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Summary:

• Stifel maintains a Buy rating for MongoDB (MDB, Financial) with a revised target price of $275.
• Analysts predict a significant upside for MDB, with an average target price of $297.36.
• GuruFocus estimates suggest a 168.2% upside based on the GF Value metric.

Stifel has reaffirmed its Buy rating on MongoDB (MDB), although it has adjusted the target price to $275, citing increased competition from PostgreSQL. Despite this competitive pressure, a substantial 80% of surveyed customers anticipate maintaining consistent growth in their database usage, utilizing both technologies for different workloads. MongoDB’s valuation presents an attractive opportunity for long-term investors.

Wall Street Analysts’ Forecast

According to price targets from 34 analysts, MongoDB Inc (MDB, Financial) is expected to reach an average price target of $297.36 within a year. This includes a high estimate of $520.00 and a low of $180.00. The average target implies a robust upside of 84.16% from the current market price of $161.47. For more detailed projections, please visit the MongoDB Inc (MDB) Forecast page.

Consensus from 38 brokerage firms places MongoDB Inc (MDB, Financial) at an average recommendation of 2.0, signaling an “Outperform” status. The rating system ranges from 1 to 5, where 1 is a Strong Buy and 5 is a Sell.

According to GuruFocus, the estimated GF Value for MongoDB Inc (MDB, Financial) is projected to be $433.07 in one year. This indicates a potential upside of 168.2% from the current price of $161.47. The GF Value metric reflects GuruFocus’ valuation of the stock, derived from historical trading multiples, past growth, and future business projections. Additional information is available on the MongoDB Inc (MDB) Summary page.

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