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Home.forex news reportMongoDB, Inc. (MDB) Seen as GenAI Database Leader Ahead of Earnings, RBC...

MongoDB, Inc. (MDB) Seen as GenAI Database Leader Ahead of Earnings, RBC Reiterates Outperform

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MongoDB, Inc. (NASDAQ:MDB) is one the Top 10 AI Stocks in Focus on Wall Street. On February 17, RBC Capital analyst Rishi Jaluria reiterated an Outperform rating on the stock with a $500.00 price target ahead of the company’s fourth-quarter fiscal 2026 earnings report. The firm views MongoDB as well-positioned for AI-driven application development.

Scheduled to report earnings on Monday, March 2nd, RBC Capital is of the view that MongoDB should be the database provider of choice for building GenAI and Agentic AI-based applications.

MDB F4Q26 Preview: Looking For Continued Atlas Acceleration/Signs of AI Tailwinds; In this note, we preview MongoDB ahead of F4Q26 earnings, which are slated for Monday, March 2nd with a call scheduled for 5PM EST.

MongoDB, Inc. (MDB) Seen as GenAI Database Leader Ahead of Earnings, RBC Reiterates Outperform
MongoDB, Inc. (MDB) Seen as GenAI Database Leader Ahead of Earnings, RBC Reiterates Outperform

The firm highlighted four key areas of investor focus; namely, continued traction with AI-native customers driving potential Atlas acceleration, commentary surrounding go-to-market changes under new CEO CJ Desai, when AI products may start incremental tailwind profit and loss statement through broader adoption of newer AI SKUs (considering AI isn’t yet contributing meaningfully), and initial fiscal 2027 guidance.

While shares have performed well on a T12M basis and feel less dislocated, we continue to view valuation as undemanding and continue to think shares represent an attractive buying opportunity.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.



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