MongoDB, Inc. (NASDAQ:MDB) Given Average Rating of “Moderate Buy” by Brokerages

MongoDB, Inc. (NASDAQ:MDB) has been assigned an average rating of “Moderate Buy” from the thirty-eight ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation, twenty-six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $354.1818.

A number of equities analysts have issued reports on the company. Wedbush lowered their price target on MongoDB from $440.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 3rd. Bank of America restated a “buy” rating on shares of MongoDB in a research report on Tuesday, March 3rd. Sanford C. Bernstein downgraded MongoDB from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $425.00 target price on shares of MongoDB in a research report on Monday, March 2nd. Finally, BMO Capital Markets restated an “outperform” rating and issued a $340.00 target price (down from $400.00) on shares of MongoDB in a research report on Tuesday, March 3rd.

Insider Buying and Selling at MongoDB

In other news, Director Dwight A. Merriman sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $407.70, for a total value of $4,077,000.00. Following the completion of the sale, the director directly owned 1,031,316 shares in the company, valued at $420,467,533.20. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 19,383 shares of company stock worth $7,910,983. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Stance Capital LLC purchased a new position in shares of MongoDB during the 4th quarter worth $1,393,000. Rockefeller Capital Management L.P. increased its position in MongoDB by 198.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 13,638 shares of the company’s stock worth $5,724,000 after purchasing an additional 9,065 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in MongoDB during the fourth quarter worth about $168,000. Corient Private Wealth LLC raised its stake in MongoDB by 41.5% during the fourth quarter. Corient Private Wealth LLC now owns 4,448 shares of the company’s stock worth $1,867,000 after purchasing an additional 1,304 shares during the period. Finally, Worthington Financial Partners LLC acquired a new position in MongoDB in the 4th quarter valued at about $766,000. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Large call buying: Investors purchased an unusually high number of call options (36,130), signaling sizable bullish speculative interest and potential upside hedging from institutional players. MongoDB Options Surge Sparks Nasdaq Composite Focus
• Positive Sentiment: Brokerage consensus leans buy: Recent write-ups summarize that the average brokerage recommendation favors investing in MDB, which can support demand for shares if upgrades or reiterated buys follow. Brokers Suggest Investing in MongoDB (Yahoo)
• Neutral Sentiment: High-profile mention: Jim Cramer previously highlighted MDB as an AI-related pick, keeping the name in retail and cable-driven rotation; useful for attention but not new fundamental information. Jim Cramer Recommended MongoDB
• Neutral Sentiment: Analyst coverage context: Multiple pieces revisit the role and limits of sell‑side recommendations — supportive but often optimistic, so coverage may buoy shares without changing fundamentals. Zacks: Brokers Suggest Investing in MongoDB
• Negative Sentiment: Heavy put buying: Investors also purchased a large number of put options (23,831), a bearish signal that can indicate downside hedging or directional bets and can pressure the stock if sellers hedge by selling shares. Investors Buy Large Volume of Put Options on MongoDB
• Negative Sentiment: Unusually large overall options flow: Multiple outlets report extremely elevated options volume (both calls and puts up ~2,000% vs. normal), which typically increases short‑term volatility and can accelerate downside moves as hedging flows play out. MongoDB Target of Unusually Large Options Trading

MongoDB Stock Performance

MDB opened at $261.16 on Friday. The company has a fifty day moving average of $338.48 and a two-hundred day moving average of $351.90. The stock has a market capitalization of $21.26 billion, a price-to-earnings ratio of -296.77 and a beta of 1.40. MongoDB has a fifty-two week low of $140.78 and a fifty-two week high of $444.72.

MongoDB (NASDAQ:MDB) last posted its earnings results on Monday, March 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $695.07 million for the quarter, compared to analyst estimates of $669.40 million. During the same period in the prior year, the company posted $1.28 EPS. The company’s revenue for the quarter was up 26.8% on a year-over-year basis. On average, equities research analysts forecast that MongoDB will post -1.78 earnings per share for the current year.

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.