MongoDB Inc

MongoDB Inc Stock Forecast & Price Prediction

Live MongoDB Inc Stock (MDB) Price
$292.86

7

Ratings

  • Buy 3
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$292.86

P/E Ratio

-118.95

Volume Traded Today

$1.4M

Dividend

Dividends not available for MDB

52 Week High/low

509.62/212.74

MongoDB Inc Market Cap

$20.01B

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MDB Summary

Based on ratings from 7 stock analysts, the MongoDB Inc stock price is expected to increase by 16.36% in 12 months. This is calculated by using the average 12-month stock price forecast for MongoDB Inc. The lowest target is $215 and the highest is $700. Please note analyst price targets are not guaranteed and could be missed completely.

MDB Analyst Ratings

About 7 Wall Street analysts have assigned MDB 3 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect MongoDB Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MDB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MDB stock forecast by analyst

These are the latest 20 analyst ratings of MDB.

Analyst/Firm

Rating

Price Target

Change

Date

Tyler Radke
Citigroup

Buy

$400

Maintains

Sep 3, 2024
Brent Bracelin
Piper Sandler

Overweight

$335

Maintains

Aug 30, 2024
Ittai Kidron
Oppenheimer

Outperform

$350

Maintains

Aug 30, 2024
Andrew Nowinski
Wells Fargo

Overweight

$350

Maintains

Aug 30, 2024
Brad Reback
Stifel

Buy

$325

Maintains

Aug 30, 2024
Sanjit Singh
Morgan Stanley

Overweight

$340

Maintains

Aug 30, 2024
Bradley Sills
B of A Securities

Buy

$350

Maintains

Aug 30, 2024
Matthew Broome
Mizuho

Neutral

$275

Maintains

Aug 30, 2024
Rudy Kessinger
DA Davidson

Buy

$330

Maintains

Aug 30, 2024
Karl Keirstead
UBS

Neutral

$275

Maintains

Aug 30, 2024
Mike Cikos
Needham

Buy

$335

Maintains

Aug 30, 2024
Firoz Valliji
Bernstein

Outperform

$360

Maintains

Aug 30, 2024
Rishi Jaluria
RBC Capital

Outperform

$350

Reiterates

Aug 30, 2024
Patrick Walravens
JMP Securities

Market Outperform

$380

Reiterates

Aug 30, 2024
Patrick Colville
Scotiabank

Sector Perform

$295

Maintains

Aug 30, 2024
Miller Jump
Truist Securities

Buy

$320

Maintains

Aug 30, 2024
Brent Bracelin
Piper Sandler

Overweight

$300

Maintains

Jul 12, 2024
Ivan Feinseth
Tigress Financial

Buy

$400

Maintains

Jul 11, 2024
Mike Cikos
Needham

Buy

$290

Reiterates

Jun 13, 2024
Howard Ma
Guggenheim

Neutral


Upgrade

Jun 3, 2024

MDB Company Information

What They Do: Provides a general-purpose database platform.

Business Model: MongoDB, Inc. operates on a subscription-based model, primarily generating revenue through its hosted database service, MongoDB Atlas, and its commercial offerings like MongoDB Enterprise Advanced. The company also provides a free version, Community Server, which helps attract developers and potential enterprise clients who may later convert to paid services.

Other Information: Founded in 2007 and headquartered in New York, MongoDB has established itself as a key player in the database market, offering solutions that cater to various deployment needs including cloud, on-premises, and hybrid environments. The company also enhances its value proposition through professional services such as consulting and training.
MDB
MongoDB Inc (MDB)

When did it IPO

2017

Staff Count

5,360

Country

United States

Sector/Industry

Technology/Software - Infrastructure

CEO

Mr. Dev C. Ittycheria

Market Cap

$20.01B

MongoDB Inc (MDB) Financial Data

In 2023, MDB generated $1.28B in revenue, which was a increase of 46.95% from the previous year. This can be seen as a signal that MDB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$590.4M

0.00 %
From Previous Year

Revenue From 2022

$873.8M

48.00 %
From Previous Year

Revenue From 2023

$1.28B

46.95 %
From Previous Year
  • Revenue TTM $1.82B
  • Operating Margin TTM -14.9%
  • Gross profit TTM $1.26B
  • Return on assets TTM -6.2%
  • Return on equity TTM -19.6%
  • Profit Margin -12.1%
  • Book Value Per Share 18.45%
  • Market capitalisation $20.01B
  • Revenue for 2021 $590.4M
  • Revenue for 2022 $873.8M
  • Revenue for 2023 $1.28B
  • EPS this year (TTM) $-3.01

MongoDB Inc (MDB) Latest News

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - BUSINESSNEXT and MongoDB are enhancing their partnership to boost autonomous operations in banking using specialized predictive and generative AI technologies.

Why It Matters - BUSINESSNEXT's collaboration with MongoDB signifies advancements in AI for banking, potentially enhancing operational efficiency and driving innovation, impacting market competitiveness and investor confidence.

News Image

Mon, 16 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - A class action lawsuit has been filed against MongoDB, Inc. for alleged securities violations. Affected investors (Aug 31, 2023 - May 30, 2024) should contact Schall Law Firm before Sept 9, 2024.

Why It Matters - The class action lawsuit against MongoDB raises concerns about potential financial misconduct, which could impact stock performance and investor confidence.

News Image

Fri, 13 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - A class action lawsuit has been filed against MongoDB, Inc. (NASDAQ: MDB) for alleged securities violations. Affected investors from August 31, 2023, to May 30, 2024, should contact the Schall Law Firm.

Why It Matters - A class action lawsuit against MongoDB may lead to financial liabilities, impacting stock performance and investor sentiment, particularly for those who purchased shares during the specified period.

News Image

Sat, 14 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - A class action lawsuit has been filed against MongoDB, Inc. for alleged securities violations. Affected investors from August 31, 2023, to May 30, 2024, should contact Schall Law Firm by September 9, 2024.

Why It Matters - The class action lawsuit against MongoDB for alleged securities violations may lead to financial repercussions, affecting stock performance and investor confidence in the company.

News Image

Sun, 15 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - A class action lawsuit has been filed against MongoDB, Inc. for securities violations. Investors who bought shares from August 31, 2023, to May 30, 2024, should contact the Schall Law Firm by September 9, 2024.

Why It Matters - The class action lawsuit against MongoDB for securities violations could lead to financial liabilities or reputational damage, impacting stock performance and investor sentiment.

News Image

Tue, 10 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - A class action lawsuit has been filed against MongoDB, Inc. for securities violations. Investors who bought shares from August 31, 2023, to May 30, 2024, should contact the law firm before September 9, 2024.

Why It Matters - A class action lawsuit against MongoDB for securities violations may lead to financial penalties or reputational damage, impacting stock performance and investor confidence.

...

MDB Frequently asked questions

The highest forecasted price for MDB is $700 from at .

The lowest forecasted price for MDB is $215 from Sanjit Singh from Morgan Stanley

The MDB analyst ratings consensus are 3 buy ratings, 4 hold ratings, and 0 sell ratings.