MongoDB (MDB) Shares "Well-Balanced Mid-Term Guidance," Analyst Says

MongoDB, Inc. (NASDAQ:MDB) is one of the AI Stocks in Focus on Wall Street. On September 18, Bernstein SocGen Group analyst Firoz Valliji reiterated an Outperform rating on the stock with a $338.00 price target.

The reiteration follows MongoDB’s analyst day held in New York City where the company presented to investors and analysts.

According to the firm, MongoDB took the opportunity to share a “well-balanced mid-term guidance” which provides a “floor for investor expectations.”

“MongoDB hosted their analyst day yesterday in NYC… Overall, we think MongoDB shared a well-balanced mid-term guidance, that provides a floor for investor expectations, with substantial upside potential.”

MongoDB, Inc. (NASDAQ:MDB) provides a general-purpose database platform worldwide that integrates operational, unstructured, and AI-related data to streamline building applications.

While we acknowledge the potential of MDB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.