Wall Street analysts expect MongoDB to report second-quarter revenue of approximately $735.11 million and non-GAAP EPS of $1.61, as the current stock price of $448.19 trades slightly above the average analyst price target of $445.00.
Investors are primarily focused on the growth trajectory of MongoDB Atlas, the company’s cloud-hosted database platform, which now accounts for roughly 75% of total revenue.
The stock has rallied over 30% in the past month following bullish commentary from firms like Mizuho and Citi, who highlighted stabilizing consumption trends and the rising role of Atlas in supporting generative AI and vector search workloads. Market participants will be looking for a guidance raise for the remainder of the fiscal year to justify the recent valuation expansion.