Month: September 2023

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On Orbisresearch.com, the most recent report, Global “NoSQL Databases Software” Market Trends and Insights, is now available.

1. Highlights of Report: The highlights section offers a succinct overview of the essential findings and insights presented in the report. It encapsulates the report’s focal points, including key trends, challenges, opportunities, and strategic recommendations, providing readers with a quick understanding of the report’s contents.

2. COVID-19 Impact: This section delves into the significant impact of the COVID-19 pandemic on the NoSQL Databases Software market. It evaluates the disruptions caused by the pandemic, such as supply chain interruptions, shifts in consumer behaviour, and changes in market demand. The analysis also considers the strategies employed by businesses to adapt, such as digital transformation and diversification of supply sources. The insights from this section enable businesses to understand the pandemic’s implications and develop responsive strategies.

3. Market Competitive Analysis: The competitive analysis section examines the intricate landscape of the NoSQL Databases Software market. It assesses key players, their market positioning, strengths, weaknesses, and strategic approaches. Through this analysis, businesses can identify potential partners, areas of differentiation, and strategies to enhance their market standing. The section also discusses factors contributing to competitive advantage, such as product innovation and customer engagement.

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4. Why Choose This Report? This section emphasizes the distinctive attributes that set this research report apart:

·        Comprehensive Insights: The report offers a holistic perspective of the NoSQL Databases Software market, incorporating elements such as the COVID-19 impact and competitive analysis.

·        Data-driven Analysis: Insights are derived from a blend of qualitative and quantitative research methodologies, ensuring accuracy and reliability.

·        Strategic Decision-making: The insights provided enable businesses to make well-informed strategic decisions that align with the dynamic NoSQL Databases Software market landscape.

·        Risk Mitigation: By understanding COVID-19 impact and competitive dynamics, businesses can develop strategies to mitigate risks and thrive amidst challenges.

·        Market Opportunities: The report identifies untapped growth prospects within the NoSQL Databases Software market, empowering businesses to seize potential avenues for expansion.

    Top Players in the NoSQL Databases Software market report
MongoDB
Amazon
ArangoDB
Azure Cosmos DB
Couchbase
MarkLogic
RethinkDB
CouchDB
SQL-RD
OrientDB
RavenDB
Redis  

5. FAQs: The FAQs section addresses common queries readers may have regarding the NoSQL Databases Software market and the report itself. This section offers concise answers to key questions, shedding light on various aspects of the market and the insights gleaned from the report.

5.1 What are the prevailing trends shaping the NoSQL Databases Software market? Trends include sustainability focus, evolving consumer demands for quality products, and technological advancements leading to innovation.

5.2 How did the COVID-19 pandemic impact the NoSQL Databases Software market? The pandemic disrupted supply chains, altered consumer behaviour, and influenced market demand for NoSQL Databases Software products. Businesses adapted through digital strategies and diversified supply sources.

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NoSQL Databases Software Market Segmentation:

NoSQL Databases Software Market by Types:

Cloud Based
Web Based

NoSQL Databases Software Market by Applications:

Large Enterprises
SMEs  

5.3 Who are the prominent players in the NoSQL Databases Software market? Key players vary in market share, product offerings, and geographic reach. Understanding the competitive landscape is pivotal for strategic decision-making.

5.4 What benefits does this report offer for NoSQL Databases Software market businesses? The report provides comprehensive insights into COVID-19 impact, competitive analysis, and growth opportunities, empowering businesses to navigate the market adeptly.

5.5 How can businesses leverage insights from this report? Insights can aid businesses in identifying strategic opportunities, data-driven decision-making, tailored strategy formulation, and strengthening their competitive edge.

5.6 What is the projected future outlook for the NoSQL Databases Software market? The report outlines the NoSQL Databases Software market’s future outlook, considering emerging trends, growth projections, and potential challenges that businesses should be prepared to address.

