MongoDB, Inc. (NASDAQ:MDB) Stock Rated “Moderate Buy” by Sell-Side Brokerages

MongoDB, Inc. (NASDAQ:MDB) has been given an average rating of “Moderate Buy” by the thirty-seven ratings firms that are covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $462.91.

A number of research analysts have weighed in on MDB shares. Wells Fargo & Company lifted their price objective on shares of MongoDB from $375.00 to $475.00 and gave the company an “overweight” rating in a report on Tuesday, August 25th. UBS Group lowered their price target on MongoDB from $410.00 to $375.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 30th. Mizuho set a $460.00 price objective on MongoDB in a report on Tuesday, September 29th. Wall Street Zen raised MongoDB from a “hold” rating to a “buy” rating in a report on Saturday, September 5th. Finally, Stifel Nicolaus cut their price objective on MongoDB from $465.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, September 30th.

Key MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Bank of America Securities reiterated its Buy rating and maintained a $540 price target, citing MongoDB’s potential to benefit from enterprise modernization, AI application development, and the differentiated capabilities of its document database platform. MongoDB gains as BofA highlights long-term AI strategy potential
• Positive Sentiment: Needham reaffirmed its Buy rating and set a $430 price target, while Scotiabank added MDB to its top-picks list. The endorsements suggest analysts view MongoDB’s investor-day messaging and AI strategy as supporting future growth. MongoDB pops as Needham, BofA stay bullish
• Neutral Sentiment: An article discussing OpenAI’s lower-than-expected reported revenue run rate raised questions about AI-company valuations, Oracle’s large AI contract, and the pace of AI infrastructure demand. These concerns could influence sentiment toward AI-related technology stocks, although they do not directly change MongoDB’s fundamentals. OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
• Negative Sentiment: Director Dwight Merriman reported sales totaling approximately $5.06 million across October 8–9. The transactions reduced his holdings, but they were executed under a pre-arranged Rule 10b5-1 trading plan, making them a less significant bearish signal than discretionary insider selling. MongoDB insider transaction filing

MongoDB Stock Down 2.2%

Shares of MDB opened at $373.07 on Wednesday. The company has a market capitalization of $30.05 billion, a price-to-earnings ratio of 525.45, a PEG ratio of 40.96 and a beta of 1.74. MongoDB has a 52 week low of $215.68 and a 52 week high of $473.10. The stock’s 50-day moving average price is $396.12 and its 200-day moving average price is $338.92.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings results on Tuesday, September 1st. The company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.28. MongoDB had a return on equity of 1.06% and a net margin of 2.12%. The company had revenue of $771.77 million during the quarter, compared to analysts’ expectations of $735.01 million. During the same period last year, the business earned $1.00 earnings per share. MongoDB’s quarterly revenue was up 30.5% on a year-over-year basis. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. As a group, equities analysts anticipate that MongoDB will post 0.47 EPS for the current fiscal year.

Insider Activity

In related news, Director Hope F. Cochran sold 1,000 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $375.92, for a total value of $375,920.00. Following the completion of the sale, the director owned 28,326 shares of the company’s stock, valued at approximately $10,648,309.92. The trade was a 3.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dwight A. Merriman sold 10,000 shares of the company’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $359.97, for a total transaction of $3,599,700.00. Following the transaction, the director owned 952,953 shares of the company’s stock, valued at $343,034,491.41. This represents a 1.04% 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 31,595 shares of company stock worth $13,065,211 in the last quarter. Corporate insiders own 2.60% of the company’s stock.

Institutional Trading of MongoDB

Institutional investors and hedge funds have recently modified their holdings of the stock. Moody National Bank Trust Division grew its position in shares of MongoDB by 3.1% in the second quarter. Moody National Bank Trust Division now owns 1,123 shares of the company’s stock valued at $377,000 after purchasing an additional 34 shares during the last quarter. Basecamp Wealth Advisors LLC lifted its position in shares of MongoDB by 14.3% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 287 shares of the company’s stock worth $70,000 after purchasing an additional 36 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in MongoDB by 27.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 178 shares of the company’s stock valued at $60,000 after purchasing an additional 38 shares during the period. Polymer Capital Management HK LTD boosted its stake in MongoDB by 2.5% during the 4th quarter. Polymer Capital Management HK LTD now owns 2,070 shares of the company’s stock valued at $869,000 after purchasing an additional 50 shares during the period. Finally, CX Institutional grew its holdings in MongoDB by 94.3% in the 2nd quarter. CX Institutional now owns 103 shares of the company’s stock valued at $35,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

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.