RBC Maintains Buy Rating on MongoDB, Sets $320 Price Target

RBC Capital analyst Rishi Jaluria maintains a Buy rating on MongoDB with a $320 price target, citing potential for growth in the company's database offerings. The analyst consensus is a Strong Buy with an average price target of $273.10, a 24.93% upside from current levels. Corporate insider activity is negative, with an increase in insider selling over the past quarter.

A recent analysis of MongoDB (MDB) stock has revealed a mixed sentiment among financial analysts, with a range of ratings and price targets. While some analysts maintain a bullish outlook, others express caution. The latest data from 23 analysts shows a diverse range of opinions, with 8 bullish, 9 somewhat bullish, 6 indifferent, and 0 somewhat bearish or bearish ratings [1].

The 12-month price targets assessed by analysts feature an average of $268.3, a high estimate of $345.00, and a low estimate of $190.00. This upward trend is evident, with the current average reflecting a 0.64% increase from the previous average price target of $266.60 [1].

Key analysts' actions and ratings include:

- Howard Ma of Guggenheim maintained a Buy rating with a $260.00 price target [1].
- Keith Bachman of BMO Capital initiated coverage with an Outperform rating and a $280 price target [2].
- Rishi Jaluria of RBC Capital maintained a Buy rating with a $320 price target [1].

The consensus rating is a Moderate Buy, with an average price target of $273.10, a 24.93% upside from current levels [3]. However, corporate insider activity is negative, with an increase in insider selling over the past quarter [3].

MongoDB, founded in 2007, is a leading provider of document-oriented databases that accelerate development processes for new applications. The company's positive revenue trend, with a 21.85% growth rate as of 30 April, 2025, is a notable achievement [1]. However, challenges remain, including below-average net margins, ROE, and ROA, and a debt-to-equity ratio below industry norms [1].

Analysts' ratings provide valuable insights into MongoDB's market performance. As the company navigates competitive pressures from other database providers, investors should consider these evaluations alongside crucial financial indicators to make informed decisions.

References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/47123600/assessing-mongodb-insights-from-23-financial-analysts
[2] https://www.ainvest.com/news/guggenheim-reiterates-buy-rating-mongodb-260-price-target-2508/
[3] https://www.marketbeat.com/stocks/NASDAQ/MDB/forecast/