MongoDB (NASDAQ:MDB) Downgraded by Wall Street Zen to Hold

MongoDB (NASDAQ:MDB) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Several other equities analysts also recently weighed in on the company. DA Davidson cut their target price on MongoDB from $465.00 to $385.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Citizens Jmp raised their price target on MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a research report on Tuesday, December 2nd. Argus lifted their price objective on shares of MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Wedbush cut their price objective on shares of MongoDB from $440.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Monness Crespi & Hardt reduced their target price on shares of MongoDB from $475.00 to $370.00 and set a “buy” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $354.18.

MongoDB Price Performance

Shares of NASDAQ MDB opened at $270.47 on Friday. The business’s 50 day moving average is $369.06 and its two-hundred day moving average is $350.98. MongoDB has a 1-year low of $140.78 and a 1-year high of $444.72. The stock has a market capitalization of $22.01 billion, a P/E ratio of -307.35, a PEG ratio of 393.66 and a beta of 1.40.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Monday, March 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. The business had revenue of $695.07 million for the quarter, compared to the consensus estimate of $669.40 million. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The company’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.28 earnings per share. As a group, equities research analysts anticipate that MongoDB will post -1.78 earnings per share for the current fiscal year.

Insider Activity at MongoDB

In other MongoDB news, CAO Thomas Bull sold 555 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $413.86, for a total transaction of $229,692.30. Following the transaction, the chief accounting officer directly owned 10,784 shares in the company, valued at $4,463,066.24. This trade represents a 4.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction on Wednesday, December 17th. The shares were 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 of the company’s stock, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 32,504 shares of company stock worth $13,389,622. Company insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On MongoDB

Several institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC raised its holdings in shares of MongoDB by 1,220.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 61 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in MongoDB during the 4th quarter worth about $28,000. Huntington National Bank increased its position in MongoDB by 110.9% during the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 51 shares during the period. International Assets Investment Management LLC purchased a new position in MongoDB during the 4th quarter valued at about $33,000. Finally, Montag A & Associates Inc. raised its holdings in shares of MongoDB by 144.3% in the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

MongoDB News Summary

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Scotiabank upgraded MDB to “Sector Outperform”, raised its price target and boosted its FY2027 EPS forecast — a near‑term driver of buying interest. Scotiabank upgrades MongoDB (MDB)
• Positive Sentiment: MongoDB expanded AI capabilities in Atlas (new embedding models, vector search and APIs) — product progress that supports the long‑term growth thesis as customers build AI apps on Atlas. MongoDB Expands AI Capabilities: Is the Growth Thesis Strengthening?
• Positive Sentiment: Q4 results topped revenue and EPS expectations with Atlas contributing the bulk of revenue and 27% revenue growth year‑over‑year — supporting the company’s execution story despite mixed forward commentary. Should You Buy, Sell or Hold MongoDB Stock Post Q4 Earnings?
• Neutral Sentiment: Unusually large options volume (big buys of both calls and puts) indicates heightened short‑term speculative activity and hedging — adds volatility risk but not a directional signal on fundamentals.
• Negative Sentiment: Multiple sell‑side firms trimmed price targets in the last 24–36 hours (examples: Mizuho, UBS, Goldman, Piper Sandler and others), signaling reduced near‑term upside expectations from analysts. Mizuho Cuts MongoDB (NASDAQ:MDB) Price Target to $290.00 UBS Group Lowers MongoDB (NASDAQ:MDB) Price Target to $275.00
• Negative Sentiment: Management’s FY2027 guidance still implies operating losses and a slower recovery path; that guidance triggered a sharp selloff earlier and keeps upside contingent on faster margin improvement or stronger revenue acceleration. Why MongoDB (MDB) Is Down 19.1% After Mixed 2026 Results And Loss‑Heavy 2027 Guidance

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.