Barclays Issues Pessimistic Forecast for MongoDB (NASDAQ:MDB) Stock Price

MongoDB (NASDAQ:MDB) had its price objective decreased by investment analysts at Barclays from $440.00 to $370.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s target price would indicate a potential upside of 49.19% from the company’s current price.

MDB has been the topic of a number of other research reports. Truist Financial decreased their target price on MongoDB from $500.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday. Morgan Stanley upped their price objective on shares of MongoDB from $400.00 to $440.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Stifel Nicolaus increased their price objective on shares of MongoDB from $375.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Finally, Royal Bank Of Canada reduced their price target on shares of MongoDB from $500.00 to $395.00 and set an “outperform” rating for the company in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $353.12.

MongoDB Stock Down 1.9%

NASDAQ:MDB opened at $248.01 on Tuesday. MongoDB has a 52 week low of $140.78 and a 52 week high of $444.72. The stock’s 50-day moving average price is $375.80 and its 200-day moving average price is $351.28. The stock has a market capitalization of $20.19 billion, a PE ratio of -281.83 and a beta of 1.40.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.18. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The company had revenue of $695.07 million during the quarter, compared to analysts’ expectations of $669.40 million. During the same quarter in the prior year, the firm posted $1.28 EPS. MongoDB’s quarterly revenue was up 26.8% compared to the same quarter last year. Sell-side analysts expect that MongoDB will post -1.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In other MongoDB news, CAO Thomas Bull sold 555 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $413.86, for a total transaction of $229,692.30. Following the completion of the sale, the chief accounting officer directly owned 10,784 shares of the company’s stock, valued at $4,463,066.24. This represents a 4.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Roelof Botha sold 24,850 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the sale, the director directly owned 194,600 shares of the company’s stock, valued at $78,978,410. The trade was a 11.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 57,354 shares of company stock worth $23,474,994. Insiders own 3.10% of the company’s stock.

Institutional Trading of MongoDB

Several hedge funds have recently modified their holdings of the business. Employees Provident Fund Board acquired a new position in MongoDB during the fourth quarter worth $203,365,000. Bank of Hawaii lifted its holdings in MongoDB by 1.8% in the fourth quarter. Bank of Hawaii now owns 4,012 shares of the company’s stock valued at $1,684,000 after acquiring an additional 72 shares during the period. Reflection Asset Management purchased a new stake in shares of MongoDB during the 4th quarter worth $66,000. Sankala Group LLC acquired a new position in shares of MongoDB during the 4th quarter worth $73,000. Finally, Pacer Advisors Inc. grew its stake in shares of MongoDB by 78.5% during the 4th quarter. Pacer Advisors Inc. now owns 8,118 shares of the company’s stock worth $3,407,000 after purchasing an additional 3,569 shares during the period. 89.29% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus — revenue and EPS exceeded estimates and Atlas contributed ~72% of quarterly revenue, showing continued top-line strength and improving margins. This supports the long-term growth narrative for MongoDB. Article Title
• Positive Sentiment: Full-year FY27 guidance was framed as stronger than the quarter’s cautious Q1 guide — management expects FY27 revenue and EPS growth above consensus, which could support upside later in the year if execution matches commentary. Article Title
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference (transcript available) — useful for incremental color on go-to-market and AI strategy but not a market-moving surprise on its own. Article Title
• Neutral Sentiment: Analyst buy ratings remain in place at several firms (Guggenheim, Rosenblatt, Citi, others) despite cuts to price targets — indicates many sell-side shops still see upside versus the current depressed level, though timelines vary. Article Title
• Negative Sentiment: Weak near-term guidance and profit outlook sent shares sharply lower — the Q1 guidance and conservative short-term profit outlook were the immediate catalyst for a large sell-off as investors repriced growth/timing of AI-related revenue. Article Title
• Negative Sentiment: Executive departures (sales leadership changes) heightened uncertainty — management turnover amplified investor concern about near-term commercial execution. Coverage summarized at MarketBeat and Seeking Alpha. Article Title
• Negative Sentiment: Wide wave of analyst price-target cuts — numerous firms trimmed targets (UBS, Canaccord, Piper, Oppenheimer, Mizuho, others) which increases downward pressure and reduces conviction among short-term holders even where ratings were maintained. Representative coverage: Benzinga summaries of PT moves. Article Title
• Negative Sentiment: Downgrades/holding calls (e.g., Zacks moved to “hold”, Baird neutral) add to selling momentum from momentum traders and funds that track ratings/flows. Article Title

MongoDB Company Profile

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.