Top-Rated Stocks NASDAQ:MDB MongoDB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MongoDB, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $271.34 -7.01 (-2.52%) (As of 06/29/2022 11:21 AM ET) Add Compare Share Today's Range$269.32▼$280.9950-Day Range$223.61▼$407.0152-Week Range$213.39▼$590.00Volume10,552 shsAverage Volume1.52 million shsMarket Capitalization$18.48 billionP/E RatioN/ADividend YieldN/APrice Target$411.07 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MDB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MongoDB and its competitors with MarketBeat's FREE daily newsletter. Email Address MDB Stock Forecast (MarketRank)Overall MarketRank™2.26 out of 5 starsComputer And Technology Sector328th out of 937 stocksPrepackaged Software Industry96th out of 303 stocksAnalyst Opinion: 4.4Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 - 4.4 Analyst's Opinion Consensus RatingMongoDB has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 14 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $397.25, MongoDB has a forecasted upside of 46.4% from its current price of $271.34.Amount of Analyst CoverageMongoDB has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.4 Community Rank Outperform VotesMongoDB has received 497 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMongoDB has received 267 “underperform” votes. (Add your “underperform” vote.)Community SentimentMongoDB has received 65.05% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about MongoDB and other stocks. Vote “Outperform” if you believe MDB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MDB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldMongoDB does not currently pay a dividend.Dividend GrowthMongoDB does not have a long track record of dividend growth. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MongoDB insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,992,875.00 in company stock.Percentage Held by InsidersOnly 5.70% of the stock of MongoDB is held by insiders.Percentage Held by Institutions88.70% of the stock of MongoDB is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for MongoDB are expected to decrease in the coming year, from ($5.09) to ($5.13) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MongoDB is -56.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of MongoDB is -56.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMongoDB has a P/B Ratio of 27.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MongoDB (NASDAQ:MDB)MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.Read More MDB Stock News HeadlinesJune 9, 2022 | marketbeat.comNow’s The Time To Buy MongoDB (NASDAQ: MDB) After a lackluster first half to the year, it’s looking like shares of MongoDB (NASDAQ: MDB) are finally ready to turn around and start heading north.June 29, 2022 | streetinsider.comUPDATE: Redburn Starts MongoDB (MDB) at Sell - StreetInsider.comJune 26, 2022 | nasdaq.comWhy Datadog, MongoDB, and Twilio Surged This WeekJune 25, 2022 | americanbankingnews.comMongoDB (NASDAQ:MDB) Stock Price Up 7.7%June 24, 2022 | realmoney.thestreet.comMongoDB Is Poised for a Rally - RealMoney - RealMoneyJune 23, 2022 | nasdaq.com3 Reasons to Invest in MongoDB - NasdaqJune 23, 2022 | msn.comWhy CrowdStrike, MongoDB, and Datadog Are Surging TodayJune 23, 2022 | fool.com3 Reasons to Invest in MongoDB - The Motley FoolJune 20, 2022 | americanbankingnews.comBrokerages Set MongoDB, Inc. (NASDAQ:MDB) Target Price at $420.38June 15, 2022 | seekingalpha.comMongoDB Stock Forecast: Where Will It Be By 2025?June 14, 2022 | finance.yahoo.comHere’s What Makes MongoDB (MDB) a Great InvestmentJune 13, 2022 | nasdaq.comFirst Week of MDB July 29th Options TradingJune 13, 2022 | benzinga.comRead Needham's Views On Braze, EPAM, MongoDB - Benzinga - BenzingaSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MDB Previous SymbolNYSE:MDB CUSIPN/A CIK1441816 Webwww.mongodb.com Phone(646) 727-4092FaxN/AEmployees3,544Year Founded2007Company Calendar Last Earnings6/01/2022Today6/29/2022Next Earnings (Estimated)9/01/2022Fiscal Year End1/31/2023Price Target and Rating Average Stock Price Forecast$397.25 High Stock Price Forecast$630.00 Low Stock Price Forecast$190.00 Forecasted Upside/Downside+51.5%Consensus RatingModerate Buy Rating Score (0-4)2.93333333333333 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($4.840010) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-306.87 million Net Margins-32.75% Pretax Margin-32.09% Return on Equity-45.56% Return on Assets-12.81% Debt Debt-to-Equity Ratio1.69 Current Ratio4.16 Quick Ratio4.16 Sales & Book Value Annual Sales$873.78 million Price / Sales21.15 Cash FlowN/A Price / Cash FlowN/A Book Value$9.89 per share Price / Book27.44Miscellaneous Outstanding Shares68,115,000Free Float64,232,000Market Cap$18.48 billion OptionableOptionable Beta1.00 Social Links MongoDB Frequently Asked Questions Should I buy or sell MongoDB stock right now? 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. View analyst ratings for MongoDB or view top-rated stocks. What is MongoDB's stock price forecast for 2022? 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. View analysts' price targets for MongoDB or view top-rated stocks among Wall Street analysts. How has MongoDB's stock performed in 2022? 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. View the best growth stocks for 2022 here. When is MongoDB's next earnings date? MongoDB is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022. View our earnings forecast for MongoDB. How were MongoDB's earnings last quarter? 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. What guidance has MongoDB issued on next quarter's earnings? 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. Who are MongoDB's key executives? MongoDB's management team includes the following people: Mr. Dev C. Ittycheria, Pres, CEO & Director (Age 55, Pay $431.5k)Mr. Dwight A. Merriman, Co-Founder & Director (Age 53, Pay $30k) (LinkedIn Profile)Mr. Michael Lawrence Gordon, COO & CFO (Age 52, Pay $356.5k)Mr. Mark Porter, Chief Technology Officer (Age 55, Pay $356.5k) (LinkedIn Profile)Mr. Cedric Pech, Chief Revenue Officer (Age 48, Pay $1.24M) (LinkedIn Profile)Ms. Lena Smart, Chief Information Security OfficerMr. Andrew Stephens, Gen. Counsel & Corp. Sec.Mr. Peder Ulander, Chief Marketing OfficerMs. Harsha Jalihal, Chief People OfficerMr. Ronnen Miller, Sr. VP of Global Technical Services What is Dev Ittycheria's approval rating as MongoDB's CEO? 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. Who are some of MongoDB's key competitors? 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). View all of MDB's competitors. 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), Square (SQ), PayPal (PYPL), Alibaba Group (BABA) and Netflix (NFLX). When did MongoDB IPO? (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. What is MongoDB's stock symbol? MongoDB trades on the NASDAQ under the ticker symbol "MDB." Who are MongoDB's major shareholders? 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. View institutional ownership trends for MongoDB. Which institutional investors are selling MongoDB stock? 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. View insider buying and selling activity for MongoDB or view top insider-selling stocks. Which institutional investors are buying MongoDB stock? 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. View insider buying and selling activity for MongoDB or or view top insider-buying stocks. How do I buy shares of MongoDB? 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. Compare Top Brokerages Here. What is MongoDB's stock price today? One share of MDB stock can currently be purchased for approximately $277.76. How much money does MongoDB make? 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. How many employees does MongoDB have? MongoDB employs 3,544 workers across the globe. When was MongoDB founded? MongoDB was founded in 2007. How can I contact MongoDB? 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]. 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