MDB Stock Recent News

MongoDB (NASDAQ: MDB), a leading database management provider, recently reported strong Q2 results that surpassed analyst expectations. The company also increased its full-year earnings forecast by 22% at the midpoint of its guidance range.

Stifel raised the firm's price target on MongoDB to $325 from $275 and keeps a Buy rating on the shares following what the firm calls one of the company's "strongest quarters ever." Atlas growth was "particularly impressive" as MongoDB benefited from healthy consumption growth across its installed base, strong new customer adds and emerging AI workload gains, says the analyst, who believes Atlas is positioned to sustain 25%-plus revenue growth.

Rosenblatt raised the firm's price target on MongoDB to $305 from $290 and keeps a Buy rating on the shares. The company reported a strong Q2 on Altas growth and new customer additions, the analyst tells investors in a research note. The firm expects the stock to react positively in the near-term.

Guggenheim raised the firm's price target on MongoDB to $310 from $260 and keeps a Buy rating on the shares. Atlas grew 29% in fiscal Q2, which was "much better than even the most bullish buyside expectations," according to the analyst, who sees upside to guidance for mid-20% Atlas growth in the second half and now models 29% growth for FY26.

Bernstein raised the firm's price target on MongoDB to $338 from $319 and keeps an Outperform rating on the shares following quarterly results. The firm notes the company delivered the strongest net new adds in 6 years and raised full year guidance for both the top and bottom line.

Piper Sandler raised the firm's price target on MongoDB to $345 from $275 and keeps an Overweight rating on the shares. The firm cites higher estimates and higher EV/free cash flow target multiple at 28-times based on robust cloud database demand. Strong Q2 results breathe life back into this AI infrastructure beneficiary with Atlas poised to surpass a $2B run-rate next year on 20%-plus growth prospects, Piper says. The firm recommends mid-cap growth investors revisit MongoDB ahead of the NYC user event and analyst day next month.

BofA analyst Brad Sills raised the firm's price target on MongoDB to $345 from $275 and keeps a Buy rating on the shares following what the firm calls "breakout" Q2 results driven by "a confluence of several key growth initiatives." The firm sees a healthy runway for growth with MongoDB having a number of key growth initiatives working and a "best of breed position in a large addressable market for unstructured database," the analyst added.

Wolfe Research raised the firm's price target on MongoDB to $355 from $280 and keeps an Outperform rating on the shares. The firm increased estimates following the company's fiscal Q2 beat and gidoasnce raise. The earnings print provides validation that MongoDB is at the intersection of enterprise data modernization and emerging artificial intelligence deployment, the analyst tells investors in a research note.

MongoDB is at an inflection point, with a new CFO driving cost cuts and improved profitability, making the stock setup highly attractive. I now expect 17%+ revenue growth for fiscal 2026, above my previous estimates, as AI traction and developer adoption accelerate. Free cash flow is surging, with projections of $310 million this year and $450 million next year, justifying a 52x forward FCF multiple.

MongoDB, Inc. (NASDAQ:MDB ) Q2 2026 Earnings Conference Call August 26, 2025 5:00 PM ET Company Participants a - Corporate Participant Dev C. Ittycheria - President, CEO & Director Michael J.