Wells Fargo cuts MongoDB to Equal Weight amid growth deceleration

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William Blair Reiterates Outperform Rating on MongoDB (MDB)

March 6, 2025 7:41 AM EST

William Blair analyst Jason Ader reiterated an Outperform rating on MongoDB (NASDAQ: MDB).

The analyst comments "Strong Fourth Quarter. MongoDB beat revenue consensus by $27.8 million (20% year-over-year growth, 5.3% above consensus versus the trailing-four-quarter average of 4.1%), driven by strong new workload acquisition (particularly within existing Atlas customers),... More