NASDAQ:MDBMongodb Stock Price, Forecast & News

Mongodb's stock was trading at $123.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MDB stock has increased by 54.8% and is now trading at $191.68.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mongodb in the last year. There are currently 1 sell rating, 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Mongodb is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020.
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Mongodb Inc (NASDAQ:MDB) posted its quarterly earnings results on Thursday, June, 4th. The company reported ($0.13) EPS for the quarter, topping analysts' consensus estimates of ($0.25) by $0.12. The firm had revenue of $130.33 million for the quarter, compared to analysts' expectations of $119.72 million. Mongodb had a negative return on equity of 94.98% and a negative net margin of 42.42%. The business's revenue for the quarter was up 45.8% compared to the same quarter last year. During the same period last year, the company earned ($0.22) earnings per share.
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Mongodb updated its FY21 earnings guidance on Thursday, June, 4th. The company provided earnings per share (EPS) guidance of $(1.34)-(1.21) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($1.34). The company issued revenue guidance of $520-530 million, compared to the consensus revenue estimate of $517.59 million.

16 brokerages have issued twelve-month price targets for Mongodb's stock. Their forecasts range from $78.00 to $275.00. On average, they anticipate Mongodb's stock price to reach $206.87 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price.
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Headlines about MDB stock have been trending negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mongodb earned a news sentiment score of -2.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Mongodb.

Some companies that are related to Mongodb include Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Okta (OKTA), Datadog (DDOG), Crowdstrike (CRWD), Atlassian (TEAM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Coupa Software (COUP) and Check Point Software Technologies (CHKP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Mongodb investors own include NVIDIA (NVDA), Okta (OKTA), Trade Desk (TTD), Twilio (TWLO), Shopify (SHOP), salesforce.com (CRM), Square (SQ), Alibaba Group (BABA), Paypal (PYPL) and Netflix (NFLX).

(MDB) raised $152 million in an IPO on Thursday, October 19th 2017. The company issued 8,000,000 shares at a price of $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 trades on the NASDAQ under the ticker symbol "MDB."

Mongodb's stock is owned by a number of institutional and retail investors. Top institutional investors include First Trust Advisors LP (1.50%), Frontier Capital Management Co. LLC (0.53%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Swiss National Bank (0.31%), Allen Investment Management LLC (0.27%) and LA Financiere DE L Echiquier (0.12%). Company insiders that own Mongodb stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Kevin P Ryan, Meagen Eisenberg, Michael Lawrence Gordon, Thomas Bull and Whale Rock Capital Management.
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MDB stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, SG Americas Securities LLC, Atalanta Sosnoff Capital LLC, Pembroke Management LTD, New York State Common Retirement Fund, Zurcher Kantonalbank Zurich Cantonalbank, Meitav Dash Investments Ltd., and AE Wealth Management LLC. Company insiders that have sold Mongodb company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Michael Lawrence Gordon, and Thomas Bull.
View insider buying and selling activity for Mongodb.

MDB stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Columbus Circle Investors, Sumitomo Mitsui Trust Holdings Inc., LA Financiere DE L Echiquier, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., TCW Group Inc., and Hamilton Lane Advisors LLC.
View insider buying and selling activity 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 $191.68.

Mongodb has a market capitalization of $11.14 billion and generates $421.72 million in revenue each year. The company earns $-175,520,000.00 in net income (profit) each year or ($2.36) on an earnings per share basis. Mongodb employs 1,813 workers across the globe.

The official website for Mongodb is www.mongodb.com.

Mongodb's mailing address is 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019. The company can be reached via phone at 866-237-8815.