MongoDB (MDB) investors will focus on the company's continued traction with artificial intelligence-native customers aiding the acceleration of Atlas cloud database service, RBC said in a Q4 preview.

Investors will also look for commentary around the company's go-to-market strategy under the new chief executive officer CJ Desai, the broader adoption of MongoDB's newer AI stock keeping units, and the company's initial fiscal 2027 guidance, RBC said in a Friday note.

RBC estimates the company to report Q4 revenue and operating margin of $701.8 million and 26.9%, respectively, compared with the consensus of $670.1 million and 21.3%. RBC was in-line with consensus on fiscal 2027 revenue and operating margin estimates of $2.90 billion and 19.3%, respectively.

Additionally, RBC said its checks suggest that an increasing number of AI-native companies are adopting MongoDB, and that investor concerns around competition with PostgreSQL are "overblown."

MongoDB is poised to report its Q4 results on March 2.

RBC maintained its outperform rating on the company with a $500 price target.

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