6. Market Size and Growth Projection: An analysis of the market’s size and growth projection is essential for businesses to assess the market’s potential. This section utilizes historical data, industry trends, and growth patterns to provide an informed estimate of the NoSQL Databases Software market’s size and its projected growth trajectory.

7. Customer Segmentation and Targeting: Understanding customer segments and effectively targeting them is critical for success in the NoSQL Databases Software market. This section delves into the various customer segments within the market and discusses strategies for tailoring products, services, and marketing efforts to meet their specific needs and preferences.

8. Regulatory Landscape and Compliance: The regulatory landscape has a significant impact on the operations of businesses within the NoSQL Databases Software market. This section examines the regulatory environment, including relevant policies, standards, and compliance requirements that market players must navigate to ensure legal and ethical operations.

9. Technological Advancements and Innovation: Innovation is a driving force in the NoSQL Databases Software market. This section explores technological advancements such as automation, AI, and blockchain that are transforming the way businesses operate within the market. It discusses the potential of these technologies to enhance efficiency, streamline processes, and create new opportunities.

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10. Sustainability and Environmental Considerations: Sustainability has become a focal point for businesses across industries, including NoSQL Databases Software. This section assesses the industry’s efforts to adopt sustainable practices, reduce environmental impact, and cater to eco-conscious consumers. It explores how businesses can align with sustainability goals while delivering value to customers.

11. Future Outlook and Anticipated Trends: Anticipating future trends is essential for long-term success. This section provides a forward-looking perspective on the NoSQL Databases Software market, considering emerging technologies, changing consumer behaviors, and regulatory shifts. It offers insights into how businesses can prepare for and adapt to these trends.

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FRANKFURT, Germany, Sept. 21, 2023 — MongoDB, today at MongoDB.local Frankfurt, announced MongoDB Atlas for Manufacturing and Automotive, a new initiative that helps organizations innovate with real-time data and build applications that take advantage of intelligent, connected technology.

MongoDB Atlas for Manufacturing and Automotive includes expert-led innovation workshops, tailored technology partnerships, and industry-specific knowledge accelerators to provide customized training paths designed for the wide range of use cases that developers in these industries work with—from digital twins of manufacturing facilities to predictive maintenance of factory equipment to highly engaging applications for connected cars. Get started with MongoDB Atlas for Manufacturing and Automotive now.

Technological advances in connectivity, automation, and real-time analytics are having a disruptive impact on the manufacturing industry, and even more so on the automotive sector as the industry transitions to renewable energy powertrains. Organizations in these industries need to transform their operations with real-time data and connected technologies to be able to deploy solutions like predictive and preventive maintenance of vehicles and manufacturing equipment, automated maintenance scheduling for consumers and factory technicians, and manufacturing process optimization with smart factory solutions and supply chain automation. However, these modern solutions use connected technologies with large numbers of IoT devices and sensors that generate massive amounts of data. To be effective, organizations need the ability to collect, process, and analyze high-volume data from different sources in real time—a process that is extremely challenging.

For example, the data that IoT devices and sensors generate comes in many different formats and must be normalized, combined, and processed before advanced analytics can begin. Even then, many organizations often lack the expertise required to build applications that can analyze real-time data for use cases like identifying potential defects in vehicle fleets for safety improvement or detecting anomalies in factory machinery to prevent equipment failure. Because of the many challenges involved with collecting, processing, and analyzing vast amounts of real-time data, many organizations in the automotive and manufacturing industries are unable to build and deploy modern applications that take advantage of connected technologies to transform their businesses.

“The automotive and manufacturing industries are embracing a foundational transformation from manual assembly-line type operations to intelligent organizations based on software and automation. New vehicle drivetrains and complementary technologies provide access to vast amounts of data that is not only available in real-time but needs to be processed in real-time as well,” said Boris Bialek, Field CTO of Industry Solutions at MongoDB. “This industry-wide transformation is in its early stages, and many companies are just starting to figure out what they need to effectively collect, process, and analyze all of this data so they can make better business decisions and enhance end-user experiences. MongoDB Atlas for Manufacturing and Automotive accelerates this transformation by providing a set of expert-led industry initiatives to help organizations quickly go from ‘overwhelmed by data’ to ‘deriving valuable insights from data’ with modern applications.”

