MongoDB, Inc. (MDB)

NASDAQ: MDB · IEX Real-Time Price · USD
259.88
-3.63 (-1.38%)
At close: Jul 2, 2024, 4:00 PM
259.80
-0.08 (-0.03%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-1.38%
Market Cap 19.06B
Revenue (ttm) 1.77B
Net Income (ttm) -202.95M
Shares Out 73.35M
EPS (ttm) -2.81
PE Ratio n/a
Forward PE 114.90
Dividend n/a
Ex-Dividend Date n/a
Volume 1,647,285
Open 265.00
Previous Close 263.51
Day's Range 259.41 - 270.00
52-Week Range 214.74 - 509.62
Beta 1.13
Analysts Buy
Price Target 366.81 (+41.15%)
Earnings Date May 30, 2024

About MDB

MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It offers professional services comprising consulting and training... [Read more]

Sector Technology
IPO Date Oct 19, 2017
Employees 5,037
Stock Exchange NASDAQ
Ticker Symbol MDB
Full Company Profile

Financial Performance

In 2023, MongoDB's revenue was $1.68 billion, an increase of 31.07% compared to the previous year's $1.28 billion. Losses were -$176.60 million, -48.87% less than in 2022.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for MDB stock is "Buy." The 12-month stock price forecast is $366.81, which is an increase of 41.15% from the latest price.

Price Target
$366.81
(41.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Shareholders that Lost Money on MongoDB, Inc.(MDB) Should Contact Levi & Korsinsky About Securities Fraud Investigation - MDB

NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MongoDB, Inc. ("Mongo") (NASDAQ:MDB) concerning possible violations of federal ...

14 hours ago - Accesswire

MongoDB, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Mongo (MDB)

NEW YORK, NY / ACCESSWIRE / July 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MongoDB, Inc. ("Mongo") (NASDAQ:MDB) concerning possible violations of federal ...

1 day ago - Accesswire

Levi & Korsinsky Investigates Possible Securities Fraud Violations by MongoDB, Inc. (MDB)

NEW YORK, NY / ACCESSWIRE / June 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MongoDB, Inc. ("Mongo") (NASDAQ:MDB) concerning possible violations of federal...

4 days ago - Accesswire

MongoDB, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - MDB

NEW YORK, NY / ACCESSWIRE / June 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MongoDB, Inc. ("Mongo") (NASDAQ:MDB) concerning possible violations of federal...

6 days ago - Accesswire

Shareholders that Lost Money on MongoDB, Inc.(MDB) Should Contact Levi & Korsinsky About Securities Fraud Investigation - MDB

NEW YORK, NY / ACCESSWIRE / June 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MongoDB, Inc. ("Mongo") (NASDAQ:MDB) concerning possible violations of federal...

6 days ago - Accesswire

Bendigo and Adelaide Bank Partners with MongoDB to Modernize Core Banking Technology Using Generative AI

Australia's most trusted bank is using MongoDB Atlas and generative AI to significantly reduce costs and accelerate customer-focused innovation NEW YORK, June 13, 2024 /PRNewswire/ -- MongoDB, Inc. (N...

19 days ago - PRNewsWire

This MongoDB Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday - MongoDB (NASDAQ:MDB)

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

4 weeks ago - Benzinga

CE 100 Index Slips 1.1% as MongoDB Shares Slide After Earnings

The CE 100 Index slipped 1.1%, as AI names were – to put it mildly – volatile in the wake of earnings reports. MongoDB Leads to the Downside MongoDB shares sank 32.5% and led the Enablers segment 2.6%...

4 weeks ago - PYMNTS

Software stocks got pummeled this week after a cluster of troubling earnings reports

Salesforce's disappointing revenue and weak guidance sent the stock to its biggest drop since 2004. Many other enterprise technology companies offered similarly troubling commentary.

Other symbols: CRMDELLOKTAPATHSVEEV
4 weeks ago - CNBC

Stock Market Today: Nasdaq Slips as Magnificent 7 Stocks Drop

The Dow Jones Industrial Average, on the other hand, gained ground Friday as Salesforce bounced back.

Other symbols: AMZNDELLNVDA
4 weeks ago - Kiplinger

MongoDB (MDB) Sinks on Lower Guidance

MongoDB (MDB) sinks on lower guidance. MDB's 1Q adjusted EPS came in at $0.51 versus an estimated $0.38 and revenue came in at $450.56M versus an estimated $438.44M.

