Top-Rated Stocks NASDAQ:MDB MongoDB - MDB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MongoDB, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $233.12 +14.18 (+6.48%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$218.13▼$233.2150-Day Range$194.08▼$245.8652-Week Range$135.15▼$471.96Volume1.73 million shsAverage Volume1.69 million shsMarket Capitalization$16.33 billionP/E RatioN/ADividend YieldN/APrice Target$253.87 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MongoDB MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside8.9% Upside$253.87 Price TargetShort InterestBearish5.47% of Shares Sold ShortDividend StrengthN/ASustainability-0.59Upright™ Environmental ScoreNews Sentiment0.93Based on 3 Articles This WeekInsider TradingSelling Shares$22.59 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($4.04) to ($3.82) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.94 out of 5 starsComputer And Technology Sector431st out of 618 stocksPrepackaged Software Industry149th out of 213 stocks 2.4 Analyst's Opinion Consensus RatingMongoDB has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 20 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $253.87, MongoDB has a forecasted upside of 8.9% from its current price of $233.12.Amount of Analyst CoverageMongoDB has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.47% of the outstanding shares of MongoDB have been sold short.Short Interest Ratio / Days to CoverMongoDB has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MongoDB has recently increased by 7.28%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMongoDB does not currently pay a dividend.Dividend GrowthMongoDB does not have a long track record of dividend growth. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMongoDB has received a 30.95% net impact score from Upright. MongoDB seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Data visualization software", "Database server software", and "Database management software" products. See details.Environmental SustainabilityThe Environmental Impact score for MongoDB is -0.59. Previous Next 3.3 News and Social Media Coverage News SentimentMongoDB has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for MongoDB this week, compared to 6 articles on an average week.Search Interest76 people have searched for MDB on MarketBeat in the last 30 days. This is an increase of 58% compared to the previous 30 days.MarketBeat Follows19 people have added MongoDB to their MarketBeat watchlist in the last 30 days. This is an increase of 533% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MongoDB insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,590,843.00 in company stock.Percentage Held by InsidersOnly 5.70% of the stock of MongoDB is held by insiders.Percentage Held by Institutions84.86% of the stock of MongoDB is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for MongoDB are expected to grow in the coming year, from ($4.04) to ($3.82) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MongoDB is -46.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of MongoDB is -46.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMongoDB has a P/B Ratio of 22.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MongoDB (NASDAQ:MDB) StockMongoDB, Inc. engages in the development and provision of a general-purpose database platform. The firm's products include MongoDB Enterprise Advanced, MongoDB Atlas and Community Server. It also offers professional services including consulting and training. The company was founded by Eliot Horowitz, Dwight A. Merriman, Kevin P. Ryan and Geir Magnusson Jr. in November 2007 and is headquartered in New York, NY.Read More 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. Email Address MDB Stock News HeadlinesMarch 10, 2023 | marketbeat.comSomeone Is Buying The Dip In MongoDBMongoDB falls due to analysts' fears of slowing growth despite the company's outperformance and arguably weak guidance. Someone is buying the dip.March 24, 2023 | americanbankingnews.comTraders Buy Large Volume of MongoDB Put Options (NASDAQ:MDB)March 31, 2023 | WealthPop (Ad)Adam Mesh: “This Strategy Saved My Trading Career”Adam Mesh was $50,000 in the hole - and ready to quit trading for good… Until he discovered the secret to unlocking double-digit income. This strategy has averaged 64% average gains in the last three years. Adam is hosting a free session to show ordinary folks how to execute this incredible strategy. Click here to let Adam show you how it’s done. March 23, 2023 | benzinga.comThis Is What Whales Are Betting On MongoDBMarch 23, 2023 | americanbankingnews.comMongoDB Target of Unusually High Options Trading (NASDAQ:MDB)March 11, 2023 | finance.yahoo.comMongoDB, Inc. (NASDAQ:MDB) Q4 2023 Earnings Call TranscriptMarch 10, 2023 | finance.yahoo.comMongoDB Full Year 2023 Earnings: Beats ExpectationsFebruary 26, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine MongoDB, Inc. (NASDAQ:MDB)?March 31, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 15, 2023 | finance.yahoo.comMongoDB, Inc. Announces Date of Fourth Quarter and Full Year Fiscal 2023 Earnings CallFebruary 8, 2023 | finance.yahoo.comMongoDB Atlas for Government Achieves FedRAMP® Moderate AuthorizationJanuary 19, 2023 | finance.yahoo.comSatori Expands Support to NoSQL Databases; Streamlines Secure Data Access for MongoDBJanuary 11, 2023 | finance.yahoo.comMongoDB's Resistance Against Macro Headwinds, New Workloads Win Analyst ConvictionJanuary 5, 2023 | finance.yahoo.comHow Much Upside is Left in MongoDB (MDB)? Wall Street Analysts Think 33%January 4, 2023 | finance.yahoo.comMongoDB, Inc. to Present at the 25th Annual Needham Growth ConferenceDecember 27, 2022 | finance.yahoo.comWhy Big Data Stocks Palantir, MongoDB, and C3.ai Fell Hard on TuesdayDecember 23, 2022 | finance.yahoo.com3 Reasons to Sell MongoDB StockDecember 21, 2022 | finance.yahoo.com3 Reasons to Buy MongoDB