MongoDB, Inc. (MDB)
| 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]
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 StatementsAnalyst 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.
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.
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.
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 ...
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...
MongoDB stock declines despite Q4 earnings beat
Yahoo Finance Live's Julie Hyman breaks down the decline in stock for MongoDB.
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.
MongoDB Stock Falls but Analyst Sees 'Durable Growth Runway' Ahead
The database software firm's guidance was considered conservative by analysts.
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?
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...
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...
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.
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...
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...
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...
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 ...
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.
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.
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 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...
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...
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 ...
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.
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.