MongoDB Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last twelve months. There are currently 1 sell rating, 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MongoDB stock.
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16 analysts have issued 1-year target prices for MongoDB's stock. Their MDB stock forecasts range from $190.00 to $630.00. On average, they predict MongoDB's share price to reach $397.25 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price.
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MongoDB's stock was trading at $529.35 at the beginning of 2022. Since then, MDB shares have decreased by 47.5% and is now trading at $277.76.
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MongoDB is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
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MongoDB, Inc. (NASDAQ:MDB) issued its quarterly earnings results on Wednesday, June, 1st. The company reported $0.20 EPS for the quarter, beating the consensus estimate of ($1.34) by $1.54. The company earned $285.45 million during the quarter, compared to analyst estimates of $267.10 million. MongoDB had a negative trailing twelve-month return on equity of 45.56% and a negative net margin of 32.75%. The company's quarterly revenue was up 57.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.98) earnings per share.
View MongoDB's earnings history.

MongoDB issued an update on its FY 2023 earnings guidance on Wednesday, June, 29th. The company provided earnings per share (EPS) guidance of -$0.31--$0.16 for the period, compared to the consensus earnings per share estimate of -$0.37. The company issued revenue guidance of $1.17 billion-$1.19 billion, compared to the consensus revenue estimate of $1.18 billion.

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 NetEase (NTES), Activision Blizzard (ATVI), Dassault Systèmes (DASTY), VMware (VMW), Synopsys (SNPS), Snowflake (SNOW), Cadence Design Systems (CDNS), CrowdStrike (CRWD), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Veeva Systems (VEEV), Datadog (DDOG), Atlassian (TEAM) and ANSYS (ANSS).
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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), Shopify (SHOP), Twilio (TWLO), Salesforce (CRM), Square (SQ), PayPal (PYPL), Alibaba Group (BABA) and Netflix (NFLX).

(MDB) raised $152 million in an initial public offering 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 a number of institutional and retail investors. Top institutional investors include Capital World Investors (9.54%), Vanguard Group Inc. (8.84%), State Street Corp (1.99%), Capital Research Global Investors (1.88%), 1832 Asset Management L.P. (1.52%) and Wellington Management Group LLP (1.00%). Company insiders that own MongoDB stock include Cedric Pech, Charles M Hazard Jr, Charles M Hazard, Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Etienne Montagut, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon, Ronald N Tutor and Thomas Bull.
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MDB stock was sold by a variety of institutional investors in the last quarter, including Tybourne Capital Management HK Ltd., Lord Abbett & CO. LLC, Capital International Investors, IMC Chicago LLC, Capital World Investors, Gilder Gagnon Howe & Co. LLC, Growth Interface Management LLC, and SQN Investors LP. Company insiders that have sold MongoDB company stock in the last two years include Cedric Pech, Charles M Hazard Jr, Charles M Hazard, Jr, Dev Ittycheria, Dwight A Merriman, Eliot Horowitz, Etienne Montagut, Hope F Cochran, John Dennis Mcmahon, Mark Porter, Michael Lawrence Gordon, Ronald N Tutor, and Thomas Bull.
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MDB stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, 1832 Asset Management L.P., Wellington Management Group LLP, Twin Tree Management LP, Vanguard Group Inc., TD Asset Management Inc., Jane Street Group LLC, and First Trust Advisors LP.
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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 $277.76.

MongoDB (NASDAQ:MDB) has a market capitalization of $18.92 billion and generates $873.78 million in revenue each year. The company earns $-306.87 million in net income (profit) each year or ($4.840010) on an earnings per share basis.

MongoDB employs 3,544 workers across the globe.

MongoDB was founded in 2007.

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