MongoDB, Inc. (MDB)
NASDAQ: MDB · IEX Real-Time Price · USD
383.80
+17.67 (4.83%)
At close: Apr 26, 2024, 4:00 PM
383.50
-0.30 (-0.08%)
After-hours: Apr 26, 2024, 5:33 PM EDT
MongoDB Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for MongoDB stock have an average target of 440.07, with a low estimate of 272 and a high estimate of 550. The average target predicts an increase of 14.66% from the current stock price of 383.80.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MongoDB stock from 29 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 10 | 9 | 9 | 10 | 11 |
| Buy | 14 | 14 | 13 | 14 | 13 | 13 |
| Hold | 2 | 2 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Total | 28 | 27 | 27 | 28 | 28 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $465 | Strong Buy | Reiterates | $465 | +21.16% | Apr 25, 2024 |
| Loop Capital | Loop Capital | Strong Buy Initiates $415 | Strong Buy | Initiates | $415 | +8.13% | Apr 23, 2024 |
| Keybanc | Keybanc | Buy Maintains $490 → $440 | Buy | Maintains | $490 → $440 | +14.64% | Apr 18, 2024 |
| Needham | Needham | Strong Buy Reiterates $465 | Strong Buy | Reiterates | $465 | +21.16% | Apr 9, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $495 → $500 | Strong Buy | Maintains | $495 → $500 | +30.28% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
1.96B
from 1.68B
Increased by 16.28%
Revenue Next Year
2.36B
from 1.96B
Increased by 20.49%
EPS This Year
2.53
from -2.48
EPS Next Year
3.54
from 2.53
Increased by 40.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.7B | 3.3B | 4.6B | 5.2B |
| Avg | 2.0B | 2.4B | 2.9B | 4.2B | 5.0B |
| Low | 1.9B | 2.1B | 2.6B | 3.9B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.1% | 38.2% | 38.9% | 57.2% | 22.5% |
| Avg | 16.3% | 20.5% | 24.5% | 44.2% | 17.9% |
| Low | 11.5% | 9.8% | 8.3% | 33.2% | 14.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.63 | 8.35 | 5.72 |
| Avg | 2.53 | 3.54 | 4.30 |
| Low | 2.24 | 2.78 | 3.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 230.2% | 61.6% |
| Avg | - | 40.0% | 21.4% |
| Low | - | 9.9% | -0.1% |
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.