--- title: "Why Citi Picks PLTR, MDB, and SNOW as Its Top Three Software Stocks for 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/292322687.md" description: "Citi selected Palantir, MongoDB, and Snowflake as top software stocks for 2026, driven by increased enterprise spending on AI infrastructure. Citi highlighted MongoDB's cloud expansion and strong Q1 Fiscal 2027 results, including raised earnings and revenue guidance. Consequently, Stifel and BofA upgraded their price targets, with Wall Street maintaining a Strong Buy consensus and an average target of $411.58." datetime: "2026-07-10T12:22:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292322687.md) - [en](https://longbridge.com/en/news/292322687.md) - [zh-HK](https://longbridge.com/zh-HK/news/292322687.md) --- # Why Citi Picks PLTR, MDB, and SNOW as Its Top Three Software Stocks for 2026 Citi has named MongoDB (MDB), Snowflake (SNOW), and Palantir (PLTR) as its top three software stock picks for 2026. The bank said companies are spending more on software that helps build and run AI systems. That includes cloud platforms and data tools that store, manage, and process AI data. The bank believes MongoDB, Snowflake, and Palantir are among the biggest winners from this trend. ### TipRanks Welcomes a New ETF – NYSE:RANK - TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. - RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies. ## **MongoDB Expands Its Cloud Lead** Citi said MongoDB, a NoSQL database company, is benefiting as more companies move their data to the cloud. The bank expects Atlas, MongoDB's fully managed cloud platform, to keep gaining customers as businesses move away from older database systems. Citi also expects growing demand for AI apps and vector search tools to support the company's growth. MongoDB recently reported stronger-than-expected first-quarter Fiscal 2027 results. Atlas revenue grew 29% from a year ago. The company also raised its full-year outlook. It now expects adjusted earnings per share of $5.95 to $6.14, up from its earlier forecast of $5.75 to $5.93. It also raised its revenue outlook to $2.92 billion-$2.96 billion. Following the results, Stifel and BofA Securities raised their price targets on the stock. Turning to Wall Street, analysts have a Strong Buy consensus rating on MDB stock based on 24 Buys and three Holds assigned in the past three months. Further, the average MongoDB price target of $411.58 per share implies 13.42% upside potential. ### Related Stocks - [MDB.US](https://longbridge.com/en/quote/MDB.US.md) - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [SNOW.US](https://longbridge.com/en/quote/SNOW.US.md) - [SNOU.US](https://longbridge.com/en/quote/SNOU.US.md) - [PLTG.US](https://longbridge.com/en/quote/PLTG.US.md) - [SNOY.US](https://longbridge.com/en/quote/SNOY.US.md) - [PLT.US](https://longbridge.com/en/quote/PLT.US.md) - [MDBX.US](https://longbridge.com/en/quote/MDBX.US.md) - [PLTU.US](https://longbridge.com/en/quote/PLTU.US.md) - [PLOO.US](https://longbridge.com/en/quote/PLOO.US.md) - [PLTZ.US](https://longbridge.com/en/quote/PLTZ.US.md) - [PLTW.US](https://longbridge.com/en/quote/PLTW.US.md) - [PLTD.US](https://longbridge.com/en/quote/PLTD.US.md) - [PTIR.US](https://longbridge.com/en/quote/PTIR.US.md) - [PLTA.US](https://longbridge.com/en/quote/PLTA.US.md) - [PLTY.US](https://longbridge.com/en/quote/PLTY.US.md) - [PLYY.US](https://longbridge.com/en/quote/PLYY.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [RANK.US](https://longbridge.com/en/quote/RANK.US.md) - [SF.US](https://longbridge.com/en/quote/SF.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) - [SF-C.US](https://longbridge.com/en/quote/SF-C.US.md) - [SFB.US](https://longbridge.com/en/quote/SFB.US.md) - [SF-B.US](https://longbridge.com/en/quote/SF-B.US.md) - [SF-D.US](https://longbridge.com/en/quote/SF-D.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [Private Advisor Group LLC Sells 7,118 Shares of MongoDB, Inc. $MDB](https://longbridge.com/en/news/292734796.md) - [WJ Financial Advisors LLC Boosts Stock Holdings in MongoDB, Inc. $MDB](https://longbridge.com/en/news/292602987.md) - [Is MongoDB’s (MDB) AI Search Push and Governance Shift Reframing Its Competitive Moat?](https://longbridge.com/en/news/292659253.md) - [SNOW Stock: Databricks' $188B Valuation Just Made Snowflake Look Undervalued](https://longbridge.com/en/news/293377192.md) - [Palantir director Alexander D. 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