Key Highlights:
- Analysts predict significant growth for MongoDB (MDB, Financial) in the upcoming Q1 earnings report.
- The average analyst 12-month price target suggests a notable upside from the current share price.
- GuruFocus values imply substantial potential gains, estimating MDB's fair value significantly higher than current levels.
Upcoming Earnings Snapshot
MongoDB (MDB) is poised to release its Q1 earnings results on June 4th, following market closure. Expectations from analysts are set high, with a projected 29.4% increase in EPS to $0.66 and a 17.1% growth in revenue to $527.48 million. This financial growth trend follows MongoDB's streak of outperforming market estimates over the last two years.
Wall Street's Outlook on MongoDB
Wall Street remains optimistic about MongoDB's future, as evidenced by the average target price of $263.67 from 34 analysts, showcasing a potential upside of 36.09% compared to the current trading price of $193.75. The high estimate reaches $520.00, and the low estimate stands at $160.00. For more comprehensive estimates, visit the MongoDB Inc (MDB, Financial) Forecast page.
The consensus from 37 brokerage firms further underscores confidence in MongoDB, with an average recommendation of 2.0, indicating an "Outperform" status. This rating aligns with a scale where 1 represents a Strong Buy and 5 signifies a Sell.
Valuation Insights from GuruFocus
According to GuruFocus' valuation metrics, the estimated GF Value for MongoDB is $444.25, suggesting an impressive upside of 129.29% from its current price of $193.75. The GF Value represents GuruFocus' assessment of the fair market value of the stock, determined by analyzing historical trading multiples, business growth benchmarks, and projected business performance. For more in-depth analysis, please refer to the MongoDB Inc (MDB, Financial) Summary page.
