Top Wall Street analysts pick these 3 stocks for their growth potential
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TipRanks' analyst ranking service discusses three stocks, including MongoDB and ServiceNow, favored by Wall Street.
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August 3, 2025
12:53 PM
CNBC
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In this articleVRNSNOWMDB your favorite stocksCREATE FREE ACCOUNTJaque Silva | Nurphoto | Getty ImagesThis earnings season, a number of companies are demonstrating their resilience by dering solid performance despite macro challenges and tariff uncertainties.With their in-depth analysis, top Wall Street analysts can help investors pick stocks that can navigate short-term pressures with solid execution and focus on dering attractive returns
Here are three stocks favored by the Street's top s, according to TipRanks, a platform that ranks analysts based on their past performance.MongoDBDatabase management software company MongoDB (MDB) is this week's first pick
In June, the company dered solid results for the first quarter of fiscal 2026.Recently, BMO Capital analyst Keith Bachman initiated coverage of MongoDB stock with a buy rating and a price target of $280
Meanwhile, TipRanks' AI analyst has an "outperform" rating on MDB stock with a price forecast of $263.Bachman said that, according to Gartner, the database market is among the largest software at over $100 billion in annual spend, and MongoDB is a leader in the non-relational database segment
Notably, this segment accounts for 25% of the overall market and is growing by 20% year over year.The 5-star analyst noted that back from Value Added Resellers (VARs) and users indicates that developers have a very positive view of MongoDB, a platform that is well-suited for customers with multi-cloud deployments
Bachman believes that MongoDB can be one of the generative artificial intelligence (AI) database winners."We think MDB is currently focused on imving its vector capabilities to help win new workloads, including through M&A," noted the analyst
Also, Bachman expects MongoDB's cloud-based database offering, Atlas, to sustain low- to mid-20% growth through fiscal 2027
He expects MongoDB to der mid- to high-teens growth in fiscal 2027, while gradually enhancing fitability.Bachman ranks No. 531 among more than 9,900 analysts tracked by TipRanks
His ratings have been fitable 58% of the time, dering an average return of 10.3%
See MongoDB Insider Trading Activity on TipRanks.ServiceNowWe move to ServiceNow (NOW), an AI-powered platform for transformation
The company posted better-than-anticipated second-quarter results and lifted its full-year outlook, backed by increasing AI adoption.Reacting to the Q2 , TD Cowen analyst Derrick Wood reaffirmed a buy rating on ServiceNow stock and raised the price forecast to $1,200 from $1,150
Meanwhile, TipRanks' AI analyst has an "outperform" rating on NOW stock with a price target of $1,129.Wood noted the impressive 21.5% growth (at constant currency) in ServiceNow's current remaining performing obligations, dering a 200 basis-point beat
The top-rated analyst explained that this strong growth was driven by early renewals and AI strength in the enterprise , which offset tougher federal spending conditions.The analyst also highlighted that the company's generative AI suite, NOW Assist, dered better-than-expected net new annual contract value, driven by higher deal volumes and increased deal sizes."We continue to view NOW as the best positioned SaaS [software as a service] vendor to monetize GenAI, and we expect momentum to keep building in 2H," said Wood
Overall, the analyst is very encouraged by the robust key performance indicators, with ServiceNow's new AI and data ducts and strength in the enterprise offsetting headwinds resulting from tightening federal spending.Wood ranks No. 352 among more than 9,900 analysts tracked by TipRanks
His ratings have been successful 59% of the time, dering an average return of 13.3%
See ServiceNow Ownership Structure on TipRanks.Varonis SystemsFinally, let's look at cloud-native and AI-powered data security company Varonis Systems (VRNS)
On July 29, the company reported solid results for the second quarter of 2025, driven by continued momentum in its .Impressed by the performance, Baird analyst Shrenik Kothari raised his price target for VRNS stock to $63 from $58 and reaffirmed a buy rating
In comparison, TipRanks' AI analyst has a "neutral" rating on VRNS stock with a price target of $54.Kothari highlighted that Varonis dered a "clean beat/raise" across key metrics annual recurring revenue (ARR), subscription revenue and free cash flow
The 5-star analyst added that Q2 conversion ARR was better-than-expected and aligned with strong checks and his preview.Additionally, the analyst noted that the company again raised its full-year ARR guidance, which reflects imving upsell and net-new opportunities. "GenAI, Copilot integrations, and MDDR [Managed Data Detection and Response] tailwinds are driving growing customer appetite for the full platform," said Kothari.The analyst pointed out that SaaS ARR represented 69% of overall Q2 ARR, up from 61% in the first quarter, with the company on track to complete its SaaS transition by the end of 2025
He added that Varonis now expects to exit 2025 with an 82% SaaS ARR mix compared to its previous estimate of 80%, backed by solid, broad-based demand from both new and existing customers.Kothari ranks No. 85 among more than 9,900 analysts tracked by TipRanks
His ratings have been successful 73% of the time, dering an average return of 26.7%
See Varonis Systems Statistics on TipRanks.
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