Analysts’ Recent Ratings Changes for MongoDB (MDB)

Several brokerages have updated their recommendations and price targets on shares of MongoDB (NASDAQ: MDB) in the last few weeks:

• 4/23/2025 – MongoDB had its price target lowered by analysts at Piper Sandler from $280.00 to $200.00. They now have an “overweight” rating on the stock.
• 4/17/2025 – MongoDB was upgraded by analysts at Redburn Atlantic from a “sell” rating to a “neutral” rating. They now have a $170.00 price target on the stock.
• 4/16/2025 – MongoDB had its price target lowered by analysts at Morgan Stanley from $315.00 to $235.00. They now have an “overweight” rating on the stock.
• 4/15/2025 – MongoDB had its price target lowered by analysts at Mizuho from $250.00 to $190.00. They now have a “neutral” rating on the stock.
• 4/11/2025 – MongoDB had its price target lowered by analysts at Stifel Nicolaus from $340.00 to $275.00. They now have a “buy” rating on the stock.
• 4/1/2025 – MongoDB was upgraded by analysts at Daiwa America to a “strong-buy” rating.
• 4/1/2025 – MongoDB is now covered by analysts at Daiwa Capital Markets. They set an “outperform” rating and a $202.00 price target on the stock.
• 4/1/2025 – MongoDB had its price target lowered by analysts at Citigroup Inc. from $430.00 to $330.00. They now have a “buy” rating on the stock.
• 3/31/2025 – MongoDB had its price target lowered by analysts at Truist Financial Co. from $300.00 to $275.00. They now have a “buy” rating on the stock.
• 3/7/2025 – MongoDB had its price target lowered by analysts at Macquarie from $300.00 to $215.00. They now have a “neutral” rating on the stock.
• 3/6/2025 – MongoDB had its “buy” rating reaffirmed by analysts at Citigroup Inc..
• 3/6/2025 – MongoDB had its price target lowered by analysts at Barclays PLC from $330.00 to $280.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Piper Sandler from $425.00 to $280.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Morgan Stanley from $350.00 to $315.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Oppenheimer Holdings Inc. from $400.00 to $330.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Royal Bank of Canada from $400.00 to $320.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Wedbush from $360.00 to $300.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Robert W. Baird from $390.00 to $300.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB was downgraded by analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating. They now have a $225.00 price target on the stock, down previously from $365.00.
• 3/6/2025 – MongoDB had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $390.00 to $335.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Stifel Nicolaus from $425.00 to $340.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Truist Financial Co. from $400.00 to $300.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Bank of America Co. from $420.00 to $286.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Canaccord Genuity Group Inc. from $385.00 to $320.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Needham & Company LLC from $415.00 to $270.00. They now have a “buy” rating on the stock.
• 3/5/2025 – MongoDB had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a $240.00 price target on the stock, down previously from $275.00.
• 3/5/2025 – MongoDB is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $344.00 price target on the stock.
• 3/5/2025 – MongoDB was downgraded by analysts at KeyCorp from a “strong-buy” rating to a “hold” rating.
• 3/4/2025 – MongoDB was given a new $350.00 price target on by analysts at UBS Group AG.
• 3/4/2025 – MongoDB had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $350.00 price target on the stock.
• 3/3/2025 – MongoDB was upgraded by analysts at Monness Crespi & Hardt from a “sell” rating to a “neutral” rating.
• 3/3/2025 – MongoDB had its price target lowered by analysts at Loop Capital from $400.00 to $350.00. They now have a “buy” rating on the stock.

MongoDB Stock Up 6.5 %

NASDAQ MDB opened at $173.21 on Friday. MongoDB, Inc. has a 12-month low of $140.78 and a 12-month high of $387.19. The firm’s 50 day moving average is $197.65 and its 200-day moving average is $249.73. The company has a market capitalization of $14.06 billion, a PE ratio of -63.22 and a beta of 1.49.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings results on Wednesday, March 5th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The company had revenue of $548.40 million during the quarter, compared to the consensus estimate of $519.65 million. During the same quarter in the prior year, the business earned $0.86 earnings per share. As a group, sell-side analysts expect that MongoDB, Inc. will post -1.78 EPS for the current year.

Insider Activity

In other MongoDB news, CAO Thomas Bull sold 301 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $173.25, for a total value of $52,148.25. Following the transaction, the chief accounting officer now directly owns 14,598 shares of the company’s stock, valued at $2,529,103.50. This represents a 2.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Dev Ittycheria sold 8,335 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $279.99, for a total transaction of $2,333,716.65. Following the sale, the chief executive officer now owns 217,294 shares of the company’s stock, valued at $60,840,147.06. This trade represents a 3.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 47,680 shares of company stock valued at $10,819,027. 3.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MDB. Vanguard Group Inc. boosted its stake in shares of MongoDB by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 7,328,745 shares of the company’s stock valued at $1,706,205,000 after buying an additional 23,942 shares during the period. Franklin Resources Inc. boosted its stake in shares of MongoDB by 9.7% in the 4th quarter. Franklin Resources Inc. now owns 2,054,888 shares of the company’s stock valued at $478,398,000 after purchasing an additional 181,962 shares in the last quarter. Geode Capital Management LLC boosted its position in MongoDB by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 1,252,142 shares of the company’s stock valued at $290,987,000 after buying an additional 22,106 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of MongoDB by 12.6% during the 4th quarter. First Trust Advisors LP now owns 854,906 shares of the company’s stock valued at $199,031,000 after acquiring an additional 95,893 shares in the last quarter. Finally, Norges Bank bought a new stake in MongoDB during the 4th quarter worth $189,584,000. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.