🟢 MDB is trading 2.9% up today after Q1 earnings beat and raised guidance

MDB is trading at $335.00 (+2.9%) in pre-market trading after reporting first-quarter fiscal 2027 results that exceeded expectations and raising its full-year outlook.

• Revenue grew 25% year-over-year to $687.6 million with non-GAAP EPS of $1.32, both topping analyst estimates.
• MongoDB Atlas revenue increased over 29% year-over-year, leading Macquarie to raise its price target to $315 on strong usage momentum.