
MongoDB (MDB) Stock Forecast & Price Target
MongoDB (MDB) Analyst Ratings
Bulls say
MongoDB has exhibited strong growth potential, highlighted by a 16% year-over-year increase in Enterprise Advanced revenue, marking the highest growth rate in eight quarters. The company's strategic shift in release strategy is yielding positive results, as evidenced by a 17% increase in the number of customers contributing over $100K, with expectations for an acceleration in this figure to 20-25% through fiscal years 2027-2028. Additionally, a notable 97% year-over-year growth in remaining performance obligations (RPO) and projected improvements in non-GAAP operating margins further bolster the outlook for MongoDB's revenue growth and operational efficiency.
Bears say
MongoDB's initial fiscal year 2027 total revenue guidance fell slightly below consensus expectations, indicating a revenue growth deceleration of approximately six percentage points. The company faces significant challenges as annual growth for its Atlas product is projected to slow down to around 22%, while the contribution from its Enterprise Advanced offerings is expected to decrease to 16% of total business by fiscal year 2028. Leadership changes, including the departure of its Chief Revenue Officer without a designated replacement, along with increasing competition and deteriorating macroeconomic conditions, further contribute to the company's negative outlook.
This aggregate rating is based on analysts' research of MongoDB and is not a guaranteed prediction by Public.com or investment advice.
MongoDB (MDB) Analyst Forecast & Price Prediction
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