MongoDB (NASDAQ:MDB) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

MongoDB (NASDAQ:MDB) had its price objective boosted by stock analysts at Stifel Nicolaus from $375.00 to $450.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 10.85% from the company’s current price.

A number of other research firms also recently issued reports on MDB. Barclays increased their price objective on shares of MongoDB from $390.00 to $415.00 and gave the company an “overweight” rating in a research note on Tuesday. Zacks Research cut MongoDB from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Robert W. Baird upped their price objective on MongoDB from $260.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 27th. Bank of America raised their price objective on MongoDB from $440.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Citizens Jmp boosted their target price on shares of MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $412.25.

MongoDB Stock Up 1.0%

MDB stock opened at $405.94 on Tuesday. The company has a fifty day simple moving average of $336.98 and a two-hundred day simple moving average of $271.32. The firm has a market capitalization of $33.03 billion, a P/E ratio of -466.60 and a beta of 1.45. MongoDB has a 52 week low of $140.78 and a 52 week high of $419.50.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $0.79 by $0.53. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.11%. The company had revenue of $628.31 million for the quarter, compared to the consensus estimate of $592.98 million. During the same period in the prior year, the firm posted $1.16 EPS. The firm’s revenue was up 18.7% compared to the same quarter last year. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. As a group, analysts anticipate that MongoDB will post -1.78 EPS for the current year.

Insider Activity

In other MongoDB news, Director Charles M. Hazard, Jr. sold 833 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $326.13, for a total value of $271,666.29. Following the transaction, the director directly owned 44,867 shares of the company’s stock, valued at $14,632,474.71. This trade represents a 1.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dwight A. Merriman sold 10,000 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $338.52, for a total value of $3,385,200.00. Following the transaction, the director directly owned 1,055,316 shares in the company, valued at $357,245,572.32. This trade represents a 0.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 91,172 shares of company stock worth $29,810,450. 3.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of MDB. Allworth Financial LP raised its position in MongoDB by 23.1% in the third quarter. Allworth Financial LP now owns 1,167 shares of the company’s stock valued at $362,000 after purchasing an additional 219 shares during the period. Swiss Life Asset Management Ltd grew its holdings in MongoDB by 33.1% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 8,264 shares of the company’s stock worth $2,565,000 after acquiring an additional 2,056 shares in the last quarter. Cambria Investment Management L.P. boosted its holdings in MongoDB by 1.5% in the third quarter. Cambria Investment Management L.P. now owns 7,050 shares of the company’s stock valued at $2,188,000 after purchasing an additional 102 shares in the last quarter. Strategic Advocates LLC acquired a new stake in MongoDB during the 3rd quarter worth $43,000. Finally, CIBC Bancorp USA Inc. purchased a new position in MongoDB during the 3rd quarter worth approximately $909,000. Institutional investors and hedge funds own 89.29% of the company’s stock.

About MongoDB

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.