NASDAQ:MDB - Mongodb Stock Price, Forecast & News

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

Mongodb Inc (NASDAQ:MDB) released its quarterly earnings data on Monday, December, 9th. The company reported ($0.26) EPS for the quarter, beating analysts' consensus estimates of ($0.58) by $0.32. The business had revenue of $109.40 million for the quarter, compared to the consensus estimate of $97.47 million. Mongodb had a negative return on equity of 46.17% and a negative net margin of 35.22%. The business's revenue for the quarter was up 52.4% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.30) EPS. View Mongodb's Earnings History.

Mongodb is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Mongodb.

Mongodb updated its FY20 earnings guidance on Monday, December, 9th. The company provided earnings per share guidance of ($1.04-1.02) for the period, compared to the Thomson Reuters consensus estimate of ($1.07). The company issued revenue guidance of $407.2-409.2, compared to the consensus revenue estimate of $394.22 million.

16 equities research analysts have issued 1-year price targets for Mongodb's stock. Their forecasts range from $78.00 to $195.00. On average, they anticipate Mongodb's stock price to reach $165.08 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Mongodb.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mongodb in the last year. There are currently 1 sell rating, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mongodb.

News articles about MDB stock have trended negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mongodb earned a news impact score of -2.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Mongodb.

Some companies that are related to Mongodb include Electronic Arts (EA), Square (SQ), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), NortonLifeLock (NLOK), Symantec (SYMC), Check Point Software Technologies (CHKP), Paycom Software (PAYC), Twilio (TWLO), Atlassian (TEAM), SS&C Technologies (SSNC) and Citrix Systems (CTXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mongodb investors own include NVIDIA (NVDA), Twilio (TWLO), Trade Desk (TTD), Okta (OKTA), Shopify (SHOP), Netflix (NFLX), Square (SQ), Alibaba Group (BABA), Paypal (PYPL) and salesforce.com (CRM).

(MDB) raised $152 million in an 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 acted as the underwriters for the IPO and Stifel and Canaccord Genuity JMP Securities were co-managers.

Mongodb's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Spence Asset Management (0.10%), Selz Capital LLC (0.08%), Xcel Wealth Management LLC (0.03%), AE Wealth Management LLC (0.03%), Winfield Associates Inc. (0.02%) and IFM Investors Pty Ltd (0.01%). 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 Winfield Associates Inc. and IFM Investors Pty Ltd. 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, Michael Lawrence Gordon and Thomas Bull. View Insider Buying and Selling for Mongodb.

MDB stock was bought by a variety of institutional investors in the last quarter, including Selz Capital LLC, Xcel Wealth Management LLC, Alpine Global Management LLC, AE Wealth Management LLC, Spence Asset Management, FNY Investment Advisers LLC and Nisa Investment Advisors LLC. 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 $149.39.

Mongodb has a market capitalization of $8.48 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.