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

MongoDB, Inc. (NASDAQ:MDB) has been given a consensus rating of “Moderate Buy” by the thirty-nine ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, twenty-seven have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $422.2941.

A number of research firms have recently commented on MDB. Argus lifted their target price on MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Citizens Jmp lifted their price objective on shares of MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a research report on Tuesday, December 2nd. Wall Street Zen upgraded shares of MongoDB from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Sanford C. Bernstein increased their target price on shares of MongoDB from $338.00 to $452.00 and gave the company an “outperform” rating in a research report on Tuesday, December 2nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $500.00 price target on shares of MongoDB in a report on Tuesday, January 20th.

Insider Transactions at MongoDB

In related news, Director Hope F. Cochran sold 1,566 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $421.85, for a total value of $660,617.10. Following the sale, the director directly owned 25,659 shares in the company, valued at approximately $10,824,249.15. The trade was a 5.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Thomas Bull sold 555 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $413.86, for a total transaction of $229,692.30. Following the sale, the chief accounting officer directly owned 10,784 shares in the company, valued at approximately $4,463,066.24. This trade represents a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 78,162 shares of company stock valued at $31,004,092. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of MongoDB

A number of institutional investors have recently modified their holdings of MDB. Clark Financial Services Group Inc. BD raised its holdings in MongoDB by 1.5% during the 4th quarter. Clark Financial Services Group Inc. BD now owns 1,669 shares of the company’s stock valued at $702,000 after acquiring an additional 25 shares during the period. True Wealth Design LLC boosted its holdings in shares of MongoDB by 9.4% in the fourth quarter. True Wealth Design LLC now owns 419 shares of the company’s stock worth $176,000 after acquiring an additional 36 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its position in shares of MongoDB by 3.8% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,101 shares of the company’s stock valued at $342,000 after purchasing an additional 40 shares in the last quarter. Whittier Trust Co. raised its stake in shares of MongoDB by 4.3% during the 4th quarter. Whittier Trust Co. now owns 976 shares of the company’s stock valued at $425,000 after purchasing an additional 40 shares during the period. Finally, Savvy Advisors Inc. raised its stake in shares of MongoDB by 5.0% during the 4th quarter. Savvy Advisors Inc. now owns 928 shares of the company’s stock valued at $389,000 after purchasing an additional 44 shares during the period. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

MongoDB Stock Down 9.0%

MongoDB stock opened at $374.02 on Friday. MongoDB has a 52 week low of $140.78 and a 52 week high of $444.72. The company’s 50 day moving average price is $401.70 and its two-hundred day moving average price is $331.01. The stock has a market cap of $30.44 billion, a P/E ratio of -429.91 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last released its earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.53. The company had revenue of $628.31 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company posted $1.16 earnings per share. 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 analysts anticipate that MongoDB will post -1.78 EPS 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.