NASDAQ:MDB MongoDB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $269.01 +9.51 (+3.66%) (As of 07/1/2022 05:43 PM ET) Add Compare Share Today's Range$256.55▼$272.2350-Day Range$223.61▼$381.7452-Week Range$213.39▼$590.00Volume1.49 million shsAverage Volume1.52 million shsMarket Capitalization$18.32 billionP/E RatioN/ADividend YieldN/APrice Target$397.25 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MongoDB Stock Forecast (MarketRank)Analyst RatingModerate Buy2.81 Rating ScoreUpside/Downside47.7% Upside$397.25 Price TargetShort InterestHealthy6.37% of Shares Sold ShortDividend StrengthN/ASustainability-0.59Upright™ Environmental ScoreNews Sentiment0.29Based on 17 Articles This WeekInsider TradingSelling Shares$31.64 M Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($5.09) to ($5.13) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.27 out of 5 starsComputer And Technology Sector346th out of 937 stocksPrepackaged Software Industry104th out of 302 stocks 4.4 Analyst's Opinion Consensus RatingMongoDB has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 14 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $397.25, MongoDB has a forecasted upside of 47.7% from its current price of $269.01.Amount of Analyst CoverageMongoDB has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted6.37% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MongoDB has recently decreased by 7.26%, indicating that investor sentiment is improving 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 2.2 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 2.4 News and Social Media Coverage News SentimentMongoDB has a news sentiment score of 0.29. 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 lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 17 news articles for MongoDB this week, compared to 7 articles on an average week.Search Interest38 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 FollowsOnly 21 people have added MongoDB to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% 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 $31,637,295.00 in company stock.Percentage Held by InsidersOnly 5.70% of the stock of MongoDB is held by insiders.Percentage Held by Institutions88.70% 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 0.0 Earnings and Valuation Earnings GrowthEarnings for MongoDB are expected to decrease in the coming year, from ($5.09) to ($5.13) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MongoDB is -55.58, 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 -55.58, 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 27.20. 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 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 About MongoDB (NASDAQ:MDB)MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.Read More MDB Stock News HeadlinesJune 9, 2022 | marketbeat.comNow’s The Time To Buy MongoDB (NASDAQ: MDB) After a lackluster first half to the year, it’s looking like shares of MongoDB (NASDAQ: MDB) are finally ready to turn around and start heading north.July 1, 2022 | americanbankingnews.comMongoDB, Inc. (NASDAQ:MDB) Director Dwight A. Merriman Sells 629 SharesJune 30, 2022 | americanbankingnews.comMongoDB (NASDAQ:MDB) Coverage Initiated by Analysts at Redburn PartnersJune 29, 2022 | streetinsider.comUPDATE: Redburn Starts MongoDB (MDB) at Sell - StreetInsider.comJune 26, 2022 | nasdaq.comWhy Datadog, MongoDB, and Twilio Surged This WeekJune 25, 2022 | americanbankingnews.comMongoDB (NASDAQ:MDB) Stock Price Up 7.7%June 24, 2022 | realmoney.thestreet.comMongoDB Is Poised for a Rally - RealMoney - RealMoneyJune 23, 2022 | nasdaq.com3 Reasons to Invest in MongoDB - NasdaqJune 23, 2022 | msn.comWhy CrowdStrike, MongoDB, and Datadog Are Surging TodayJune 23, 2022 | fool.com3 Reasons to Invest in MongoDB - The Motley FoolJune 20, 2022 | americanbankingnews.comBrokerages Set MongoDB, Inc. (NASDAQ:MDB) Target Price at $420.38June 15, 2022 | seekingalpha.comMongoDB Stock Forecast: Where Will It Be By 2025?June 14, 2022 | finance.yahoo.comHere’s What Makes MongoDB (MDB) a Great InvestmentSee More Headlines Industry, 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/AEmployees3,544Year Founded2007Company Calendar Last Earnings6/01/2022Today7/01/2022Next Earnings (Estimated)9/01/2022Fiscal Year End1/31/2023Price Target and Rating Average Stock Price Forecast$397.25 High Stock Price Forecast$630.00 Low Stock Price Forecast$190.00 Forecasted Upside/Downside+47.7%Consensus RatingModerate Buy Rating Score (0-4)2.8125 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($4.840010) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-306.87 million Net Margins-32.75% Pretax Margin-32.09% Return on Equity-45.56% Return on Assets-12.81% Debt Debt-to-Equity Ratio1.69 Current Ratio4.16 Quick Ratio4.16 Sales & Book Value Annual Sales$873.78 million Price / Sales20.97 Cash FlowN/A Price / Cash FlowN/A Book Value$9.89 per share Price / Book27.20Miscellaneous Outstanding Shares68,115,000Free Float64,232,000Market Cap$18.32 billion OptionableOptionable Beta1.00 Social Links MongoDB Frequently Asked Questions Should I buy or sell MongoDB stock right now? 