MongoDB’s (MDB) “Buy” Rating Reaffirmed at Guggenheim

MongoDB (NASDAQ:MDB)‘s stock had its “buy” rating restated by stock analysts at Guggenheim in a report released on Friday,Benzinga reports. They presently have a $475.00 target price on the stock. Guggenheim’s price objective points to a potential upside of 54.55% from the company’s current price.

Several other brokerages have also recently commented on MDB. Cantor Fitzgerald lifted their price objective on shares of MongoDB from $378.00 to $416.00 and gave the company an “overweight” rating in a research note on Tuesday. Wall Street Zen cut shares of MongoDB from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. DA Davidson decreased their target price on shares of MongoDB from $465.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Wedbush upped their price target on shares of MongoDB from $380.00 to $390.00 and gave the company an “outperform” rating in a report on Friday. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $385.00 price target on shares of MongoDB in a research report on Tuesday. Twenty-seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, MongoDB has a consensus rating of “Moderate Buy” and a consensus target price of $383.23.

MongoDB Price Performance

MongoDB stock traded down $18.34 during trading hours on Friday, hitting $307.34. 3,390,418 shares of the stock traded hands, compared to its average volume of 1,925,406. The firm’s 50 day moving average price is $272.10 and its 200-day moving average price is $333.73. The stock has a market capitalization of $24.70 billion, a price-to-earnings ratio of -351.87 and a beta of 1.48. MongoDB has a 1 year low of $182.43 and a 1 year high of $444.72.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Thursday, May 28th. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.13. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The firm had revenue of $687.62 million during the quarter, compared to analysts’ expectations of $664.53 million. During the same period last year, the business 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. Research analysts forecast that MongoDB will post -0.46 earnings per share for the current fiscal year.

Insider Buying and Selling at MongoDB

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total transaction of $390,450.78. Following the completion of the transaction, the director directly owned 24,093 shares in the company, valued at approximately $6,007,107.69. This represents a 6.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 6,000 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $314.98, for a total transaction of $1,889,880.00. Following the transaction, the director directly owned 470,896 shares in the company, valued at approximately $148,322,822.08. The trade was a 1.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 31,566 shares of company stock valued at $8,744,791. 2.60% of the stock is owned by insiders.

Institutional Investors Weigh In On MongoDB

Several large investors have recently bought and sold shares of MDB. Clark Financial Services Group Inc. BD lifted its stake in shares of MongoDB by 1.5% in the 4th quarter. Clark Financial Services Group Inc. BD now owns 1,669 shares of the company’s stock valued at $702,000 after purchasing an additional 25 shares in the last quarter. Root Financial Partners LLC increased its position in MongoDB by 58.2% during 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 in the last quarter. True Wealth Design LLC increased its position in MongoDB by 9.4% during the 4th quarter. True Wealth Design LLC now owns 419 shares of the company’s stock worth $176,000 after purchasing an additional 36 shares in the last quarter. HighPoint Advisor Group LLC raised its holdings in MongoDB by 2.5% in the fourth quarter. HighPoint Advisor Group LLC now owns 1,491 shares of the company’s stock valued at $626,000 after buying an additional 36 shares during the period. Finally, Lido Advisors LLC raised its holdings in MongoDB by 3.4% in the fourth quarter. Lido Advisors LLC now owns 1,092 shares of the company’s stock valued at $458,000 after buying an additional 36 shares during the period. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB reported first-quarter fiscal 2027 results that beat expectations, with revenue up about 25% year over year to $687.6 million and EPS of $1.32 topping estimates. The company also raised full-year and Q2 guidance well above Wall Street forecasts, which is supporting bullish sentiment. MongoDB Announces First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Analysts turned more constructive after the report, with Oppenheimer, Mizuho, Monness Crespi & Hardt, BMO Capital Markets, Cantor Fitzgerald, and Canaccord all raising price targets and maintaining buy/outperform-style ratings. The new targets cluster around the low-$400s, implying meaningful upside from current levels. Analyst price target updates
• Neutral Sentiment: Several earnings-transcript articles are circulating as investors parse management’s comments on Atlas growth, AI demand, and the company’s outlook. These discussions are helping traders gauge whether growth is becoming more predictable, but they are not a separate catalyst on their own. MongoDB Q1 2027 Earnings Call Transcript
• Negative Sentiment: Some commentary noted that investors worried the company’s remarks about Atlas growth becoming more predictable could signal a softer near-term growth trajectory, which may explain some intraday volatility even after the earnings beat. Why MDB Stock Is Up Overnight After Wild Ride Today

About MongoDB

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.