MongoDB Sees Unusually Large Options Volume (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) saw some unusual options trading on Wednesday. Investors purchased 36,130 call options on the company. This represents an increase of approximately 2,077% compared to the average volume of 1,660 call options.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MDB. Sanford C. Bernstein lifted their target price on shares of MongoDB from $338.00 to $452.00 and gave the company an “outperform” rating in a research note on Tuesday, December 2nd. Raymond James Financial initiated coverage on MongoDB in a report on Monday, December 15th. They set a “market perform” rating on the stock. Wedbush raised their target price on MongoDB from $400.00 to $440.00 and gave the company an “outperform” rating in a research note on Tuesday, December 2nd. DA Davidson upped their price target on MongoDB from $415.00 to $465.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Finally, Royal Bank Of Canada set a $500.00 price objective on MongoDB in a research report on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $422.29.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Massive call buying — Traders purchased roughly 36,130 call options (≈2,077% above normal), signaling sizable speculative bullish bets or directional positioning that could support upside if momentum resumes.
• Positive Sentiment: Analyst / industry support — Bank of America highlighted MongoDB as a leader in database growth tied to AI demand, reinforcing the company’s longer-term TAM and product positioning. BofA article
• Neutral Sentiment: Earnings date set — MongoDB will report Q4 and full fiscal 2026 results after the close on March 2, 2026, creating a clear near-term catalyst and likely higher volatility into the print. Earnings date release
• Neutral Sentiment: Market coverage noted an intraday decline — Commentary (e.g., Zacks) called out today’s pullback, useful context but not independently causal. Zacks article
• Negative Sentiment: Large put buying — Roughly 23,831 put options were purchased (≈2,157% above average), indicating substantial bearish bets or hedging that can amplify downside if sentiment worsens.
• Negative Sentiment: Insider sale — Director Dwight A. Merriman sold 1,190 shares (~$369.75 avg). The modest reduction is being cited in media as a negative signal. SEC filing: SEC filing
• Negative Sentiment: Negative media framing — Coverage cited a sharp pullback after MongoDB’s AI-focused Atlas push met sector volatility and insider selling, reinforcing short-term bearish momentum. Yahoo article

MongoDB Trading Down 3.3%

MongoDB stock opened at $326.50 on Friday. MongoDB has a 12 month low of $140.78 and a 12 month high of $444.72. The company has a market capitalization of $26.57 billion, a price-to-earnings ratio of -375.29 and a beta of 1.38. The business’s fifty day simple moving average is $404.06 and its two-hundred day simple moving average is $335.83.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.53. The firm had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.MongoDB’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.16 EPS. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. On average, equities research analysts predict that MongoDB will post -1.78 EPS for the current year.

Insider Buying and Selling at MongoDB

In related news, Director Dwight A. Merriman sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $417.83, for a total transaction of $4,178,300.00. Following the completion of the transaction, the director owned 1,041,316 shares in the company, valued at $435,093,064.28. This represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total transaction of $660,617.10. Following the completion of the sale, the director owned 25,659 shares in the company, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 78,353 shares of company stock valued at $31,060,758 in the last 90 days. Insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On MongoDB

Institutional investors and hedge funds have recently made changes to their positions in the company. Central Pacific Bank Trust Division bought a new position in MongoDB in the 4th quarter valued at approximately $28,000. Cornerstone Planning Group LLC lifted its holdings in shares of MongoDB by 1,220.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 61 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of MongoDB during the fourth quarter valued at $33,000. Global Trust Asset Management LLC bought a new stake in MongoDB in the 4th quarter worth about $38,000. Finally, Huntington National Bank raised its position in MongoDB by 110.9% in the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after buying an additional 51 shares during the last quarter. Institutional investors own 89.29% of the company’s stock.

MongoDB Company Profile

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.