MongoDB Stock Forecast, Price & News

MongoDB's stock was trading at $123.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MDB stock has increased by 177.4% and is now trading at $343.56.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MongoDB stock.
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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.

MongoDB is scheduled to release its next quarterly earnings announcement on Tuesday, March 16th 2021.
View our earnings forecast for MongoDB.

MongoDB, Inc. (NASDAQ:MDB) released its quarterly earnings results on Monday, December, 7th. The company reported ($0.31) EPS for the quarter, beating the consensus estimate of ($0.44) by $0.13. The firm earned $150.77 million during the quarter, compared to analyst estimates of $138.65 million. MongoDB had a negative net margin of 46.73% and a negative trailing twelve-month return on equity of 343.82%. MongoDB's revenue was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.26) EPS.
View MongoDB's earnings history.

MongoDB updated its fourth quarter earnings guidance on Tuesday, December, 8th. The company provided earnings per share guidance of $(0.42)-(0.39) for the period, compared to the Thomson Reuters consensus estimate of ($0.43). The company issued revenue guidance of $155-157 million, compared to the consensus revenue estimate of $146.06 million.

13 brokers have issued 12 month price objectives for MongoDB's stock. Their forecasts range from $150.00 to $465.00. On average, they expect MongoDB's stock price to reach $349.50 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price.
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Some companies that are related to MongoDB include Snowflake (SNOW), Activision Blizzard (ATVI), Palantir Technologies (PLTR), VMware (VMW), Autodesk (ADSK), Dassault Systèmes (DASTY), Twilio (TWLO), CrowdStrike (CRWD), Veeva Systems (VEEV), Electronic Arts (EA), Unity Software (U), DocuSign (DOCU), Synopsys (SNPS), Cadence Design Systems (CDNS) and Okta (OKTA).
View all of MDB's competitors.

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

(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 number of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (0.51%), Spence Asset Management (0.09%), Columbus Circle Investors (0.08%), Cardan Capital Partners LLC (0.04%), Hamilton Lane Advisors LLC (0.03%) and Xcel Wealth Management LLC (0.02%). Company insiders that own MongoDB stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Kevin P Ryan, Mark Porter, Michael Lawrence Gordon and Thomas Bull.
View institutional ownership trends for MongoDB.

MDB stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Hamilton Lane Advisors LLC, Paragon Advisors LLC, Spence Asset Management, Coastal Investment Advisors Inc., Centaurus Financial Inc., Strs Ohio, and Janney Montgomery Scott LLC. Company insiders that have sold MongoDB company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon, and Thomas Bull.
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MDB stock was purchased by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Caliber Wealth Management LLC, Golden Green Inc., Nwam LLC, Symphony Financial Ltd. Co., Cardan Capital Partners LLC, Aevitas Wealth Management Inc., and Exchange Traded Concepts LLC.
View insider buying and selling activity for MongoDB or or view top insider-buying stocks.

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.

One share of MDB stock can currently be purchased for approximately $343.56.

MongoDB has a market capitalization of $20.70 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 or via email at [email protected]