MongoDB, Inc. (NASDAQ:MDB) Receives Consensus Rating of “Moderate Buy” from Analysts

MongoDB, Inc. (NASDAQ:MDB) has been given a consensus rating of “Moderate Buy” by the thirty-six research firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $394.4516.

A number of brokerages have recently issued reports on MDB. DA Davidson reaffirmed a “buy” rating and set a $375.00 target price on shares of MongoDB in a research report on Friday, May 29th. Weiss Ratings lowered MongoDB from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. Guggenheim reaffirmed a “buy” rating and set a $475.00 target price on shares of MongoDB in a research report on Friday, May 29th. Sanford C. Bernstein lowered MongoDB from an “outperform” rating to a “market perform” rating in a research report on Tuesday, March 3rd. Finally, Cantor Fitzgerald boosted their target price on MongoDB from $378.00 to $416.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th.

Trending Headlines about MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB’s recent earnings and guidance remain a key bullish backdrop, with the company beating expectations and showing 25%+ revenue growth, which continues to support the long-term growth story. MongoDB Is the Latest SaaS Apocalypse Victim to Say “Not Today”
• Positive Sentiment: UBS raised its price target on MongoDB, reinforcing the bullish analyst response to the earnings report and helping explain the recent surge in the stock. MongoDB (MDB) Soars 20.4% as UBS Raises PT by Double-Digits
• Positive Sentiment: Scotiabank lifted its FY2027 EPS estimate, signaling improving profit expectations and suggesting analysts see more earnings leverage ahead. Scotiabank estimate update
• Positive Sentiment: MongoDB’s conference appearances kept investor attention on the company’s AI and growth narrative, which can support sentiment after a big earnings move. MongoDB, Inc. (MDB) Presents at 46th Annual William Blair Growth Stock Conference Transcript

Insiders Place Their Bets

In other MongoDB news, Director Dwight A. Merriman sold 6,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $314.98, for a total transaction of $1,889,880.00. Following the sale, the director directly owned 470,896 shares of the company’s stock, valued at $148,322,822.08. The trade was a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Hope F. Cochran sold 1,000 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $350.00, for a total transaction of $350,000.00. Following the sale, the director directly owned 27,010 shares in the company, valued at approximately $9,453,500. This trade represents a 3.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,566 shares of company stock worth $9,094,791 over the last ninety days. 2.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Central Pacific Bank Trust Division acquired a new position in MongoDB during the fourth quarter valued at $28,000. Cornerstone Planning Group LLC raised its position in 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 buying an additional 61 shares during the period. International Assets Investment Management LLC acquired a new position in MongoDB during the fourth quarter valued at $33,000. Root Financial Partners LLC raised its position in MongoDB by 58.2% during the fourth quarter. Root Financial Partners LLC now owns 87 shares of the company’s stock valued at $37,000 after buying an additional 32 shares during the period. Finally, Global Trust Asset Management LLC acquired a new position in MongoDB during the fourth quarter valued at $38,000. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB Stock Performance

MDB opened at $368.32 on Thursday. MongoDB has a one year low of $193.87 and a one year high of $444.72. The stock’s fifty day moving average is $280.76 and its 200-day moving average is $334.04. The company has a market capitalization of $29.60 billion, a PE ratio of -995.46 and a beta of 1.57.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings data on Thursday, May 28th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.13. The company had revenue of $687.62 million for the quarter, compared to the consensus estimate of $664.53 million. MongoDB had a negative return on equity of 1.39% and a negative net margin of 1.12%.The company’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.00 EPS. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. On average, equities research analysts forecast that MongoDB will post -0.42 EPS for the current fiscal year.

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.