MongoDB, Inc. (NASDAQ:MDB – Get Free Report) Director Archana Agrawal sold 1,000 shares of the business’s stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $400.00, for a total value of $400,000.00. Following the transaction, the director owned 4,328 shares of the company’s stock, valued at $1,731,200. This trade represents a 18.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
MongoDB Stock Performance
NASDAQ:MDB opened at $337.57 on Friday. The stock has a market cap of $27.19 billion, a price-to-earnings ratio of 475.45, a PEG ratio of 32.68 and a beta of 1.74. MongoDB, Inc. has a 1 year low of $215.68 and a 1 year high of $473.10. The business has a fifty day moving average of $394.42 and a 200-day moving average of $340.63.
MongoDB (NASDAQ:MDB – Get Free Report) last issued its quarterly earnings data on Tuesday, September 1st. The company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.28. The business had revenue of $771.77 million for the quarter, compared to analysts’ expectations of $735.01 million. MongoDB had a net margin of 2.12% and a return on equity of 1.06%. The company’s revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.00 earnings per share. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. On average, equities research analysts predict that MongoDB, Inc. will post 0.47 EPS for the current year.
Key MongoDB News
Here are the key news stories impacting MongoDB this week:
- Positive Sentiment: MongoDB’s expanding large-enterprise customer base is driving higher consumption of MongoDB Atlas, recurring revenue growth and wider adoption of AI-powered database capabilities. This supports the long-term growth case for the cloud platform. MongoDB enterprise customer growth article
- Positive Sentiment: Recent operating results remain strong: MongoDB previously exceeded quarterly earnings and revenue expectations, with revenue increasing 30.5% year over year. Analysts also maintain a generally favorable outlook, with the consensus rating at “Moderate Buy” and a target price well above recent trading levels. MongoDB analyst and earnings information
- Neutral Sentiment: A head-to-head comparison with Salesforce places MongoDB’s investment case alongside another large-cap software company, focusing on earnings, profitability, valuation, risk, institutional ownership and analyst views. The comparison provides context but does not introduce a new company-specific catalyst. MongoDB versus Salesforce comparison
- Negative Sentiment: Director Archana Agrawal sold 1,000 MongoDB shares for approximately $400,000, reducing her holdings by 18.77%. Because the transaction was made under a pre-arranged Rule 10b5-1 plan, it is a limited discretionary bearish signal, though insider selling can still weigh on sentiment. MongoDB director share sale
- Negative Sentiment: MongoDB continues to trade at a demanding valuation relative to its modest profitability, leaving the stock vulnerable to profit-taking and concerns about whether Atlas and AI-related growth can justify its premium multiple.
Analyst Upgrades and Downgrades
A number of analysts have commented on MDB shares. Cantor Fitzgerald restated an “overweight” rating and set a $540.00 price target on shares of MongoDB in a research report on Friday, October 2nd. Sanford C. Bernstein increased their price objective on shares of MongoDB from $449.00 to $484.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. Monness Crespi & Hardt raised their price objective on shares of MongoDB from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. DA Davidson dropped their target price on MongoDB from $465.00 to $415.00 and set a “buy” rating on the stock in a report on Wednesday, September 30th. Finally, BMO Capital Markets cut their target price on MongoDB from $450.00 to $420.00 and set an “outperform” rating for the company in a research report on Wednesday, September 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $462.91.
Get Our Latest Stock Analysis on MongoDB
Institutional Investors Weigh In On MongoDB
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Employees Provident Fund Board bought a new position in shares of MongoDB during the 4th quarter valued at about $203,365,000. Polar Capital Holdings Plc grew its stake in shares of MongoDB by 730.6% in the 4th quarter. Polar Capital Holdings Plc now owns 431,207 shares of the company’s stock worth $180,973,000 after purchasing an additional 379,289 shares during the last quarter. Sei Investments Co. raised its holdings in shares of MongoDB by 125.3% in the 1st quarter. Sei Investments Co. now owns 367,663 shares of the company’s stock worth $89,979,000 after purchasing an additional 204,446 shares in the last quarter. Contour Asset Management LLC bought a new stake in shares of MongoDB in the 4th quarter worth approximately $83,495,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of MongoDB by 55.0% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 549,970 shares of the company’s stock worth $134,616,000 after purchasing an additional 195,250 shares in the last quarter. 89.29% of the stock is currently owned by institutional investors.
About MongoDB
MongoDB, Inc develops and provides a general-purpose, document-oriented database platform. Its technology is designed to help organizations store, manage and analyze structured and unstructured data for applications such as artificial intelligence, analytics, mobile services, e-commerce and enterprise software.
The company’s principal offering is MongoDB Atlas, a fully managed cloud database service available across major cloud infrastructure providers. MongoDB also offers Enterprise Advanced, which provides commercial database software, security, operational controls and support for organizations running databases in their own environments or across hybrid and multicloud infrastructures.
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