Raymond James has initiated coverage on MongoDB Inc (MDB) with a Market Perform rating as of December 15, 2025. This marks the firm's first assessment of the company, reflecting its analysis of MongoDB's business dynamics and growth potential within the technology sector.
Headquartered in New York City, MongoDB, Inc. specializes in developing a general-purpose database platform. The company, which employs 5,558 full-time staff, went public on October 19, 2017. Its flagship product, MongoDB Atlas, is a managed multi-cloud database-as-a-service (DBaaS) that integrates various data services for developers. The company also offers MongoDB Enterprise Advanced, a self-managed commercial solution for enterprise clients.
As of December 16, 2025, MongoDB's market capitalization stands at $34.3 billion, with a trailing twelve-month earnings per share (EPS) of -0.87. Upcoming earnings reports are anticipated on March 3, 2026, and June 2, 2026, with estimated EPS of $1.44 and $1.21, respectively.
Analyst ratings, including this new designation from Raymond James, provide insights based on extensive research and financial modeling. While these evaluations can inform investors, they are based on assumptions that may not always hold true. Investors are advised to consider a range of factors, including company fundamentals and industry trends, when making decisions. Analyst opinions can evolve over time as new data emerges, leading to differing viewpoints across the market.
This update provides insight into MongoDB’s current standing in the investment landscape, particularly as it navigates a competitive technology sector.