MongoDB, Inc. (MDB)

MongoDB Stock Forecast

Stock Price Forecast

The 26 analysts with 12-month price forecasts for MongoDB stock have an average target of 361.04, with a low estimate of 250 and a high estimate of 491. The average target predicts an increase of 43.58% from the current stock price of 251.46.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$250	$361.04	$325	$491
Change	-0.58%	+43.58%	+29.25%	+95.26%

Analyst Ratings

The average analyst rating for MongoDB stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	9	10	11	11	10	10
Buy	14	13	13	13	13	12
Hold	4	3	3	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	2	2	2	1	1
Total	28	28	29	29	28	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brent Bracelin Piper Sandler	Piper Sandler	Buy Maintains $350 → $300	Buy	Maintains	$350 → $300	+19.30%	Jul 12, 2024
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $500 → $400	Strong Buy	Maintains	$500 → $400	+59.07%	Jul 11, 2024
Mike Cikos Needham	Needham	Strong Buy Reiterates $290	Strong Buy	Reiterates	$290	+15.33%	Jun 13, 2024
Patrick Colville Scotiabank	Scotiabank	Hold Maintains $385 → $250	Hold	Maintains	$385 → $250	-0.58%	Jun 3, 2024
Tyler Radke Citigroup	Citigroup	Strong Buy Maintains $480 → $350	Strong Buy	Maintains	$480 → $350	+39.19%	Jun 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.92B

Increased by 14.08%

from 1.68B

Revenue Next Year

2.25B

Increased by 17.34%

from 1.92B

EPS This Year

2.28

from -2.48

EPS Next Year

3.07

Increased by 34.43%

from 2.28

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	421.72M	590.38M	873.78M	1.28B	1.68B	1.92B	2.25B	2.86B	3.66B	4.67B
Revenue Growth	57.94%	39.99%	48.00%	46.95%	31.07%	14.08%	17.34%	26.94%	27.80%	27.72%
EPS	-3.14	-4.53	-4.75	-5.03	-2.48	2.28	3.07	4.61	7.47	13.23
EPS Growth	-	-	-	-	-	-	34.43%	50.19%	62.02%	77.02%
Forward PE	-	-	-	-	-	110.09	81.89	54.53	33.66	19.01
No. Analysts	-	-	-	-	-	34	34	12	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.1B	2.6B	3.8B	4.8B	6.0B
Avg	1.9B	2.3B	2.9B	3.7B	4.7B
Low	1.8B	2.1B	2.5B	3.1B	3.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	24.4%	33.4%	70.3%	69.0%	63.6%
Avg	14.1%	17.3%	26.9%	27.8%	27.7%
Low	9.8%	8.2%	11.4%	7.5%	4.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.53	6.14	8.36	11.35	14.01
Avg	2.28	3.07	4.61	7.47	13.23
Low	2.15	2.41	3.09	4.17	12.59

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	168.9%	172.2%	146.1%	87.5%
Avg	-	34.4%	50.2%	62.0%	77.0%
Low	-	5.5%	0.6%	-9.7%	68.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.