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MongoDB price target raised to $519 on strong sales and new AI features.

Analyst Insights
19 Aug 2026
Gordon Thompson
View Source
Bullish
pluang ai news

Citizens JMP Securities raised MongoDB's price target from $366 to $519, citing strong sales performance and new AI capabilities introduced by the company. MongoDB launched several AI-focused tools, including Automated Embeddings and the Atlas Managed MCP Server, enhancing its database platform for developers. Analysts expect continued revenue and earnings growth, with Q2 2026 forecasts showing a 24.1% revenue increase and 60% earnings growth. MongoDB's next earnings report is due September 1, 2026.

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