NASDAQ:MDBMongodb Stock Price, Forecast & News

Mongodb's stock was trading at $123.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MDB shares have increased by 84.4% and is now trading at $228.34. 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) announced its earnings results on Thursday, June, 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.25) by $0.12. The business earned $130.33 million during the quarter, compared to analyst estimates of $119.72 million. Mongodb had a negative net margin of 42.42% and a negative return on equity of 94.98%. The business's quarterly revenue was up 45.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.22) earnings per share. View Mongodb's earnings history.

Mongodb updated its FY21 earnings guidance on Thursday, June, 4th. The company provided earnings per share (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 brokerages have issued 1 year target prices for Mongodb's shares. Their forecasts range from $78.00 to $275.00. On average, they expect Mongodb's stock price to reach $206.87 in the next year. This suggests that the stock has a possible downside of 9.4%. View analysts' price targets for Mongodb.

News stories about MDB stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mongodb earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Mongodb.

Some companies that are related to Mongodb include Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Docusign (DOCU), Veeva Systems (VEEV), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Datadog (DDOG), Cadence Design Systems (CDNS), Okta (OKTA), ANSYS (ANSS), Crowdstrike (CRWD), Atlassian (TEAM) 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 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 trades on the NASDAQ under the ticker symbol "MDB."

Mongodb's stock is owned by many different retail and institutional investors. Top institutional investors include Spence Asset Management (0.10%), Whittier Trust Co. (0.07%), Whittier Trust Co. of Nevada Inc. (0.03%), Xcel Wealth Management LLC (0.03%), Polianta Ltd (0.01%) and Paragon Advisors 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 sold by a variety of institutional investors in the last quarter, including Xcel Wealth Management LLC, and TRUE Private Wealth Advisors. Company insiders that have sold Mongodb company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Michael Lawrence Gordon, and Thomas Bull. View insider buying and selling activity for Mongodb.

MDB stock was bought by a variety of institutional investors in the last quarter, including Polianta Ltd, Whittier Trust Co. of Nevada Inc., Paragon Advisors LLC, Red Spruce Capital LLC, IBM Retirement Fund, Carroll Financial Associates Inc., Whittier Trust Co., and Spence Asset Management. 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 $228.34.

Mongodb has a market capitalization of $13.27 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.