MongoDB sustains 25% revenue growth and generates a 20% free-cash-flow margin despite reporting GAAP losses — a combination that clears the rule-of-40 benchmark at 45 with four consecutive earnings beats — but a forward multiple of 48.3x and only 2.5% upside to the analyst price target leave no margin for error at current prices.
Thesis pillars
- Durable Double Digit Revenue Growth→Stable
- Fcf Profitability Despite Gaap Losses→Stable
- Single Product Cloud Concentration↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
MongoDB, Inc. (MDB) Stock Analysis
Catalyst-Driven edge
Technology · Software - Infrastructure
Hold if already holding. Not a fresh buy at $460.00, but acceptable to hold if already in. Reasons: Concentration risk — Product: Atlas (cloud DBaaS) (73.0%); Analyst target reached - limited upside remaining.
MongoDB provides a developer data platform built around its document-based NoSQL database, offering Atlas (managed multi-cloud DBaaS) and MongoDB Enterprise Advanced (self-managed) to enterprise customers globally. Atlas represented 73% of total revenue for the fiscal year ended... Read more
Hold if already holding. Not a fresh buy at $460.00, but acceptable to hold if already in. Reasons: Concentration risk — Product: Atlas (cloud DBaaS) (73.0%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. Score 5.8/10, moderate confidence.
Passes 6/8 gates (positive momentum, no SEC red flags, news events none recent, earnings proximity 16d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-08-16Recent Developments — MongoDB, Inc.
Latest news
- NEWS MongoDB Stock Darts Higher After The Bell: Here's Why - Benzinga — Benzinga positive
- NEWS What Triggered MongoDB's Sharp Sell-Off and Baird's Downgrade - Kavout — Kavout negative
- NEWS MongoDB Earnings: What To Look For From MDB - Yahoo Finance — Yahoo Finance neutral
- NEWS MongoDB Earnings: What To Look For From MDB - StockStory — StockStory neutral
- NEWS MongoDB Earnings: What To Look For From MDB - TradingView — TradingView neutral
Generated 2026-08-16T13:27:09Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductAtlas (cloud DBaaS)73%10-K Item 1: 'Atlas represented 73%, 70% and 66% of our total revenue for the fiscal years ended January 31, 2026, 2025 and 2024, respectively'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $460.00, but acceptable to hold if already in. Reasons: Concentration risk — Product: Atlas (cloud DBaaS) (73.0%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. Target $529.38 (+15.1%), stop $428.11 (−7.4%), A.R:R -1.3:1. Score 5.8/10, moderate confidence.
Take-profit target: $529.38 (-18.8% upside). Target $529.38 (+15.1%), stop $428.11 (−7.4%), A.R:R -1.3:1. Stop-loss: $428.11.
Concentration risk — Product: Atlas (cloud DBaaS) (73.0%); Analyst target reached - limited upside remaining; Near 52-week high (2.7% away).
MongoDB, Inc. trades at a P/E of N/A (forward 62.8). TrendMatrix value score: 3.1/10. Verdict: Hold.
47 analysts cover MDB with a consensus score of 4.1/5. Average price target: $406.
What does MongoDB, Inc. do?MongoDB provides a developer data platform built around its document-based NoSQL database, offering Atlas (managed...
MongoDB provides a developer data platform built around its document-based NoSQL database, offering Atlas (managed multi-cloud DBaaS) and MongoDB Enterprise Advanced (self-managed) to enterprise customers globally. Atlas represented 73% of total revenue for the fiscal year ended January 31, 2026, up from 70% in FY2025; international revenue was 46% of total revenue each of the past three fiscal years.