MongoDB (MDB) Stock Overview
Provides general purpose database platform worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
MDB Community Fair Values
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Analyst Price Targets
MongoDB, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$332.75 |
| 52 Week High | US$444.72 |
| 52 Week Low | US$196.00 |
| Beta | 1.55 |
| 1 Month Change | 2.03% |
| 3 Month Change | 21.77% |
| 1 Year Change | 65.14% |
| 3 Year Change | -14.68% |
| 5 Year Change | -12.26% |
| Change since IPO | 937.57% |
Recent News & Updates
Seeking Alpha • Jun 19
MongoDB: AI's Dependence On Data Is Buoying Database Sales
Summary MongoDB has rebounded ~50% from YTD lows, driven by surging AI-driven demand for its unstructured database products. MDB raised FY27 guidance to $2.92–$2.96 billion (19–20% growth), with the new low end exceeding prior guidance’s high end. At 8.3x EV/FY27 revenue, MDB trades at a premium to application software peers but at a discount to infrastructure software names with similar growth. I see further upside for MDB as outsized growth and potential multiple expansion remain supported by robust AI adoption and resilient consumption-based pricing. Read the full article on Seeking Alpha
Narrative Update • Jun 19
MDB: Atlas And AI Data Workloads Will Drive Future Share Upside
MongoDB's analyst price target has been revised slightly lower to about $394.68 from $395.77. Analysts are factoring in modest adjustments to growth and discount rate assumptions while still pointing to solid Atlas momentum, a maturing AI data platform opportunity, and broadly higher Street targets across recent research updates.Narrative Update • Jun 04
MDB: Atlas Usage And AI Workloads Will Test Profitability Discipline
Analysts have reset the fair value estimate for MongoDB to $395.77 from $440.10. This reflects updated expectations for profitability, a lower assumed discount rate, and a more moderate future P/E multiple, despite broadly higher Street price targets on solid Atlas trends and AI-related opportunities.Recent updates
Seeking Alpha • Jun 19
MongoDB: AI's Dependence On Data Is Buoying Database Sales
Summary MongoDB has rebounded ~50% from YTD lows, driven by surging AI-driven demand for its unstructured database products. MDB raised FY27 guidance to $2.92–$2.96 billion (19–20% growth), with the new low end exceeding prior guidance’s high end. At 8.3x EV/FY27 revenue, MDB trades at a premium to application software peers but at a discount to infrastructure software names with similar growth. I see further upside for MDB as outsized growth and potential multiple expansion remain supported by robust AI adoption and resilient consumption-based pricing. Read the full article on Seeking AlphaNarrative Update • Jun 19
MDB: Atlas And AI Data Workloads Will Drive Future Share Upside
MongoDB's analyst price target has been revised slightly lower to about $394.68 from $395.77. Analysts are factoring in modest adjustments to growth and discount rate assumptions while still pointing to solid Atlas momentum, a maturing AI data platform opportunity, and broadly higher Street targets across recent research updates.Narrative Update • Jun 04
MDB: Atlas Usage And AI Workloads Will Test Profitability Discipline
Analysts have reset the fair value estimate for MongoDB to $395.77 from $440.10. This reflects updated expectations for profitability, a lower assumed discount rate, and a more moderate future P/E multiple, despite broadly higher Street price targets on solid Atlas trends and AI-related opportunities.
Narrative Update • May 19
MDB: AI Data Stack Role Will Support Post Earnings Reset Opportunity
MongoDB's analyst fair value estimate has been nudged higher to $461.27 from $455.27 as analysts weigh stronger expected revenue growth and a slightly lower discount rate against more tempered margin and P/E assumptions. Analyst Commentary Recent Street research on MongoDB reflects a wide range of valuation views, but the tone of many reports remains constructive.Narrative Update • May 01
MDB: AI Data Stack Positioning Will Support Post Earnings Reset Upside
Narrative Update The updated analyst price target for MongoDB edges lower to $455.27 from $462.19. This reflects analysts' use of slightly lower valuation multiples and more gradual margin assumptions after recent price target cuts across the Street, even as they continue to reference solid Q4 results and ongoing interest in Atlas and AI use cases.
