Investing.com’s stocks of the week

Investing.com -- Corporate upheaval drove much of the week's action, with a surprise CEO departure and takeover interest in a household name resulting in sharp moves.

Here are Investing.com's stocks of the week:

MongoDB

MongoDB plunged 18.5% on Monday and is currently on course to end the week down around 14.7% after President and CEO Chirantan Desai resigned with immediate effect to lead a new AI initiative at Meta Platforms.

Former chief executive Dev Ittycheria returns as interim CEO while the board searches for a permanent replacement. The company reaffirmed its third-quarter and full-year guidance alongside the announcement. The departure comes as Meta capitalizes on the consumer rollout of Muse, its autonomous, web-navigating AI agent, with Desai set to head a new enterprise customer business unit.

Stifel analyst Brad Reback reiterated a Buy rating and $465 price target on MDB, but said there is "no positive spin to this situation," particularly given the potential Atlas acceleration Desai had been touting in recent quarters.

Synopsys

Synopsys surged 12.8% on Thursday and has gained around 9.2% over the week after setting out long-term targets at its 2026 Investor Day in New York.

The company projected fiscal 2027 revenue of $11.1 billion to $11.2 billion, around 15% growth at the midpoint, with a non-GAAP operating margin target of approximately 44% and a longer-term goal of roughly 50% by fiscal 2030.

It guided to non-GAAP earnings of $19.04 to $19.12 per share, free cash flow of around $3.1 billion, and plans to repurchase approximately $1 billion of stock in the coming months.

Synopsys also announced a partnership with OpenAI to develop GPT-Synopsys, a specialized model for chip design, alongside a multi-year IP agreement with Amazon for custom silicon collaboration.

StoneX analyst Gary Mobley reiterated a Buy rating and $570 price target on the stock, saying the event "proved to be significantly more incremental than most investor day events we've recently attended."

Mattel

Mattel jumped 18.8% on Thursday and is on course to close the week up 13.6% following a report that the toy maker has attracted takeover interest.

The Wall Street Journal reported that brand-licensing company Authentic Brands Group has approached Mattel and has been privately discussing an offer that could value the company at more than $20 per share, or around $6 billion or more, according to people familiar with the matter.

Nike

The Nike selloff continued, with the stock down 5.3% over the week to its lowest level since 2013. It has lost around 4.9% as of 13:40 ET on Friday after mixed fiscal first-quarter results.

Adjusted earnings of 48 cents per share topped expectations of 44 cents, but revenue of $11.21 billion missed estimates of $11.35 billion and fell 5% on a currency-neutral basis.

The weakness was broad, with declines in Greater China and EMEA, while Nike Direct revenue dropped 8%. The results underline the challenge facing CEO Elliott Hill as he attempts to revive growth after several years of softer demand.

BofA analyst Lorraine Hutchinson cut her Nike price target to $24 from $30, maintaining an Underperform rating. She said visibility on a sales turnaround remains limited and, despite another significant reduction to estimates, continues to see downside risk to the premium multiple until the timing of a revenue inflection becomes clearer.

Fair Isaac

Fair Isaac was a significant decliner this week, currently down 22.7% in the period after Bloomberg reported that the Federal Housing Finance Agency is planning to require lenders to use credit data from only two of the three major bureaus for mortgages sold to Fannie Mae and Freddie Mac. The stock fell premarket on Friday before recovering.

Under the proposed bi-merge framework, lenders would be able to choose any two of the three bureaus rather than pull data from all three. FHFA Director Bill Pulte could formally unveil the change as early as Monday at the Mortgage Bankers Association annual conference in Chicago, with the requirement expected to take effect one to three months after the announcement.

Original Article

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