MongoDB, Inc. stock drops despite 30% revenue surge to $772 million

MongoDB, Inc. stock enters September at a crossroads. Q2 fiscal 2027 revenue hit $772 million, up 30% year-over-year, and management raised its full-year outlook. Yet shares tumbled anyway — creating a stark disconnect between fundamentals and price action.

Key takeaways

• MongoDB reported Q2 fiscal 2027 revenue of $772 million, a 30% year-over-year increase, and raised its full-year guidance.
• MDB stock closed at $434.21, well below the session open of $443.19, forming a bearish intraday range despite the earnings beat.
• The daily trend remains bullish with price above the EMA20, EMA50, and EMA200, though a MACD bearish crossover is beginning to form.
• AI-related infrastructure costs and a risk-off macro backdrop drove profit-taking, not a fundamental deterioration in the business.
• Near-term resistance sits at $437.81 and $445.09, while key support holds at $426.93 and the EMA20 at $417.17.

MDB Stock Price: Daily Trend Remains Bullish, But Momentum Cools

MongoDB, Inc. stock maintains a structurally bullish daily trend — price holds above all three major moving averages — yet momentum indicators are beginning to flash early caution signals.

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