MongoDB, Inc. (NASDAQ:MDB) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of MongoDB, Inc. (NASDAQ:MDB) have earned a consensus recommendation of “Moderate Buy” from the forty-one research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, twenty-nine have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $414.9714.

Several equities research analysts have recently commented on MDB shares. Piper Sandler reissued an “overweight” rating and set a $490.00 target price (up from $400.00) on shares of MongoDB in a research report on Tuesday, December 2nd. BMO Capital Markets boosted their price objective on MongoDB from $415.00 to $455.00 and gave the stock an “outperform” rating in a report on Tuesday, December 2nd. UBS Group raised their target price on MongoDB from $330.00 to $440.00 and gave the company a “neutral” rating in a report on Tuesday, December 2nd. Raymond James Financial started coverage on MongoDB in a research report on Monday, December 15th. They set a “market perform” rating on the stock. Finally, Stifel Nicolaus upped their price target on MongoDB from $375.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd.

Insider Transactions at MongoDB

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total value of $660,617.10. Following the completion of the sale, the director directly owned 25,659 shares of the company’s stock, valued at approximately $10,824,249.15. This represents a 5.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Roelof Botha sold 24,850 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the completion of the sale, the director owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This trade represents a 11.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 79,969 shares of company stock worth $29,937,272. 3.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Huntington National Bank raised its holdings in shares of MongoDB by 110.9% in the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 51 shares during the period. TD Private Client Wealth LLC increased its position in MongoDB by 2,825.0% in the third quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock worth $36,000 after buying an additional 113 shares during the last quarter. Hollencrest Capital Management bought a new stake in shares of MongoDB in the third quarter valued at $37,000. Westside Investment Management Inc. lifted its position in shares of MongoDB by 82.1% during the 3rd quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock valued at $39,000 after buying an additional 55 shares during the last quarter. Finally, Strategic Advocates LLC bought a new position in shares of MongoDB during the 3rd quarter worth $43,000. 89.29% of the stock is owned by institutional investors.

MongoDB Stock Down 4.8%

NASDAQ MDB opened at $399.65 on Monday. MongoDB has a 52 week low of $140.78 and a 52 week high of $440.67. The business has a 50 day moving average price of $381.16 and a 200-day moving average price of $306.33. The company has a market cap of $32.53 billion, a price-to-earnings ratio of -459.37 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last issued its earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.53. The company had revenue of $628.31 million for the quarter, compared to analysts’ expectations of $592.98 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.MongoDB’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period last year, the business earned $1.16 EPS. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. On average, equities research analysts anticipate 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.