Should I Buy MDB? MDB 2026 Analysis

Should You Buy MongoDB Inc (MDB) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

374.020

1 Day change

-9.01%

52 Week Range

444.720

Analysis Updated At

2026/01/26

MongoDB Inc (MDB) is a good buy for a beginner investor with a long-term investment strategy and $50,000-$100,000 available for investment. Despite short-term technical weakness, strong hedge fund buying, positive analyst sentiment, and long-term growth prospects driven by AI adoption and technological leadership make this stock a compelling choice.

Technical Analysis

The technical indicators suggest a neutral to slightly bearish short-term trend. The MACD is negative and contracting, RSI is neutral at 48.29, and moving averages are converging. The stock is trading below the pivot level of 400.905, with key support at 384.081 and resistance at 417.728.

Options Data

Bearish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

The options data indicates a slightly bullish sentiment with a lower put-call volume ratio (0.86), suggesting more call activity. However, the open interest put-call ratio of 1.14 indicates more open interest in puts than calls.

Technical Summary

Sell

Buy

Positive Catalysts

Hedge funds are significantly increasing their positions, with a 273.15% increase in buying over the last quarter.
Analysts have consistently raised price targets, with multiple firms setting a target of $500 and highlighting MongoDB's strong position in AI and enterprise adoption.
MongoDB's Atlas platform is expected to achieve over $2 billion in annual recurring revenue by fiscal 2026, with a clear growth trajectory.
MongoDB is seen as a technological leader with strong customer stickiness.

Neutral/Negative Catalysts

Short-term financial performance shows a decline in net income (-79.47% YoY) and EPS (-84.62% YoY) in Q3
Gross margin dropped to 71.48%, down 3.98% YoY.
Technical indicators suggest no immediate bullish momentum.
Increased competition from open-source ecosystems and other database platforms like Postgres.

Financial Performance

In Q3 2026, revenue increased by 18.69% YoY to $628.3 million, showcasing strong top-line growth. However, net income dropped significantly to -$2.007 million (-79.47% YoY), and EPS declined to -$0.02 (-84.62% YoY). Gross margin also contracted to 71.48%, reflecting some operational challenges.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are overwhelmingly positive on MongoDB, with multiple firms raising price targets to $500 or higher. Key themes include MongoDB's leadership in AI-driven enterprise solutions, strong Atlas growth, and durable long-term growth prospects. The stock is highlighted as a top pick for 2026 by Needham and others.

28 Analyst Rating

Wall Street analysts forecast MDB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MDB is 468.85 USD with a low forecast of 380 USD and a high forecast of 550 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

24 Buy

4 Hold

0 Sell

Strong Buy

Current: 411.040

Low

380

Averages

468.85

High

550

Current: 411.040

Low

380

Averages

468.85

High

550

Truist

Buy

maintain

$450 -> $500

AI Analysis

2026-01-07

Reason

Truist

Price Target

$450 -> $500

AI Analysis

2026-01-07

maintain

Buy

Reason

Truist raised the firm's price target on MongoDB to $500 from $450 and keeps a Buy rating on the shares. Over the past year, a clear split has emerged between AI winners and losers, with seat-based business models down an average of 34% while other companies gained 24%, the analyst tells investors in a research note. This bifurcated sentiment is expected to continue driving a valuation gap in 2026, though some of last year's underperformers may rebound, the firm says.

Needham

Buy

maintain

$480 -> $500

2026-01-06

Reason

Needham

Price Target

$480 -> $500

2026-01-06

maintain

Buy

Reason

Needham raised the firm's price target on MongoDB (MDB) to $500 from $480 and keeps a Buy rating on the shares. The firm highlights MongoDB a Top Pick in 2026 and added the stock to its Conviction List. It removed GitLab (GTLB) from the list. MongoDB posted improved results throughout fiscal 2026 with reaccelerating Atlas growth, the analyst tells investors in a research note. The firm expects the company to exit fiscal 2026 with more than $2B of Atlas annual recurring revenue, with line of sight to over $2.5B in fiscal 2027. Needham thinks MongoDB's "technological leadership and stickiness among customers" at the database layer provides a "strong position to drive durable growth."

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MDB Should I Buy

MDB Should I Buy

Should You Buy MongoDB Inc (MDB) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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