MongoDB (MDB) Stock Forecast, Price Target & Predictions
MDB Stock Forecast
MongoDB stock forecast is as follows: an average price target of $373.27 (represents a 28.67% upside from MDB’s last price of $290.09) and a rating consensus of 'Buy', based on 28 wall street analysts offering a 1-year stock forecast.
MDB Price Target
MDB Analyst Ratings
MongoDB Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 30, 2024 | Patrick Walravens | JMP Securities | $350.00 | $290.79 | 20.36% | 20.65% |
Aug 30, 2024 | Kash Rangan | Goldman Sachs | $340.00 | $290.79 | 16.92% | 17.21% |
Aug 30, 2024 | Sanjit Singh | Morgan Stanley | $340.00 | $282.42 | 20.39% | 17.21% |
Aug 30, 2024 | Miller Jump | Truist Financial | $320.00 | $245.72 | 30.23% | 10.31% |
Jun 13, 2024 | Eric Heath | KeyBanc | $278.00 | $220.09 | 26.31% | -4.17% |
Jun 03, 2024 | Patrick Colville | Scotiabank | $250.00 | $236.06 | 5.91% | -13.82% |
May 31, 2024 | Brad Reback | Stifel Nicolaus | $300.00 | $310.00 | -3.23% | 3.42% |
May 31, 2024 | Ittai Kidron | Oppenheimer | $300.00 | $310.00 | -3.23% | 3.42% |
May 31, 2024 | Yun Kim | Loop Capital Markets | $315.00 | $310.00 | 1.61% | 8.59% |
May 31, 2024 | Brent Bracelin | Piper Sandler | $290.00 | $310.00 | -6.45% | -0.03% |
MongoDB Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 4 | 4 | 26 |
Avg Price Target | $337.50 | $337.50 | $360.31 |
Last Closing Price | $290.09 | $290.09 | $290.09 |
Upside/Downside | 16.34% | 16.34% | 24.21% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 03, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Aug 30, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
Aug 30, 2024 | Oppenheimer | Outperform | Outperform | Hold |
Aug 30, 2024 | UBS | Neutral | Neutral | Hold |
Aug 30, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Aug 30, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Aug 30, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
Aug 30, 2024 | Bernstein | Outperform | Outperform | Hold |
Aug 27, 2024 | Citigroup | Buy | Buy | Hold |
Jul 12, 2024 | Tigress Financial | Underperform | Underperform | Hold |
MongoDB Financial Forecast
MongoDB Revenue Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $458.00M | $432.94M | $423.79M | - | $361.31M | $333.62M | $303.66M | $285.45M | $266.49M | $226.89M | $198.75M | $181.65M | $171.00M | $150.77M | $138.28M | $130.33M | $123.52M | $109.44M |
Avg Forecast | $745.23M | $715.29M | $679.37M | $633.16M | $616.03M | $591.33M | $562.00M | $523.61M | $509.03M | $497.73M | $465.03M | $441.44M | $437.19M | $406.33M | $393.69M | $347.77M | $339.31M | $304.92M | $284.38M | $268.58M | $243.42M | $205.34M | $184.31M | $169.75M | $157.05M | $138.75M | $126.81M | $119.68M | $110.61M | $99.74M |
High Forecast | $779.60M | $748.28M | $710.70M | $662.35M | $644.43M | $618.60M | $587.92M | $547.76M | $511.51M | $498.62M | $486.47M | $461.80M | $457.35M | $407.29M | $411.85M | $363.80M | $354.96M | $318.98M | $294.81M | $290.62M | $256.87M | $216.69M | $194.49M | $179.13M | $165.72M | $146.42M | $133.81M | $126.29M | $116.72M | $105.25M |
Low Forecast | $740.34M | $710.59M | $674.91M | $629.00M | $611.98M | $587.45M | $558.31M | $520.17M | $506.04M | $497.42M | $461.98M | $438.54M | $434.32M | $405.58M | $391.11M | $345.48M | $337.08M | $302.92M | $282.68M | $259.52M | $238.53M | $201.22M | $180.61M | $166.34M | $153.90M | $135.97M | $124.26M | $117.28M | $108.39M | $97.74M |
