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Mizuho analyst Siti Panigrahi has revised the price target for MongoDB (MDB, Financial), reducing it from $250 to $190 while maintaining a Neutral rating on the stock. This adjustment is part of a broader assessment ahead of the first-quarter results in the software sector, where price targets have been cut due to a recent compression in software multiples.

Despite the reduction, Mizuho views the recent downturn in the software market as offering an “attractive buying opportunity” for investors. While Mizuho anticipates strong performance reports for the first quarter, it also notes that company management might exhibit caution regarding expectations for the fiscal year.

The firm asserts that ongoing tariff issues are not expected to disrupt the core fundamentals of the software-as-a-service industry, indicating a resilient outlook for the sector despite external challenges.

Wall Street Analysts Forecast

Based on the one-year price targets offered by 34 analysts, the average target price for MongoDB Inc (MDB, Financial) is $294.39 with a high estimate of $520.00 and a low estimate of $180.00. The average target implies an
upside of 86.27%
from the current price of $158.04. More detailed estimate data can be found on the MongoDB Inc (MDB) Forecast page.

Based on the consensus recommendation from 38 brokerage firms, MongoDB Inc’s (MDB, Financial) average brokerage recommendation is currently 2.0, indicating “Outperform” status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for MongoDB Inc (MDB, Financial) in one year is $433.07, suggesting a
upside
of 174.03% from the current price of $158.04. GF Value is GuruFocus’ estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business’ performance. More detailed data can be found on the MongoDB Inc (MDB) Summary page.

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