Narrative Update • Apr 16
MDB: Fair Outlook Sees AI Data Role Tested By Guidance Reset
Analysts keep the fair value estimate steady at $250.00 while trimming margin assumptions, slightly lifting revenue growth expectations, and allowing for a higher future P/E. This reflects recalibrated Street price targets after mixed Q4 results and softer fiscal 2027 guidance.Narrative Update • Apr 02
MDB: AI Data Stack Leadership Will Support Post Reset Upside Potential
The updated analyst price target for MongoDB moves from about $525 to about $462, as analysts factor in softer margin and revenue growth assumptions alongside a slightly higher future P/E multiple following recent Q4 results and guidance. Analyst Commentary Recent Street research on MongoDB reflects a wide reset in price targets following Q4 results and fiscal 2027 guidance.Narrative Update • Mar 19
MDB: Fair Outlook Balances AI Data Ambition With Atlas And Leadership Uncertainty
Analysts are resetting expectations for MongoDB, applying a lower implied valuation multiple and assuming more gradual margin expansion. This feeds through to the updated price target while keeping revenue assumptions broadly in line and recognizing improving profit margin assumptions in the model.Narrative Update • Mar 05
MDB: Fair Outlook Sees AI Data Opportunity Tempered By Atlas And Leadership Uncertainty
Narrative Update Our updated analyst price target for MongoDB moves from $340.43 to $250.00, reflecting analysts' lower long term revenue growth assumptions, a slightly higher discount rate and a more conservative future P/E multiple, even as they highlight ongoing AI related opportunities and the recent post earnings selloff as a reset in expectations rather than a change in the core story. Analyst Commentary A wave of post earnings research on MongoDB has centered on resetting expectations after mixed guidance and a sharp pullback in the share price.Narrative Update • Feb 18
MDB: Fair Outlook Balances AI Workload Opportunity With Execution And Expectation Risks
Narrative Update: MongoDB Our fair value estimate for MongoDB has been revised to $340.43, reflecting a higher revenue growth assumption of 18.87% and a very large future P/E multiple, as analysts point to broadly supportive price target moves tied to Atlas growth expectations, AI driven demand, and a generally constructive multi year setup in recent research. Analyst Commentary Recent research on MongoDB continues to lean constructive, with several firms lifting their price targets and highlighting the company as a key beneficiary of database modernization and artificial intelligence related workloads.Narrative Update • Feb 04
MDB: AI Workloads And Cloud Recurring Revenue Will Support Future Leadership Transition
Our updated fair value estimate for MongoDB moves to $525 from $550, as analysts factor in expectations for higher long term revenue growth, a richer future P/E multiple, and a lower discount rate, partially offset by more conservative profit margin assumptions. Analyst Commentary Recent Street research has generally tilted positive on MongoDB, with a series of higher price targets and reaffirmed positive ratings.Narrative Update • Jan 21
MDB: Atlas And AI Adoption Will Support Upcoming Leadership Transition
Analysts have modestly raised their implied outlook on MongoDB, with price targets now clustering in the US$405 to US$500 range. They cite stronger Atlas momentum, improving profitability, and confidence in the company’s AI positioning and new leadership.Narrative Update • Jan 07
MDB: Atlas And AI Workloads Will Drive Leadership Transition Upside
Analysts have raised their fair value estimate for MongoDB from $394.78 to $550.00, citing higher expected revenue growth, improved profitability, a lower future P/E assumption, and supportive Street research that emphasizes Atlas momentum, AI related demand, and confidence in the new CEO transition. Analyst Commentary Recent Street research on MongoDB has been broadly constructive, with a series of higher price targets and reaffirmed positive ratings.Analysis Article • Dec 19
MongoDB, Inc.'s (NASDAQ:MDB) 26% Share Price Surge Not Quite Adding Up
Despite an already strong run, MongoDB, Inc. ( NASDAQ:MDB ) shares have been powering on, with a gain of 26% in the...Narrative Update • Dec 17
MDB: Leadership Transition And AI Demand Will Shape Durable Profitability Outlook
Analysts have raised their price target on MongoDB by $12, to $440 from $428, citing improving profitability, sustained Atlas driven and AI related demand, and confidence in the company’s leadership transition and long term growth profile. Analyst Commentary Recent research notes highlight a broadly constructive backdrop for MongoDB, with a series of price target increases reflecting improving execution, durable growth prospects, and rising conviction in the company’s AI and Atlas strategies.Narrative Update • Dec 03
MDB: Leadership Change And AI Adoption Will Shape Durable Platform Positioning
