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MDB

MongoDB, Inc.

https://www.mongodb.com

Industry

Software - Infrastructure

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Open

286.00

Mkt cap

21B

Volume

1.8M

High

289.85

P/E Ratio

-92.33

52-wk high

509.62

Low

272.94

Div yield

N/A

52-wk low

212.74

Piper Sandler analyst Brent Bracelin maintains an Overweight rating on MongoDB (NASDAQ:MDB) but lowers the price target from $480 to $350.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 9:33 am

Marvell Technology, Inc. (MRVL) reported weak Q1 results, missing both earnings and sales estimates, leading to a 5% drop in pre-market trading. Other notable stocks moving lower include Sify Technologies Limited (SIFY), Summit Therapeutics Inc. (SMMT), MongoDB, Inc. (MDB), Dell Technologies Inc. (DELL), SentinelOne, Inc. (S), Veeva Systems Inc. (VEEV), Trump Media & Technology Group Corp. (DJT), and Nordstrom, Inc. (JWN).

Portfolio Pulse from Avi Kapoor

May 31, 2024 | 9:27 am

U.S. markets closed in the red on Thursday with the Dow Jones, S&P 500, and Nasdaq all declining. Key stocks on investors' radars included Trump Media & Technology Group, Costco, Dell, MongoDB, and Tesla. Trump Media saw a notable drop in after-hours trading following a guilty verdict for Donald Trump. Costco reported strong third-quarter revenue, beating expectations. Dell's stock fell despite strong year-to-date performance and upcoming earnings. MongoDB shares plummeted after weak forward guidance. Tesla's stock rose as the company prepares to register its 'Full Self-Driving' software in China.

Portfolio Pulse from Benzinga Neuro

May 31, 2024 | 2:24 am

MongoDB, Inc. (NASDAQ:MDB) reported better-than-expected Q1 earnings and revenue but issued weak forward guidance, leading to a 22.72% drop in its stock price after-hours.

Portfolio Pulse from Erica Kollmann

May 30, 2024 | 9:11 pm

The article highlights the performance of various Information Technology stocks during Thursday's after-market session. Key gainers include Ambarella, Zscaler, and Asana, while notable losers include MongoDB, Dell Technologies, and SentinelOne. The movements are primarily driven by the release of Q1 earnings reports.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 8:31 pm

MongoDB shares are trading lower after the company issued weak Q2 and FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:13 pm

MongoDB has issued its financial guidance for Q2 and FY25, with EPS and revenue estimates falling short of analyst expectations. For Q2, EPS is projected at $0.46-$0.49 vs. $0.58 estimated, and revenue at $460M-$464M vs. $470.43M estimated. For FY25, EPS is projected at $2.15-$2.30 vs. $2.50 estimated, and revenue at $1.88B-$1.90B vs. $1.93B estimated.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:12 pm

MongoDB shares are trading lower following Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:11 pm

MongoDB (NASDAQ:MDB) reported Q1 earnings per share (EPS) of $0.51, beating the analyst estimate of $0.40. Sales were $450.56 million, surpassing the $439.64 million estimate. Despite a year-over-year EPS decrease, sales increased by 22.34%.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:10 pm

Wall Street saw a decline in major large-cap indices due to downturns in tech and communication services sectors. Investors shifted focus to small caps, real estate, and solar stocks. The second estimate of Q1 GDP growth was revised down to 1.3%. The S&P 500, Nasdaq 100, and Dow Jones Industrial Average fell, while the iShares Russell 2000 ETF and iShares 20+ Year Treasury Bond ETF rose. Salesforce plummeted 20% after missing revenue expectations, while HP Inc. rose 19% on strong results. Other notable movers included Kohl Corp., Dollar General, Best Buy, Hormel Foods, Burlington Stores, Birkenstock, Agilent Technologies, Pure Storage, Okta, Nutanix, Ui Path, and Credo Technology.

Portfolio Pulse from Piero Cingari

May 30, 2024 | 5:57 pm

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