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last year. There are currently 1 sell rating, 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MongoDB stock. View analyst ratings for MongoDB or view top-rated stocks. What is MongoDB's stock price forecast for 2022? 16 brokerages have issued 12 month price targets for MongoDB's shares. Their MDB stock forecasts range from $190.00 to $630.00. On average, they predict MongoDB's stock price to reach $397.25 in the next twelve months. This suggests a possible upside of 47.7% from the stock's current price. View analysts' price targets for MongoDB or view top-rated stocks among Wall Street analysts. How has MongoDB's stock performed in 2022? MongoDB's stock was trading at $529.35 on January 1st, 2022. Since then, MDB shares have decreased by 49.2% and is now trading at $269.01. View the best growth stocks for 2022 here. When is MongoDB's next earnings date? MongoDB is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022. View our earnings forecast for MongoDB. How were MongoDB's earnings last quarter? MongoDB, Inc. (NASDAQ:MDB) announced its quarterly earnings data on Wednesday, June, 1st. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.34) by $1.54. The firm earned $285.45 million during the quarter, compared to the consensus estimate of $267.10 million. MongoDB had a negative net margin of 32.75% and a negative trailing twelve-month return on equity of 45.56%. MongoDB's revenue was up 57.1% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.98) earnings per share. View MongoDB's earnings history. What guidance has MongoDB issued on next quarter's earnings? MongoDB updated its FY 2023 earnings guidance on Wednesday, June, 29th. The company provided earnings per share guidance of -$0.31--$0.16 for the period, compared to the consensus earnings per share estimate of -$0.37. The company issued revenue guidance of $1.17 billion-$1.19 billion, compared to the consensus revenue estimate of $1.18 billion. Who are MongoDB's key executives? MongoDB's management team includes the following people: Mr. Dev C. Ittycheria, Pres, CEO & Director (Age 55, Pay $431.5k)Mr. Dwight A. Merriman, Co-Founder & Director (Age 53, Pay $30k) (LinkedIn Profile)Mr. Michael Lawrence Gordon, COO & CFO (Age 52, Pay $356.5k)Mr. Mark Porter, Chief Technology Officer (Age 55, Pay $356.5k) (LinkedIn Profile)Mr. Cedric Pech, Chief Revenue Officer (Age 48, Pay $1.24M) (LinkedIn Profile)Ms. Lena Smart, Chief Information Security OfficerMr. Andrew Stephens, Gen. Counsel & Corp. Sec.Mr. Peder Ulander, Chief Marketing OfficerMs. Harsha Jalihal, Chief People OfficerMr. Ronnen Miller, Sr. VP of Global Technical Services What is Dev Ittycheria's approval rating as MongoDB's CEO? 346 employees have rated MongoDB CEO Dev Ittycheria on Glassdoor.com. Dev Ittycheria has an approval rating of 97% among MongoDB's employees. This puts Dev Ittycheria in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of MongoDB's key competitors? Some companies that are related to MongoDB include Activision Blizzard (ATVI), NetEase (NTES), Dassault Systèmes (DASTY), VMware (VMW), Synopsys (SNPS), Snowflake (SNOW), CrowdStrike (CRWD), Cadence Design Systems (CDNS), Shopify (SHOP), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Datadog (DDOG), Veeva Systems (VEEV) and Atlassian (TEAM). View all of MDB's competitors. 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), Square (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." How do I buy shares of MongoDB? Shares of MDB 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 $269.01. How much money does MongoDB make? MongoDB (NASDAQ:MDB) has a market capitalization of $18.32 billion and generates $873.78 million in revenue each year. The company earns $-306.87 million in net income (profit) each year or ($4.840010) on an earnings per share basis. How many employees does MongoDB have? MongoDB employs 3,544 workers across the globe. When was MongoDB founded? MongoDB was founded in 2007. How can I contact MongoDB? MongoDB's mailing address is 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019. The official website for MongoDB is www.mongodb.com. The company can be reached via phone at (646) 727-4092 or via email at [email protected]. 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