NASDAQ:MDB - Mongodb Stock Price, Forecast & News

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

Mongodb Inc (NASDAQ:MDB) released its quarterly earnings results on Monday, December, 9th. The company reported ($0.26) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.58) by $0.32. The business earned $109.40 million during the quarter, compared to analyst estimates of $97.47 million. Mongodb had a negative return on equity of 46.17% and a negative net margin of 35.22%. Mongodb's revenue for the quarter was up 52.4% on a year-over-year basis. During the same quarter last year, the company posted ($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 issued an update on its FY20 earnings guidance on Monday, December, 9th. The company provided earnings per share (EPS) 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 equities research analysts have issued 12-month price objectives 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 year. This suggests that the stock has a possible downside of 6.8%. 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.

Media coverage about MDB stock has been trending neutral on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mongodb earned a coverage optimism score of 0.3 on InfoTrie's scale. They also gave news stories 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 near term. View News Stories for Mongodb.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Mongodb investors own include NVIDIA (NVDA), Twilio (TWLO), Trade Desk (TTD), Okta (OKTA), Shopify (SHOP), Netflix (NFLX), Alibaba Group (BABA), Paypal (PYPL), Square (SQ) 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 acted as the underwriters for the IPO and Stifel and Canaccord Genuity JMP Securities were co-managers.

Mongodb's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FIL Ltd (2.72%), State Street Corp (1.52%), First Trust Advisors LP (1.12%), Franklin Resources Inc. (1.04%), Point72 Asset Management L.P. (0.76%) and Altimeter Capital Management LP (0.53%). 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 Bank of America Corp DE, Goldman Sachs Group Inc., First Trust Advisors LP, Tairen Capital Ltd, KBC Group NV, Hamilton Lane Advisors LLC, Janus Henderson Group PLC and Castleark Management 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 Point72 Asset Management L.P., FIL Ltd, NorthRock Partners LLC, Selz Capital LLC, State Street Corp, UBS Oconnor LLC, Cubist Systematic Strategies LLC and Altimeter Capital Management LP. 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 $177.09.

Mongodb has a market capitalization of $10.05 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.