3x
12.0x
Sector benchmark uses the SPDR XLK sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?
MongoDB and Snowflake have much in common. Both are benefiting from the AI boom and ubiquitous cloud-based data solutions. But they differ in many respects as well, which makes all the difference when it comes to attracting investors.
Snowflake’s business involves enterprise data management, and with its AI Data Cloud platform, it has become a leader in the industry. It has partnered with major tech companies and has seen accelerating revenue growth. But it appears that this growth expectation is reflected in the share price.
MongoDB’s database platform is gaining popularity for building modern applications. And yes, this includes those applications powered by AI. Its flagship Atlas cloud platform is seeing growing demand. Recent earnings results show that organizations are still spending on AI infrastructure despite economic uncertainty, and MongoDB is well positioned to benefit.
From my perspective, there’s nothing wrong with an investment in Snowflake except for its rich valuation. So, I’d choose MongoDB. Along with its more reasonable valuation, it offers exposure to AI and significant growth potential. If it keeps moving in its current direction, long-term investors should be rewarded.
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Pamela Kock has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, International Business Machines, Microsoft, MongoDB, Oracle, and Snowflake. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Snowflake vs. MongoDB: Which Technology Stock Is a Better Buy in 2026?

Key Points
Snowflake's product revenue growth accelerated to 34% in its latest quarter, and management raised its full-year forecast.
Datadog and MongoDB are showing the same AI-related momentum.
After a huge run-up, Snowflake's stock looks expensive.
Software stocks have had a brutal first five months of 2026, with many of them falling sharply even as the S&P 500 has risen. Snowflake (NYSE: SNOW), despite management describing its artificial intelligence (AI) data cloud as a beneficiary of the AI boom, has seen its shares fall alongside other software stocks this year amid investor concern that AI would disrupt software companies overall. Indeed, at one point in April, the stock sat more than 50% below where it had traded a year earlier. But the stock is rebounding now. In fact, the stock is now up sharply year to date, helped mainly by the market's reaction to the tech company's better-than-expected earnings report last week.
But is this news about more than Snowflake? Could there be more software companies that, like Snowflake, will actually benefit more from AI than they will be hurt by it? Snowflake's latest report is the loudest evidence yet that the market may have had it backward.
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Snowflake reaccelerates
The company's fiscal first-quarter results (the period ended April 30, 2026) certainly didn't paint a picture of AI disrupting software. On the contrary, the business saw a significant acceleration.
The company's fiscal first-quarter product revenue, which accounts for the bulk of its total revenue, rose 34% year over year to $1.33 billion -- an acceleration from 30% in fiscal Q4 and 26% in the year-ago quarter. Additionally, management said this was the strongest sequential dollar growth in company history.
Further, Snowflake's acceleration is happening broadly across its business. Net revenue retention, which measures spending from existing customers against the prior year, ticked up from 125% in the prior quarter to 126%. And the company's remaining performance obligations (RPO), which represent contracted revenue not yet recognized, grew 38% year over year to $9.21 billion. Additionally, the company added 616 net new customers -- up 38% from a year ago.
Profitability is improving alongside the growth. Snowflake's non-GAAP (adjusted) operating margin expanded to 12% from 9%, and adjusted earnings per share rose to $0.39 from $0.24.
What's driving the inflection is AI, and not in the way some bears may have feared. Rather than displacing Snowflake's core platform, AI is pulling more data and more workloads onto it. The company's newer agentic products -- Snowflake Intelligence and its coding agent, Cortex Code -- are showing strong traction. And these offerings, in turn, are helping drive greater consumption.
"AI is accelerating the value that people can get from the data that they have put into Snowflake or that they can put into Snowflake," said CEO Sridhar Ramaswamy in the company's fiscal first-quarter earnings call.
Confident enough in the demand, management lifted its full-year product revenue guidance to $5.84 billion, or 31% growth, up from prior guidance of $5.66 billion and 27% growth. The company also signed a new $6 billion five-year agreement with Amazon's Amazon Web Services and expanded its partnership with OpenAI.
The group is turning -- but tread carefully
Snowflake isn't alone.
Observability specialist Datadog (NASDAQ: DDOG) got there first. Its first-quarter 2026 revenue rose 32% year over year to just over $1 billion -- the company's first billion-dollar quarter -- accelerating from 29% in the prior quarter and 25% a year earlier. Datadog raised its full-year outlook, too, and its stock has climbed more than 80% in 2026, trading near a 52-week high. The thesis is similar to Snowflake's: AI makes software systems more complex, and more complexity means more to monitor.
Database company MongoDB (NASDAQ: MDB) rounds out the picture. Its fiscal first-quarter revenue (the period ended April 30, 2026) rose 25% to $687.6 million, with its cloud database, Atlas, up 29% and now roughly three-quarters of total revenue. MongoDB raised its full-year revenue guidance as well, and shares continued higher the day after the report -- a sharp turn for a stock that was down more than 20% earlier in the year.
So, some of the laggards are no longer lagging -- and others in the software space may not have fully recovered the year's losses but have rebounded sharply from their lowest points.
The catch is that the rebound is well along, and the easy gains may already be behind.
For instance, Snowflake's stock surged about 35% in a single session after the report, its best day ever, and trades near $255 as of this writing -- back within reach of its 52-week high after a brutal stretch. Up about 16.5% in 2026, it is now significantly outperforming the S&P 500 year to date.
