MongoDB, Inc. (NASDAQ:MDB) ranks among the best predictive analytics stocks to buy right now. Monness, Crespi, Hardt boosted its price target on MongoDB, Inc. (NASDAQ:MDB) to $360 from $295 on August 27, while keeping a Buy rating on the database software company’s shares. The firm cited MongoDB’s revised financial projection for FY2026 as the key driver for the higher valuation.
Pixabay/Public Domain
For the third quarter of fiscal year 2026, MongoDB, Inc. forecasts revenue within the $587-592 million range, which exceeds the analyst average of $582.6 million. The company also predicts an operating profit of $66-70 million and EPS within the $0.76-0.79 range for the quarter.
For the full fiscal year 2026, Monness Crespi Hardt improved its earnings per share forecast from $4.11 to $4.22 and increased its sales projection to $2.407 billion, indicating a 20% rise.
MongoDB, Inc. provides a comprehensive database platform with enterprise-grade solutions, cloud-based services, and a free version for developers. MongoDB’s document model supports complicated hierarchies and arrays, making it ideal for Big Data analytics.
READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.
This article is originally published at Insider Monkey.