The Analyst Price Target for MongoDB has increased by approximately $58 to about $428, as analysts highlight improving profitability, rising confidence in durable Atlas-driven growth and AI adoption, and strengthened leadership positioning as key supports for higher long-term valuation multiples. Analyst Commentary Recent research notes reflect a broadly constructive view on MongoDB, with most price targets moving higher as analysts point to strengthening fundamentals, expanding AI opportunities, and improving visibility into long term growth and profitability.Narrative Update • Nov 19
MDB: Leadership Transition And AI Expansion Will Shape Future Performance Amid Competition
MongoDB's analyst price target has been raised from approximately $353 to nearly $370. This reflects analyst confidence in accelerating revenue growth, stronger profit margins, and continued leadership strength amid durable business momentum.Narrative Update • Nov 01
MDB: AI Adoption And Expanding Platform Will Support Balanced Outlook Ahead
MongoDB's analyst price target has increased modestly to $353, as analysts cite strengthening AI adoption, sustained Atlas platform momentum, and improved growth visibility as key drivers supporting the upgrade. Analyst Commentary Recent analyst research on MongoDB has provided a comprehensive overview of both the company’s opportunities and challenges, with price targets broadly trending higher.Narrative Update • Oct 18
Atlas Adoption Will Drive Enterprise Cloud Transformation
MongoDB's analyst price target has been raised significantly, with recent targets now reaching as high as $430. Analysts cite improving execution, growing AI opportunities, and increasing confidence in Atlas-driven growth as drivers for their higher valuations.Narrative Update • Oct 03
Atlas Adoption Will Drive Enterprise Cloud Transformation
MongoDB's analyst price target has increased significantly from approximately $317 to nearly $351. Analysts cite improved growth visibility, stronger profit margins, and expanding opportunities in AI-driven applications as key drivers behind the upward revision.Analysis Article • Aug 29
Revenues Not Telling The Story For MongoDB, Inc. (NASDAQ:MDB) After Shares Rise 32%
MongoDB, Inc. ( NASDAQ:MDB ) shares have continued their recent momentum with a 32% gain in the last month alone. The...Narrative Update • Aug 28
Atlas Adoption Will Drive Enterprise Cloud Transformation
The consensus analyst price target for MongoDB has been raised from $272.21 to $311.71, reflecting strong Atlas cloud momentum, improved management credibility from consistent outperformance and guidance raises, and growing confidence in the company’s position to capture AI-related demand and broader enterprise data modernization trends. Analyst Commentary Bullish analysts highlighted a significant reacceleration in Atlas cloud revenue growth, with strong consumption trends, robust new customer additions, and margin expansion driving broad-based outperformance across recent quarters.
New Narrative • Mar 19
Atlas And Voyage AI Investments Will Expand Future AI Capabilities
MongoDB's focus on AI capabilities and app modernization aims to expand revenue streams and improve long-term earnings.Seeking Alpha • Mar 06
MongoDB Earnings: Sky-High Valuation Leaves No Margin For Error (Downgrade)
Summary MongoDB, Inc. operates debt-free with $2.3 billion in cash but is overvalued at 150x forward free cash flow, prompting a sell rating. Despite guiding for 20% y/y revenue growth, flawless execution in a tough market is required, which is uncertain. MongoDB's flagship product, Atlas, continues to grow, but competition from Amazon, Microsoft, and Oracle remains fierce. MDB stock's current valuation demands near-flawless execution, making it too risky compared to other investment opportunities. Read the full article on Seeking AlphaSeeking Alpha • Feb 15
MongoDB: Sell Before The Weak Fundamentals Catch Up With The Stock (Technical Analysis)
Summary The technicals are currently strong for MDB stock, with most indications showing a bullish outlook. Q3 earnings and Q4 guidance are overall worrying as revenue growth decelerates and adjusted EPS growth is expected to drop sharply into negative territory. The stock is overvalued as the P/S ratio fails to adequately reflect the deteriorating fundamentals of the business. Therefore, I believe investors should use the strong technicals as a selling opportunity as the fundamentals are weakening. Read the full article on Seeking AlphaSeeking Alpha • Jan 14
MongoDB: Growth Outlook Remains Positive
Summary MDB's Atlas platform and Enterprise Advanced segments are key growth drivers, benefiting from the AI tailwind and multi-cloud adoption. Despite a share price drop, MDB's fundamentals remain strong with solid growth prospects and a resurgence in the Enterprise Advanced segment. Management's FY25 revenue guidance of 17% y/y growth is achievable, with potential for even higher growth as hybrid cloud demand accelerates. Read the full article on Seeking AlphaSeeking Alpha • Dec 26
