S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Average US gasoline price falls 45 cents to $4.10 per gallon
Here’s How the Inflation Reduction Act Energizes Power Stock
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Average US gasoline price falls 45 cents to $4.10 per gallon
Here’s How the Inflation Reduction Act Energizes Power Stock
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Average US gasoline price falls 45 cents to $4.10 per gallon
Here’s How the Inflation Reduction Act Energizes Power Stock
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Sick of seeing others get rich in the stock market? Let Stock Advisor help (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Average US gasoline price falls 45 cents to $4.10 per gallon
Here’s How the Inflation Reduction Act Energizes Power Stock
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
NASDAQ:MDB

MongoDB - MDB Stock Forecast, Price & News

$379.10
+10.34 (+2.80%)
(As of 08/12/2022 09:14 PM ET)
Add
Compare
Today's Range
$365.83
$379.39
50-Day Range
$235.01
$380.31
52-Week Range
$213.39
$590.00
Volume
751,600 shs
Average Volume
1.49 million shs
Market Capitalization
$25.82 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$391.82

MongoDB MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
3.4% Upside
$391.82 Price Target
Short Interest
Healthy
5.53% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.58mentions of MongoDB in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$12.36 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($5.08) to ($5.10) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Computer And Technology Sector

471st out of 665 stocks

Prepackaged Software Industry

163rd out of 230 stocks

MDB stock logo

About MongoDB (NASDAQ:MDB) Stock

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.

MongoDB Stock Performance

Shares of MDB opened at $379.10 on Monday. The firm has a market cap of $25.82 billion, a P/E ratio of -78.33 and a beta of 0.96. The company has a debt-to-equity ratio of 1.69, a quick ratio of 4.16 and a current ratio of 4.16. MongoDB has a twelve month low of $213.39 and a twelve month high of $590.00. The firm's 50 day moving average price is $296.97 and its two-hundred day moving average price is $335.95.

MongoDB (NASDAQ:MDB - Get Rating) last released its earnings results on Wednesday, June 1st. The company reported ($1.15) earnings per share for the quarter, beating analysts' consensus estimates of ($1.34) by $0.19. The firm had revenue of $285.45 million during the quarter, compared to the consensus estimate of $267.10 million. MongoDB had a negative return on equity of 45.56% and a negative net margin of 32.75%. The company's revenue was up 57.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.98) EPS. On average, analysts forecast that MongoDB will post -5.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on MDB shares. William Blair reaffirmed an "outperform" rating on shares of MongoDB in a report on Tuesday, May 24th. Royal Bank of Canada lifted their target price on shares of MongoDB from $325.00 to $375.00 in a research note on Thursday, June 9th. Stifel Nicolaus cut their price objective on MongoDB from $425.00 to $340.00 in a report on Thursday, June 2nd. Oppenheimer cut their price target on shares of MongoDB from $490.00 to $400.00 and set an "outperform" rating for the company in a research report on Thursday, June 2nd. Finally, Citigroup lifted their price target on shares of MongoDB from $405.00 to $425.00 in a report on Thursday, June 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, MongoDB presently has a consensus rating of "Moderate Buy" and an average price target of $401.17.

Insider Activity

In other news, Director Dwight A. Merriman sold 14,090 shares of the firm's stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $312.06, for a total value of $4,396,925.40. Following the completion of the transaction, the director now directly owns 1,322,954 shares in the company, valued at $412,841,025.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other MongoDB news, Director Dwight A. Merriman sold 14,090 shares of the company's stock in a transaction on Monday, August 1st. The shares were sold at an average price of $312.06, for a total value of $4,396,925.40. Following the completion of the transaction, the director now directly owns 1,322,954 shares in the company, valued at approximately $412,841,025.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dwight A. Merriman sold 3,000 shares of the company's stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $251.74, for a total transaction of $755,220.00. Following the completion of the sale, the director now owns 544,896 shares in the company, valued at approximately $137,172,119.04. The disclosure for this sale can be found here. Insiders sold a total of 43,795 shares of company stock worth $12,357,981 over the last quarter. 5.70% of the stock is currently owned by corporate insiders.

Receive MDB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MongoDB and its competitors with MarketBeat's FREE daily newsletter.

MDB Stock News Headlines

What Are Whales Doing With MongoDB - Benzinga
Why MongoDB Stock Gained 20% In July
MongoDB Whale Trades For August 03 - Benzinga
MongoDB (NASDAQ:MDB) Trading Up 6.6%
Where MongoDB Stands With Analysts - Benzinga
MongoDB Is Poised for a Rally - RealMoney - RealMoney
3 Reasons to Invest in MongoDB - Nasdaq
See More Headlines
Receive MDB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MongoDB and its competitors with MarketBeat's FREE daily newsletter.

