MongoDB Stock Forecast, Price & News

MongoDB's stock was trading at $123.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MDB stock has increased by 100.2% and is now trading at $248.00.
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15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last year. There are currently 1 sell rating, 5 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 Monday, December 14th 2020.
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MongoDB, Inc. (NASDAQ:MDB) posted its quarterly earnings results on Wednesday, September, 2nd. The company reported ($0.22) earnings per share for the quarter, beating the consensus estimate of ($0.40) by $0.18. The company earned $138.30 million during the quarter, compared to the consensus estimate of $126.83 million. MongoDB had a negative return on equity of 156.29% and a negative net margin of 44.55%. The company's quarterly revenue was up 39.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.26) earnings per share.
View MongoDB's earnings history.

MongoDB updated its FY21 earnings guidance on Wednesday, September, 2nd. The company provided earnings per share (EPS) guidance of ($1.29)-($1.21) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($1.26). The company issued revenue guidance of $549-$554 million, compared to the consensus revenue estimate of $529.63 million.

15 analysts have issued 1-year target prices for MongoDB's shares. Their forecasts range from $78.00 to $331.00. On average, they expect MongoDB's share price to reach $252.29 in the next year. This suggests a possible upside of 1.7% from the stock's current price.
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Some companies that are related to MongoDB include Autodesk (ADSK), Dassault Systèmes (DASTY), Veeva Systems (VEEV), Twilio (TWLO), Docusign (DOCU), Electronic Arts (EA), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), CrowdStrike (CRWD), ANSYS (ANSS), Okta (OKTA), Atlassian (TEAM) and Paycom Software (PAYC).
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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.com (CRM), Square (SQ), Paypal (PYPL), Alibaba Group (BABA) and Netflix (NFLX).

(MDB) raised $152 million in an initial public offering (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 retail and institutional investors. Top institutional shareholders include Spence Asset Management (0.10%), Hamilton Lane Advisors LLC (0.06%), Capstone Financial Group Inc. (0.03%), Winfield Associates Inc. (0.02%), Nissay Asset Management Corp Japan ADV (0.01%) and Coastal Investment Advisors Inc. (0.01%). Company insiders that own MongoDB stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Kevin P Ryan, Mark Porter, 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 Hamilton Lane Advisors LLC, Teamwork Financial Advisors LLC, Standard Life Aberdeen plc, Redpoint Investment Management Pty Ltd, Fulcrum Asset Management LLP, Capstone Financial Group Inc., Winfield Associates Inc., and Coastal Investment Advisors Inc.. Company insiders that have sold MongoDB company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon, and Thomas Bull.
View insider buying and selling activity for MongoDB.

MDB stock was acquired by a variety of institutional investors in the last quarter, including NEXT Financial Group Inc, Red Spruce Capital LLC, Carnegie Capital Asset Management LLC, World Asset Management Inc, IBM Retirement Fund, IFM Investors Pty Ltd, Spence Asset Management, and Nissay Asset Management Corp Japan ADV.
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 $248.00.

MongoDB has a market capitalization of $14.60 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 646-727-4092.