/AI%20(artificial%20intelligence)/AI%20engineer%20working%20on%20laptop%20by%20ART%20STOCK%20CREATIVE%20via%20Shutterstock.jpg)
Generative artificial intelligence (AI) is creating a new wave of winners in the tech sector, and analysts are racing to identify the next big beneficiaries. While the spotlight usually shines on giants like Nvidia (NVDA) and Microsoft (MSFT), Wall Street is also falling in love with some quieter players powering the AI revolution behind the scenes.
One stock earning that attention is MongoDB (MDB). Analysts at BMO Capital Markets just launched coverage with an “Outperform” rating and a $280 price target, highlighting MongoDB’s growing role in generative AI workloads. The firm points to the company’s vector search technology and potential to capture new AI-driven database demand as key growth catalysts.