S&P 500   4,109.31
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'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
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Urgent Warning (Ad)
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No more room for vroom? Paris votes on banishing e-scooters
Biden To Unleash "Choke Point" Operation On America? (Ad)
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Urgent Warning (Ad)
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
Biden To Unleash "Choke Point" Operation On America? (Ad)
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Urgent Warning (Ad)
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
Biden To Unleash "Choke Point" Operation On America? (Ad)
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Urgent Warning (Ad)
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
Biden To Unleash "Choke Point" Operation On America? (Ad)
NASDAQ:MDB

MongoDB - MDB Stock Forecast, Price & News

$233.12
+14.18 (+6.48%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$218.13
$233.21
50-Day Range
$194.08
$245.86
52-Week Range
$135.15
$471.96
Volume
1.73 million shs
Average Volume
2.04 million shs
Market Capitalization
$16.33 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$253.87

MongoDB MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
8.9% Upside
$253.87 Price Target
Short Interest
Bearish
5.47% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
1.02mentions of MongoDB in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$22.59 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.04) to ($3.82) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Computer And Technology Sector

416th out of 608 stocks

Prepackaged Software Industry

145th out of 210 stocks


MDB stock logo

About MongoDB (NASDAQ:MDB) Stock

MongoDB, Inc. engages in the development and provision of a general-purpose database platform. The firm's products include MongoDB Enterprise Advanced, MongoDB Atlas and Community Server. It also offers professional services including consulting and training. The company was founded by Eliot Horowitz, Dwight A. Merriman, Kevin P. Ryan and Geir Magnusson Jr. in November 2007 and is headquartered in New York, NY.

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MDB Stock News Headlines

Someone Is Buying The Dip In MongoDB
MongoDB falls due to analysts' fears of slowing growth despite the company's outperformance and arguably weak guidance. Someone is buying the dip.
Traders Buy Large Volume of MongoDB Put Options (NASDAQ:MDB)
A strange force is brewing…
An economic force with the potential to be bigger than the 1880s railroad boom, the 1920s automobile boom, the baby boom of the 1960s, or the Dotcom boom of the ‘90s. And while Biden has nothing to do with it… he’ll take full credit. pixel
This Is What Whales Are Betting On MongoDB
MongoDB Target of Unusually High Options Trading (NASDAQ:MDB)
MongoDB Full Year 2023 Earnings: Beats Expectations
A strange force is brewing…
An economic force with the potential to be bigger than the 1880s railroad boom, the 1920s automobile boom, the baby boom of the 1960s, or the Dotcom boom of the ‘90s. And while Biden has nothing to do with it… he’ll take full credit. pixel
3 Reasons to Sell MongoDB Stock
3 Reasons to Buy MongoDB Stock
Why MongoDB Stock Triumphed On Tuesday
Why Tech Stocks Popped on Thursday Afternoon
Is MongoDB (MDB) Stock the Next Big Short Squeeze?
MongoDB Sinks on Downgrade
See More Headlines
Receive MDB Stock News and Ratings via Email

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MDB Company Calendar

Last Earnings
3/08/2023
Today
4/02/2023
Next Earnings (Estimated)
6/07/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MDB
Fax
N/A
Employees
4,619
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$253.87
High Stock Price Forecast
$365.00
Low Stock Price Forecast
$180.00
Forecasted Upside/Downside
+8.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
24 Analysts

Profitability

Net Income
$-345,400,000.00
Pretax Margin
-25.95%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Book Value
$10.56 per share

Miscellaneous

Free Float
66,045,000
Market Cap
$16.33 billion
Optionable
Optionable
Beta
1.00

Social Links


Key Executives

  • Dev C. IttycheriaDev C. Ittycheria
    President, Chief Executive Officer & Director
  • Michael Lawrence Gordon
    Chief Operating & Financial Officer
  • Mark PorterMark Porter
    Chief Technology Officer
  • Cedric PechCedric Pech
    Chief Revenue Officer
  • Lena Smart
    Chief Information Security Officer













MDB Stock - Frequently Asked Questions

Should I buy or sell MongoDB stock right now?

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MongoDB in the last twelve months. There are currently 4 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MDB shares.
View MDB analyst ratings
or view top-rated stocks.

What is MongoDB's stock price forecast for 2023?

24 analysts have issued 1-year target prices for MongoDB's stock. Their MDB share price forecasts range from $180.00 to $365.00. On average, they expect the company's share price to reach $253.87 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for MDB
or view top-rated stocks among Wall Street analysts.

How have MDB shares performed in 2023?

MongoDB's stock was trading at $196.84 at the beginning of 2023. Since then, MDB shares have increased by 18.4% and is now trading at $233.12.
View the best growth stocks for 2023 here
.

When is MongoDB's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023.
View our MDB earnings forecast
.

How were MongoDB's earnings last quarter?

MongoDB, Inc. (NASDAQ:MDB) released its quarterly earnings results on Wednesday, March, 8th. The company reported ($0.98) earnings per share for the quarter, beating analysts' consensus estimates of ($1.18) by $0.20. The business earned $361.31 million during the quarter, compared to the consensus estimate of $335.84 million. MongoDB had a negative net margin of 26.90% and a negative trailing twelve-month return on equity of 48.38%.

What guidance has MongoDB issued on next quarter's earnings?

MongoDB issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 8th. The company provided EPS guidance of $0.17-$0.20 for the period, compared to the consensus estimate of $0.14. The company issued revenue guidance of $344.00 million-$348.00 million, compared to the consensus revenue estimate of $355.93 million.

What is Dev Ittycheria's approval rating as MongoDB's CEO?

346 employees have rated MongoDB Chief Executive Officer Dev Ittycheria on Glassdoor.com. Dev Ittycheria has an approval rating of 97% among the company's employees. This puts Dev Ittycheria in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MongoDB own?

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), Block (SQ), PayPal (PYPL), Alibaba Group (BABA) and Netflix (NFLX).

When did MongoDB IPO?

(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.

What is MongoDB's stock symbol?

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

How do I buy shares of MongoDB?

Shares of MDB stock 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.
Compare Top Brokerages Here.

What is MongoDB's stock price today?

One share of MDB stock can currently be purchased for approximately $233.12.

How much money does MongoDB make?

MongoDB (NASDAQ:MDB) has a market capitalization of $16.33 billion and generates $1.28 billion in revenue each year. The company earns $-345,400,000.00 in net income (profit) each year or ($5.04) on an earnings per share basis.

How many employees does MongoDB have?

The company employs 4,619 workers across the globe.

How can I contact MongoDB?

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

This page (NASDAQ:MDB) was last updated on 4/2/2023 by MarketBeat.com Staff