MongoDB (MDB) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

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


The average price target for MongoDB (MDB) is $373.27 based on 1-year price targets from 28 Wall Street analysts in the past 3 months, with a price target range of $630.00 to $235.00. This represents a potential 28.67% upside from MDB's last price of $290.09.

MDB Analyst Ratings


Buy

According to 28 Wall Street analysts, MongoDB's rating consensus is 'Buy'. The analyst rating breakdown for MDB stock is 1 'Strong Buy' (3.57%), 18 'Buy' (64.29%), 8 'Hold' (28.57%), 1 'Sell' (3.57%), and 0 'Strong Sell' (0.00%).

MongoDB Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 30, 2024Patrick WalravensJMP Securities$350.00$290.7920.36%20.65%
Aug 30, 2024Kash RanganGoldman Sachs$340.00$290.7916.92%17.21%
Aug 30, 2024Sanjit SinghMorgan Stanley$340.00$282.4220.39%17.21%
Aug 30, 2024Miller JumpTruist Financial$320.00$245.7230.23%10.31%
Jun 13, 2024Eric HeathKeyBanc$278.00$220.0926.31%-4.17%
Jun 03, 2024Patrick ColvilleScotiabank$250.00$236.065.91%-13.82%
May 31, 2024Brad RebackStifel Nicolaus$300.00$310.00-3.23%3.42%
May 31, 2024Ittai KidronOppenheimer$300.00$310.00-3.23%3.42%
May 31, 2024Yun KimLoop Capital Markets$315.00$310.001.61%8.59%
May 31, 2024Brent BracelinPiper Sandler$290.00$310.00-6.45%-0.03%
Row per page
Go to

The latest MongoDB stock forecast, released on Aug 30, 2024 by Patrick Walravens from JMP Securities, set a price target of $350.00, which represents a 20.36% increase from the stock price at the time of the forecast ($290.79), and a 20.65% increase from MDB last price ($290.09).

MongoDB Price Target by Period


1M3M12M
# Anlaysts4426
Avg Price Target$337.50$337.50$360.31
Last Closing Price$290.09$290.09$290.09
Upside/Downside16.34%16.34%24.21%

In the current month, the average price target of MongoDB stock is $337.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 16.34% increase as opposed to MongoDB's last price of $290.09. This month's average price target is down 0.00% compared to last quarter, and down -6.33% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024Wells FargoSector PerformSector PerformHold
Aug 30, 2024ScotiabankSector PerformSector PerformHold
Aug 30, 2024OppenheimerOutperformOutperformHold
Aug 30, 2024UBSNeutralNeutralHold
Aug 30, 2024Piper SandlerOverweightOverweightHold
Aug 30, 2024Wells FargoOverweightOverweightHold
Aug 30, 2024Morgan StanleyOverweightOverweightHold
Aug 30, 2024BernsteinOutperformOutperformHold
Aug 27, 2024CitigroupBuyBuyHold
Jul 12, 2024Tigress FinancialUnderperformUnderperformHold
Row per page
Go to

MongoDB's last stock rating was published by Wells Fargo on Sep 03, 2024. The company gave MDB a "Sector Perform" rating, the same as its previous rate.

MongoDB Financial Forecast


MongoDB Revenue Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 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
# Analysts777779991515777157779899777999101414
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's average Quarter revenue forecast for May 24 based on 7 analysts is $441.44M, with a low forecast of $438.54M, and a high forecast of $461.80M. MDB's average Quarter revenue forecast represents a -3.62% decrease compared to the company's last Quarter revenue of $458.00M (Jan 24).

MongoDB EBITDA Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts777779991515777157779899777999101414
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%

undefined analysts predict MDB's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than MongoDB's previous annual EBITDA (undefined) of $NaN.

MongoDB Net Income Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts777779991515777157779899777999101414
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's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. MDB's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

MongoDB SG&A Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts777779991515777157779899777999101414
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's average Quarter SG&A projection for May 24 is $315.16M, based on 7 Wall Street analysts, with a range of $252.13M to $378.19M. The forecast indicates a 17.26% rise compared to MDB last annual SG&A of $268.77M (Jan 24).

MongoDB EPS Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts777779991515777157779899777999101414
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%

According to undefined Wall Street analysts, MongoDB's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to MDB previous annual EPS of $NaN (undefined).

MongoDB Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PATHUiPath$12.51$25.53104.08%Hold
OKTAOkta$74.06$120.6962.96%Hold
ZSZscaler$170.06$232.5436.74%Buy
MDBMongoDB$290.09$373.2728.67%Buy
CRWDCrowdStrike$259.13$322.5624.48%Buy
NETCloudflare$78.59$95.0020.88%Hold
ADBEAdobe$536.87$589.179.74%Buy
NTNXNutanix$59.06$63.156.93%Buy
PANWPalo Alto Networks$346.90$312.48-9.92%Buy

MDB Forecast FAQ


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.

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.

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.

MDB's highest twelve months analyst stock price target of $630 supports the claim that MongoDB can reach $400 in the near future.

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.

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).

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%