MongoDB (NASDAQ:MDB) Price Target Lowered to $400.00 at BMO Capital Markets

MongoDB (NASDAQ:MDB) had its target price cut by BMO Capital Markets from $455.00 to $400.00 in a research report sent to investors on Thursday, MarketBeat Ratings reports. They currently have an outperform rating on the stock.

MDB has been the subject of several other research reports. Monness Crespi & Hardt increased their price target on MongoDB from $360.00 to $475.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Morgan Stanley upped their price target on MongoDB from $400.00 to $440.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Piper Sandler reissued an “overweight” rating and issued a $490.00 price objective (up from $400.00) on shares of MongoDB in a research note on Tuesday, December 2nd. Barclays boosted their target price on MongoDB from $415.00 to $480.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company increased their price objective on shares of MongoDB from $430.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $416.15.

MongoDB Stock Up 6.9%

MongoDB stock opened at $336.61 on Thursday. The stock has a 50-day moving average price of $387.56 and a 200 day moving average price of $348.04. The company has a market capitalization of $27.40 billion, a price-to-earnings ratio of -386.91 and a beta of 1.38. MongoDB has a 52 week low of $140.78 and a 52 week high of $444.72.

MongoDB (NASDAQ:MDB) last posted its earnings results on Monday, December 1st. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.53. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The firm had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. During the same period in the previous year, the firm earned $1.16 EPS. The business’s quarterly revenue was up 18.7% on a year-over-year basis. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. Research analysts anticipate that MongoDB will post -1.78 EPS for the current fiscal year.

Insider Activity

In other news, Director Hope F. Cochran sold 1,566 shares of the company’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 completion of the sale, the director owned 25,659 shares of the company’s stock, valued at $10,824,249.15. This represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Roelof Botha sold 24,850 shares of the company’s stock in a transaction on 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 transaction, the director owned 194,600 shares of the company’s stock, valued at $78,978,410. This trade represents a 11.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 62,353 shares of company stock valued at $25,440,798. Company insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. increased its position in MongoDB by 1,277.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,219 shares of the company’s stock worth $5,655,000 after buying an additional 16,896 shares in the last quarter. Pacer Advisors Inc. grew its stake in shares of MongoDB by 209.0% during the 3rd quarter. Pacer Advisors Inc. now owns 4,549 shares of the company’s stock valued at $1,412,000 after acquiring an additional 3,077 shares during the period. Penserra Capital Management LLC increased its holdings in MongoDB by 42.1% in the 3rd quarter. Penserra Capital Management LLC now owns 135,036 shares of the company’s stock worth $41,910,000 after acquiring an additional 39,978 shares in the last quarter. Pinegrove Venture Partners LLC purchased a new stake in shares of MongoDB in the third quarter worth $1,032,000. Finally, Rakuten Investment Management Inc. purchased a new stake in shares of MongoDB in the third quarter worth $40,014,000. Institutional investors and hedge funds own 89.29% of the company’s stock.

Key MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Thesis that MongoDB is moving from a cloud beneficiary to a core AI infrastructure provider — supports a longer-term growth narrative and investor appetite for AI-exposed names. MongoDB: From Cloud Beneficiary To Core AI Infrastructure
• Positive Sentiment: Zacks pieces highlight strong Atlas momentum, rising large customers and focus on upbeat Q4 guidance expectations — these fundamentals can support near-term upside into the print. Should You Add MongoDB Stock to Your Portfolio Ahead of Q4 Earnings?
• Positive Sentiment: Inclusion of MDB on a Zacks list of AI‑powered internet software stocks reinforces investor positioning of MongoDB as an AI beneficiary. 5 AI-Powered Internet Software Stocks to Boost Your Portfolio in 2026
• Neutral Sentiment: DA Davidson cut its price target to $385 (from $465) but kept a Buy rating, saying it expects a “strong” Q4 and guidance roughly in line to slightly ahead of consensus — the maintained Buy provides support even as peer multiples decline. MongoDB price target lowered to $385 from $465 at DA Davidson
• Neutral Sentiment: BMO trimmed its target to $400 (from $455) but kept an Outperform rating — another example of analysts lowering targets while remaining constructive on fundamentals. BMO lowers price target to $400
• Neutral Sentiment: Zacks preview of Wall Street estimates examines key metrics beyond headline revenue/EPS — useful context for parsing the upcoming report but not an immediate catalyst. Unveiling MongoDB (MDB) Q4 Outlook
• Negative Sentiment: Critical analysis argues MongoDB is a quality business trading at an overpriced multiple — raises valuation risk and could prompt profit‑taking by longer‑term holders. MongoDB: A Quality Infrastructure Business At An Overpriced Multiple
• Negative Sentiment: Coverage noting a prior tariff-driven 13% drop and AI-related uncertainty highlights macro and policy risks that can magnify volatility for MDB. A Look At MongoDB (MDB) Valuation After Tariff Driven 13% Share Price Drop And AI Related Uncertainty
• Negative Sentiment: Citigroup issued a pessimistic forecast for MDB — adds to the negative analyst noise that could cap gains if guidance disappoints. Citigroup Issues Pessimistic Forecast for MongoDB (NASDAQ:MDB) Stock Price

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.