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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

MongoDB has expanded its global collaboration with Microsoft. Developers who access the Azure portal will now be able to discover and use MongoDB Atlas. This strategic partnership is aimed at accelerating workload migrations to MongoDB Atlas on Microsoft Azure.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 1:02 pm

A significant investor has taken a bullish stance on MongoDB (NASDAQ:MDB), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whales have been targeting a price range from $390.0 to $560.0 for MongoDB over the last 3 months. The current price of MDB is up 0.24% at $408.18. Barclays, Truist Securities, and Morgan Stanley have maintained their positive ratings on MongoDB, while Capital One and Piper Sandler have downgraded their actions.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:33 pm

Technology, semiconductor, and software stocks are trading higher due to overall market strength following softer-than-expected June inflation data.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 6:32 pm

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years by 37.33% on an annualized basis, producing an average annual return of 47.11%. If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $7,015.35 today.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:30 pm

The article reports on significant options activity in the Information Technology sector. The companies mentioned include Microsoft (MSFT), Nvidia (NVDA), Riot Blockchain (RIOT), Apple (AAPL), Taiwan Semiconductor Manufacturing (TSM), IonQ (IONQ), Canaan (CAN), Ebix (EBIX), MongoDB (MDB), and Salesforce (CRM). The options activity ranges from bullish to neutral to bearish, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 5:40 pm

A significant amount of bearish options activity has been observed for MongoDB (NASDAQ:MDB). Of the 17 unusual trades detected, 64% were bearish and 35% bullish. The total amount for puts was $1,009,197 and for calls, $527,225. Whales have been targeting a price range from $270.0 to $520.0 for MongoDB over the last 3 months. The current price of MDB is down -2.47% at $399.45. Several financial institutions have recently updated their ratings and price targets for MongoDB.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 7:47 pm

Shares of tech sector companies are trading lower due to concerns over potential further Fed rate hikes, which could negatively impact growth stocks.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 3:09 pm

MongoDB's (NYSE:MDB) short percent of float has risen 5.06% since its last report, with 3.76 million shares sold short, which is 6.23% of all regular shares available for trading. This does not necessarily mean the stock will fall, but indicates more shares are being shorted. Compared to its peers, MongoDB has less short interest, with the average being 6.41%.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 1:15 pm

A significant amount of unusual options activity has been observed for MongoDB (NASDAQ:MDB), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 55% bullish and 45% bearish. The price of MDB is up 2.75% at $414.07. Several financial institutions have maintained their positive ratings on MongoDB, with price targets ranging from $365 to $430.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 4:01 pm

MongoDB, Inc. (NASDAQ:MDB) shares traded higher after Tigress Financial raised its price target significantly and several analysts maintained positive ratings. Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $365 to $490. Other analysts from Capital One, Barclays, Piper Sandler, Needham, Wedbush, RBC Capital, Morgan Stanley, and Truist Securities also issued positive ratings and price targets for MongoDB.

Portfolio Pulse from Ryan Gustafson

June 28, 2023 | 8:58 pm

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