MongoDB (NASDAQ:MDB) Price Target Raised to $325.00 at Stifel Nicolaus

MongoDB (NASDAQ:MDB) had its target price raised by Stifel Nicolaus from $275.00 to $325.00 in a research report report published on Wednesday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

Several other equities research analysts also recently weighed in on MDB. Barclays raised their price objective on MongoDB from $270.00 to $305.00 and gave the company an “overweight” rating in a report on Wednesday. JMP Securities reissued a “market outperform” rating and set a $345.00 price objective on shares of MongoDB in a report on Thursday, June 5th. DA Davidson raised their price objective on MongoDB from $275.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada raised their price objective on MongoDB from $320.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Bank of America raised their price objective on MongoDB from $215.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $307.71.

MongoDB Stock Performance

Shares of MDB stock opened at $295.70 on Wednesday. The stock’s fifty day moving average price is $218.36 and its two-hundred day moving average price is $206.87. The company has a market cap of $24.16 billion, a PE ratio of -301.73 and a beta of 1.44. MongoDB has a fifty-two week low of $140.78 and a fifty-two week high of $370.00.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data on Wednesday, June 4th. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.35. MongoDB had a negative return on equity of 1.76% and a negative net margin of 3.54%.The company had revenue of $549.01 million for the quarter, compared to the consensus estimate of $527.49 million. During the same quarter last year, the business posted $0.51 EPS. MongoDB’s revenue for the quarter was up 21.8% on a year-over-year basis. MongoDB has set its FY 2026 guidance at 2.940-3.120 EPS. Q2 2026 guidance at 0.620-0.660 EPS. On average, equities analysts predict that MongoDB will post -1.78 EPS for the current fiscal year.

Insider Activity

In other news, Director Dwight A. Merriman sold 2,000 shares of the business’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $234.00, for a total value of $468,000.00. Following the transaction, the director directly owned 1,107,006 shares of the company’s stock, valued at $259,039,404. The trade was a 0.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Hope F. Cochran sold 1,174 shares of the business’s stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $201.08, for a total value of $236,067.92. Following the completion of the transaction, the director directly owned 21,096 shares in the company, valued at $4,241,983.68. This represents a 5.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 51,416 shares of company stock valued at $11,936,656 in the last ninety days. 3.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cloud Capital Management LLC acquired a new position in MongoDB during the 1st quarter worth approximately $25,000. Hollencrest Capital Management acquired a new position in MongoDB during the 1st quarter worth approximately $26,000. Cullen Frost Bankers Inc. raised its stake in MongoDB by 315.8% during the 1st quarter. Cullen Frost Bankers Inc. now owns 158 shares of the company’s stock worth $28,000 after buying an additional 120 shares during the period. Montag A & Associates Inc. raised its stake in MongoDB by 144.3% during the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock worth $36,000 after buying an additional 101 shares during the period. Finally, Promus Capital LLC acquired a new position in MongoDB during the 2nd quarter worth approximately $36,000. 89.29% of the stock is owned by institutional investors and hedge funds.

About MongoDB

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.