MongoDB, Inc. (MDB)

NASDAQ: MDB · IEX Real-Time Price · USD
217.40
+3.47 (1.62%)
At close: Mar 29, 2023, 4:00 PM
220.00
+2.60 (1.20%)
Pre-market: Mar 30, 2023, 4:00 AM EDT
1.62%
Market Cap 15.23B
Revenue (ttm) 1.28B
Net Income (ttm) -345.40M
Shares Out 70.04M
EPS (ttm) -5.03
PE Ratio n/a
Forward PE 312.50
Dividend n/a
Ex-Dividend Date n/a
Volume 656,821
Open 217.00
Previous Close 213.93
Day's Range 215.43 - 219.76
52-Week Range 135.15 - 471.96
Beta 0.99
Analysts Buy
Price Target 253.89 (+16.79%)
Earnings Date Mar 8, 2023

About MDB

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 kn... [Read more]

Sector Technology
IPO Date Oct 19, 2017
Employees 4,534
Stock Exchange NASDAQ
Ticker Symbol MDB
Full Company Profile

Financial Performance

In 2023, MongoDB's revenue was $1.28 billion, an increase of 46.95% compared to the previous year's $873.78 million. Losses were -$345.40 million, 12.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 32 analysts, the average rating for MDB stock is "Buy." The 12-month stock price forecast is $253.89, which is an increase of 16.79% from the latest price.

Price Target
$253.89
(16.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why MongoDB (MDB) Might be Well Poised for a Surge

MongoDB (MDB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 days ago - Zacks Investment Research

Fed Says Rate Hike Nearing End: 5 Tech Stocks to Buy on the Dip

We have narrowed our search to five U.S.-based technology stocks with attractive valuations. These are: ABNB, OKTA, SPLK, MDB and ZS.

Other symbols: ABNBOKTASPLKZS
5 days ago - Zacks Investment Research

Someone Is Buying The Dip In MongoDB

MongoDB (NASDAQ: MDB) shares aren't down because of bad Q4 results or a weak outlook; they are down because the analysts wanted more than they got. This is a growth story, and when it comes to market ...

2 weeks ago - MarketBeat

MongoDB stock drops as Street hopes ‘derisked' forecast allows better focus on sales strategy

MongoDB Inc. shares dropped Thursday as some on Wall Street hoped the company's conservative forecast against a tough cloud-software backdrop prompted it to focus on selling the products it has rather...

2 weeks ago - Market Watch

MongoDB stock declines despite Q4 earnings beat

Yahoo Finance Live's Julie Hyman breaks down the decline in stock for MongoDB.

2 weeks ago - Yahoo Finance

MongoDB (MDB) Q4 Earnings Beat Estimates, Revenues Jump Y/Y

MongoDB's (MDB) fourth-quarter fiscal 2023 results reflect steady user growth on the back of the robust uptake of Atlas.

2 weeks ago - Zacks Investment Research

MongoDB Stock Falls but Analyst Sees 'Durable Growth Runway' Ahead

The database software firm's guidance was considered conservative by analysts.

2 weeks ago - Barrons

MongoDB (MDB) Q4 Earnings and Revenues Surpass Estimates

MongoDB (MDB) delivered earnings and revenue surprises of 714.29% and 7.59%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

MongoDB stock drops as revenue outlook falls short

MongoDB Inc. MDB, +2.26% shares dropped in the extended session Wednesday after the database company's revenue outlook overshadowed better-than-expected results. MongoDB shares fell as much as 11% aft...

3 weeks ago - Market Watch

MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2023 Financial Results

Fourth Quarter Fiscal 2023 Total Revenue of $361.3 million, up 36% Year-over-Year Full Year Fiscal 2023 Total Revenue of $1,284.0 million, up 47% Year-over-Year Continued Strong Customer Growth with O...

3 weeks ago - PRNewsWire

MongoDB (MDB) to Report Q4 Earnings: What's in the Offing?

MongoDB's (MDB) fourth-quarter fiscal 2023 results are expected to reflect the high retention rate and growth in direct sales customers.

3 weeks ago - Zacks Investment Research

MongoDB, Inc. to Present at the Morgan Stanley Technology, Media & Telecom Conference

NEW YORK , March 2, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that its President and Chief Executive Officer, Dev Ittycheria, and its Chief Operating Officer and Chief Financial...

3 weeks ago - PRNewsWire

MongoDB, Inc. Announces Date of Fourth Quarter and Full Year Fiscal 2023 Earnings Call

NEW YORK , Feb. 15, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced it will report its fourth quarter and full year fiscal year 2023 financial results for the three months ended Janua...

1 month ago - PRNewsWire

These 3 Tech Companies Boast Strong Growth Outlooks

An earnings "apocalypse" that has failed to materialize has helped keep the market afloat in 2023, with the Federal Reserve also giving the market some much-needed juice. With sentiment shifting, inve...

Other symbols: ANETSPLK
1 month ago - Zacks Investment Research

MongoDB Atlas for Government Achieves FedRAMP® Moderate Authorization

Innovative cloud service helps U.S. government agencies build modern applications faster and more securely NEW YORK , Feb. 8, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), today announced that it ...

1 month ago - PRNewsWire

Is MongoDB (MDB) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how MongoDB (MDB) and RingCentral (RNG) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Low-Beta Technology; 3 Top Stocks to Consider

The technology sector has been a favorite among investors over the last decade, providing explosive gains. Following a rough 2022, many have become aware of how volatile the sector can be.

Other symbols: MSIZS
2 months ago - Zacks Investment Research

Best Investment for 2023: Value vs. Growth?

Should we expect the same for 2023 or will growth and technology stocks start to make a comeback?

2 months ago - Zacks Investment Research

MongoDB, Inc. to Present at the 25th Annual Needham Growth Conference

NEW YORK , Jan. 4, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that its Chief Operating Officer and Chief Financial Officer, Michael Gordon, and its Senior Vice President of Finan...

3 months ago - PRNewsWire

3 Tech Stocks With a Favorable Outlook for Early 2023

With investors flipping their calendars, hopes of a more prosperous year are undoubtedly widespread. And perhaps to the surprise of some, several technology stocks have a bright outlook for the beginn...

Other symbols: ANETJBL
3 months ago - Zacks Investment Research

Top Wall Street analysts like these stocks in 2023

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Alphabet & Papa John's.

Other symbols: GOOGLPZZASTAAVZGOOG
3 months ago - CNBC

Does MongoDB (MDB) Have the Potential to Rally 35% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 34.8% in MongoDB (MDB). While the effectiveness of this highly sought-after metric is questionable, the positiv...

3 months ago - Zacks Investment Research

Wedbush analyst Taz Koujalgi is bullish on these software picks

Taz Koujalgi, Wedbush analyst, joins 'TechCheck' to discuss bullish calls in the software space, cyber security concerns driving demand, and the influence of interest rates and the dollar strength on ...

Other symbols: CRWDDDOGOKTA
3 months ago - CNBC Television

3 Stocks Not Cooling Down in December

While many stocks have struggled to gain traction during December, all three of these have entirely ignored the market's cold landscape.

Other symbols: DOCUTME
3 months ago - Zacks Investment Research

Earnings Estimates Rising for MongoDB (MDB): Will It Gain?

MongoDB (MDB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research