Miteri Development Bank Limited
MDB
$368.74
-4.09%
MongoDB, Inc. is a technology company that provides a modern, general-purpose database platform, offering both fully managed cloud services (Atlas) and self-managed enterprise software, catering to developers and enterprises across various industries. As a pioneer and leader in the document-oriented NoSQL database market, MongoDB has established a strong brand among developers, with its free Community Server amassing over 500 million downloads since 2009, positioning it as a disruptive force against traditional relational database incumbents. The current investor narrative centers on MongoDB's ability to sustain growth amid a challenging macroeconomic environment, with recent earnings showing a return to profitability and strong Atlas adoption, while debates continue over the durability of its growth rates and the impact of AI-driven competition on its long-term market opportunity.…
MDB
Miteri Development Bank Limited
$368.74
Related headlines
Investment Opinion: Should I buy MDB Today?
Based on the analysis, MongoDB is rated a Buy. The company has demonstrated strong revenue growth of 25.3% YoY, a return to profitability with net income of $4.4M, and a robust balance sheet with minimal debt. The analyst consensus is a Buy with an average price target of $454.72, implying a 23.3% upside from the current price of $368.74. These factors support a positive outlook for the stock.
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MDB 12-Month Price Forecast
The AI assessment is bullish on MongoDB, given its strong growth, improving profitability, and positive analyst sentiment. The company is well-positioned to benefit from AI-driven data management needs, but the high valuation and competitive risks warrant caution. If MongoDB can sustain growth above 20% and achieve operating profitability, the stock is likely to appreciate. However, any signs of deceleration or margin pressure could lead to a downgrade in stance.
Wall Street consensus
Most Wall Street analysts maintain a constructive view on Miteri Development Bank Limited's 12-month outlook, with a consensus price target around $454.72 and implied upside of +23.3% versus the current price.
Average Target
$454.72
0 analysts
Implied Upside
+23.3%
vs. current price
Analyst Count
—
covering this stock
Price Range
$273 - $565
Analyst target range
The analyst price targets range from a low of $272.64 to a high of $565.00, representing a wide spread of 107% between the low and high, indicating significant uncertainty about MongoDB's future performance. The high target of $565.00 suggests expectations of continued strong growth and margin expansion, potentially driven by AI-related demand for data infrastructure, while the low target of $272.64 implies concerns about growth deceleration or competitive pressures. Recent ratings actions have been predominantly reaffirmations of Buy or Outperform ratings, with no downgrades in the past three months, suggesting that analysts remain confident in MongoDB's trajectory despite the recent stock price volatility.
Bulls vs Bears: MDB Investment Factors
MongoDB presents a compelling growth story with strong revenue growth, a return to profitability, and a robust balance sheet. However, the stock trades at a premium valuation (forward PE of 47.5) and faces decelerating growth and high market sensitivity. The bull case is supported by analyst confidence and a 23% upside to the average target, while the bear case hinges on valuation risk and competitive pressures. Currently, the evidence slightly favors the bulls given the strong fundamentals and positive analyst sentiment, but the key tension is whether MongoDB can sustain its growth rate above 20% to justify its premium multiple. If growth decelerates further or profitability stalls, the stock could face significant downside.
Bullish
- Strong Revenue Growth with Atlas Leading: Q1 FY2027 revenue grew 25.3% YoY to $687.6M, with Atlas revenue up 28% to $512.5M, representing 74.5% of total. This demonstrates continued strong demand for MongoDB's cloud database platform.
- Return to Profitability: The company achieved net income of $4.4M in Q1 FY2027, a significant turnaround from a net loss of $37.6M in the same quarter last year. This marks the second consecutive profitable quarter, indicating improving operating leverage.
- High Gross Margin: Gross margin expanded to 72.2% in Q1 FY2027, up from 71.2% in Q1 FY2026. This high margin provides a strong foundation for future profitability as the company scales.
- Analyst Confidence and Buy Ratings: With 37 analysts covering, the consensus is a Buy (mean rating 1.63). The average price target of $454.72 implies a 23.3% upside from the current price of $368.74, and no downgrades have occurred in the past three months.
