Mizuho upgrades MongoDB to Outperform from Neutral. Analyst cites efficient growth, 60% customer jump, rising retention, and AI tailwinds driving durable upside.
MongoDB's shares plunged 23% after announcing weaker-than-expected Q1 forecasts, despite strong Q4 results.
MongoDB (MDB) reports exceptional Q3 results with revenue of $628M and EPS of $1.32, significantly beating estimates. Atlas revenue surges 30% YoY as company raises full-year guidance.
Citi increases MongoDB price target to $440, citing strong profitability, AI demand, and continued growth. Stock still undervalued compared to peers.
MongoDB stock surged after beating Q2 2026 earnings and raising forecasts. Record customer growth (5,000+ YTD), particularly from "AI-native companies," and strong Atlas revenue acceleration (29%) drove the success.
