NASDAQ:MDB - Mongodb Stock Price, Forecast & News

Mongodb trades on the NASDAQ under the ticker symbol "MDB."

Mongodb Inc (NASDAQ:MDB) posted its quarterly earnings data on Monday, December, 9th. The company reported ($0.26) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.58) by $0.32. The firm earned $109.40 million during the quarter, compared to analyst estimates of $97.47 million. Mongodb had a negative return on equity of 43.95% and a negative net margin of 36.58%. The business's quarterly revenue was up 52.4% on a year-over-year basis. During the same period last year, the company posted ($0.30) EPS. View Mongodb's Earnings History.

Mongodb is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Mongodb.

Mongodb issued an update on its FY20 earnings guidance on Monday, December, 9th. The company provided EPS guidance of ($1.04-1.02) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($1.07). The company issued revenue guidance of $407.2-409.2, compared to the consensus revenue estimate of $394.22 million.

15 analysts have issued 1 year target prices for Mongodb's shares. Their forecasts range from $78.00 to $195.00. On average, they expect Mongodb's stock price to reach $164.23 in the next year. This suggests a possible upside of 31.2% from the stock's current price. View Analyst Price Targets for Mongodb.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mongodb in the last year. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mongodb.

News articles about MDB stock have been trending neutral this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Mongodb earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Mongodb.

Some companies that are related to Mongodb include Square (SQ), Splunk (SPLK), ANSYS (ANSS), Veeva Systems (VEEV), Synopsys (SNPS), Cadence Design Systems (CDNS), Check Point Software Technologies (CHKP), Symantec (SYMC), NortonLifeLock (NLOK), Paycom Software (PAYC), SS&C Technologies (SSNC), Atlassian (TEAM), Tableau Software (DATA), Citrix Systems (CTXS) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mongodb investors own include Twilio (TWLO), NVIDIA (NVDA), Trade Desk (TTD), Okta (OKTA), Shopify (SHOP), Square (SQ), Paypal (PYPL), salesforce.com (CRM), Alibaba Group (BABA) and Netflix (NFLX).

(MDB) raised $152 million in an initial public offering on Thursday, October 19th 2017. The company issued 8,000,000 shares at $18.00-$20.00 per share. Morgan Stanley, Goldman Sachs, Barclays and Allen & Company acted as the underwriters for the IPO and Stifel and Canaccord Genuity JMP Securities were co-managers.

Mongodb's stock is owned by many different of institutional and retail investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (2.06%), First Trust Advisors LP (1.48%), State Street Corp (1.46%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Castleark Management LLC (0.24%) and SG Americas Securities LLC (0.22%). Company insiders that own Mongodb stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, John Dennis Mcmahon, Kevin P Ryan, Meagen Eisenberg, Michael Lawrence Gordon, Thomas Bull and Whale Rock Capital Management. View Institutional Ownership Trends for Mongodb.

MDB stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Morse Asset Management Inc, Strs Ohio, D L Carlson Investment Group Inc., Andra AP fonden, Virtu Financial LLC, Pembroke Management LTD and Essex Investment Management Co. LLC. Company insiders that have sold Mongodb company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, John Dennis Mcmahon, Kevin P Ryan, Meagen Eisenberg, Michael Lawrence Gordon and Thomas Bull. View Insider Buying and Selling for Mongodb.

MDB stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Castleark Management LLC, SG Americas Securities LLC, Eventide Asset Management LLC, First Trust Advisors LP, California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc. and California State Teachers Retirement System. View Insider Buying and Selling for Mongodb.

Shares of MDB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MDB stock can currently be purchased for approximately $125.18.

Mongodb has a market capitalization of $7.05 billion and generates $267.02 million in revenue each year. The company earns $-99,010,000.00 in net income (profit) each year or ($1.72) on an earnings per share basis. Mongodb employs 1,212 workers across the globe.View Additional Information About Mongodb.

The official website for Mongodb is http://www.mongodb.com/.

Mongodb's mailing address is 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019. The company can be reached via phone at 646-727-4092.