MongoDB's Growth Rate Inflection: Just Over The Horizon
Summary Despite recent stock declines, MongoDB's technology remains strong, with substantial growth potential driven by its No-SQL database offerings and AI integration. The company's current growth malaise is attributed to macroeconomic conditions and slower-than-expected usage growth, particularly among smaller enterprises. MongoDB is pivoting towards enterprise clients and AI-driven legacy app modernization to drive future growth, with promising early results. I recommend MongoDB shares for risk-oriented investors, anticipating a growth inflection within the next few quarters, despite current market challenges. MongoDB dominates the No-SQL database market with a share of almost 50% that has risen recently. Read the full article on Seeking AlphaSeeking Alpha • Dec 10
MongoDB Q3 Earnings: Growth Acceleration Could Be On The Horizon, But A Lot Priced In
Summary MongoDB's fiscal Q3 2024 results were strong, but the fiscal Q4 2024 outlook shows a typical seasonal slowdown, raising concerns about Atlas consumption growth. The stock is expensive at 70x next year's non-GAAP operating profits, making it a cautious buy despite recent momentum. Fiscal 2026 revenue growth may reach 20% CAGR, but the current valuation at 71x forward non-GAAP operating profits limits the upside without significant growth surprises. While MongoDB has positive momentum, high valuation, and macroeconomic challenges suggest a cautious approach; I'll remain neutral. Read the full article on Seeking AlphaSeeking Alpha • Nov 08
MongoDB: Playing The Long Game In A Fiercely Competitive Market
Summary MongoDB's Q2 fiscal 2025 revenue increased by 13% year-over-year to $478.1 million, with Atlas contributing 71% of total revenue. The NoSQL database market is projected to grow significantly, with estimates reaching up to $82.3 billion by 2031, indicating robust industry expansion. MDB faces strong competition from Amazon's DynamoDB, which offers comparable features and benefits from AWS integration. Despite revenue growth, the Company continues to report net losses, primarily due to substantial SG&A and R&D expenditures. I recommend a buy for MongoDB, as its dominant market position and Atlas growth potential provide strong long-term upside despite current profitability challenges. Read the full article on Seeking AlphaSeeking Alpha • Oct 28
MongoDB: AI Tailwinds Make For A Long Growth Runway
Summary MongoDB's new business remains unaffected by the macro environment, with strong new customer growth and a low market share in a large market. Existing workload consumption is impacted by macro conditions, but Atlas consumption growth exceeded expectations, contributing to a 13% year-over-year revenue increase. MongoDB's realistic approach to AI highlights long-term opportunities, with AI applications expected to benefit from MongoDB's flexible, scalable, and secure data layer. Strong Q2 performance with improved sales productivity and retention rates, reinforcing confidence in MongoDB's ability to capitalize on long-term growth opportunities in AI and legacy modernization. Read the full article on Seeking AlphaSeeking Alpha • Oct 02
MongoDB Isn't Much Of A Growth Stock Any Longer, Though It's Priced Like One (Rating Downgrade)
Summary Downgrading MongoDB to a sell rating as its growth rate has decayed further, driven by weak consumption trends as its clients pull back on IT budgets. Even after a ~30% YTD drop, the stock still trades at a very sharp ~8x FY26 revenue multiple, well above many software peers that are growing in the low teens. Making growth matters worse, the company is still spending heavily to support sales, which is causing operating margins to decline. Wall Street consensus is already calling for FY26 revenue growth to accelerate after lapping consumption weakness this year, which is hardly guaranteed if we enter a recession. Read the full article on Seeking AlphaSeeking Alpha • Sep 05
MongoDB: Solid Second Quarter Eases Competition Concerns
Summary Despite a weak demand environment, MongoDB continues to attract new customers and expand within existing ones. Growth is currently soft though, due in large part to difficult comparable periods in 2023. While MongoDB's margins are trending upward, large investments in future growth, despite a sluggish demand environment, will limit near-term gains. I'm currently fairly neutral on MongoDB due to potential economic headwinds and the time needed for AI benefits to materialize. Read the full article on Seeking AlphaSeeking Alpha • Aug 30
MongoDB Earnings: Don't Chase This Stock, Cache Out
