NASDAQ:MDBMongodb Stock Price, Forecast & News

Mongodb's stock was trading at $123.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MDB shares have increased by 61.2% and is now trading at $199.65.
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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."
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Mongodb is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020.
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Mongodb Inc (NASDAQ:MDB) issued its quarterly earnings data on Thursday, June, 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.25) by $0.12. The company had revenue of $130.33 million for the quarter, compared to analysts' expectations of $119.72 million. Mongodb had a negative return on equity of 94.98% and a negative net margin of 42.42%. The business's revenue was up 45.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.22) EPS.
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Mongodb issued an update on 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 EPS estimate of ($1.34). The company issued revenue guidance of $520-530 million, compared to the consensus revenue estimate of $517.59 million.

16 analysts have issued 1 year price targets for Mongodb's stock. Their forecasts range from $78.00 to $275.00. On average, they expect Mongodb's share price to reach $206.87 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
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Press coverage about MDB stock has trended very positive this week, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. 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 news sentiment score of 4.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about Mongodb.

Some companies that are related to Mongodb include Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Okta (OKTA), Datadog (DDOG), Atlassian (TEAM), Crowdstrike (CRWD), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Coupa Software (COUP) and Check Point Software Technologies (CHKP).
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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 IPO 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.

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 First Trust Advisors LP (1.50%), Frontier Capital Management Co. LLC (0.53%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Swiss National Bank (0.31%), LA Financiere DE L Echiquier (0.12%) and New York State Common Retirement Fund (0.12%). 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.
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MDB stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, SG Americas Securities LLC, Atalanta Sosnoff Capital LLC, Pembroke Management LTD, New York State Common Retirement Fund, Zurcher Kantonalbank Zurich Cantonalbank, AE Wealth Management LLC, and Vident Investment Advisory LLC. 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 purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Columbus Circle Investors, Sumitomo Mitsui Trust Holdings Inc., LA Financiere DE L Echiquier, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., TCW Group Inc., and Hamilton Lane Advisors LLC.
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 $199.65.

Mongodb has a market capitalization of $11.60 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.