MongoDB (NASDAQ:MDB) Cut to Hold at Zacks Research

Zacks Research lowered shares of MongoDB (NASDAQ:MDB) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

MDB has been the subject of a number of other research reports. Rosenblatt Securities restated a “buy” rating and set a $425.00 price target on shares of MongoDB in a report on Monday. Weiss Ratings reissued a “sell (d-)” rating on shares of MongoDB in a research note on Monday, December 29th. Sanford C. Bernstein downgraded MongoDB from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Guggenheim reaffirmed a “buy” rating and issued a $475.00 price target on shares of MongoDB in a research note on Tuesday. Finally, Argus raised their price objective on MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $353.12.

MongoDB Stock Down 1.9%

Shares of NASDAQ:MDB opened at $248.01 on Monday. MongoDB has a 52-week low of $140.78 and a 52-week high of $444.72. The stock has a market cap of $20.19 billion, a P/E ratio of -281.83 and a beta of 1.40. The business has a fifty day moving average of $375.80 and a two-hundred day moving average of $351.28.

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

Insider Buying and Selling at MongoDB

In other news, Director Roelof Botha sold 24,850 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the completion of the transaction, the director directly owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This represents a 11.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Hope F. Cochran sold 1,566 shares of the business’s 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 completion of the sale, the director directly owned 25,659 shares in the company, valued at approximately $10,824,249.15. This represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 57,354 shares of company stock valued at $23,474,994 over the last quarter. 3.10% of the stock is currently owned by insiders.

Institutional Trading of MongoDB

A number of institutional investors have recently bought and sold shares of MDB. Employees Provident Fund Board bought a new stake in shares of MongoDB in the 4th quarter valued at $203,365,000. Bank of Hawaii lifted its stake in shares of MongoDB by 1.8% during the 4th quarter. Bank of Hawaii now owns 4,012 shares of the company’s stock worth $1,684,000 after buying an additional 72 shares during the last quarter. Reflection Asset Management bought a new stake in shares of MongoDB in the fourth quarter valued at about $66,000. Sankala Group LLC acquired a new stake in MongoDB during the fourth quarter worth approximately $73,000. Finally, Pacer Advisors Inc. increased its stake in MongoDB by 78.5% in the fourth quarter. Pacer Advisors Inc. now owns 8,118 shares of the company’s stock valued at $3,407,000 after acquiring an additional 3,569 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus — revenue and EPS exceeded estimates and Atlas contributed ~72% of quarterly revenue, showing continued top-line strength and improving margins. This supports the long-term growth narrative for MongoDB. Article Title
• Positive Sentiment: Full-year FY27 guidance was framed as stronger than the quarter’s cautious Q1 guide — management expects FY27 revenue and EPS growth above consensus, which could support upside later in the year if execution matches commentary. Article Title
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference (transcript available) — useful for incremental color on go-to-market and AI strategy but not a market-moving surprise on its own. Article Title
• Neutral Sentiment: Analyst buy ratings remain in place at several firms (Guggenheim, Rosenblatt, Citi, others) despite cuts to price targets — indicates many sell-side shops still see upside versus the current depressed level, though timelines vary. Article Title
• Negative Sentiment: Weak near-term guidance and profit outlook sent shares sharply lower — the Q1 guidance and conservative short-term profit outlook were the immediate catalyst for a large sell-off as investors repriced growth/timing of AI-related revenue. Article Title
• Negative Sentiment: Executive departures (sales leadership changes) heightened uncertainty — management turnover amplified investor concern about near-term commercial execution. Coverage summarized at MarketBeat and Seeking Alpha. Article Title
• Negative Sentiment: Wide wave of analyst price-target cuts — numerous firms trimmed targets (UBS, Canaccord, Piper, Oppenheimer, Mizuho, others) which increases downward pressure and reduces conviction among short-term holders even where ratings were maintained. Representative coverage: Benzinga summaries of PT moves. Article Title
• Negative Sentiment: Downgrades/holding calls (e.g., Zacks moved to “hold”, Baird neutral) add to selling momentum from momentum traders and funds that track ratings/flows. Article Title

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.