MongoDB (MDB): 10 Best NASDAQ Stocks with the Highest Upside Potential

MongoDB Inc. (NASDAQ:MDB) is one of the best NASDAQ stocks with the highest upside potential. On April 23, MongoDB announced a €74 million investment to expand its operations in Ireland, a move that will grow its local workforce by more than 50%. The expansion is set to create ~200 new jobs by 2027, bringing the company’s total Irish headcount to over 500 employees. These new roles will span engineering, AI development, and customer-facing teams, distributed between the company’s existing international headquarters in Dublin and a newly established office in Cork.

The investment is heavily focused on Applied AI, as MongoDB seeks to help its 65,200+ global customers transition from experimental AI projects to real-world production. CEO CJ Desai emphasized that as organizations begin building agentic AI applications, they require a unified data platform capable of handling multi-cloud environments and complex data requirements.

MongoDB (MDB): 10 Best NASDAQ Stocks with the Highest Upside Potential

The Irish teams will play a central role in innovating these platforms while helping European clients navigate regulatory landscapes, including the EU AI Act and data protection standards. Since establishing its EMEA headquarters in Dublin in 2013, MongoDB Inc. (NASDAQ:MDB) has deepened its local roots through university partnerships and a growing community of over 13,500 developers who list MongoDB as a core skill.

MongoDB Inc. (NASDAQ:MDB) provides a general-purpose database platform through cloud-based, enterprise, and community offerings.

While we acknowledge the risk and 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 and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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