NASDAQ:MDBMongodb Stock Price, Forecast & News

Mongodb's stock was trading at $123.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MDB stock has increased by 77.7% and is now trading at $220.04. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mongodb in the last year. There are currently 1 sell rating, 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mongodb.

Mongodb is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Mongodb.

Mongodb Inc (NASDAQ:MDB) posted its quarterly earnings results on Thursday, June, 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.25) by $0.12. The business had revenue of $130.33 million for the quarter, compared to the consensus estimate of $119.72 million. Mongodb had a negative return on equity of 66.75% and a negative net margin of 41.62%. Mongodb's revenue for the quarter was up 45.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.22) earnings per share. View Mongodb's earnings history.

Mongodb updated its FY21 earnings guidance on Thursday, June, 4th. The company provided EPS guidance of $(1.34)-(1.21) for the period, compared to the Thomson Reuters consensus EPS estimate of ($1.34). The company issued revenue guidance of $520-530 million, compared to the consensus revenue estimate of $517.59 million.

15 analysts have issued 1-year price targets for Mongodb's shares. Their forecasts range from $78.00 to $275.00. On average, they anticipate Mongodb's share price to reach $182.31 in the next twelve months. This suggests that the stock has a possible downside of 17.1%. View analysts' price targets for Mongodb.

News stories about MDB stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mongodb earned a news impact score of -2.6 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutMongodb.

Some companies that are related to Mongodb include Autodesk (ADSK), Dassault Systemes (DASTY), Square (SQ), Electronic Arts (EA), Veeva Systems (VEEV), Splunk (SPLK), Twilio (TWLO), Synopsys (SNPS), Docusign (DOCU), Cadence Design Systems (CDNS), ANSYS (ANSS), Okta (OKTA), Atlassian (TEAM), Datadog (DDOG) and Crowdstrike (CRWD). View all competitors.

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

(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 acted 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 variety of retail and institutional investors. Top institutional shareholders include Morgan Stanley (9.21%), BlackRock Inc. (4.33%), Capital Research Global Investors (3.67%), Capital International Investors (1.66%), State Street Corp (1.56%) and First Trust Advisors LP (1.23%). Company insiders that own Mongodb stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, John Dennis Mcmahon, Kevin P Ryan, Meagen Eisenberg, Michael Lawrence Gordon, Thomas Bull and Whale Rock Capital Management. View institutional ownership trends for Mongodb.

MDB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Janus Henderson Group PLC, Deutsche Bank AG, Cota Capital Management LLC, UBS Group AG, Tudor Investment Corp Et Al, and Parametric Portfolio Associates LLC. Company insiders that have sold Mongodb company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, John Dennis Mcmahon, Michael Lawrence Gordon, and Thomas Bull. View insider buying and selling activity for Mongodb.

MDB stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, William Blair Investment Management LLC, Frontier Capital Management Co. LLC, Capital International Investors, Invesco Ltd., Balyasny Asset Management LLC, Advisor Group Holdings Inc., and First Trust Advisors LP. 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 $220.04.

Mongodb has a market capitalization of $12.67 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.