Organizations can now take advantage of MongoDB Atlas for Manufacturing and Automotive to reimagine end-user experiences and transform manufacturing processes:

• Develop new strategies to tackle industry-specific challenges with innovation workshops.
• Leverage technology partnerships and expertise to accelerate innovation.
• Jumpstart modern application development with real-time data.
• Upskill teams to quickly build modern applications.

In addition to offering the MongoDB Atlas for Manufacturing and Automotive initiative, MongoDB is a launch partner for the Amazon Web Services (AWS) Automotive Competency. To obtain this competency, MongoDB underwent rigorous technical validation to ensure that MongoDB and AWS can help automotive organizations build towards an autonomous, customer-centric, safe, sustainable future. This builds on MongoDB’s long-standing relationship with AWS, including MongoDB Atlas’ availability in the AWS Marketplace.

“MongoDB and AWS have worked closely together across many industries during our eight-year partnership, and with MongoDB as one of the launch partners for the AWS Automotive Competency, another one can be added to that list,” said Wendy Bauer, General Manager of Automotive and Manufacturing at AWS. “This industry is rapidly evolving, fueled by a demand to meet changing customer preferences, and the complexity of the automotive industry’s challenges requires partners with deep automotive experience. MongoDB Atlas on AWS has a track record of unlocking the innovation needed to deliver the next-generation mobility experiences that customers are demanding.”

About MongoDB

Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, our developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today’s wide variety of modern applications, all in a unified and consistent user experience. MongoDB has tens of thousands of customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com.

Source: MongoDB

Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

The networking equipment company


Cisco Systems


said it would acquire


Splunk


for $157 a share in cash in a deal with an enterprise value of…

Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

Everhart Financial Group Inc. acquired a new position in MongoDB, Inc. (NASDAQ:MDB – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 714 shares of the company’s stock, valued at approximately $293,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Moody National Bank Trust Division increased its stake in shares of MongoDB by 2.9% in the second quarter. Moody National Bank Trust Division now owns 1,346 shares of the company’s stock worth $553,000 after acquiring an additional 38 shares during the period. CWM LLC boosted its holdings in MongoDB by 2.4% during the first quarter. CWM LLC now owns 2,235 shares of the company’s stock worth $521,000 after buying an additional 52 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in MongoDB by 29.5% during the first quarter. First Horizon Advisors Inc. now owns 228 shares of the company’s stock worth $53,000 after buying an additional 52 shares in the last quarter. Bleakley Financial Group LLC boosted its holdings in MongoDB by 5.3% during the first quarter. Bleakley Financial Group LLC now owns 1,144 shares of the company’s stock worth $267,000 after buying an additional 58 shares in the last quarter. Finally, Cetera Advisor Networks LLC boosted its holdings in MongoDB by 7.4% during the second quarter. Cetera Advisor Networks LLC now owns 860 shares of the company’s stock worth $223,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 88.89% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Canaccord Genuity Group increased their price target on shares of MongoDB from $410.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, September 5th. Citigroup increased their price objective on shares of MongoDB from $430.00 to $455.00 and gave the company a “buy” rating in a report on Monday, August 28th. Argus increased their price objective on shares of MongoDB from $435.00 to $484.00 and gave the company a “buy” rating in a report on Tuesday, September 5th. Macquarie increased their price objective on shares of MongoDB from $434.00 to $456.00 in a report on Friday, September 1st. Finally, Stifel Nicolaus increased their price objective on shares of MongoDB from $420.00 to $450.00 and gave the company a “buy” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat.com, MongoDB has a consensus rating of “Moderate Buy” and a consensus price target of $418.08.

