MongoDB: Reaccelerating Growth and Strengthening Fundamentals Position It as a Key Beneficiary of Enterprise AI

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 $475.00 price target.

Brian White has given his Buy rating due to a combination of factors that underscore MongoDB’s strengthening fundamentals and positioning for future growth. After a very challenging 2024, the company delivered a notable turnaround in 2025, expanding operating margins and reviving momentum in its Atlas business without yet benefiting meaningfully from AI-related workloads. Leadership changes, including a new CEO and CFO, have coincided with improved execution, and investors have rewarded this progress, with the stock emerging as a top performer in his coverage universe. In White’s view, MongoDB sits at the intersection of powerful secular trends across databases, cloud computing, and generative AI, even as the competitive and macroeconomic environment remains difficult.

At the product level, Atlas has exited a prolonged slump and is now showing sustained acceleration, with robust growth driven largely by core database use cases and strong demand from major U.S. customers and EMEA. White believes Atlas is well positioned to support emerging AI agents and high-growth AI-native businesses that require a scalable, modern data platform. While generative AI has not yet become a major revenue driver, MongoDB’s leadership in modern databases, the integration of embedding models via Voyage AI, and targeted initiatives such as its “reclaim the Bay” program to engage AI-native firms in the San Francisco area support his positive long-term outlook. He also points to architectural advantages of MongoDB’s JSON-based document model over traditional Postgres systems for AI workloads, reinforcing his conviction that the company can be a key beneficiary as enterprise AI applications move from experimentation to broader deployment.

In another report released on December 9, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $471.00 price target.