StockDecember 20, 2022 | finance.yahoo.comWhy MongoDB Stock Triumphed On TuesdayDecember 15, 2022 | finance.yahoo.comRecent uptick might appease MongoDB, Inc. (NASDAQ:MDB) institutional owners after losing 56% over the past yearDecember 9, 2022 | finance.yahoo.comMongoDB, Inc. (NASDAQ:MDB) Q3 2023 Earnings Call TranscriptDecember 8, 2022 | finance.yahoo.comWhy Tech Stocks Popped on Thursday AfternoonDecember 7, 2022 | investorplace.comIs MongoDB (MDB) Stock the Next Big Short Squeeze?December 6, 2022 | finance.yahoo.comMongoDB, Inc. Announces Third Quarter Fiscal 2023 Financial ResultsDecember 4, 2022 | finance.yahoo.comMongoDB (MDB) to Report Q3 Earnings: What's in the Offing?November 27, 2022 | seekingalpha.comConsistent Unprofitability And Low Market Share Make MongoDB UnattractiveNovember 22, 2022 | baystreet.caMongoDB Sinks on DowngradeSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address MDB Company Calendar Last Earnings3/08/2023Today3/31/2023Next Earnings (Estimated)6/07/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MDB Previous SymbolNYSE:MDB CUSIPN/A CIK1441816 Webwww.mongodb.com Phone(646) 727-4092FaxN/AEmployees4,619Year Founded2007Price Target and Rating Average Stock Price Forecast$253.87 High Stock Price Forecast$365.00 Low Stock Price Forecast$180.00 Forecasted Upside/Downside+8.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage24 Analysts Profitability EPS (Most Recent Fiscal Year)($5.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-345,400,000.00 Net Margins-26.90% Pretax Margin-25.95% Return on Equity-48.38% Return on Assets-13.45% Debt Debt-to-Equity Ratio1.54 Current Ratio3.80 Quick Ratio3.80 Sales & Book Value Annual Sales$1.28 billion Price / Sales12.72 Cash FlowN/A Price / Cash FlowN/A Book Value$10.56 per share Price / Book22.08Miscellaneous Outstanding Shares70,040,000Free Float66,045,000Market Cap$16.33 billion OptionableOptionable Beta1.00 Social Links Key ExecutivesDev C. IttycheriaPresident, Chief Executive Officer & DirectorMichael Lawrence GordonChief Operating & Financial OfficerMark PorterChief Technology OfficerCedric PechChief Revenue OfficerLena SmartChief Information Security OfficerKey CompetitorsSplunkNASDAQ:SPLKPTCNASDAQ:PTCCheck Point Software TechnologiesNASDAQ:CHKPTyler TechnologiesNYSE:TYLNICENASDAQ:NICEView All CompetitorsInsiders & InstitutionsNeo Ivy Capital ManagementBought 1,146 shares on 3/27/2023Ownership: 0.002%ETF Managers Group LLCBought 2,534 shares on 3/23/2023Ownership: 0.008%Victory Capital Management Inc.Sold 40,804 shares on 3/10/2023Ownership: 0.057%Rockefeller Capital Management L.P.Bought 493 shares on 3/6/2023Ownership: 0.004%Dwight A MerrimanSold 14,095 sharesTotal: $2.92 M ($206.95/share)View All Insider TransactionsView All Institutional Transactions MDB Stock - Frequently Asked Questions Should I buy or sell MongoDB stock right now? 24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last year. There are currently 4 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street 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 2023? 24 brokerages have issued 12-month price objectives for MongoDB's shares. Their MDB share price forecasts range from $180.00 to $365.00. On average, they anticipate the company's stock price to reach $253.87 in the next year. This suggests a possible upside of 8.9% 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 2023? MongoDB's stock was trading at $196.84 at the start of the year. Since then, MDB stock has increased by 18.4% and is now trading at $233.12. View the best growth stocks for 2023 here. When is MongoDB's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023. View our MDB earnings forecast. How were MongoDB's earnings last quarter? MongoDB, Inc. (NASDAQ:MDB) posted its earnings results on Wednesday, March, 8th. The company reported ($0.98) earnings per share for the quarter, beating the consensus estimate of ($1.18) by $0.20. The firm earned $361.31 million during the quarter, compared to analysts' expectations of $335.84 million. MongoDB had a negative trailing twelve-month return on equity of 48.38% and a negative net margin of 26.90%. What ETFs hold MongoDB's stock? ETFs with the largest weight of MongoDB (NASDAQ:MDB) stock in their portfolio include Jacob Forward ETF (JFWD), ProShares Big Data Refiners ETF (DAT), Franklin Exponential Data ETF (XDAT), First Trust Cloud Computing ETF (SKYY), SPDR S&P Internet ETF (XWEB), Wedbush ETFMG Global Cloud Technology ETF (IVES), ProShares Ultra Cloud Computing (SKYU) and Fidelity Cloud Computing ETF (FCLD). What guidance has MongoDB issued on next quarter's earnings? MongoDB issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 8th. The company provided EPS guidance of $0.17-$0.20 for the period, compared to the consensus EPS estimate of $0.14. The company issued revenue guidance of $344.00 million-$348.00 million, compared to the consensus revenue estimate of $355.93 million. 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 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. 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 retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (9.66%), Susquehanna International Group LLP (0.00%), Franklin Resources Inc. (2.83%), Voya Investment Management LLC (1.83%), 1832 Asset Management L.P. (1.47%) and Geode Capital Management LLC (1.34%). Insiders that own company stock include Archana Agrawal, 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 $233.12. How much money does MongoDB make? MongoDB (NASDAQ:MDB) has a market capitalization of $16.33 billion and generates $1.28 billion in revenue each year. The company earns $-345,400,000.00 in net income (profit) each year or ($5.04) on an earnings per share basis. How many employees does MongoDB have? The company employs 4,619 workers across the globe. 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 3/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.