PREVIEW: MongoDB slips as investors await earnings

Shares of MongoDB MDB.O near flat ahead of qtrly results after the bell, with analysts expecting strong rev growth from the database software provider

MDB is expected to report qtrly rev up 22% to $667.1 mln and adj EPS of $1.45 vs $1.28 a yr ago, per LSEG

MDB's stock has dropped about 22% YTD, underperforming the Nasdaq's .IXIC 2% fall

The stock is down ~44% from its record high close in November 2021

Of 42 analysts covering the stock, 32 rate it "buy" or higher and 10 and rate it "hold", with a median PT of $450 vs current price of $328.70