MongoDB (NASDAQ:MDB) Shares Down 10.9% - Time to Sell?

Key Points

• Shares plunged 10.9% on Thursday to about $366 (from $411.04), with ~1.14M shares traded—roughly 19% below average volume.
• Despite the drop, analysts remain broadly positive: the consensus rating is "Moderate Buy" with a $422.29 average price target and multiple firms recently raising targets (e.g., RBC $500, Argus $488).
• MongoDB recently beat Q results (EPS $1.32 vs. $0.79 est.; revenue $628.3M, +18.7% YoY) and gave FY‑2026 EPS guidance of 4.76–4.80, while insiders have sold about 78,162 shares (~$31M) in the past 90 days.

MongoDB, Inc. (NASDAQ:MDB - Get Free Report)'s stock price traded down 10.9% on Thursday . The stock traded as low as $364.20 and last traded at $366.0780. Approximately 1,138,530 shares changed hands during trading, a decline of 19% from the average daily volume of 1,413,358 shares. The stock had previously closed at $411.04.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Royal Bank Of Canada set a $500.00 price target on MongoDB in a research note on Thursday, January 15th. Argus upped their target price on shares of MongoDB from $340.00 to $488.00 and gave the stock a "buy" rating in a research note on Thursday, December 4th. DA Davidson increased their price objective on shares of MongoDB from $415.00 to $465.00 and gave the company a "buy" rating in a research report on Tuesday, December 2nd. Stifel Nicolaus boosted their price target on shares of MongoDB from $375.00 to $450.00 and gave the company a "buy" rating in a research report on Tuesday, December 2nd. Finally, Mizuho increased their target price on shares of MongoDB from $250.00 to $310.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $422.29.

MongoDB Stock Down 9.7%

The company has a market capitalization of $30.22 billion, a PE ratio of -426.04 and a beta of 1.38. The firm's 50 day simple moving average is $400.80 and its 200-day simple moving average is $330.71.

MongoDB (NASDAQ:MDB - Get Free Report) last released its quarterly earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.53. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The firm had revenue of $628.31 million for the quarter, compared to the consensus estimate of $592.98 million. During the same quarter in the previous year, the firm posted $1.16 EPS. The firm's quarterly revenue was up 18.7% on a year-over-year basis. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. As a group, sell-side analysts anticipate that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Roelof Botha sold 24,850 shares of the business's stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the completion of the transaction, the director owned 194,600 shares of the company's stock, valued at approximately $78,978,410. The trade was a 11.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Hope F. Cochran sold 1,566 shares of the business's stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total value of $660,617.10. Following the sale, the director owned 25,659 shares in the company, valued at approximately $10,824,249.15. This represents a 5.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 78,162 shares of company stock valued at $31,004,092. Company insiders own 3.10% of the company's stock.

Institutional Investors Weigh In On MongoDB

Several hedge funds and other institutional investors have recently made changes to their positions in MDB. ValueAct Holdings L.P. increased its position in shares of MongoDB by 206.8% in the 3rd quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company's stock valued at $657,447,000 after buying an additional 1,427,700 shares in the last quarter. AQR Capital Management LLC increased its stake in MongoDB by 2,567.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company's stock worth $233,435,000 after acquiring an additional 1,069,969 shares during the period. Jericho Capital Asset Management L.P. boosted its stake in MongoDB by 162.1% in the third quarter. Jericho Capital Asset Management L.P. now owns 1,378,540 shares of the company's stock valued at $427,871,000 after buying an additional 852,540 shares in the last quarter. Norges Bank acquired a new position in MongoDB in the 2nd quarter worth about $164,338,000. Finally, Vanguard Group Inc. increased its position in shares of MongoDB by 9.5% during the second quarter. Vanguard Group Inc. now owns 8,554,315 shares of the company's stock worth $1,796,321,000 after buying an additional 744,547 shares during the period. 89.29% of the stock is owned by institutional investors and hedge funds.

About MongoDB

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company's platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.

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