MongoDB, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Brian White from Monness maintained a Buy rating on the stock and has a $360.00 price target.
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Brian White has given his Buy rating due to a combination of factors that suggest MongoDB is well-positioned for future growth. MongoDB has demonstrated resilience by delivering strong results in the past two quarters of 2025 after a challenging 2024. The company is capitalizing on secular trends in the database market, cloud computing, and generative AI, despite facing a competitive landscape and a challenging macroeconomic environment.
MongoDB’s recent announcements at MongoDB.local NY, including the introduction of the AI-powered Application Modernization Platform (AMP) and enhancements to its database offerings, underscore its commitment to innovation. The company’s strategic focus on AI and the expansion of its product capabilities are expected to drive growth. Additionally, MongoDB’s long-term financial targets, which include significant revenue growth and improved operating margins, further support the positive outlook for the company’s stock.
According to TipRanks, White is a top 100 analyst with an average return of 17.9% and a 69.68% success rate. White covers the Technology sector, focusing on stocks such as MongoDB, Apple, and Salesforce.