Jim Cramer Discussed These 10 NASDAQ 100 Stocks Recently

6. MongoDB, Inc. (NASDAQ:MDB)

Number of Hedge Fund Holders: 49

MongoDB, Inc. (NASDAQ:MDB) was second on Cramer’s list of stocks that were down the most in 2024 and he remarked:

“Second, MongoDB, down 43%… helps you develop applications, data modeling… 2024 was the year we turned on enterprise software simply because there are too many companies doing the same thing. So if you have one bit of slowness, you regard it as a dead man walking. MongoDB is a pretty good company, but it’s 72 times earnings. No, thank you. It was up big today. Hope springs eternal.”

MongoDB (NASDAQ:MDB) provides a versatile database platform with solutions that include MongoDB Atlas, a multi-cloud database service, MongoDB Enterprise Advanced, a commercial offering for enterprises, and Community Server, a free version for developers. The company experienced fluctuations in its stock performance in 2024, and the stock traded down after the news of a management change, as longtime CFO and COO Michael Gordon announced he would be stepping down at the end of January.

It should be noted that the company has experienced sales growth and a reduction in its bottom-line losses in recent quarters. In the third quarter of 2025, the company reported a 22% year-over-year increase in total revenue. Its net loss narrowed to $9.8 million, or $0.13 per share, compared to a net loss of $29.3 million, or $0.41 per share, during the same period last year.

For fiscal year 2025, MongoDB (NASDAQ:MDB) expects revenue between $1.973 billion and $1.977 billion, with non-GAAP income from operations projected at $242 million to $245 million. The company is reallocating resources from mid-market to enterprise, leading to slower customer growth but higher long-term revenue. Additionally, management has said that the introduction of Atlas Flex clusters will result in a one-time decrease in customer count due to low-spending serverless customers not transitioning to Flex.