What is MDB stock forecast?

MongoDB forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

MDB

MongoDB

NASDAQ: MDB · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE

$258.20

-2.34% today

Updated 2026-04-28

Market cap

$20.75B

P/E ratio

—

P/S ratio

8.42x

EPS (TTM)

$-0.88

Dividend yield

—

52W range

$169 – $445

Volume

2.0M

Market cap

$20.75B

P/E ratio

—

P/S ratio

8.42x

EPS (TTM)

$-0.88

Dividend yield

—

52W range

$169 – $445

Volume

2.0M

MongoDB (MDB) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$258.20

Consensus

$349.00

+35.17%

2030 Target

$688.53

+166.67%

DCF

—

Current price

$258.20

Analyst consensus

$349.00

+35.17%

2030 Target

$688.53

+166.67%

Intrinsic (DCF)

—

34 analysts:

16 Buy6 Hold0 Sell

Management guidance

MongoDB management provided FY2027 guidance of $2.86B-$2.90B revenue (midpoint $2.88B), representing 17-18% growth from FY2026's $2.46B. CEO CJ Desai has emphasized AI-driven demand and multi-cloud data platform adoption as key growth drivers, with focus on Atlas expansion and new AI capabilities. The company appointed new CRO Ryan Mac Ban in March 2026 to accelerate sales execution and customer acquisition in AI and cloud segments.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$1,122.04

$4.5B Rev × 20x P/S

Base case (2030)

$688.53

$4.5B Rev × 12x P/S

Bear case (2030)

$459.02

$4.5B Rev × 8x P/S

Financial forecast — research-backed

Metric	2024	2025	2026	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$1.7B	$2.0B	$2.5B	$2.9B	$3.4B	$4.0B	$4.5B
Revenue growth	—	19.2%	22.8%	17.1%	17.4%	16.9%	15.2%
EPS	$3.31	$3.32	$4.97	$5.69	$6.94	$8.50	$10.25
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$433.52	$510.02	$586.52	$688.53

Catalysts & risks

Growth catalysts

+ New CRO Ryan Mac Ban execution on sales efficiency and customer acquisition acceleration

+ AI vector search and embeddings adoption acceleration by customers

+ Multi-cloud and hybrid cloud adoption driving Atlas platform growth

+ Voyage AI acquisition integration and GenAI feature monetization

+ Operating margin expansion toward 20%+ as company reaches GAAP profitability at scale

Key risks

- Revenue growth deceleration from historical 30%+ CAGR to mid-teens guidance reflects market saturation concerns and competitive pressure from cloud vendors

- Leadership transition risks with new CRO and CFO changes could impact execution of go-to-market strategy

- Potential share dilution from $1.35B shelf registration for stock issuance

- High valuation multiples (P/S 8.32x, Forward P/E 36.73x) leave limited margin for guidance misses

- Competition from AWS, Azure, and Google Cloud native database solutions could pressure Atlas growth rates

Methodology

MongoDB's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 34 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.