But the growth stock's valuation now leaves little slack. Snowflake remains unprofitable on a generally accepted accounting principles (GAAP) basis, with the bottom line still deep in the red. Further, the stock's price-to-sales ratio now sits at 17 -- a steep valuation multiple that assumes the reacceleration holds for years, and that the company is able to begin reporting substantial profits -- profits that grow at strong rates for years.
Furthermore, investors should keep in mind that Snowflake's consumption model can swing both ways: revenue tracks how much customers actually use the platform, so if enterprise AI spending cools later this year, growth could quickly fade without any change in customer count.
Overall, Snowflake's business looks healthier than it has in a while, and the read-through for software in general is starting to look encouraging. But after a run-up like this, shares of Snowflake (and shares of other software stocks that have sharply rebounded over the last few weeks) simply may no longer be the bargains they were.
Regarding Snowflake stock specifically, I think the recent rebound has already more than priced in the change in sentiment for the company's future.
Should you buy stock in Snowflake right now?
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Daniel Sparks and his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Datadog, MongoDB, and Snowflake. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Software Was the Market's Big Laggard This Year. Snowflake's Blowout Might Be the Spark That Changes That.

MongoDB, Inc.MDB delivered first-quarter fiscal 2027 non-GAAP earnings of $1.32 per share, up 32% year over year and beating the Zacks Consensus Estimate by 11.86%.
Total revenues increased 25.3% year over year to $687.62 million and surpassed the consensus estimate by 3.84%.
Segment-wise, subscription revenues rose 25% year over year to $666.1 million, representing the dominant share of total revenues. Services revenues increased 22% year over year to $21.5 million, reflecting continued strength in the company’s subscription-led business model.
Within subscription revenues, Atlas-related revenues totaled $512.5 million, while MongoDB Enterprise Advanced and other revenues were $153.7 million. Management noted that Atlas represented roughly three-quarters of total first-quarter revenues, underscoring the continued momentum in the company’s cloud platform business.
MongoDB, Inc. Price, Consensus and EPS Surprise
MDB’s Q1 Customer Metrics
The company ended the fiscal first quarter with more than 67,700 customers, up from 57,100 in the prior-year period, adding 2,500 customers sequentially during the quarter.
Atlas customers exceeded 66,400 by the end of the quarter, increasing from 55,800 in the year-ago period.
In the first quarter of fiscal 2027, MongoDB had 2,895 customers with annual recurring revenues of at least $100,000, up from 2,506 in the prior-year quarter. Revenue growth from this cohort outpaced overall company revenue growth, reflecting sustained enterprise adoption.
The company also highlighted expanding platform adoption, with 45% of Atlas customers generating at least $100,000 in ARR using two or more features compared with 37% in the prior-year quarter. Total company net ARR expansion improved to 121%, reflecting healthy customer consumption trends.
Operating Details of MDB
In the fiscal first quarter, MongoDB’s non-GAAP gross profit was $512.2 million, while the non-GAAP gross margin remained stable year over year at 74%.
Non-GAAP sales and marketing expenses increased 18.6% year over year to $214.7 million. Sales and marketing expenses, as a percentage of revenues, decreased 170 basis points (bps) year over year to 31.2%.
Non-GAAP research and development expenses grew 26.5% on a year-over-year basis to $127.1 million. Research and development, as a percentage of revenues, increased 20 bps year over year to 18.5%.
Non-GAAP general and administrative expenses rose 25.5% year over year, reaching $47.3 million in the reported quarter. General and administrative expenses, as a percentage of revenues, remained the same year over year to 6.9%.
MongoDB reported non-GAAP income from operations of $123.2 million, up from $87.4 million in the prior-year quarter. The non-GAAP operating margin expanded to 18% from 16%, reflecting improved operating leverage and continued revenue strength.
MongoDB's Balance Sheet & Cash Flow
As of April 30, 2026, MongoDB had cash, cash equivalents and short-term investments of $2.4 billion compared with $2.4 billion as of Jan. 31, 2026.
Operating cash flow was $201.6 million in the fiscal first quarter, up from $179.6 million reported in the prior quarter.
Free cash flow during the quarter was $197.5 million compared with $105.9 million in the prior quarter.
MongoDB Raises Fiscal 2027 Guidance
For the second-quarter fiscal 2027, MongoDB expects revenues between $729 million and $734 million. Non-GAAP earnings are projected in the range of $1.58 to $1.61 per share.
For fiscal 2027, MongoDB now anticipates revenues between $2.92 billion and $2.96 billion. Non-GAAP earnings are expected between $5.95 and $6.14 per share following the company’s stronger-than-expected first-quarter performance.
MDB’s Zacks Rank & Stocks to Consider
MongoDB currently carries a Zacks Rank #3 (Hold).
Micron Technology MU, Ciena CIEN and Amphenol APH are some better-ranked stocks that investors can consider in the broader Zacks Computer and Technology sector. MU and CIEN each sport a Zacks Rank #1 (Strong Buy), while APH carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Micron Technology shares have soared 225% in the year-to-date period. The company is scheduled to release third-quarter fiscal 2026 results on June 24.
Ciena shares have returned 143.9% in the year-to-date period. The company is set to report second-quarter fiscal 2026 results on June 4.
Amphenol shares have gained 9.3% in the year-to-date period. The company is expected to report second-quarter fiscal 2026 results on July 29.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.