Mongodb Stock Price, News & Analysis (NASDAQ:MDB)

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

Mongodb Inc (NASDAQ:MDB) posted its earnings results on Wednesday, September, 4th. The company reported ($0.58) EPS for the quarter, missing the Zacks' consensus estimate of ($0.51) by $0.07. The business earned $99.40 million during the quarter, compared to analysts' expectations of $91.70 million. Mongodb had a negative net margin of 36.58% and a negative return on equity of 43.95%. Mongodb's revenue for the quarter was up 66.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.41) EPS. View Mongodb's Earnings History.

Mongodb is scheduled to release their next quarterly earnings announcement on Tuesday, December 3rd 2019. View Earnings Estimates for Mongodb.

Mongodb issued an update on its FY20 earnings guidance on Wednesday, September, 4th. The company provided earnings per share (EPS) guidance of ($1.11-1.06) for the period, compared to the Thomson Reuters consensus estimate of ($1.06). The company issued revenue guidance of $390-395 million, compared to the consensus revenue estimate of $381.87 million.

14 brokers have issued 12 month target prices for Mongodb's stock. Their forecasts range from $76.00 to $195.00. On average, they expect Mongodb's share price to reach $160.15 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View Analyst Price Targets for Mongodb.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mongodb in the last year. There are currently 1 sell rating, 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mongodb.

News articles about MDB stock have been trending very negative on Thursday, InfoTrie reports. InfoTrie rates the sentiment of press 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 coverage optimism score of -3.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Mongodb.

Mongodb saw a increase in short interest in September. As of September 15th, there was short interest totalling 7,940,000 shares, an increase of 9.2% from the August 15th total of 7,270,000 shares. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 5.0 days. Approximately 17.4% of the shares of the stock are sold short. View Mongodb's Current Options Chain.

Some companies that are related to Mongodb include Square (SQ), Veeva Systems (VEEV), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), Splunk (SPLK), Check Point Software Technologies (CHKP), Twilio (TWLO), Atlassian (TEAM), Tableau Software (DATA), Symantec (SYMC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Okta (OKTA), Citrix Systems (CTXS) and SS&C Technologies (SSNC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mongodb investors own include Twilio (TWLO), Okta (OKTA), NVIDIA (NVDA), Trade Desk (TTD), Shopify (SHOP), Square (SQ), Paypal (PYPL), Alibaba Group (BABA), salesforce.com (CRM) 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 acted as the underwriters for the IPO and Stifel and Canaccord Genuity JMP Securities were co-managers.

Mongodb's stock is owned by a number of of institutional and retail investors. Top institutional investors include Spence Asset Management (0.10%), Nwam LLC (0.01%), Landsberg Bennett & Dubbaneh LLC (0.00%) and Sumitomo Mitsui DS Asset Management Company Ltd (0.00%). Company insiders that own Mongodb stock include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, John Dennis Mcmahon, Kevin P Ryan, Meagen Eisenberg, Michael Lawrence Gordon, Thomas Bull and Whale Rock Capital Management. View Institutional Ownership Trends for Mongodb.

MDB stock was sold by a variety of institutional investors in the last quarter, including Landsberg Bennett & Dubbaneh LLC. Company insiders that have sold Mongodb company stock in the last year include Cedric Pech, Charles M Hazard Jr, Dev Ittycheria, Eliot Horowitz, John Dennis Mcmahon, Kevin P Ryan, Meagen Eisenberg, Michael Lawrence Gordon, Thomas Bull and Whale Rock Capital Management. View Insider Buying and Selling for Mongodb.

MDB stock was purchased by a variety of institutional investors in the last quarter, including Spence Asset Management, Nwam LLC and Sumitomo Mitsui DS Asset Management Company Ltd. 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, Robinhood, Fidelity and Charles Schwab.

One share of MDB stock can currently be purchased for approximately $120.84.

Mongodb has a market capitalization of $6.81 billion and generates $267.02 million in revenue each year. The company earns $-99,010,000.00 in net income (profit) each year or ($1.72) on an earnings per share basis. Mongodb employs 1,212 workers across the globe.View Additional Information About Mongodb.

The official website for Mongodb is http://www.mongodb.com/.

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