MDB Company Calendar

Last Earnings
6/01/2022
Today
8/14/2022
Next Earnings (Confirmed)
8/31/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MDB
Fax
N/A
Employees
3,544
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$391.82
High Stock Price Forecast
$630.00
Low Stock Price Forecast
$190.00
Forecasted Upside/Downside
+3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$-306,870,000.00
Pretax Margin
-32.09%

Debt

Sales & Book Value

Annual Sales
$873.78 million
Book Value
$9.89 per share

Miscellaneous

Free Float
64,232,000
Market Cap
$25.82 billion
Optionable
Optionable
Beta
0.96

Social Links















MDB Stock - Frequently Asked Questions

Should I buy or sell MongoDB stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last twelve months. There are currently 1 sell rating, 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MDB shares.
View MDB analyst ratings
or view top-rated stocks.

What is MongoDB's stock price forecast for 2022?

17 brokerages have issued 12 month price objectives for MongoDB's stock. Their MDB share price forecasts range from $190.00 to $630.00. On average, they predict the company's stock price to reach $391.82 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price.
View analysts price targets for MDB
or view top-rated stocks among Wall Street analysts.

How have MDB shares performed in 2022?

MongoDB's stock was trading at $529.35 on January 1st, 2022. Since then, MDB shares have decreased by 28.4% and is now trading at $379.10.
View the best growth stocks for 2022 here
.

When is MongoDB's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 31st 2022.
View our MDB earnings forecast
.

How can I listen to MongoDB's earnings call?

MongoDB will be holding an earnings conference call on Wednesday, August 31st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were MongoDB's earnings last quarter?

MongoDB, Inc. (NASDAQ:MDB) posted its earnings results on Wednesday, June, 1st. The company reported ($1.15) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.34) by $0.19. The company had revenue of $285.45 million for the quarter, compared to analysts' expectations of $267.10 million. MongoDB had a negative net margin of 32.75% and a negative trailing twelve-month return on equity of 45.56%. The company's quarterly revenue was up 57.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.98) EPS.

What guidance has MongoDB issued on next quarter's earnings?

MongoDB issued an update on its FY 2023 earnings guidance on Wednesday, June, 29th. The company provided EPS guidance of -$0.31--$0.16 for the period, compared to the consensus earnings per share estimate of -$0.37. The company issued revenue guidance of $1.17 billion-$1.19 billion, compared to the consensus revenue estimate of $1.18 billion.

What is Dev Ittycheria's approval rating as MongoDB's CEO?

346 employees have rated MongoDB Chief Executive Officer Dev Ittycheria on Glassdoor.com. Dev Ittycheria has an approval rating of 97% among the company's employees. This puts Dev Ittycheria in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MongoDB own?

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

When did MongoDB IPO?

(MDB) raised $152 million in an initial public offering (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 acted as the underwriters for the IPO and Stifel and Canaccord Genuity JMP Securities were co-managers.

What is MongoDB's stock symbol?

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

Who are MongoDB's major shareholders?

MongoDB's stock is owned by a number of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (1.98%), TD Asset Management Inc. (0.98%), Allspring Global Investments Holdings LLC (0.79%), Renaissance Technologies LLC (0.76%), Northern Trust Corp (0.63%) and Swiss National Bank (0.43%). Insiders that own company stock include Cedric Pech, Charles M Hazard Jr, Charles M Hazard, Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Etienne Montagut, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon, Ronald N Tutor and Thomas Bull.
View institutional ownership trends
.

How do I buy shares of MongoDB?

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

What is MongoDB's stock price today?

One share of MDB stock can currently be purchased for approximately $379.10.

How much money does MongoDB make?

MongoDB (NASDAQ:MDB) has a market capitalization of $25.82 billion and generates $873.78 million in revenue each year. The company earns $-306,870,000.00 in net income (profit) each year or ($4.84) on an earnings per share basis.

How many employees does MongoDB have?

The company employs 3,544 workers across the globe.

When was MongoDB founded?

MongoDB was founded in 2007.

How can I contact MongoDB?

MongoDB's mailing address is 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019. The official website for the company is www.mongodb.com. The company can be reached via phone at (646) 727-4092 or via email at ir@mongodb.com.

This page (NASDAQ:MDB) was last updated on 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.