NASDAQ:MDB - Mongodb Stock Price, Forecast & News

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

Mongodb Inc (NASDAQ:MDB) announced its earnings results on Monday, December, 9th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.58) by $0.32. The company had revenue of $109.40 million for the quarter, compared to analysts' expectations of $97.47 million. Mongodb had a negative return on equity of 46.17% and a negative net margin of 35.22%. Mongodb's quarterly revenue was up 52.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.30) earnings per share. 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 earnings per share guidance of ($1.04-1.02) for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued twelve-month price targets for Mongodb's shares. Their forecasts range from $78.00 to $195.00. On average, they expect Mongodb's share price to reach $164.23 in the next twelve months. This suggests a possible upside of 27.9% 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 coverage about MDB stock has been trending somewhat positive on Saturday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mongodb earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. 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), NortonLifeLock (NLOK), Symantec (SYMC), Paycom Software (PAYC), SS&C Technologies (SSNC), Tableau Software (DATA), Atlassian (TEAM), 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), Okta (OKTA), Trade Desk (TTD), Shopify (SHOP), Square (SQ), Paypal (PYPL), salesforce.com (CRM), Netflix (NFLX) and Alibaba Group (BABA).

(MDB) raised $152 million in an IPO 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 served 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 shareholders 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 $128.41.

Mongodb has a market capitalization of $7.23 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.