Monness Crespi & Hardt Has Lowered Expectations for MongoDB (NASDAQ:MDB) Stock Price

MongoDB (NASDAQ:MDB) had its price target lowered by Monness Crespi & Hardt from $475.00 to $370.00 in a report issued on Tuesday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Monness Crespi & Hardt’s target price indicates a potential upside of 49.19% from the company’s previous close.

Several other analysts have also recently commented on the stock. Cantor Fitzgerald lifted their target price on shares of MongoDB from $406.00 to $454.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Bank of America raised their price target on shares of MongoDB from $440.00 to $480.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. DA Davidson reduced their target price on shares of MongoDB from $465.00 to $385.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Wedbush upped their target price on MongoDB from $400.00 to $440.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Finally, Citizens Jmp raised their price target on shares of MongoDB from $435.00 to $475.00 and gave the company a “market outperform” rating in a report on Tuesday, December 2nd. One 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 company. According to data from MarketBeat.com, MongoDB currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.12.

MongoDB Stock Down 1.9%

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

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

Insider Activity

In other MongoDB news, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $405.85, for a total value of $10,085,372.50. Following the transaction, the director directly owned 194,600 shares in the company, valued at $78,978,410. The trade was a 11.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dwight A. Merriman sold 1,190 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $369.75, for a total transaction of $440,002.50. Following the sale, the director directly owned 80,462 shares in the company, valued at $29,750,824.50. This represents a 1.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 57,354 shares of company stock worth $23,474,994 over the last 90 days. 3.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its stake in shares of MongoDB by 1,220.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 61 shares during the period. Central Pacific Bank Trust Division bought a new stake in MongoDB during the 4th quarter worth about $28,000. Huntington National Bank lifted its position in MongoDB by 110.9% during the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 51 shares during the period. International Assets Investment Management LLC acquired a new position in MongoDB during the 4th quarter valued at about $33,000. Finally, Montag A & Associates Inc. boosted its stake in shares of MongoDB by 144.3% in the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after purchasing an additional 101 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

MongoDB News Roundup

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

About MongoDB

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.