Analysts Set MongoDB, Inc. (NASDAQ:MDB) Target Price at $414.23

Posted by on Aug 23rd, 2026

Shares of MongoDB, Inc. (NASDAQ:MDB – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the thirty-six brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-eight have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $436.7812.

A number of research analysts recently issued reports on MDB shares. Rosenblatt Securities reiterated a “buy” rating and issued a $385.00 target price on shares of MongoDB in a research note on Tuesday, May 26th. The Goldman Sachs Group reissued a “buy” rating and set a $453.00 target price on shares of MongoDB in a research report on Wednesday. Royal Bank Of Canada upped their price target on shares of MongoDB from $395.00 to $515.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. DA Davidson reaffirmed a “buy” rating and issued a $375.00 price target on shares of MongoDB in a research report on Friday, May 29th. Finally, Citigroup reiterated an “outperform” rating on shares of MongoDB in a research note on Wednesday.

Check Out Our Latest Analysis on MDB

Insider Activity

In other MongoDB news, CFO Michael J. Berry sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $356.63, for a total value of $1,783,150.00. Following the sale, the chief financial officer owned 1,500 shares of the company’s stock, valued at $534,945. This trade represents a 76.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dwight A. Merriman sold 6,000 shares of MongoDB stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $451.75, for a total value of $2,710,500.00. Following the completion of the transaction, the director directly owned 452,896 shares in the company, valued at approximately $204,595,768. This represents a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 125,746 shares of company stock worth $49,310,038 over the last 90 days. Company insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On MongoDB

A number of institutional investors and hedge funds have recently bought and sold shares of MDB. Saudi Central Bank boosted its holdings in MongoDB by 82.6% in the 2nd quarter. Saudi Central Bank now owns 5,485 shares of the company’s stock valued at $1,842,000 after purchasing an additional 2,481 shares during the period. NBH Bank acquired a new stake in MongoDB in the 2nd quarter worth $34,000. AlphaGrep UK Ltd bought a new position in shares of MongoDB during the 2nd quarter worth about $265,000. FirstWave Capital Management LLC bought a new position in shares of MongoDB during the 2nd quarter worth about $2,132,000. Finally, Syon Capital LLC raised its position in shares of MongoDB by 30.7% during the second quarter. Syon Capital LLC now owns 1,692 shares of the company’s stock valued at $568,000 after buying an additional 397 shares during the last quarter. Institutional investors own 89.29% of the company’s stock.

MongoDB Stock Performance

MDB opened at $430.83 on Tuesday. The firm has a market cap of $34.65 billion, a P/E ratio of -1,164.41, a price-to-earnings-growth ratio of 3,060.66 and a beta of 1.55. The business has a 50 day moving average price of $357.01 and a 200 day moving average price of $318.89. MongoDB has a twelve month low of $208.65 and a twelve month high of $473.10.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.19 by $0.13. MongoDB had a negative return on equity of 1.39% and a negative net margin of 1.12%.The company had revenue of $687.62 million for the quarter, compared to the consensus estimate of $664.53 million. During the same quarter last year, the company posted $1.00 earnings per share. The company’s revenue for the quarter was up 25.2% compared to the same quarter last year. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. As a group, analysts anticipate that MongoDB will post 0.01 earnings per share for the current fiscal year.

MongoDB Company Profile

(Get Free Report)

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.

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