MongoDB shares edged higher Tuesday after plunging 18.5% the previous day following CEO Chirantan CJ Desai's departure to become Meta Platforms' chief enterprise platform officer. The selloff came after Desai's resignation, which previously saw MDB fall from $401 to $360 per share and shareholders lose more than $6 billion in market capitalization within eight hours. MongoDB brought back longtime executive Dev Ittycheria as interim CEO while its board searches for a permanent successor; Ittycheria led the company from 2014 through 2025. Analysts Rudy Kessinger of DA Davidson and Koji Ikeda of Bank of America maintained Buy ratings with price targets of $465 and $540, respectively. They cited risks to enterprise relationships, strategy and execution but said Ittycheria's familiarity with MongoDB could provide stability ahead of the company's Investor Day in New York City.