Top-Rated Stocks NASDAQ:MDB MongoDB - MDB 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. $218.56 +7.64 (+3.62%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$212.04▼$219.9250-Day Range$182.09▼$245.8652-Week Range$135.15▼$471.96Volume999,990 shsAverage Volume1.79 million shsMarket Capitalization$15.14 billionP/E RatioN/ADividend YieldN/APrice Target$253.87 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MongoDB MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside16.2% Upside$253.87 Price TargetShort InterestHealthy5.15% of Shares Sold ShortDividend StrengthN/ASustainability-0.59Upright™ Environmental ScoreNews Sentiment0.62Based on 6 Articles This WeekInsider TradingSelling Shares$22.59 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($4.04) to ($3.82) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsComputer And Technology Sector203rd out of 601 stocksPrepackaged Software Industry66th out of 213 stocks 3.4 Analyst's Opinion Consensus RatingMongoDB has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 20 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $253.87, MongoDB has a forecasted upside of 16.2% from its current price of $218.56.Amount of Analyst CoverageMongoDB has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.15% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MongoDB has recently decreased by 14.39%, 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 3.1 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 3.1 News and Social Media Coverage News SentimentMongoDB has a news sentiment score of 0.62. 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 higher news sentiment than the 0.38 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for MongoDB this week, compared to 6 articles on an average week.Search Interest74 people have searched for MDB on MarketBeat in the last 30 days. This is an increase of 35% compared to the previous 30 days.MarketBeat Follows18 people have added MongoDB to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 $22,590,843.00 in company stock.Percentage Held by InsidersOnly 5.70% of the stock of MongoDB is held by insiders.Percentage Held by Institutions84.86% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for MongoDB are expected to grow in the coming year, from ($4.04) to ($3.82) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MongoDB is -43.37, 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 -43.37, 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 22.10. 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 About MongoDB (NASDAQ:MDB) StockMongoDB, Inc. engages in the development and provision of a general-purpose database platform. The firm's products include MongoDB Enterprise Advanced, MongoDB Atlas and Community Server. It also offers professional services including consulting and training. The company was founded by Eliot Horowitz, Dwight A. Merriman, Kevin P. Ryan and Geir Magnusson Jr. in November 2007 and is headquartered in New York, NY.Read More 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 MDB Stock News HeadlinesMarch 10, 2023 | marketbeat.comSomeone Is Buying The Dip In MongoDBMongoDB falls due to analysts' fears of slowing growth despite the company's outperformance and arguably weak guidance. Someone is buying the dip.March 20, 2023 | americanbankingnews.comAnalysts Set MongoDB, Inc. (NASDAQ:MDB) PT at $256.77March 21, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 14, 2023 | americanbankingnews.comMongoDB (NASDAQ:MDB) Price Target Cut to $250.00 by Analysts at Credit Suisse GroupMarch 14, 2023 | americanbankingnews.comBrokers Issue Forecasts for MongoDB, Inc.'s Q2 2025 Earnings (NASDAQ:MDB)March 14, 2023 | americanbankingnews.comMongoDB, Inc. (NASDAQ:MDB) Forecasted to Post FY2025 Earnings of ($3.53) Per ShareMarch 13, 2023 | americanbankingnews.comMongoDB, Inc. (NASDAQ:MDB) Short Interest UpdateMarch 12, 2023 | americanbankingnews.comMizuho Cuts MongoDB (NASDAQ:MDB) Price Target to $180.00March 21, 2023 | Investing Daily (Ad)How This Trader Banked A 97% Win RateDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 12, 2023 | americanbankingnews.comThe Goldman Sachs Group