MongoDB (MDB) Receives "Buy" Rating from Rosenblatt Rosenblatt Securities analyst Blair Abernethy has maintained a "Buy" rating for MongoDB (MDB) with a price target of $425, unchanged from previous recommendations. The analyst’s assessment follows a series of adjustments by other firms, reflecting evolving market sentiment toward the company’s stock. Historical analyst actions show a pattern of revised price targets while retaining positive outlooks. On February 26, 2026, BMO Capital’s Keith Bachman lowered his price target for MDB from $455 to $400 while keeping the "Outperform" rating. Similarly, DA Davidson’s Rudy Kessinger reduced his target from $465 to $385, and Citigroup’s Tyler Radke adjusted his estimate from $525 to $435. Oppenheimer’s Ittai Kidron also revised his target downward to $425, though he maintained an "Outperform" stance. Earlier in January, Needham’s Mike Cikos reiterated a "Buy" recommendation without changing the $500 price target. Analysts across 37 brokerage firms have provided one-year price targets, with an average estimate of $441.48 for MDB. This average suggests a potential increase of approximately 35% from the current share price of $328.47. The highest projected price is $550, while the lowest estimate stands at $250. The consensus recommendation from 42 firms currently ranks at 1.9 on a scale from 1 (Strong Buy) to 5 (Sell), indicating an "Outperform" rating. GuruFocus estimates further highlight MDB’s potential valuation. The platform projects a GF Value of $429.84 for the stock in one year, implying a 30.86% increase from its current price. GF Value is calculated using historical multiples, past growth metrics, and future business performance projections. This metric suggests the stock may be undervalued relative to its historical trading patterns.#rosenblatt_securities #blair_abernethy #mongodb #bmo_capital #keith_bachman