Bearish
- High Valuation with Negative Trailing PE: The trailing PE is -421.97 due to historical losses, while the forward PE stands at 47.48. This premium valuation leaves little room for error; any growth disappointment could trigger a sharp de-rating.
- Decelerating Revenue Growth: Revenue growth slowed to 25.3% YoY in Q1 FY2027 from 26.5% in Q4 FY2026. The deceleration, though modest, raises concerns about the sustainability of high growth in a maturing market.
- High Beta and Market Sensitivity: With a beta of 1.585, MongoDB is significantly more volatile than the market. In a risk-off environment, such as the recent Middle East tensions, the stock tends to underperform, as seen in its -15.71% price change over the past month.
- Negative Operating Margin: Despite recent profitability, the operating margin was -3.6% in Q1 FY2027, indicating that core operations are not yet profitable. The company relies on interest income to achieve net profitability, which may not be sustainable long-term.
MDB Technical Analysis
MongoDB's stock has exhibited a robust recovery over the past year, with a 1-year price change of +14.5%, though it remains below its 52-week high. As of September 4, 2026, the stock closed at $368.74, which is 78% of its 52-week range (low of $215.68, high of $473.10), indicating it is trading in the upper-middle portion of its yearly band. This positioning suggests a market that has regained confidence after a significant drawdown, but still faces overhead resistance from prior highs, reflecting a balance between bullish momentum and lingering caution.
Beta
1.58
1.58x market volatility
Max Drawdown
-48.7%
Largest decline past year
52-Week Range
$216-$473
Price range past year
Annual Return
+14.5%
Cumulative gain past year
| Period | MDB Return | S&P 500 |
|---|---|---|
| 1m | -2.0% | -0.4% |
| 3m | +5.1% | +4.2% |
| 6m | +36.3% | +13.7% |
| 1y | +14.5% | +19.0% |
| ytd | -7.7% | +12.9% |
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MDB Fundamental Analysis
MongoDB's revenue trajectory has been robust, with the most recent quarter (Q1 FY2027, ending April 30, 2026) reporting revenue of $687.6 million, a 25.3% year-over-year increase. This growth rate is a slight deceleration from the 26.5% YoY growth seen in Q4 FY2026 (revenue of $695.1 million), but it remains strong, driven primarily by Atlas-related revenue of $512.5 million, which grew 28% YoY and now represents 74.5% of total revenue. The multi-quarter trend shows consistent expansion from $549.0 million in Q1 FY2026 to $687.6 million in Q1 FY2027, indicating a healthy growth trajectory, albeit with a modest slowdown in the most recent quarter.
Quarterly Revenue
$687616000.0B
2026-04
Revenue YoY Growth
+25.3%
YoY Comparison
Gross Margin
72.2%
Latest Quarter
Free Cash Flow
$599503000.0B
Last 12 Months
Revenue & Net Income Trends (2 Years)
Revenue Breakdown
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Valuation Analysis: Is MDB Overvalued?
Given MongoDB's recent profitability, the PE ratio is the most appropriate valuation metric, with a trailing PE of -421.97 (due to negative earnings over the last twelve months) and a forward PE of 47.48. The negative trailing PE is a result of prior losses, but the forward PE indicates the market expects significant earnings growth, with analysts projecting EPS of $12.69 for the next fiscal year. This wide gap between trailing and forward earnings underscores the market's optimism about MongoDB's ability to scale profitability, but it also implies a high bar for execution.
PE
-422.0x
Latest Quarter
vs. Historical
N/A
5-Year PE Range 17x~59x
vs. Industry Avg
N/A
Industry PE ~N/A*
EV/EBITDA
-993.0x
Enterprise Value Multiple
Investment Risk Disclosure
Financial and operational risks include MongoDB's reliance on continued high growth to justify its valuation. The company's operating margin was -3.6% in Q1 FY2027, indicating that core operations are not yet profitable, and net income was only $4.4M, heavily dependent on interest income. With a forward PE of 47.5, any miss on growth or profitability expectations could lead to a sharp de-rating. The company's high current ratio of 4.65 and low debt-to-equity of 0.011 provide a cushion, but the negative trailing PE highlights historical losses that may concern risk-averse investors.

