MongoDB Analyst Reaffirms Outperform Rating Ahead of Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2025
0mins
Should l Buy MDB?
Source: TipRanks
MongoDB Inc. shares fell 6.50% and hit a 5-day low amid a broader market decline, with the Nasdaq-100 down 0.59% and the S&P 500 down 0.38%.
Analyst Rishi Jaluria from RBC Capital reaffirmed an Outperform rating on MongoDB ahead of its fiscal Q4 2026 earnings report, setting a price target of $500.00. The firm views MongoDB as well-positioned for AI-driven application development, particularly in building GenAI and Agentic AI applications, which could attract more AI-native customers. The upcoming earnings report on March 2 is expected to reveal insights into market strategy changes under new CEO CJ Desai and the impact of AI products on profitability, indicating potential for future growth.
Despite the recent price decline, analysts remain optimistic about MongoDB's long-term prospects, especially given its valuation appeal and the anticipated growth in AI applications, which could drive demand for its services.
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Analyst Views on MDB
Wall Street analysts forecast MDB stock price to rise
28 Analyst Rating
24 Buy
4 Hold
0 Sell
Strong Buy
Current: 270.560
Low
380.00
Averages
468.85
High
550.00
Current: 270.560
Low
380.00
Averages
468.85
High
550.00
About MDB
MongoDB, Inc. is a developer data platform company. Its developer data platform is a globally distributed operational database integrated with a set of data services that allow development teams to address the growing variety of application requirements. Its customers can implement its developer data platform as a managed service offering, or they can choose a self-managed option. Its MongoDB Atlas is its managed multi-cloud database-as-a-service (DBaaS) offering that includes an integrated set of databases and related services. Atlas Vector Search allows the integration of an operational database and vector search in a unified, fully managed platform. MongoDB Enterprise Advanced is its proprietary self-managed commercial offering for enterprise customers that can run in the cloud, on-premises or in a hybrid environment. It also provides professional services for its customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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