MongoDB, Inc. (NASDAQ:MDB) Stock Rated “Moderate Buy” by Sell-Side Brokerages

MongoDB, Inc. (NASDAQ:MDB) has been assigned a consensus rating of “Moderate Buy” from the thirty-eight analysts that are covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $461.91.

Several equities research analysts have recently issued reports on MDB shares. Morgan Stanley reissued an “overweight” rating on shares of MongoDB in a research report on Wednesday, September 30th. Robert W. Baird boosted their price objective on shares of MongoDB from $335.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, August 25th. Truist Financial upped their target price on shares of MongoDB from $400.00 to $475.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Barclays increased their target price on MongoDB from $460.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, September 2nd. Finally, DA Davidson dropped their price target on MongoDB from $465.00 to $415.00 and set a “buy” rating on the stock in a research note on Wednesday, September 30th.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Zacks added MDB to its Rank #1 (Strong Buy) growth-stocks list, a favorable screening signal that may support investor sentiment. Best Growth Stocks to Buy for November 4th
• Neutral Sentiment: MongoDB will report third-quarter fiscal 2027 results after the market closes on December 1 and hold a conference call that evening. The announcement sets the next scheduled update but contains no new financial results or outlook. MongoDB Announces Date of Third Quarter Fiscal 2027 Earnings Call
• Neutral Sentiment: The company appointed Alex Newman to lead its Australia and New Zealand business; the report did not describe an immediate financial impact. MongoDB appoints Alex Newman to lead Australia and New Zealand business
• Negative Sentiment: Directors disclosed sales of MongoDB shares totaling about 19,870 shares on November 2. The transactions were conducted under pre-arranged Rule 10b5-1 plans, and the directors retained substantial holdings, which may limit the significance of the sales. MongoDB insider trades
• Negative Sentiment: Recent reports noted MDB falling while the broader market gained and alongside declines in Snowflake and Akamai, signaling near-term relative weakness without a clearly identified MongoDB-specific trigger. Snowflake, MongoDB, and Akamai shares are falling

Insider Transactions at MongoDB

In related news, Director Archana Agrawal sold 1,000 shares of the stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $400.00, for a total transaction of $400,000.00. Following the completion of the transaction, the director directly owned 4,328 shares in the company, valued at approximately $1,731,200. This trade represents a 18.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Hope Cochran sold 1,000 shares of MongoDB stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $375.92, for a total value of $375,920.00. Following the completion of the sale, the director directly owned 28,326 shares in the company, valued at approximately $10,648,309.92. This represents a 3.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 52,465 shares of company stock valued at $20,382,936 over the last three months. 2.60% of the stock is currently owned by corporate insiders.

Institutional Trading of MongoDB

A number of institutional investors have recently made changes to their positions in MDB. Maryland State Retirement & Pension System raised its stake in shares of MongoDB by 16.1% during the 3rd quarter. Maryland State Retirement & Pension System now owns 4,778 shares of the company’s stock worth $1,666,000 after purchasing an additional 661 shares in the last quarter. Ritholtz Wealth Management grew its stake in shares of MongoDB by 36.2% in the third quarter. Ritholtz Wealth Management now owns 1,441 shares of the company’s stock valued at $502,000 after buying an additional 383 shares in the last quarter. Joel Isaacson & Co. LLC grew its stake in shares of MongoDB by 4.3% in the third quarter. Joel Isaacson & Co. LLC now owns 2,071 shares of the company’s stock valued at $722,000 after buying an additional 85 shares in the last quarter. Jacobi Capital Management LLC bought a new position in shares of MongoDB in the third quarter valued at $201,000. Finally, First Command Advisory Services Inc. increased its holdings in MongoDB by 316.9% during the third quarter. First Command Advisory Services Inc. now owns 346 shares of the company’s stock worth $121,000 after buying an additional 263 shares during the last quarter. Institutional investors own 89.29% of the company’s stock.

MongoDB Price Performance

NASDAQ:MDB opened at $304.59 on Friday. The business’s 50-day simple moving average is $375.91 and its 200-day simple moving average is $337.62. MongoDB has a fifty-two week low of $215.68 and a fifty-two week high of $473.10. The stock has a market capitalization of $24.54 billion, a PE ratio of 1,427.74, a price-to-earnings-growth ratio of 29.90 and a beta of 1.74.

MongoDB (NASDAQ:MDB) last posted its earnings results on Tuesday, September 1st. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.28. The business had revenue of $771.77 million during the quarter, compared to analysts’ expectations of $735.01 million. MongoDB had a return on equity of 1.06% and a net margin of 2.12%. MongoDB’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.00 EPS. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. On average, research analysts expect that MongoDB will post 0.50 earnings per share for the current year.

About MongoDB

MongoDB, Inc develops and provides a modern database platform designed to help organizations build, deploy and scale applications. Its flagship technology is MongoDB, a document-oriented database that stores data in flexible, JSON-like documents and is intended to support a broad range of application development and data-management needs.

The company offers MongoDB Atlas, a fully managed cloud database service available across major cloud providers, as well as MongoDB Enterprise Advanced for organizations that run databases in their own data centers or in hybrid environments.