MongoDB (MDB) Stock Forecast, Price Target & Predictions

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MDB Stock Forecast

MongoDB stock forecast is as follows: an average price target of $373.27 (represents a 32.48% upside from MDB’s last price of $281.76) 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 32.48% upside from MDB's last price of $281.76.

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

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%	24.22%
Aug 30, 2024	Kash Rangan	Goldman Sachs	$340.00	$290.79	16.92%	20.67%
Aug 30, 2024	Sanjit Singh	Morgan Stanley	$340.00	$282.42	20.39%	20.67%
Aug 30, 2024	Miller Jump	Truist Financial	$320.00	$245.72	30.23%	13.57%
Jun 13, 2024	Eric Heath	KeyBanc	$278.00	$220.09	26.31%	-1.33%
Jun 03, 2024	Patrick Colville	Scotiabank	$250.00	$236.06	5.91%	-11.27%
May 31, 2024	Brad Reback	Stifel Nicolaus	$300.00	$310.00	-3.23%	6.47%
May 31, 2024	Ittai Kidron	Oppenheimer	$300.00	$310.00	-3.23%	6.47%
May 31, 2024	Yun Kim	Loop Capital Markets	$315.00	$310.00	1.61%	11.80%
May 31, 2024	Brent Bracelin	Piper Sandler	$290.00	$310.00	-6.45%	2.92%

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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 24.22% increase from MDB last price ($281.76).

MongoDB Price Target by Period

	1M	3M	12M
# Anlaysts	-	4	26
Avg Price Target	-	$337.50	$360.31
Last Closing Price	$281.76	$281.76	$281.76
Upside/Downside	-100.00%	19.78%	27.88%

In the current month, the average price target of MongoDB stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to MongoDB's last price of $281.76. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 11, 2024	Wells Fargo	Sector Perform	Sector Perform	Hold
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

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MongoDB's last stock rating was published by Wells Fargo on Oct 11, 2024. The company gave MDB a "Sector Perform" rating, the same as its previous rate.

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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$458.00M	$432.94M	$423.79M	-	$361.31M	$333.62M	$303.66M	-	$266.49M	$226.89M	$198.75M	-	$171.00M	$150.77M	$138.28M	-	$123.52M	$109.44M
Avg Forecast	$745.23M	$715.29M	$679.37M	$633.16M	$615.26M	$591.05M	$561.74M	$523.32M	$508.75M	$497.65M	$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	$779.75M	$748.42M	$710.84M	$662.48M	$643.75M	$618.42M	$587.76M	$547.56M	$511.50M	$498.52M	$465.11M	$441.69M	$437.19M	$407.29M	$411.93M	$363.87M	$355.02M	$323.05M	$301.15M	$284.43M	$257.78M	$217.46M	$195.18M	$179.77M	$166.31M	$146.94M	$134.29M	$126.74M	$117.13M	$105.62M
Low Forecast	$739.49M	$709.78M	$674.14M	$628.28M	$610.52M	$586.49M	$557.41M	$519.29M	$506.02M	$497.31M	$464.94M	$441.19M	$437.19M	$405.58M	$390.66M	$345.09M	$336.70M	$301.98M	$281.51M	$265.88M	$240.96M	$203.27M	$182.45M	$168.04M	$155.46M	$137.35M	$125.53M	$118.48M	$109.49M	$98.73M
# Analysts	8	8	10	14	8	7	9	13	16	16	10	14	7	15	7	7	7	9	9	9	9	7	7	7	7	5	5	5	5	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	1.07%	1.08%	-	1.06%	1.09%	1.07%	-	1.09%	1.10%	1.08%	-	1.09%	1.09%	1.09%	-	1.12%	1.10%

