MongoDB (NASDAQ:MDB) Stock Rating Upgraded by Mizuho

MongoDB (NASDAQ:MDB) was upgraded by analysts at Mizuho from a “neutral” rating to an “outperform” rating in a research note issued on Monday, Marketbeat.com reports. The firm presently has a $325.00 price objective on the stock, up from their previous price objective of $290.00. Mizuho’s target price suggests a potential upside of 28.07% from the stock’s previous close.

A number of other research firms have also commented on MDB. DA Davidson lowered their target price on shares of MongoDB from $465.00 to $385.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Morgan Stanley increased their price target on MongoDB from $400.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Guggenheim restated a “buy” rating and issued a $475.00 price target on shares of MongoDB in a research report on Tuesday, March 3rd. Citigroup decreased their price objective on MongoDB from $435.00 to $400.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Finally, Piper Sandler dropped their price objective on MongoDB from $490.00 to $330.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $355.24.

MongoDB Trading Down 7.1%

MongoDB stock opened at $253.76 on Monday. The company has a market cap of $20.39 billion, a PE ratio of -288.36 and a beta of 1.40. MongoDB has a 1 year low of $140.78 and a 1 year high of $444.72. The company’s 50-day moving average is $332.43 and its two-hundred day moving average is $351.57.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Monday, March 2nd. The company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.47 by $0.18. The company had revenue of $695.07 million during the quarter, compared to analysts’ expectations of $669.40 million. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. MongoDB’s revenue was up 26.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.28 EPS. Research analysts forecast that MongoDB will post -1.78 EPS for the current year.

Insider Transactions at MongoDB

In related news, Director Dwight A. Merriman sold 1,190 shares of MongoDB stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $369.75, for a total value of $440,002.50. Following the sale, the director owned 80,462 shares of the company’s stock, valued at approximately $29,750,824.50. This trade represents a 1.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders sold 19,383 shares of company stock valued at $7,910,983. 3.10% of the stock is currently owned by company insiders.

Institutional Trading of MongoDB

A number of hedge funds and other institutional investors have recently made changes to their positions in MDB. Stance Capital LLC bought a new stake in shares of MongoDB in the fourth quarter worth $1,393,000. Rockefeller Capital Management L.P. grew its position in MongoDB by 198.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 13,638 shares of the company’s stock valued at $5,724,000 after purchasing an additional 9,065 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new stake in MongoDB in the 4th quarter valued at $168,000. Corient Private Wealth LLC increased its stake in MongoDB by 41.5% in the 4th quarter. Corient Private Wealth LLC now owns 4,448 shares of the company’s stock valued at $1,867,000 after buying an additional 1,304 shares during the last quarter. Finally, Worthington Financial Partners LLC bought a new stake in MongoDB during the 4th quarter worth about $766,000. 89.29% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Mizuho upgraded MongoDB from “neutral” to “outperform” and raised its price target to $325 (from $290), signaling analyst confidence in upside from current levels and providing a near-term supportive catalyst. Mizuho upgrade
• Positive Sentiment: Corporate leadership strengthening — MongoDB named Ryan Mac Ban as Chief Revenue Officer (effective April 27) to lead global sales, following the recent Chief Customer Officer hire. This is a constructive go‑to‑market move that could support revenue execution. CRO appointment
• Neutral Sentiment: Multiple short-interest reports flagged a “significant increase” in March but show 0 shares / NaN increases and 0.0 days-to-cover — this appears to be a data/reporting error rather than a real change in short positioning. Investors should treat these short-interest items cautiously and wait for corrected data before drawing conclusions.
• Neutral Sentiment: Industry context: a comparative piece looks at MongoDB vs. ServiceNow on AI exposure and upside potential — useful for longer-term positioning but not an immediate price mover. Zacks comparison
• Neutral Sentiment: Recent fundamentals: MongoDB beat March-quarter revenue and EPS estimates (revenue growth ~27%), but still shows negative net margin/ROE and analysts forecast negative EPS for the current fiscal year — a mixed fundamental backdrop that supports debate over valuation and near-term execution.
• Negative Sentiment: News-driven selling: an MSN article cites reasons for today’s decline (market reaction/concerns are summarized there). This negative coverage likely amplified intraday selling pressure. Why MDB is falling

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.