We recently published a list of Why These 15 Large Tech Stocks Are Skyrocketing So Far in 2025. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against other large tech stocks that are skyrocketing so far in 2025.
Tech stocks have done much better than expected in the past two years, and if the economy continues to grow and AI hype continues, it is likely that the next two years could also see better-than-expected growth in the technology sector.
Large tech companies have been spearheading the development of data centers and AI and these have delivered the most gains in recent years. This doesn’t seem to be changing as growth has remained solid and more tailwinds could be in play as companies double down on AI.
It is worth looking into which ones have delivered the most gains so far this year, as they could end up being the ones delivering the most gains for the full year.
Methodology
For this article, I screened the top-performing large tech stocks ($10 billion+ market cap) year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A software engineer hosting a remote video training session on a multi-cloud database-as-a-service solution.
MongoDB, Inc. (NASDAQ:MDB)
Number of Hedge Fund Holders In Q3 2024: 49
MongoDB, Inc. (NASDAQ:MDB) is a data platform company best known for its NoSQL database solutions.
The stock is up significantly so far this year as MongoDB (NASDAQ:MDB) announced its collaboration with Lombard Odier (announced February 4, 2025) to modernize core banking technology using generative AI.
This follows earlier 2024 partnerships with Microsoft to integrate MongoDB Atlas with Azure AI Foundry.
Moreover, Atlas revenue grew 26% year-over-year in Q3 FY2025 and constitutes 68% of the company’s total revenue. Q3 FY2025 revenue rose 22% year-over-year to $529.4 million and beat estimates, along with full-year FY2025 guidance being raised.
The consensus price target of $361 implies 23.44% upside.
MDB stock is up 25.62% year-to-date.
Overall, MDB ranks 12th on our list of large tech stocks that are skyrocketing so far in 2025. While we acknowledge the 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 but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
