NASDAQ:MDB - Mongodb Stock Price, Forecast & News

Mongodb trades on the NASDAQ under the ticker symbol "MDB."

Mongodb Inc (NASDAQ:MDB) announced its earnings results on Monday, December, 9th. The company reported ($0.26) EPS for the quarter, beating analysts' consensus estimates of ($0.58) by $0.32. The firm had revenue of $109.40 million for the quarter, compared to analysts' expectations of $97.47 million. Mongodb had a negative return on equity of 46.17% and a negative net margin of 35.22%. Mongodb's quarterly revenue was up 52.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.30) EPS. View Mongodb's Earnings History.

Mongodb is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Mongodb.

Mongodb updated its FY20 earnings guidance on Monday, December, 9th. The company provided earnings per share guidance of ($1.04-1.02) for the period, compared to the Thomson Reuters consensus estimate of ($1.07). The company issued revenue guidance of $407.2-409.2, compared to the consensus revenue estimate of $394.22 million.

16 brokerages have issued 1 year price targets for Mongodb's shares. Their forecasts range from $78.00 to $195.00. On average, they expect Mongodb's share price to reach $165.08 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Mongodb.

16 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 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mongodb.

News coverage about MDB stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mongodb earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the next few days. View News Stories for Mongodb.

Some companies that are related to Mongodb include Electronic Arts (EA), Square (SQ), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), Atlassian (TEAM), Check Point Software Technologies (CHKP), NortonLifeLock (NLOK), Symantec (SYMC), Citrix Systems (CTXS), SS&C Technologies (SSNC) and Twilio (TWLO).

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

(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's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.17%), Spence Asset Management (0.10%), Selz Capital LLC (0.08%), Xcel Wealth Management LLC (0.03%), AE Wealth Management LLC (0.03%) and Winfield Associates Inc. (0.02%). 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 Janney Montgomery Scott LLC, Winfield Associates Inc., IFM Investors Pty Ltd and Lindbrook Capital 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, Kevin P Ryan, Michael Lawrence Gordon and Thomas Bull. View Insider Buying and Selling for Mongodb.

MDB stock was purchased by a variety of institutional investors in the last quarter, including Selz Capital LLC, California Public Employees Retirement System, Xcel Wealth Management LLC, Alpine Global Management LLC, AE Wealth Management LLC, Strs Ohio, TRUE Private Wealth Advisors and Spence Asset Management. View Insider Buying and Selling 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 $152.89.

Mongodb has a market capitalization of $8.67 billion and generates $267.02 million in revenue each year. The company earns $-99,010,000.00 in net income (profit) each year or ($1.72) on an earnings per share basis. Mongodb employs 1,212 workers across the globe.View Additional Information About Mongodb.

The official website for Mongodb is http://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.