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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

Stifel analyst Brad Reback has reiterated a Buy rating on MongoDB (NASDAQ:MDB) and maintained a price target of $450.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:17 pm

MongoDB (NASDAQ:MDB) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-05, with analysts expecting an EPS of $0.50. Investors are looking for an earnings beat and positive guidance for the next quarter. MongoDB's stock performance has been strong, with shares up 199.95% over the last 52 weeks, trading at $435.23 as of December 01. Past earnings have resulted in significant share price movements.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 2:01 pm

Informatica and MongoDB have expanded their global partnership to facilitate the development of a new class of cloud-native, Master Data Management (MDM) driven applications. This strategic partnership leverages Informatica's MDM SaaS solution and MongoDB Atlas to empower customers to create comprehensive 360-degree data-driven applications.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:17 pm

MongoDB (NYSE:MDB) has seen a 16.28% increase in short interest since its last report, with 3.67 million shares sold short, representing 6.0% of its float. It would take about 3.72 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. MongoDB's short interest is higher than its peer group average of 5.46%.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:15 pm

Microsoft's stock dipped slightly after its Ignite event, but analysts remain optimistic, citing the unveiling of new AI and cloud offerings, including the AI assistant Copilot. KeyBanc and Piper Sandler maintain overweight ratings with price targets of $420 and $425, respectively. The event also bodes well for MongoDB and Oracle, with potential tailwinds for the database layer. Microsoft's Copilot is seen as a potential 'iPhone moment', with the ability to significantly impact future revenues and earnings.

Portfolio Pulse from Neil Dennis

November 17, 2023 | 5:51 pm

Wells Fargo analyst Andrew Nowinski has initiated coverage on MongoDB, Inc. (NASDAQ:MDB) with an Overweight rating and set a price target of $500 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:55 pm

Insiders at Robinhood Markets, Snowflake, MongoDB, and Marathon Petroleum have recently sold shares of their respective companies. Robinhood's Chief Creative Officer sold shares at an average price of $8.31, Snowflake's SVP of Product Management sold at $164.75, MongoDB's COO & CFO sold at $390.94, and Marathon Petroleum's Senior VP and Controller sold at $146.81. These sales could indicate various things, including personal financial management or a lack of confidence in the company's prospects. However, insider sales are not the sole indicator for investment decisions.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 1:45 pm

MongoDB (NASDAQ:MDB) has significantly outperformed the market with an average annual return of 41.7% over the past 5 years. An initial investment of $1000 in MDB 5 years ago would now be worth $5,463.82. The company's current market capitalization stands at $28.55 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 4:00 pm

Truist Securities analyst Miller Jump has reiterated a Buy rating on MongoDB (NASDAQ:MDB) and maintained a price target of $430.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:30 pm

MongoDB (NYSE:MDB) has experienced a 16.28% increase in short interest since its last report, with 3.67 million shares sold short, representing 6.0% of its float. It would take about 3.72 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. MongoDB has a higher short interest compared to its peer group average of 5.46%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 8:30 pm

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