# Analysts | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 9 | 9 | 9 | 10 | 14 | 14 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.07% | 1.08% | - | 1.06% | 1.09% | 1.07% | 1.06% | 1.09% | 1.10% | 1.08% | 1.07% | 1.09% | 1.09% | 1.09% | 1.09% | 1.12% | 1.10% |
MongoDB EBITDA Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 9 | 9 | 9 | 10 | 14 | 14 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-70.97M | $-45.22M | $-49.00M | - | $-65.45M | $-75.43M | $-107.45M | $-69.14M | $-78.21M | $-72.91M | $-66.96M | $-55.94M | $-52.13M | $-50.95M | $-44.26M | $-34.71M | $-48.84M | $-30.17M |
Avg Forecast | $-194.66M | $-186.83M | $-177.45M | $-165.38M | $-160.91M | $-154.46M | $-146.80M | $-136.77M | $-132.96M | $-130.01M | $-121.47M | $-137.01M | $-114.19M | $-106.13M | $-102.83M | $-124.55M | $-88.63M | $-67.16M | $-74.28M | $-70.15M | $-112.24M | $-71.82M | $-80.29M | $-60.15M | $-66.01M | $-57.20M | $-46.23M | $-54.08M | $-32.32M | $-33.25M |
High Forecast | $-193.38M | $-185.61M | $-176.29M | $-164.30M | $-159.85M | $-153.44M | $-145.83M | $-135.87M | $-132.18M | $-129.93M | $-120.67M | $-109.61M | $-113.44M | $-105.94M | $-102.16M | $-99.64M | $-88.05M | $-53.72M | $-73.84M | $-67.79M | $-89.79M | $-57.46M | $-64.23M | $-48.12M | $-52.81M | $-45.76M | $-36.98M | $-43.26M | $-25.86M | $-26.60M |
Low Forecast | $-203.63M | $-195.45M | $-185.64M | $-173.01M | $-168.33M | $-161.58M | $-153.57M | $-143.07M | $-133.61M | $-130.24M | $-127.07M | $-164.41M | $-119.46M | $-106.39M | $-107.57M | $-149.46M | $-92.72M | $-80.59M | $-77.01M | $-75.91M | $-134.68M | $-86.19M | $-96.34M | $-72.19M | $-79.21M | $-68.64M | $-55.48M | $-64.89M | $-38.79M | $-39.90M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.62% | 0.43% | 0.48% | - | 0.74% | 1.12% | 1.45% | 0.99% | 0.70% | 1.02% | 0.83% | 0.93% | 0.79% | 0.89% | 0.96% | 0.64% | 1.51% | 0.91% |
MongoDB Net Income Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 9 | 9 | 9 | 10 | 14 | 14 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-55.46M | $-29.30M | $-37.60M | - | $-64.40M | $-84.84M | $-118.86M | $-77.29M | $-84.45M | $-81.29M | $-77.13M | $-63.99M | $-75.80M | $-72.65M | $-64.53M | $-53.97M | $-62.56M | $-42.38M |
Avg Forecast | $80.53M | $80.46M | $71.98M | $62.79M | $60.64M | $61.53M | $56.06M | $44.02M | $41.36M | $49.66M | $35.69M | $-147.94M | $33.58M | $37.20M | $33.64M | $-134.49M | $5.22M | $-77.35M | $-20.61M | $-5.64M | $-125.15M | $-82.73M | $-91.84M | $-87.46M | $-94.12M | $-83.39M | $-71.88M | $-69.27M | $-45.41M | $-40.00M |
High Forecast | $85.36M | $85.29M | $76.29M | $66.55M | $64.27M | $65.21M | $59.42M | $46.66M | $49.35M | $56.13M | $37.83M | $-118.35M | $35.59M | $41.00M | $35.65M | $-107.59M | $5.54M | $-61.88M | $-20.45M | $-5.39M | $-100.12M | $-66.19M | $-73.47M | $-69.97M | $-75.29M | $-66.71M | $-57.51M | $-55.41M | $-36.33M | $-32.00M |