MongoDB's average Quarter revenue forecast for May 24 based on 14 analysts is $441.44M, with a low forecast of $441.19M, and a high forecast of $441.69M. 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 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	8	8	10	14	8	7	9	13	16	16	10	14	7	15	7	7	7	9	9	9	9	7	7	7	7	5	5	5	5	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-70.97M	$-45.22M	$-49.00M	-	$-65.45M	$-75.43M	$-107.45M	-	$-78.21M	$-72.91M	$-66.96M	-	$-52.13M	$-50.95M	$-44.26M	-	$-48.84M	$-30.17M
Avg Forecast	$-185.38M	$-177.93M	$-169.00M	$-157.50M	$-153.05M	$-147.03M	$-139.74M	$-130.18M	$-126.55M	$-123.79M	$-115.68M	$-137.01M	$-108.75M	$-101.08M	$-97.93M	$-124.55M	$-123.46M	$-79.64M	$-74.28M	$-113.23M	$-63.58M	$-53.64M	$-48.14M	$-60.15M	$-41.02M	$-36.24M	$-33.12M	$-54.08M	$-28.89M	$-26.05M
High Forecast	$-183.96M	$-176.56M	$-167.70M	$-156.29M	$-151.87M	$-145.89M	$-138.66M	$-129.18M	$-125.88M	$-123.71M	$-115.66M	$-109.61M	$-108.75M	$-100.89M	$-97.18M	$-99.64M	$-98.77M	$-78.88M	$-73.53M	$-90.58M	$-62.94M	$-53.09M	$-47.66M	$-48.12M	$-40.61M	$-35.88M	$-32.79M	$-43.26M	$-28.60M	$-25.79M
Low Forecast	$-193.97M	$-186.18M	$-176.83M	$-164.80M	$-160.14M	$-153.84M	$-146.21M	$-136.21M	$-127.24M	$-124.01M	$-115.70M	$-164.41M	$-108.75M	$-101.32M	$-102.47M	$-149.46M	$-148.15M	$-84.38M	$-78.66M	$-135.88M	$-67.33M	$-56.80M	$-50.98M	$-72.19M	$-43.44M	$-38.38M	$-35.08M	$-64.89M	$-30.60M	$-27.59M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.65%	0.45%	0.50%	-	0.53%	0.95%	1.45%	-	1.23%	1.36%	1.39%	-	1.27%	1.41%	1.34%	-	1.69%	1.16%

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 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	8	8	10	14	8	7	9	13	16	16	10	14	7	15	7	7	7	9	9	9	9	7	7	7	7	5	5	5	5	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-55.46M	$-29.30M	$-37.60M	-	$-64.40M	$-84.84M	$-118.86M	-	$-84.45M	$-81.29M	$-77.13M	-	$-75.80M	$-72.65M	$-64.53M	-	$-62.56M	$-42.38M
Avg Forecast	$80.53M	$80.46M	$71.98M	$62.79M	$60.97M	$61.80M	$56.03M	$44.21M	$41.39M	$49.62M	$35.69M	$-147.94M	$33.58M	$37.20M	$33.64M	$-134.49M	$-137.66M	$-12.53M	$-20.77M	$-122.27M	$-15.88M	$-27.66M	$-28.95M	$-87.46M	$-28.53M	$-32.61M	$-29.18M	$-69.27M	$-20.44M	$-20.60M
High Forecast	$85.38M	$85.31M	$76.31M	$66.57M	$64.64M	$65.53M	$59.40M	$46.88M	$50.26M	$56.09M	$35.71M	$-118.35M	$33.60M	$41.00M	$35.66M	$-107.59M	$-110.13M	$-12.38M	$-20.49M	$-97.81M	$-15.67M	$-27.29M	$-28.57M	$-69.97M	$-28.16M	$-32.18M	$-28.80M	$-55.41M	$-20.18M	$-20.33M
Low Forecast	$79.73M	$79.66M	$71.26M	$62.16M	$60.36M	$61.19M	$55.47M	$43.77M	$37.70M	$48.18M	$35.68M	$-177.53M	$33.56M	$35.68M	$33.30M	$-161.39M	$-165.20M	$-13.50M	$-22.36M	$-146.72M	$-17.10M	$-29.78M	$-31.17M	$-104.96M	$-30.72M	$-35.11M	$-31.42M	$-83.12M	$-22.01M	$-22.17M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-1.65%	-0.79%	-1.12%	-	0.47%	6.77%	5.72%	-	5.32%	2.94%	2.66%	-	2.66%	2.23%	2.21%	-	3.06%	2.06%

