Billionaire holdings in MongoDB decline by $2.23 billion
MongoDB, Inc. saw a decline in billionaire holdings from $4.23 billion in Q4 2025 to $1.99 billion in Q1 2026.
The decline comes despite Wall Street growing more bullish on the company.
Analysts have raised price targets, with BofA setting a target of $450 and Tigress Financial at $515, citing a compelling multi-year upside opportunity.
Scotiabank and Wedbush also raised their targets to $395 and $390, respectively, noting solid growth and a strong start to the year.