MongoDB price target raised to $312 from $271 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on MongoDB (MDB) to $312 from $271 and keeps an Overweight rating on the shares after results featured an Atlas re-acceleration, margin expansion, and uplift from vector search and AI capabilities. The firm cites a higher calendar year 2026 revenue estimate and a raised multiple, supported by accelerating revenue growth and a “position of strength in AI.”