Cuts MongoDB (NASDAQ:MDB) Price Target to $280.00March 12, 2023 | americanbankingnews.comMongoDB (NASDAQ:MDB) Rating Reiterated by Piper SandlerMarch 12, 2023 | americanbankingnews.comBarclays Cuts MongoDB (NASDAQ:MDB) Price Target to $257.00March 12, 2023 | americanbankingnews.comWedbush Cuts MongoDB (NASDAQ:MDB) Price Target to $230.00March 11, 2023 | finance.yahoo.comMongoDB, Inc. (NASDAQ:MDB) Q4 2023 Earnings Call TranscriptMarch 10, 2023 | finance.yahoo.comMongoDB Full Year 2023 Earnings: Beats ExpectationsFebruary 26, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine MongoDB, Inc. (NASDAQ:MDB)?February 15, 2023 | finance.yahoo.comMongoDB, Inc. Announces Date of Fourth Quarter and Full Year Fiscal 2023 Earnings CallFebruary 8, 2023 | finance.yahoo.comMongoDB Atlas for Government Achieves FedRAMP® Moderate AuthorizationJanuary 19, 2023 | finance.yahoo.comSatori Expands Support to NoSQL Databases; Streamlines Secure Data Access for MongoDBJanuary 11, 2023 | finance.yahoo.comMongoDB's Resistance Against Macro Headwinds, New Workloads Win Analyst ConvictionJanuary 5, 2023 | finance.yahoo.comHow Much Upside is Left in MongoDB (MDB)? Wall Street Analysts Think 33%January 4, 2023 | finance.yahoo.comMongoDB, Inc. to Present at the 25th Annual Needham Growth ConferenceDecember 27, 2022 | finance.yahoo.comWhy Big Data Stocks Palantir, MongoDB, and C3.ai Fell Hard on TuesdayDecember 23, 2022 | finance.yahoo.com3 Reasons to Sell MongoDB StockDecember 21, 2022 | finance.yahoo.com3 Reasons to Buy MongoDB StockDecember 20, 2022 | finance.yahoo.comWhy MongoDB Stock Triumphed On TuesdayDecember 15, 2022 | finance.yahoo.comRecent uptick might appease MongoDB, Inc. (NASDAQ:MDB) institutional owners after losing 56% over the past yearSee More Headlines 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 MDB Company Calendar Last Earnings12/06/2021Today3/21/2023Next Earnings (Estimated)6/07/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, 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 Founded2007Price Target and Rating Average Stock Price Forecast$253.87 High Stock Price Forecast$365.00 Low Stock Price Forecast$180.00 Forecasted Upside/Downside+15.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage24 Analysts Profitability EPS (Most Recent Fiscal Year)($5.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-345,400,000.00 Net Margins-26.90% Pretax Margin-29.82% Return on Equity-49.53% Return on Assets-13.64% Debt Debt-to-Equity Ratio1.66 Current Ratio4.10 Quick Ratio4.10 Sales & Book Value Annual Sales$1.28 billion Price / Sales11.82 Cash FlowN/A Price / Cash FlowN/A Book Value$9.89 per share Price / Book22.15Miscellaneous Outstanding Shares69,290,000Free Float65,337,000Market Cap$15.18 billion OptionableOptionable Beta1.00 Social Links Key ExecutivesDev C. IttycheriaPresident, Chief Executive Officer & DirectorMichael Lawrence GordonChief Operating & Financial OfficerMark PorterChief Technology OfficerCedric PechChief Revenue OfficerLena SmartChief Information Security OfficerKey CompetitorsSplunkNASDAQ:SPLKPTCNASDAQ:PTCTyler TechnologiesNYSE:TYLCheck Point Software TechnologiesNASDAQ:CHKPSS&C TechnologiesNASDAQ:SSNCView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Sold 40,804 shares on 3/10/2023Ownership: 0.057%Rockefeller Capital Management L.P.Bought 493 shares on 3/6/2023Ownership: 0.004%Dwight A MerrimanSold 14,095 sharesTotal: $2.92 M ($206.95/share)Dev IttycheriaSold 40,000 sharesTotal: $8.31 M ($207.86/share)Voya Investment Management LLCSold 272,449 shares on 2/28/2023Ownership: 1.826%View All Insider TransactionsView All Institutional Transactions MDB Stock - Frequently Asked Questions Should I buy or sell MongoDB stock right now? 24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last year. There are currently 4 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MDB shares. View MDB analyst ratings or view top-rated stocks. What is MongoDB's stock price forecast for 2023? 