MongoDB (NASDAQ:MDB) Rating Lowered to Hold at Wall Street Zen

Posted by Francis Steltz on Jul 28th, 2026

MongoDB (NASDAQ:MDB – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday.

Other research analysts have also issued reports about the company. Royal Bank Of Canada restated an “outperform” rating and issued a $395.00 price target on shares of MongoDB in a research report on Tuesday, May 19th. Scotiabank reiterated an “outperform” rating on shares of MongoDB in a report on Friday, May 29th. Canaccord Genuity Group increased their target price on MongoDB from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Zacks Research upgraded MongoDB from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, Cantor Fitzgerald boosted their target price on MongoDB from $378.00 to $416.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, MongoDB presently has an average rating of “Moderate Buy” and a consensus target price of $405.35.

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MongoDB Price Performance

Shares of NASDAQ MDB opened at $309.71 on Friday. The company’s 50 day simple moving average is $336.34 and its 200 day simple moving average is $318.64. MongoDB has a fifty-two week low of $198.47 and a fifty-two week high of $444.72. The firm has a market capitalization of $24.91 billion, a P/E ratio of -837.05, a P/E/G ratio of 1,222.21 and a beta of 1.55.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.13. The firm had revenue of $687.62 million for the quarter, compared to analysts’ expectations of $664.53 million. MongoDB had a negative net margin of 1.12% and a negative return on equity of 1.39%. The business’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period last year, the firm earned $1.00 earnings per share. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. Sell-side analysts expect that MongoDB will post 0.02 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Michael J. Berry sold 5,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $356.63, for a total transaction of $1,783,150.00. Following the completion of the sale, the chief financial officer directly owned 1,500 shares of the company’s stock, valued at approximately $534,945. This represents a 76.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Hope F. Cochran sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $350.00, for a total transaction of $350,000.00. Following the sale, the director owned 29,326 shares in the company, valued at $10,264,100. This trade represents a 3.30% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 127,746 shares of company stock valued at $47,343,538. 2.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of MDB. Cornerstone Planning Group LLC raised 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 worth $27,000 after acquiring an additional 61 shares during the period. International Assets Investment Management LLC acquired a new position in MongoDB in the 4th quarter worth $33,000. Root Financial Partners LLC boosted its stake in MongoDB by 58.2% in the 4th quarter. Root Financial Partners LLC now owns 87 shares of the company’s stock worth $37,000 after purchasing an additional 32 shares during the period. Global Trust Asset Management LLC bought a new position in MongoDB during the 4th quarter worth about $38,000. Finally, CX Institutional increased its holdings in MongoDB by 94.3% during the 2nd quarter. CX Institutional now owns 103 shares of the company’s stock worth $35,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 89.29% of the company’s stock.

About MongoDB

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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.