Morgan Stanley sees 'smaller beat' for MongoDB (MDB) but remains bullish

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Go back to Morgan Stanley sees 'smaller beat' for MongoDB (MDB) but remains bullish

MongoDB’s Q2 earnings preview, Stifel expects Atlas acceleration in the near term

August 28, 2023 5:14 PM EDT

Stifel released a preview of MongoDB's (NASDAQ: MDB) upcoming Q2/24 earnings report, scheduled for Thursday, after the market close.

Following a strong performance in Q1, where Atlas consumption saw a sequential rebound due to robust growth in app usage, Stifel believes that Snowflake's solid... More

MongoDB (MDB) PT Raised to $220 at Guggenheim; Sees Revenue Beat

August 28, 2023 5:04 AM EDT

Guggenheim analyst Howard Ma raised the price target on MongoDB (NASDAQ: MDB) to $220.00 (from $210.00) while maintaining a Sell rating.

"Based on the model setup, we believe MongoDB could easily exceed F2Q consensus revenue, though by less than the... More