24 Wall Street analysts have issued 12-month price objectives for MongoDB's stock. Their MDB share price forecasts range from $180.00 to $365.00. On average, they predict the company's share price to reach $253.87 in the next year. This suggests a possible upside of 16.2% from the stock's current price. View analysts price targets for MDB or view top-rated stocks among Wall Street analysts. How have MDB shares performed in 2023? MongoDB's stock was trading at $196.84 at the start of the year. Since then, MDB shares have increased by 11.0% and is now trading at $218.56. View the best growth stocks for 2023 here. Are investors shorting MongoDB? MongoDB saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 3,570,000 shares, a drop of 14.4% from the February 13th total of 4,170,000 shares. Based on an average daily volume of 2,000,000 shares, the days-to-cover ratio is currently 1.8 days. View MongoDB's Short Interest. When is MongoDB's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023. View our MDB earnings forecast. How were MongoDB's earnings last quarter? MongoDB, Inc. (NASDAQ:MDB) released its quarterly earnings data on Monday, December, 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.38) by $0.27. The company earned $226.89 million during the quarter, compared to the consensus estimate of $205.18 million. MongoDB had a negative trailing twelve-month return on equity of 49.53% and a negative net margin of 26.90%. The firm's revenue was up 50.5% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.98) EPS. What ETFs hold MongoDB's stock? ETFs with the largest weight of MongoDB (NASDAQ:MDB) stock in their portfolio include Jacob Forward ETF (JFWD), ProShares Big Data Refiners ETF (DAT), First Trust Cloud Computing ETF (SKYY), Wedbush ETFMG Global Cloud Technology ETF (IVES), ProShares Ultra Cloud Computing (SKYU), Fidelity Cloud Computing ETF (FCLD), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC) and SPDR S&P Internet ETF (XWEB). What guidance has MongoDB issued on next quarter's earnings? MongoDB issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 8th. The company provided earnings per share guidance of $0.17-$0.20 for the period, compared to the consensus estimate of $0.14. The company issued revenue guidance of $344.00 million-$348.00 million, compared to the consensus revenue estimate of $355.93 million. What is Dev Ittycheria's approval rating as MongoDB's CEO? 346 employees have rated MongoDB Chief Executive Officer Dev Ittycheria on Glassdoor.com. Dev Ittycheria has an approval rating of 97% among the company's employees. This puts Dev Ittycheria in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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), Block (SQ), PayPal (PYPL), Alibaba Group (BABA) and Netflix (NFLX). When did MongoDB IPO? (MDB) raised $152 million in an 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. What is MongoDB's stock symbol? MongoDB trades on the NASDAQ under the ticker symbol "MDB." Who are MongoDB's major shareholders? MongoDB's stock is owned by a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (9.66%), Susquehanna International Group LLP (0.00%), Franklin Resources Inc. (2.83%), Voya Investment Management LLC (1.83%), 1832 Asset Management L.P. (1.47%) and Geode Capital Management LLC (1.34%). Insiders that own company stock include Archana Agrawal, Cedric Pech, Charles M Hazard Jr, Charles M Hazard, Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Etienne Montagut, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon, Ronald N Tutor and Thomas Bull. View institutional ownership trends. How do I buy shares of MongoDB? Shares of MDB stock 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 $218.56. How much money does MongoDB make? MongoDB (NASDAQ:MDB) has a market capitalization of $15.14 billion and generates $1.28 billion in revenue each year. The company earns $-345,400,000.00 in net income (profit) each year or ($5.04) on an earnings per share basis. How many employees does MongoDB have? The company employs 3,544 workers across the globe. How can I contact MongoDB? MongoDB's mailing address is 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019. The official website for the company is www.mongodb.com. The company can be reached via phone at (646) 727-4092 or via email at ir@mongodb.com. 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