Summary Despite MongoDB's raised guidance, its stock is still priced at an exorbitant 100x forward non-GAAP operating profits, which is unsustainable. MongoDB's growth rates are erratic and below 20% CAGR, failing to justify its premium valuation and high market enthusiasm. The shift to MongoDB Atlas is cannibalizing its on-premise business, and macroeconomic pressures could further impact revenue growth. Paying 100x forward non-GAAP EPS for MongoDB is too high a premium given its slower growth and uncertain profitability path. Read the full article on Seeking AlphaSeeking Alpha • Aug 21
MongoDB: The Q2 Event Won't Have Too Many Highs, But A Trough Seems Imminent
Summary MongoDB which has plummeted by -38% YTD and underperformed the Nasdaq could have an opportunity to bridge the price gap seen on the daily charts since the Q1 event. MDB reports Q2 earnings on the 29th of this month, and we focus on some of the key themes that could dominate the event. Forward P/E valuations are rather off-putting, particularly in light of the medium-term earnings growth on offer. The stock is intriguingly poised near its descending trendline and no longer looks overbought versus other offerings that participate in the expanded tech space. Read the full article on Seeking AlphaSeeking Alpha • Aug 14
MongoDB Stock: Still A Risky Investment After A 40% Decline
Summary MongoDB, Inc. stock is down by more than 40% since the beginning of the year, and that's not good news for investors. Despite the poor share price performance, MongoDB is still exposed to significant downside risk. Profitability is likely to worsen as the current fiscal year progresses, and investors need to keep a close eye on margins. Read the full article on Seeking AlphaSeeking Alpha • Jul 04
MongoDB: Volatility Should Persist In The Medium Term
Summary MongoDB stock dropped post-FQ1 results despite double-digit revenue growth and beating estimates, but with lowered guidance for the full fiscal year. The stock outperformed tech-heavy Invesco QQQ Trust due to AI-related optimism, but challenges persist. MongoDB faces demand weakness, competition from hyperscalers, and risks from Gen AI advancements, leading to a bearish outlook. It could potentially benefit from AI, but this could take time to show in MongoDB’s numbers. In the meanwhile, it could face volatility given that its valuations show that the market is full of expectations. Read the full article on Seeking AlphaSeeking Alpha • May 26
MongoDB Q1 Earnings Preview: Caution Ahead As Investor Optimism Remains Elevated
Summary MongoDB has underperformed the indices YTD. It will report its Q1 FY25 earnings on May 30, where it expects to generate $440M in revenue and $23.5M in non-GAAP operating income. The company reported strong revenue and earnings growth in its Q4 FY24 earnings report led by consumption trends and workload acquisition in its Atlas offering. For FY25, management is focused on driving product innovation to bring new workloads, while expanding its sales capacity to gain market share among enterprise customers. I believe we need to pay close attention to management’s commentary on consumption trends while assessing progress on gaining customers with $100K+ in ARR as the company expands sales capacity. There appears to be elevated investor confidence given the last four quarters of earnings outperformance, meaning risk-reward does not look attractive at current levels. Read the full article on Seeking AlphaShareholder Returns
| MDB | US IT | US Market | |
|---|---|---|---|
| 7D | -2.9% | -5.1% | 1.4% |
| 1Y | 65.1% | -11.3% | 25.7% |
Return vs Industry: MDB exceeded the US IT industry which returned -11.3% over the past year.
Return vs Market: MDB exceeded the US Market which returned 25.7% over the past year.
Price Volatility
| MDB volatility | |
|---|---|
| MDB Average Weekly Movement | 10.4% |
| IT Industry Average Movement | 11.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MDB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MDB's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 5,636 | CJ Desai | www.mongodb.com |
MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It offers professional services comprising consulting and training.
MongoDB, Inc. Fundamentals Summary
| MDB fundamental statistics | |
|---|---|
| Market cap | US$26.76b |
| Earnings (TTM) | -US$29.09m |
| Revenue (TTM) | US$2.60b |
10.3x
P/S Ratio-920.0x
P/E RatioIs MDB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MDB income statement (TTM) | |
|---|---|
| Revenue | US$2.60b |
| Cost of Revenue | US$729.46m |
| Gross Profit | US$1.87b |
| Other Expenses | US$1.90b |
| Earnings | -US$29.09m |
Last Reported Earnings
Apr 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.36 |
| Gross Margin | 71.97% |
| Net Profit Margin | -1.12% |
| Debt/Equity Ratio | 0% |
How did MDB perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/21 01:38 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/04/30 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MongoDB, Inc. is covered by 51 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Shepherd | Arete Research Services LLP |
| Joseph Bonner | Argus Research Company |
| William Power | Baird |