02:51 PM EDT, 08/11/2025 (MT Newswires) -- MongoDB ( MDB ) is poised to report an all-round solid Q2 results, driven by 27% Atlas subscription growth, RBC said in a Sunday note. Its Q2 results are due on Aug. 26.

RBC said intra-quarter checks pointed to increasing adoption of MongoDB ( MDB ), backing its view that MongoDB ( MDB ) can and should be the database vendor of choice for net new GenAI applications.

"Following strong Q1 results...we think the company likely needs to deliver two more consecutive quarters of solid results to regain investor confidence," the report said.

"Given solid Q1 results and an un-demanding valuation, we think this could be a compelling buying opportunity, and we continue to expect FY26 growth to show acceleration YoY," it added.

RBC kept its outperform rating and $320 price target.

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