NASDAQ:MDB - MongoDB Stock Price, Price Target & More

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

MongoDB Inc. (NASDAQ:MDB) released its earnings results on Tuesday, March, 13th. The company reported ($0.40) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.43) by $0.03. The business earned $45 million during the quarter, compared to analysts' expectations of $42.60 million. The firm's revenue was up 50.5% on a year-over-year basis. View MongoDB's Earnings History.

MongoDB updated its FY19 earnings guidance on Tuesday, March, 13th. The company provided earnings per share guidance of ($1.66-1.62) for the period, compared to the Thomson Reuters consensus estimate of ($1.63). The company issued revenue guidance of $211-215 million, compared to the consensus revenue estimate of $206.58 million.MongoDB also updated its Q1 guidance to ($0.44-0.43) EPS.

11 brokers have issued 12 month price objectives for MongoDB's shares. Their predictions range from $30.00 to $51.00. On average, they anticipate MongoDB's stock price to reach $40.90 in the next year. View Analyst Ratings for MongoDB.

MongoDB saw a increase in short interest in April. As of April 13th, there was short interest totalling 2,386,631 shares, an increase of 36.1% from the March 30th total of 1,753,677 shares. Based on an average daily volume of 450,961 shares, the days-to-cover ratio is presently 5.3 days. Currently, 26.1% of the company's shares are short sold.

Some companies that are related to MongoDB include Tyler Technologies (TYL), Ultimate Software Group (ULTI), Momo (MOMO), Micro Focus (MFGP), Trend Micro (TMICY), Tableau Software (DATA), Black Knight (BKI), Guidewire Software (GWRE), DocuSign (DOCU), Konami (KNMCY), Sina (SINA), Atlassian (TEAM), Paycom (PAYC), MuleSoft (MULE) and LogMeIn (LOGM).

(MDB) raised $152 million in an initial public offering (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's lock-up period expired on Tuesday, April 17th. MongoDB had issued 8,000,000 shares in its public offering on October 19th. The total size of the offering was $192,000,000 based on an initial share price of $24.00. Since the end of MongoDB's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Media stories about MDB stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MongoDB earned a news impact score of 0.15 on Accern's scale. They also assigned media stories about the company an impact score of 48.11 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

MongoDB's stock is owned by a number of of retail and institutional investors. Top institutional investors include UNION SQUARE VENTURES 2008 LP Total Shares: 3,962,915 (29.80%), UNION SQUARE VENTURES 2008 LPTotal Shares:3,962,915 (29.80%), BlackRock Inc. (2.46%), Whale Rock Capital Management LLC (1.10%), Wells Fargo & Company MN (0.94%) and Frontier Capital Management Co. LLC (0.86%). View Institutional Ownership Trends for MongoDB.

MDB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Royal Bank of Canada, Wells Fargo & Company MN, Penn Capital Management Co. Inc., Principal Financial Group Inc., Atlantic Trust Group LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for MongoDB.

MDB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Whale Rock Capital Management LLC, Allianz Asset Management GmbH, Frontier Capital Management Co. LLC, The Manufacturers Life Insurance Company , Sandler Capital Management, AO Asset Management LP and Alkeon Capital Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of MDB stock can currently be purchased for approximately $43.22.

MongoDB has a market capitalization of $2.19 billion and generates $154.52 million in revenue each year. The company earns $-96,350,000.00 in net income (profit) each year or ($1.74) on an earnings per share basis. MongoDB employs 962 workers across the globe.

MongoDB's mailing address is 229 W. 43RD STREET 5TH FLOOR, NEW YORK NY, 10036. The company can be reached via phone at 646-727-4092.