Low Forecast | $79.85M | $79.78M | $71.36M | $62.25M | $60.12M | $61.00M | $55.58M | $43.64M | $37.01M | $48.22M | $35.39M | $-177.53M | $33.29M | $35.68M | $33.35M | $-161.39M | $5.18M | $-92.82M | $-21.59M | $-6.24M | $-150.18M | $-99.28M | $-110.20M | $-104.96M | $-112.94M | $-100.06M | $-86.26M | $-83.12M | $-54.49M | $-48.00M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.65% | -0.79% | -1.12% | - | -12.33% | 1.10% | 5.77% | 13.71% | 0.67% | 0.98% | 0.84% | 0.73% | 0.81% | 0.87% | 0.90% | 0.78% | 1.38% | 1.06% |
MongoDB SG&A Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 9 | 9 | 9 | 10 | 14 | 14 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $268.77M | $242.95M | $242.04M | - | $234.21M | $216.50M | $222.19M | $186.80M | $179.90M | $152.94M | $138.18M | $123.81M | $123.50M | $108.39M | $96.50M | $89.06M | $88.00M | $76.58M |
Avg Forecast | $497.44M | $477.45M | $453.48M | $422.63M | $411.19M | $394.71M | $375.13M | $349.50M | $339.77M | $332.23M | $310.40M | $315.16M | $291.82M | $271.22M | $262.79M | $286.51M | $226.49M | $138.58M | $189.82M | $179.28M | $235.45M | $148.21M | $177.69M | $142.50M | $140.41M | $124.71M | $118.63M | $97.43M | $82.05M | $74.68M |
High Forecast | $520.38M | $499.47M | $474.39M | $442.12M | $430.15M | $412.91M | $392.43M | $365.62M | $341.43M | $332.83M | $324.72M | $378.19M | $305.28M | $271.86M | $274.90M | $343.81M | $236.93M | $166.29M | $196.78M | $193.99M | $282.54M | $177.85M | $213.23M | $170.99M | $168.50M | $149.65M | $142.35M | $116.91M | $98.46M | $89.61M |
Low Forecast | $494.17M | $474.31M | $450.50M | $419.85M | $408.49M | $392.11M | $372.67M | $347.21M | $337.77M | $332.02M | $308.36M | $252.13M | $289.90M | $270.72M | $261.06M | $229.21M | $225.00M | $110.86M | $188.68M | $173.23M | $188.36M | $118.57M | $142.15M | $114.00M | $112.33M | $99.77M | $94.90M | $77.94M | $65.64M | $59.74M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.90% | 0.92% | - | 1.03% | 1.56% | 1.17% | 1.04% | 0.76% | 1.03% | 0.78% | 0.87% | 0.88% | 0.87% | 0.81% | 0.91% | 1.07% | 1.03% |
MongoDB EPS Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 9 | 9 | 9 | 10 | 14 | 14 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.77 | $-0.00 | $-0.53 | - | $-0.93 | $-1.23 | $-1.74 | $-1.14 | $-1.26 | $-1.22 | $-1.22 | $-1.04 | $-1.25 | $-1.22 | $-1.10 | $-0.94 | $-1.10 | $-0.75 |
Avg Forecast | $1.10 | $1.09 | $0.98 | $0.85 | $0.82 | $0.84 | $0.76 | $0.60 | $0.56 | $0.68 | $0.49 | $0.38 | $0.46 | $0.51 | $0.46 | $0.18 | $0.07 | $-0.17 | $-0.28 | $-0.08 | $-0.22 | $-0.38 | $-0.39 | $-0.36 | $-0.39 | $-0.44 | $-0.40 | $-0.25 | $-0.28 | $-0.28 |
High Forecast | $1.16 | $1.16 | $1.04 | $0.90 | $0.87 | $0.89 | $0.81 | $0.63 | $0.67 | $0.76 | $0.51 | $0.41 | $0.48 | $0.56 | $0.48 | $0.20 | $0.08 | $-0.17 | $-0.28 | $-0.07 | $-0.21 | $-0.37 | $-0.38 | $-0.35 | $-0.38 | $-0.43 | $-0.39 | $-0.24 | $-0.27 | $-0.27 |
Low Forecast | $1.09 | $1.08 | $0.97 | $0.85 | $0.82 | $0.83 | $0.76 | $0.59 | $0.50 | $0.66 | $0.48 | $0.38 | $0.45 | $0.49 | $0.45 | $0.18 | $0.07 | $-0.18 | $-0.30 | $-0.09 | $-0.23 | $-0.40 | $-0.42 | $-0.39 | $-0.42 | $-0.48 | $-0.43 | $-0.26 | $-0.30 | $-0.30 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.69% | -0.00% | -1.16% | - | -13.09% | 7.22% | 6.16% | 14.63% | 5.83% | 3.24% | 3.10% | 2.89% | 3.22% | 2.75% | 2.77% | 3.83% | 3.96% | 2.68% |
MongoDB Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PATH | UiPath | $12.51 | $25.53 | 104.08% | Hold |
OKTA | Okta | $74.06 | $120.69 | 62.96% | Hold |