Get Our Latest Stock Report on MongoDB

Insider Buying and Selling

In other news, CTO Mark Porter sold 2,734 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $412.33, for a total transaction of $1,127,310.22. Following the completion of the sale, the chief technology officer now owns 35,056 shares in the company, valued at approximately $14,454,640.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Hope F. Cochran sold 2,174 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $361.31, for a total transaction of $785,487.94. Following the completion of the sale, the director now owns 9,722 shares in the company, valued at approximately $3,512,655.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Mark Porter sold 2,734 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $412.33, for a total transaction of $1,127,310.22. Following the sale, the chief technology officer now owns 35,056 shares of the company’s stock, valued at approximately $14,454,640.48. The disclosure for this sale can be found here. Insiders sold 104,694 shares of company stock worth $41,820,161 over the last 90 days. 4.80% of the stock is owned by insiders.

MongoDB Stock Performance

Shares of MongoDB stock opened at $351.66 on Thursday. MongoDB, Inc. has a 52-week low of $135.15 and a 52-week high of $439.00. The company has a 50 day moving average of $383.50 and a 200 day moving average of $319.18. The company has a current ratio of 4.48, a quick ratio of 4.48 and a debt-to-equity ratio of 1.29.

About MongoDB

(Free Report)

MongoDB, Inc provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

Featured Articles

Want to see what other hedge funds are holding MDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MongoDB, Inc. (NASDAQ:MDB – Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

MongoDB, Inc. (NASDAQ:MDB – Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock traders acquired 23,831 put options on the stock. This represents an increase of approximately 2,157% compared to the average volume of 1,056 put options.

Insider Activity at MongoDB

In other news, CAO Thomas Bull sold 516 shares of the business’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $406.78, for a total transaction of $209,898.48. Following the sale, the chief accounting officer now owns 17,190 shares in the company, valued at approximately $6,992,548.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CAO Thomas Bull sold 516 shares of the business’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $406.78, for a total transaction of $209,898.48. Following the sale, the chief accounting officer now owns 17,190 shares in the company, valued at approximately $6,992,548.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Dev Ittycheria sold 50,000 shares of the business’s stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $407.07, for a total transaction of $20,353,500.00. Following the sale, the chief executive officer now owns 218,085 shares in the company, valued at approximately $88,775,860.95. The disclosure for this sale can be found here. Insiders have sold a total of 104,694 shares of company stock worth $41,820,161 over the last quarter. Corporate insiders own 4.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MDB. GPS Wealth Strategies Group LLC bought a new stake in MongoDB in the second quarter worth $26,000. KB Financial Partners LLC bought a new stake in MongoDB in the second quarter worth $27,000. Capital Advisors Ltd. LLC lifted its position in MongoDB by 131.0% in the second quarter. Capital Advisors Ltd. LLC now owns 67 shares of the company’s stock worth $28,000 after buying an additional 38 shares during the last quarter. Bessemer Group Inc. bought a new stake in MongoDB in the fourth quarter worth $29,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in MongoDB in the fourth quarter worth $30,000. 88.89% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on MDB shares. Guggenheim upped their price target on shares of MongoDB from $220.00 to $250.00 and gave the stock a “sell” rating in a research note on Friday, September 1st. Argus upped their price target on shares of MongoDB from $435.00 to $484.00 and gave the stock a “buy” rating in a research note on Tuesday, September 5th. Oppenheimer upped their price target on shares of MongoDB from $430.00 to $480.00 and gave the stock an “outperform” rating in a research note on Friday, September 1st. Macquarie upped their price target on shares of MongoDB from $434.00 to $456.00 in a research note on Friday, September 1st. Finally, UBS Group upped their price target on shares of MongoDB from $425.00 to $465.00 and gave the stock a “buy” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-one have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $418.08.

