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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

292.08

Mkt cap

21B

Volume

869K

High

292.68

P/E Ratio

-95.72

52-wk high

509.62

Low

284.18

Div yield

N/A

52-wk low

212.74

Shares of software and IT stocks are trading lower following Fitch's downgrade of the US credit rating, which has negatively impacted risk sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:48 am

Ivan Feinseth, Chief Investment Officer at Tigress Financial Partners, predicts that AI will play a significant role across diverse sectors, not just in tech. Tech leaders like Microsoft, Alphabet, and Amazon will spearhead AI developments, but sectors like farming and infrastructure will also join the revolution. Feinseth also sees potential for AI in the pharmaceutical industry and in traditionally non-tech companies like Caterpillar and Deere. He also mentioned Ingersoll Rand, Mongodb, and Monday.com as potential AI beneficiaries.

Portfolio Pulse from AJ Fabino

August 04, 2023 | 11:45 am

A significant amount of unusual options activity has been observed for MongoDB (NASDAQ:MDB), with a majority of investors taking a bullish stance. The price range targeted by these investors over the last 3 months is from $175.0 to $630.0. Currently, the price of MDB is up 2.75% at $422.93. JMP Securities and Keybanc have maintained their Outperform and Overweight ratings on MongoDB, respectively, with price targets of $425 and $462.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 6:32 pm

A significant amount of unusual options activity has been detected for MongoDB (NASDAQ:MDB), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $350.0 to $460.0 for MongoDB over the last 3 months. The current price of MDB is down -2.01% at $410.55. Keybanc, JMP Securities, and Tigress Financial have maintained their positive ratings on MongoDB, with price targets of $462, $425, and $490 respectively.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:31 pm

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks include AMD, NVDA, AAPL, MSFT, PLTR, DDOG, TENB, CSCO, CRM, and MDB. The article provides detailed information about the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:35 pm

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years by 36.9% on an annualized basis, producing an average annual return of 46.96%. If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $6,652.65 today.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:30 pm

JMP Securities analyst Patrick Walravens maintains MongoDB (NASDAQ:MDB) with an Outperform rating and raises the price target from $400 to $425.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 10:27 am

Over the past 3 months, 29 analysts have published their opinion on MongoDB (NASDAQ:MDB) stock. The average price target for MongoDB has increased by 38.3% from the previous average price target of $282.12 to $390.17. The ratings are derived from company conference calls, financial statements, and conversations with insiders.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 12:00 pm

Insiders at ON Semiconductor, MongoDB, Winnebago Industries, and Darden Restaurants have recently sold shares. ON Semiconductor's CEO sold 20,000 shares, MongoDB's Director sold 1,000 shares, Winnebago's President sold 300,000 shares, and Darden Restaurants' Director sold 33,000 shares. These sales could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 11:58 am

Keybanc analyst Michael Turits maintains an Overweight rating on MongoDB (NASDAQ:MDB) and raises the price target from $372 to $462.

Portfolio Pulse from richadhand@benzinga.com

July 21, 2023 | 8:43 am

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