Weekly Analysts’ Ratings Changes for MongoDB (MDB)

A number of research firms have changed their ratings and price targets for MongoDB (NASDAQ: MDB):

• 6/5/2025 – MongoDB had its price target raised by analysts at Scotiabank from $160.00 to $230.00. They now have a “sector perform” rating on the stock.
• 6/5/2025 – MongoDB had its price target raised by analysts at Barclays PLC from $252.00 to $270.00. They now have an “overweight” rating on the stock.
• 6/5/2025 – MongoDB had its price target raised by analysts at Cantor Fitzgerald from $252.00 to $271.00. They now have an “overweight” rating on the stock.
• 6/5/2025 – MongoDB had its price target raised by analysts at Piper Sandler from $200.00 to $275.00. They now have an “overweight” rating on the stock.
• 6/5/2025 – MongoDB had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $320.00 price target on the stock.
• 6/5/2025 – MongoDB had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $300.00 price target on the stock.
• 6/5/2025 – MongoDB had its price target raised by analysts at UBS Group AG from $213.00 to $240.00. They now have a “neutral” rating on the stock.
• 6/5/2025 – MongoDB had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $345.00 price target on the stock.
• 6/5/2025 – MongoDB had its price target raised by analysts at Bank of America Co. from $215.00 to $275.00. They now have a “buy” rating on the stock.
• 6/5/2025 – MongoDB had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $275.00 price target on the stock.
• 6/5/2025 – MongoDB had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $270.00 price target on the stock.
• 6/5/2025 – MongoDB had its price target lowered by analysts at Rosenblatt Securities from $305.00 to $290.00. They now have a “buy” rating on the stock.
• 6/5/2025 – MongoDB had its price target raised by analysts at Guggenheim from $235.00 to $260.00. They now have a “buy” rating on the stock.
• 6/5/2025 – MongoDB was upgraded by analysts at Monness Crespi & Hardt from a “neutral” rating to a “buy” rating. They now have a $295.00 price target on the stock.
• 5/28/2025 – MongoDB had its price target lowered by analysts at Guggenheim from $300.00 to $235.00. They now have a “buy” rating on the stock.
• 5/20/2025 – MongoDB had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $320.00 price target on the stock.
• 5/20/2025 – MongoDB was downgraded by analysts at Loop Capital from a “buy” rating to a “hold” rating. They now have a $190.00 price target on the stock, down previously from $350.00.
• 5/16/2025 – MongoDB had its price target lowered by analysts at Barclays PLC from $280.00 to $252.00. They now have an “overweight” rating on the stock.
• 4/25/2025 – MongoDB had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a $160.00 price target on the stock, down previously from $240.00.
• 4/23/2025 – MongoDB had its price target lowered by analysts at Piper Sandler from $280.00 to $200.00. They now have an “overweight” rating on the stock.
• 4/17/2025 – MongoDB was upgraded by analysts at Redburn Atlantic from a “sell” rating to a “neutral” rating. They now have a $170.00 price target on the stock.
• 4/16/2025 – MongoDB had its price target lowered by analysts at Morgan Stanley from $315.00 to $235.00. They now have an “overweight” rating on the stock.
• 4/15/2025 – MongoDB had its price target lowered by analysts at Mizuho from $250.00 to $190.00. They now have a “neutral” rating on the stock.
• 4/11/2025 – MongoDB had its price target lowered by analysts at Stifel Nicolaus from $340.00 to $275.00. They now have a “buy” rating on the stock.

MongoDB Trading Up 12.8%

Shares of MDB stock opened at $225.38 on Friday. MongoDB, Inc. has a 12 month low of $140.78 and a 12 month high of $370.00. The stock has a market cap of $18.30 billion, a PE ratio of -82.26 and a beta of 1.40. The company’s fifty day moving average price is $175.65 and its 200-day moving average price is $230.40.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings results on Wednesday, June 4th. The company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.35. The company had revenue of $549.01 million for the quarter, compared to analysts’ expectations of $527.49 million. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. MongoDB’s revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS. On average, sell-side analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Hope F. Cochran sold 1,175 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $174.69, for a total value of $205,260.75. Following the completion of the sale, the director now directly owns 19,333 shares of the company’s stock, valued at approximately $3,377,281.77. This represents a 5.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Thomas Bull sold 301 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $173.25, for a total transaction of $52,148.25. Following the completion of the sale, the chief accounting officer now directly owns 14,598 shares of the company’s stock, valued at $2,529,103.50. This represents a 2.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,203 shares of company stock valued at $3,848,569 in the last quarter. 3.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On MongoDB

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its holdings in MongoDB by 2.0% in the 4th quarter. HighTower Advisors LLC now owns 18,773 shares of the company’s stock worth $4,371,000 after acquiring an additional 372 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in MongoDB by 68.0% in the 4th quarter. Jones Financial Companies Lllp now owns 1,020 shares of the company’s stock worth $237,000 after acquiring an additional 413 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in MongoDB by 56.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 370 shares of the company’s stock worth $87,000 after acquiring an additional 134 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in MongoDB by 12.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,168 shares of the company’s stock worth $272,000 after acquiring an additional 133 shares in the last quarter. Finally, Stanley Laman Group Ltd. purchased a new stake in MongoDB in the 4th quarter worth approximately $7,520,000. 89.29% of the stock is owned by hedge funds and other institutional investors.

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.