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Key Highlights:

• MongoDB reports a strong 22% year-over-year revenue growth, surpassing expectations.
• The company boosts its share repurchase program by $800 million, aiming for a total of $1 billion.
• Analysts forecast significant potential upside, with a consensus rating of “Outperform”.

MongoDB Inc. (MDB, Financial) has delivered a robust performance in its first quarter of fiscal 2026, showcasing a 22% increase in revenue compared to the previous year, reaching $549 million. This impressive growth not only exceeded market expectations but also positioned the company for future success by enhancing its full-year revenue and operating margin outlook. Additionally, MongoDB has announced an expansion of its share repurchase program, increasing its authorization by $800 million to reach a total of $1 billion. This strategic move reflects confidence in its financial strength and commitment to delivering shareholder value.

Wall Street Analysts Forecast

Analysts are optimistic about MongoDB’s prospects. Based on the insights from 34 analysts, the average one-year price target is set at $263.67. There is a wide range in estimates, with the highest at $520.00 and the lowest at $160.00, indicating a substantial potential upside of 32.01% from the current price of $199.73. For a more comprehensive view of these projections, visit the MongoDB Inc (MDB, Financial) Forecast page.

The consensus from 37 brokerage firms classifies MongoDB with an average recommendation of 2.0, suggesting an “Outperform” rating. This is based on a scale where 1 signifies a Strong Buy and 5 indicates a Sell. Such a rating underscores the confidence analysts have in MongoDB’s long-term growth potential.

As per GuruFocus estimates, the GF Value for MongoDB Inc (MDB, Financial) is projected to be $444.25 within a year. This suggests a compelling upside potential of 122.43% from the current trading price of $199.73. The GF Value represents GuruFocus’ fair value estimate, derived from historical trading multiples, past business growth, and forward-looking business performance metrics. To explore further data and insights, visit the MongoDB Inc (MDB) Summary page.

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