4 weeks ago - Schwab Network

MongoDB stock down 25% on Q1 earnings: buy the dip?

A 25% hit to shares of MongoDB Inc (NASDAQ: MDB) following its Q1 earnings report is not particularly worth buying, says Matthew Broome – a Mizuho analyst. MongoDB stock lacks a meaningful upside Mong...

4 weeks ago - Invezz

MongoDB Stock Plunges On Weak Guidance—Watch This Key Chart Level

MongoDB (MDB) shares plunged more than 20% in premarket trading Friday as soft guidance offset stronger-than-expected quarterly results.

4 weeks ago - Investopedia

NTAP, DELL, MDB, ZS, COST: Earnings Extravaganza

NetApp (NTAP), Dell (DELL), MongoDB (MDB), ZScaler (ZS), and Costco's (COST) earnings were just released. Kevin Green and Diane King Hall discuss the takeaways from these earnings.

Other symbols: DELLCOSTNTAPZS
4 weeks ago - Schwab Network

MongoDB's stock set to tumble by a quarter as management voices caution

MongoDB Inc. took a cautious tone in discussing the year ahead, which is weighing heavily on its stock in Thursday's extended session.

4 weeks ago - Market Watch

MongoDB shares sink 23% after management trims guidance

Slower than expected consumption growth in the April quarter pushed MongoDB executives to lower their fiscal 2025 forecast, which trailed expectations. Year-over-year revenue growth slowed for the thi...

4 weeks ago - CNBC

MongoDB Shares Swoon as Guidance Disappoints

CEO Dev Ittycheria said that the cloud-based database software company is off to a slower-than-expected start to the year for both new customer wins and for consumption growth.

4 weeks ago - Barrons

MongoDB, Inc. Announces First Quarter Fiscal 2025 Financial Results

First Quarter Fiscal 2025 Total Revenue of $450.6 million, up 22% Year-over-Year Continued Strong Customer Growth with Over 49,200 Customers as of April 30, 2024 MongoDB Atlas Revenue up 32% Year-over...

4 weeks ago - PRNewsWire

MongoDB, Inc. to Present at the Baird 2024 Global Consumer, Technology & Services Conference and the 44th Annual William Blair Growth Stock Conference

NEW YORK , May 29, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that it will present at two upcoming conferences: the Baird 2024 Global Consumer, Technology & Services Conference i...

4 weeks ago - PRNewsWire

MongoDB Furthers Commitment to Security and Compliance with New Industry Certifications

Four new independently vetted certifications empower organizations with unique regulatory requirements to confidently adopt and run MongoDB Atlas NEW YORK , May 23, 2024 /PRNewswire/ -- MongoDB, Inc. ...

5 weeks ago - PRNewsWire

MongoDB, Inc. Announces Date of First Quarter Fiscal 2025 Earnings Call

NEW YORK , May 10, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced it will report its first quarter fiscal year 2025 financial results for the three months ended April 30, 2024, after...

7 weeks ago - PRNewsWire

MongoDB Announces New Capabilities for MongoDB Atlas to Streamline Building Modern Applications

General availability of MongoDB Atlas Stream Processing makes it easier for developers to use real-time streaming data to build event-driven application experiences in a unified environment MongoDB At...

2 months ago - PRNewsWire

MongoDB Launches Certification Program for Cloud Partners Offering MongoDB Database Services

New Certified by MongoDB DBaaS program provides cloud infrastructure partners access to the latest MongoDB product features and the ability to offer first-class managed database services to their cust...

2 months ago - PRNewsWire

MongoDB and Google Cloud Collaborate to Optimize Gemini Code Assist for Developers Building Applications on MongoDB

Gemini Code Assist enables developers to accelerate application development and modernization on MongoDB using AI-powered coding assistance NEW YORK , May 2, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ...

Other symbols: GOOG
2 months ago - PRNewsWire

MongoDB Announces General Availability of MongoDB Atlas Vector Search Integration with Amazon Bedrock

New integration of MongoDB Atlas Vector Search Knowledge Bases for Amazon Bedrock accelerates development of highly engaging generative AI-powered applications Novo Nordisk among customers building AI...

2 months ago - PRNewsWire