Several brokerages have updated their recommendations and price targets on shares of MongoDB (NASDAQ: MDB) in the last few weeks:
- 5/19/2026 – MongoDB had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $395.00 price target on the stock.
- 5/19/2026 – MongoDB had its price target raised by Bank of America Corporation from $350.00 to $375.00.
- 5/15/2026 – MongoDB was upgraded by Zacks Research from “strong sell” to “hold”.
- 5/15/2026 – MongoDB had its price target raised by BMO Capital Markets from $285.00 to $360.00. They now have an “outperform” rating on the stock.
- 5/12/2026 – MongoDB had its price target raised by Citigroup Inc. from $400.00 to $450.00. They now have a “buy” rating on the stock.
- 4/29/2026 – MongoDB was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
- 4/22/2026 – MongoDB had its price target lowered by Bank of America Corporation from $400.00 to $350.00. They now have an “underperform” rating on the stock.
- 4/18/2026 – MongoDB was downgraded by Wall Street Zen from “buy” to “hold”.
- 4/14/2026 – MongoDB had its “buy” rating reaffirmed by Guggenheim. They now have a $475.00 price target on the stock.
- 3/31/2026 – MongoDB was downgraded by Zacks Research from “hold” to “strong sell”.
- 3/27/2026 – MongoDB had its “sell (d-)” rating reaffirmed by Weiss Ratings.
- 3/23/2026 – MongoDB was upgraded by Mizuho from “neutral” to “outperform”. They now have a $325.00 price target on the stock, up from $290.00.
Insider Buying and Selling
In other news, Director Hope F. Cochran sold 1,566 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $249.33, for a total transaction of $390,450.78. Following the transaction, the director owned 24,093 shares of the company’s stock, valued at approximately $6,007,107.69. The trade was a 6.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Dwight A. Merriman sold 10,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $297.99, for a total value of $2,979,900.00. Following the completion of the sale, the director owned 993,316 shares of the company’s stock, valued at approximately $295,998,234.84. This represents a 1.00% 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 quarter, insiders sold 31,566 shares of company stock valued at $8,744,791. Company insiders own 3.10% of the company’s stock.
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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