MongoDB Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last twelve months. There are currently 3 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MongoDB stock.
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Wall Street analysts have given MongoDB a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MongoDB wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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MongoDB is scheduled to release its next quarterly earnings announcement on Wednesday, September 1st 2021.
View our earnings forecast for MongoDB.

MongoDB, Inc. (NASDAQ:MDB) posted its earnings results on Wednesday, June, 2nd. The company reported ($0.15) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.36) by $0.21. The business had revenue of $181.60 million for the quarter, compared to the consensus estimate of $169.96 million. MongoDB had a negative net margin of 43.16% and a negative trailing twelve-month return on equity of 1,062.47%. The business's revenue was up 39.4% compared to the same quarter last year. During the same period last year, the firm earned ($0.13) earnings per share.
View MongoDB's earnings history.

MongoDB's stock was trading at $123.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MDB shares have increased by 169.8% and is now trading at $334.10.
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MongoDB updated its second quarter 2022 earnings guidance on Tuesday, June, 8th. The company provided earnings per share guidance of $-0.430--0.400 for the period, compared to the Thomson Reuters consensus estimate of $-0.330. The company issued revenue guidance of $180 million-183 million, compared to the consensus revenue estimate of $181.06 million.

16 equities research analysts have issued 1 year price targets for MongoDB's stock. Their forecasts range from $260.00 to $465.00. On average, they anticipate MongoDB's share price to reach $374.25 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
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346 employees have rated MongoDB CEO Dev Ittycheria on Glassdoor.com. Dev Ittycheria has an approval rating of 97% among MongoDB's employees. This puts Dev Ittycheria in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to MongoDB include Activision Blizzard (ATVI), NetEase (NTES), Snowflake (SNOW), VMware (VMW), Dassault Systèmes (DASTY), Autodesk (ADSK), Twilio (TWLO), CrowdStrike (CRWD), DocuSign (DOCU), Roblox (RBLX), Palantir Technologies (PLTR), Veeva Systems (VEEV), Electronic Arts (EA), Synopsys (SNPS) and UiPath (PATH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other MongoDB investors own include NVIDIA (NVDA), The Trade Desk (TTD), Okta (OKTA), Shopify (SHOP), Twilio (TWLO), salesforce.com (CRM), Square (SQ), PayPal (PYPL), Alibaba Group (BABA) and Netflix (NFLX).

(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.

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

MongoDB's stock is owned by many different institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (3.24%), Whale Rock Capital Management LLC (2.07%), Franklin Resources Inc. (1.30%), Tybourne Capital Management HK Ltd. (1.21%), Geode Capital Management LLC (1.09%) and Gilder Gagnon Howe & Co. LLC (1.07%). Company insiders that own MongoDB stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon and Thomas Bull.
View institutional ownership trends for MongoDB.

MDB stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Lone Pine Capital LLC, William Blair Investment Management LLC, Franklin Resources Inc., SRS Investment Management LLC, Price T Rowe Associates Inc. MD, Capital International Investors, and Whale Rock Capital Management LLC. Company insiders that have sold MongoDB company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon, and Thomas Bull.
View insider buying and selling activity for MongoDB or view top insider-selling stocks.

MDB stock was bought by a variety of institutional investors in the last quarter, including Holocene Advisors LP, Renaissance Technologies LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Arrowstreet Capital Limited Partnership, Fiera Capital Corp, Kuvari Partners LLP, and Schonfeld Strategic Advisors LLC.
View insider buying and selling activity for MongoDB or or view top insider-buying stocks.

Shares of MDB 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.
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One share of MDB stock can currently be purchased for approximately $334.10.

MongoDB has a market capitalization of $20.44 billion and generates $590.38 million in revenue each year. The company earns $-266,940,000.00 in net income (profit) each year or ($3.52) on an earnings per share basis.

MongoDB employs 2,539 workers across the globe.

MongoDB was founded in 2007.

The official website for MongoDB is www.mongodb.com.

MongoDB is headquartered at 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019.

MongoDB's mailing address is 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019. The company can be reached via phone at 646-727-4092 or via email at [email protected]