Wall Street’s Top 10 AI Stocks to Watch Right Now

7. MongoDB, Inc. (NASDAQ:MDB)

Number of Hedge Fund Holders: 70

MongoDB, Inc. (NASDAQ:MDB) provides a general-purpose database platform worldwide that integrates operational, unstructured, and AI-related data to streamline building applications. On March 3rd, Loop Capital analyst Yun Kim lowered the firm’s price target on the stock to $350 from $400 and kept a “Buy” rating on the shares.

The rating, issued ahead of the earnings print, reflects the firm’s anticipation that cloud consumption trend will continue in MongoDB’s cloud Atlas business, leading to a modest upside for this highly strategic business.

However, the firm acknowledges that there isn’t a sizable acceleration in the overall cloud consumption pattern, which aligns with cloud infrastructure software vendors’ results so far in the current earnings season. It also noted that expectations for new workloads from Generation Artificial Intelligence (GenAI) applications and agents are likely to rise in the second half of the year and become more substantial in calendar year 2026.