10 Stocks Stealing the Spotlight Early as Christmas Looms

1. MongoDB, Inc. (NASDAQ:MDB)

MongoDB soared to a new record high on Tuesday, as investors took heart from its impressive earnings performance and upbeat outlook, alongside multiple investment firms’ bullish rating for its stock.

At intra-day trading, MongoDB, Inc. (NASDAQ:MDB) climbed to its highest price of $419.50 before paring gains to finish the day just up by 22.23 percent at $401.99 apiece.

This followed the results of its earnings performance in the third quarter of fiscal year 2026, where it narrowed its net loss by 79 percent to $2 million from $9.776 million in the same period last year.

Total revenues increased by 18.7 percent to $628.3 million from $529.37 million year-on-year, on the back of strong growth in its subscription and services segments, up 19 percent and 12 percent, respectively. The official figures exceeded the company’s third-quarter revenue guidance of $587 million to $592 million.

Following the impressive results, MongoDB, Inc. (NASDAQ:MDB) raised its revenue outlook for the full fiscal year of 2026 to a range of $2.434 billion to $2.439 billion from the $2.34 billion to $2.36 billion previously.

Operating income was also targeted at $436.4 million to $440.4 million, higher than its previous guidance of $321 million to $331 million.

Earnings per share were projected at a range of $4.76 to $4.80, or an upgrade from the $3.64 to $3.73 earlier.

For the fourth quarter alone, revenues are expected to settle anywhere between $665 million and $670 million; operating income is targeted at $139 million to $143 million, while EPS is pegged at $1.44 to $1.48.

In other developments, MongoDB, Inc. (NASDAQ:MDB) earned bullish coverage and price targets from Piper Sandler, Bernstein, and Citizens.

Piper Sandler gave the company an “overweight” rating with a price target of $490, higher than the $400 previously; Citizens issued a “market outperform” rating with a target of $475 versus $435; while Bernstein gave an “outperform” rating and raised its stock target to $452 from $338. 

While we acknowledge the potential of MDB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MDB and that has 100x upside potential, 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.

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