MongoDB Earnings Preview: Revenue Growth, Enterprise Customers, and More

MongoDB is set to announce Q2 earnings on Tuesday, with analysts expecting a 15.8% YoY revenue growth to $553.6 million and adjusted earnings of $0.66 per share. The company has beaten revenue estimates by 4.2% on average over the last two years and added 110 enterprise customers in the previous quarter, reaching a total of 2,506. MongoDB has underperformed in the last month, with a 10% decline, but has an average analyst price target of $272.21.