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NASDAQ:MDB

MongoDB - MDB Stock Forecast, Price & News

$218.56
+7.64 (+3.62%)
(As of 03/21/2023 12:00 AM ET)
Add
Compare
Today's Range
$212.04
$219.92
50-Day Range
$182.09
$245.86
52-Week Range
$135.15
$471.96
Volume
999,990 shs
Average Volume
1.79 million shs
Market Capitalization
$15.14 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$253.87

MongoDB MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
16.2% Upside
$253.87 Price Target
Short Interest
Healthy
5.15% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.62mentions of MongoDB in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$22.59 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.04) to ($3.82) Per Share

Overall MarketRank

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

2.42 out of 5 stars

Computer And Technology Sector

203rd out of 601 stocks

Prepackaged Software Industry

66th out of 213 stocks


MDB stock logo

About MongoDB (NASDAQ:MDB) Stock

MongoDB, 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.

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MDB Stock News Headlines

Someone Is Buying The Dip In MongoDB
MongoDB falls due to analysts' fears of slowing growth despite the company's outperformance and arguably weak guidance. Someone is buying the dip.
Analysts Set MongoDB, Inc. (NASDAQ:MDB) PT at $256.77
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
MongoDB, Inc. (NASDAQ:MDB) Short Interest Update
Mizuho Cuts MongoDB (NASDAQ:MDB) Price Target to $180.00
How This Trader Banked A 97% Win Rate
Despite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. pixel
MongoDB (NASDAQ:MDB) Rating Reiterated by Piper Sandler
Barclays Cuts MongoDB (NASDAQ:MDB) Price Target to $257.00
Wedbush Cuts MongoDB (NASDAQ:MDB) Price Target to $230.00
MongoDB Full Year 2023 Earnings: Beats Expectations
3 Reasons to Sell MongoDB Stock
3 Reasons to Buy MongoDB Stock
Why MongoDB Stock Triumphed On Tuesday
See More Headlines
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MDB Company Calendar

Last Earnings
12/06/2021
Today
3/21/2023
Next Earnings (Estimated)
6/07/2023
Fiscal Year End
1/31/2024

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
$253.87
High Stock Price Forecast
$365.00
Low Stock Price Forecast
$180.00
Forecasted Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
24 Analysts

Profitability

Net Income
$-345,400,000.00
Pretax Margin
-29.82%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Book Value
$9.89 per share

Miscellaneous

Free Float
65,337,000
Market Cap
$15.18 billion
Optionable
Optionable
Beta
1.00

Social Links


Key Executives

  • Dev C. IttycheriaDev C. Ittycheria
    President, Chief Executive Officer & Director
  • Michael Lawrence Gordon
    Chief Operating & Financial Officer
  • Mark PorterMark Porter
    Chief Technology Officer
  • Cedric PechCedric Pech
    Chief Revenue Officer
  • Lena Smart
    Chief Information Security Officer













MDB Stock - Frequently Asked Questions

Should I buy or sell MongoDB stock right now?

24 Wall Street equities 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 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 2023?

24 Wall Street analysts have issued 12-month price objectives for MongoDB's stock. Their MDB share price forecasts range from $180.00 to $365.00. On average, they predict the company's share price to reach $253.87 in the next year. This suggests a possible upside of 16.2% 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 shares have increased by 11.0% and is now trading at $218.56.
View the best growth stocks for 2023 here
.

Are investors shorting MongoDB?

MongoDB saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 3,570,000 shares, a drop of 14.4% from the February 13th total of 4,170,000 shares. Based on an average daily volume of 2,000,000 shares, the days-to-cover ratio is currently 1.8 days.
View MongoDB's Short Interest
.

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) released its quarterly earnings data on Monday, December, 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.38) by $0.27. The company earned $226.89 million during the quarter, compared to the consensus estimate of $205.18 million. MongoDB had a negative trailing twelve-month return on equity of 49.53% and a negative net margin of 26.90%. The firm's revenue was up 50.5% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.98) EPS.

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 earnings per share guidance of $0.17-$0.20 for the period, compared to the consensus 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 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 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 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 $218.56.

How much money does MongoDB make?

MongoDB (NASDAQ:MDB) has a market capitalization of $15.14 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 3,544 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 3/21/2023 by MarketBeat.com Staff