MDB is trading at +3.45% now at $413.42 as fresh analyst actions, including RBC raising its price target to $500, drive the significant early session gain.

  • RBC raised its price target to $500 (from $450) while maintaining an Outperform rating.
  • Goldman Sachs reiterated a Buy rating with a $475 price target.
  • The positive sentiment is fueled by expectations of accelerating Atlas growth (30% YoY) and improved profitability amid strong AI database demand.