ZS | Zscaler | $170.06 | $232.54 | 36.74% | Buy |
MDB | MongoDB | $290.09 | $373.27 | 28.67% | Buy |
CRWD | CrowdStrike | $259.13 | $322.56 | 24.48% | Buy |
NET | Cloudflare | $78.59 | $95.00 | 20.88% | Hold |
ADBE | Adobe | $536.87 | $589.17 | 9.74% | Buy |
NTNX | Nutanix | $59.06 | $63.15 | 6.93% | Buy |
PANW | Palo Alto Networks | $346.90 | $312.48 | -9.92% | Buy |
MDB Forecast FAQ
Is MongoDB a good buy?
Yes, according to 28 Wall Street analysts, MongoDB (MDB) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 18 'Buy' recommendations, accounting for 67.86% of MDB's total ratings.
What is MDB's price target?
MongoDB (MDB) average price target is $373.27 with a range of $235 to $630, implying a 28.67% from its last price of $290.09. The data is based on 28 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will MongoDB stock go up soon?
According to Wall Street analysts' prediction for MDB stock, the company can go up by 28.67% (from the last price of $290.09 to the average price target of $373.27), up by 117.17% based on the highest stock price target, and down by -18.99% based on the lowest stock price target.
Can MongoDB stock reach $400?
MDB's highest twelve months analyst stock price target of $630 supports the claim that MongoDB can reach $400 in the near future.
What is MongoDB's current price target trend?
4 Wall Street analysts forecast a $337.5 price target for MongoDB (MDB) this month, up 16.34% from its last price of $290.09. Compared to the last 3 and 12 months, the average price target increased by 16.34% and increased by 24.21%, respectively.
What are MongoDB's analysts' financial forecasts?
MongoDB's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $2.29B (high $2.4B, low $2.28B), average EBITDA is $-599M (high $-595M, low $-627M), average net income is $222.24M (high $235.56M, low $220.34M), average SG&A $1.53B (high $1.6B, low $1.52B), and average EPS is $3.02 (high $3.2, low $3). MDB's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $2.77B (high $2.9B, low $2.75B), average EBITDA is $-724M (high $-720M, low $-758M), average net income is $295.76M (high $313.5M, low $293.24M), average SG&A $1.85B (high $1.94B, low $1.84B), and average EPS is $4.02 (high $4.26, low $3.99).
Did the MDB's actual financial results beat the analysts' financial forecasts?
Based on MongoDB's last annual report (Jan 2024), the company's revenue was $1.68B, beating the average analysts forecast of $1.58B by 6.19%. Apple's EBITDA was $-234M, missing the average prediction of $-448M by -47.79%. The company's net income was $-177M, beating the average estimation of $-30.075M by 487.20%. Apple's SG&A was $976.32M, missing the average forecast of $1.11B by -12.23%. Lastly, the company's EPS was $-2.48, missing the average prediction of $1.6 by -254.60%. In terms of the last quarterly report (Jan 2024), MongoDB's revenue was $458M, beating the average analysts' forecast of $437.19M by 4.76%. The company's EBITDA was $-70.966M, missing the average prediction of $-114M by -37.85%. MongoDB's net income was $-55.46M, missing the average estimation of $33.58M by -265.16%. The company's SG&A was $268.77M, missing the average forecast of $291.82M by -7.90%. Lastly, the company's EPS was $-0.77, missing the average prediction of $0.457 by -268.64%