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 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	8	8	10	14	8	7	9	13	16	16	10	14	7	15	7	7	7	9	9	9	9	7	7	7	7	5	5	5	5	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$268.77M	$242.95M	$242.04M	-	$234.21M	$216.50M	$222.19M	-	$179.90M	$152.94M	$138.18M	-	$123.50M	$108.39M	$96.50M	-	$88.00M	$76.58M
Avg Forecast	$497.44M	$477.45M	$453.48M	$422.63M	$410.68M	$394.52M	$374.96M	$349.31M	$339.58M	$332.17M	$310.40M	$315.16M	$291.82M	$271.22M	$262.79M	$286.51M	$258.99M	$203.53M	$189.82M	$260.46M	$162.48M	$137.06M	$123.03M	$142.50M	$104.83M	$92.62M	$84.64M	$97.43M	$73.83M	$66.58M
High Forecast	$520.48M	$499.56M	$474.48M	$442.20M	$429.70M	$412.79M	$392.32M	$365.49M	$341.42M	$332.76M	$310.46M	$378.19M	$291.82M	$271.86M	$274.96M	$343.81M	$310.79M	$215.63M	$201.02M	$312.55M	$172.07M	$145.15M	$130.28M	$170.99M	$111.01M	$98.08M	$89.63M	$116.91M	$78.19M	$70.50M
Low Forecast	$493.60M	$473.77M	$449.98M	$419.37M	$407.51M	$391.48M	$372.07M	$346.62M	$337.77M	$331.95M	$310.35M	$252.13M	$291.82M	$270.72M	$260.76M	$229.21M	$207.19M	$201.57M	$187.90M	$208.37M	$160.84M	$135.68M	$121.78M	$114.00M	$103.77M	$91.68M	$83.79M	$77.94M	$73.09M	$65.90M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	0.90%	0.92%	-	0.90%	1.06%	1.17%	-	1.11%	1.12%	1.12%	-	1.18%	1.17%	1.14%	-	1.19%	1.15%

MongoDB's average Quarter SG&A projection for May 24 is $315.16M, based on 14 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 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	8	8	10	14	8	7	9	13	16	16	10	14	7	15	7	7	7	9	9	9	9	7	7	7	7	5	5	5	5	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.77	$-0.00	$-0.53	-	$-0.93	$-1.23	$-1.74	-	$-1.26	$-1.22	$-1.22	-	$-1.25	$-1.22	$-1.10	-	$-1.10	$-0.75
Avg Forecast	$1.10	$1.09	$0.98	$0.85	$0.83	$0.84	$0.76	$0.60	$0.56	$0.67	$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	$0.91	$0.88	$0.89	$0.81	$0.64	$0.68	$0.76	$0.49	$0.38	$0.46	$0.56	$0.48	$0.20	$0.08	$-0.17	$-0.28	$-0.08	$-0.21	$-0.37	$-0.39	$-0.35	$-0.38	$-0.44	$-0.39	$-0.24	$-0.27	$-0.28
Low Forecast	$1.08	$1.08	$0.97	$0.85	$0.82	$0.83	$0.75	$0.60	$0.51	$0.66	$0.49	$0.38	$0.46	$0.49	$0.45	$0.18	$0.07	$-0.18	$-0.30	$-0.08	$-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%	-	5.83%	3.24%	3.10%	-	3.22%	2.75%	2.77%	-	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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PATH	UiPath	$12.87	$25.43	97.59%	Hold
OKTA	Okta	$73.69	$116.97	58.73%	Hold
MDB	MongoDB	$281.76	$373.27	32.48%	Buy
ADBE	Adobe	$499.50	$592.03	18.52%	Buy
ZS	Zscaler	$200.94	$233.41	16.16%	Buy
NET	Cloudflare	$96.47	$95.45	-1.06%	Hold
CRWD	CrowdStrike	$350.15	$321.14	-8.29%	Buy
NTNX	Nutanix	$69.44	$63.23	-8.94%	Buy
PANW	Palo Alto Networks	$392.89	$323.26	-17.72%	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 32.48% from its last price of $281.76. 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 32.48% (from the last price of $281.76 to the average price target of $373.27), up by 123.59% based on the highest stock price target, and down by -16.60% 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 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 $2.27B), average EBITDA is $-570M (high $-566M, low $-596M), average net income is $223.02M (high $236.45M, low $220.79M), average SG&A $1.53B (high $1.6B, low $1.52B), and average EPS is $3.03 (high $3.22, 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 $-690M (high $-685M, low $-722M), average net income is $295.76M (high $313.57M, low $292.8M), average SG&A $1.85B (high $1.94B, low $1.84B), and average EPS is $4.02 (high $4.26, low $3.98).

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 $-432M by -45.94%. 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 $-109M by -34.75%. 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%