MongoDB Inc. (NASDAQ:MDB) is among the best large-cap tech stocks to buy now, despite recent growth challenges following weaker guidance in Q4 FY 2025. Q1 2026 results showed improvement, with a focus on securing larger enterprise deals. BMO Capital initiated coverage on July 28, rating MongoDB as an Outperform with a $280 price target.

BMO Capital’s Keith Bachman views MongoDB as a leader in the non-relational database market, backed by strong technology advantages. He believes the company’s potential in generative AI workloads could drive growth. Despite near-term uncertainties, Bachman remains optimistic about MongoDB’s long-term prospects.

MongoDB Inc. (NASDAQ:MDB) develops database software and platforms for data automation and deployment. While MDB shows investment potential, other AI stocks may offer greater upside with lower risk. Consider exploring undervalued AI stocks that could benefit from current economic trends.

Disclosure: None. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: BMO Favors MongoDB (MDB) for Non-Relational Database Strength, Sets $280 Target