NASDAQ:MDBMongodb Stock Price, Forecast & News

Mongodb's stock was trading at $123.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MDB stock has increased by 81.8% and is now trading at $225.18. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mongodb in the last year. There are currently 1 sell rating, 6 hold ratings and 9 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 Wednesday, September 2nd 2020. View our earnings forecast for Mongodb.

Mongodb Inc (NASDAQ:MDB) issued its quarterly earnings results on Thursday, June, 4th. The company reported ($0.13) earnings per share for the quarter, beating analysts' consensus estimates of ($0.25) by $0.12. The firm earned $130.33 million during the quarter, compared to the consensus estimate of $119.72 million. Mongodb had a negative return on equity of 94.98% and a negative net margin of 42.42%. Mongodb's revenue for the quarter was up 45.8% on a year-over-year basis. During the same period last year, the business earned ($0.22) earnings per share. View Mongodb's earnings history.

Mongodb issued an update on 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 earnings per share estimate of ($1.34). The company issued revenue guidance of $520-530 million, compared to the consensus revenue estimate of $517.59 million.

16 equities research analysts have issued 1 year price targets for Mongodb's stock. Their forecasts range from $78.00 to $275.00. On average, they anticipate Mongodb's stock price to reach $206.87 in the next twelve months. This suggests that the stock has a possible downside of 8.1%. View analysts' price targets for Mongodb.

News stories about MDB stock have trended somewhat negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mongodb earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about Mongodb.

Some companies that are related to Mongodb include Square (SQ), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), Okta (OKTA), ANSYS (ANSS), Atlassian (TEAM), Crowdstrike (CRWD) and Coupa Software (COUP). 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 $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 many different retail and institutional investors. Top institutional shareholders include Red Spruce Capital LLC (0.00%). Company insiders that own Mongodb stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, Hope F Cochran, 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 bought by a variety of institutional investors in the last quarter, including Red Spruce Capital LLC. 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 $225.18.

Mongodb has a market capitalization of $13.09 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 866-237-8815.