12 Best Big Tech Stocks to Buy According to Wall Street Analysts 

10. MongoDB, Inc. (NASDAQ:MDB)

Analyst Upside: 23.21%

MongoDB, Inc. (NASDAQ:MDB)  is one of the best big tech stocks to buy according to Wall Street analysts. BofA lifted the price target on MongoDB, Inc. (NASDAQ:MDB) to $450 from $390 on June 8 and reaffirmed a Buy rating on the shares. The firm cited increased confidence in the demand environment and the infrastructure software peer group multiple expansion.

The rating update came after MongoDB, Inc. (NASDAQ:MDB) reported its financial results for fiscal Q1 2027, with total revenue for the quarter coming up to $687.6 million, up 25% year-over-year. Subscription revenue reached $666.1 million, reflecting an increase of 25% year-over-year, while services revenue was $21.5 million, an increase of 22% year-over-year.

The company further reported that gross profit for fiscal Q1 2027 was $496.2 million, representing a 72% gross margin compared to 71% in the year-ago period, while non-GAAP gross profit was $512.2 million, representing a 74% non-GAAP gross margin and consistent with the year-ago period. MongoDB, Inc. (NASDAQ:MDB) reported $24.8 million in loss from operations in the quarter, compared to a loss from operations of $53.6 million in the year-ago period.

MongoDB, Inc. (NASDAQ:MDB) is involved in the development and provision of a general-purpose database platform, with its products including MongoDB Enterprise Advanced, MongoDB Atlas, and Community Server. The company also offers professional services, including consulting and training.