MongoDB Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga Earnings
3 hours ago

MongoDB, Inc. (NASDAQ:MDB) will release its second earnings report after the closing bell on Tuesday, Sept. 1.

Analysts expect the New York-based company to report quarterly earnings of $1.61 per share, up from $1.00 per share in the year-ago period. The consensus estimate for MongoDB’s quarterly revenue is $734.4 million. It reported $591.4 million last year, according to Benzinga Pro.

On May 28, MongoDB reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.

MongoDB shares gained 1.4% to close at $446.62 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • DA Davidson analyst Rudy Kessinger maintained a Buy rating and raised the price target from $375 to $465 on Aug. 26, 2026. This analyst has an accuracy rate of 75%.
  • Barclays analyst Raimo Lenschow maintained an Overweight rating and boosted the price target from $387 to $460 on Aug. 26, 2026. This analyst has an accuracy rate of 71%.
  • Wells Fargo analyst Ryan Macwilliams maintained an Overweight rating and raised the price target from $375 to $475 on Aug. 25, 2026. This analyst has an accuracy rate of 67%.
  • Baird analyst William Power maintained a Neutral rating and boosted the price target from $335 to $400 on Aug. 25, 2026. This analyst has an accuracy rate of 84%.
  • UBS analyst Karl Keirstead maintained a Neutral rating and increased the price target from $350 to $460 on Aug. 24, 2026. This analyst has an accuracy rate of 75%.

Considering buying MDB stock? Here’s what analysts think:

Photo via Shutterstock

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