Get Our Latest Report on MDB

MongoDB Trading Down 1.1 %

MDB stock opened at $351.66 on Thursday. The firm has a fifty day moving average price of $383.50 and a 200 day moving average price of $319.18. MongoDB has a fifty-two week low of $135.15 and a fifty-two week high of $439.00. The company has a debt-to-equity ratio of 1.29, a quick ratio of 4.48 and a current ratio of 4.48. The firm has a market cap of $25.09 billion, a PE ratio of -101.64 and a beta of 1.11.

MongoDB Company Profile

(Get Free Report)

MongoDB, Inc provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

See Also

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Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

MongoDB, Inc. (NASDAQ:MDB – Get Free Report) saw unusually large options trading activity on Wednesday. Stock traders purchased 36,130 call options on the stock. This is an increase of 2,077% compared to the average daily volume of 1,660 call options.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MDB shares. 58.com restated a “maintains” rating on shares of MongoDB in a research note on Monday, June 26th. Guggenheim upped their price target on MongoDB from $220.00 to $250.00 and gave the stock a “sell” rating in a research note on Friday, September 1st. Tigress Financial increased their target price on MongoDB from $365.00 to $490.00 in a research report on Wednesday, June 28th. Truist Financial increased their target price on MongoDB from $420.00 to $430.00 and gave the company a “buy” rating in a research report on Friday, September 1st. Finally, Macquarie increased their target price on MongoDB from $434.00 to $456.00 in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-one have issued a buy rating to the stock. According to MarketBeat, MongoDB has an average rating of “Moderate Buy” and an average price target of $418.08.

Read Our Latest Research Report on MongoDB

MongoDB Stock Performance

MDB stock opened at $351.66 on Thursday. The company has a quick ratio of 4.48, a current ratio of 4.48 and a debt-to-equity ratio of 1.29. The business’s fifty day simple moving average is $383.50 and its two-hundred day simple moving average is $319.18. MongoDB has a twelve month low of $135.15 and a twelve month high of $439.00. The firm has a market cap of $25.09 billion, a price-to-earnings ratio of -101.64 and a beta of 1.11.

Insider Buying and Selling

In related news, Director Hope F. Cochran sold 2,174 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $361.31, for a total value of $785,487.94. Following the completion of the sale, the director now directly owns 9,722 shares of the company’s stock, valued at approximately $3,512,655.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Hope F. Cochran sold 2,174 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $361.31, for a total value of $785,487.94. Following the completion of the sale, the director now directly owns 9,722 shares of the company’s stock, valued at approximately $3,512,655.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Mark Porter sold 2,734 shares of the company’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $412.33, for a total value of $1,127,310.22. Following the completion of the transaction, the chief technology officer now owns 35,056 shares of the company’s stock, valued at $14,454,640.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 104,694 shares of company stock valued at $41,820,161. 4.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MongoDB

Several institutional investors have recently made changes to their positions in MDB. Jennison Associates LLC increased its stake in shares of MongoDB by 101,056.3% during the second quarter. Jennison Associates LLC now owns 1,988,733 shares of the company’s stock valued at $817,350,000 after buying an additional 1,986,767 shares during the period. 1832 Asset Management L.P. grew its stake in MongoDB by 3,283,771.0% in the fourth quarter. 1832 Asset Management L.P. now owns 1,018,000 shares of the company’s stock valued at $200,383,000 after purchasing an additional 1,017,969 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in MongoDB by 13.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 7,593,996 shares of the company’s stock valued at $1,770,313,000 after purchasing an additional 897,911 shares during the last quarter. Renaissance Technologies LLC grew its stake in MongoDB by 493.2% in the fourth quarter. Renaissance Technologies LLC now owns 918,200 shares of the company’s stock valued at $180,738,000 after purchasing an additional 763,400 shares during the last quarter. Finally, Norges Bank purchased a new position in MongoDB in the fourth quarter valued at about $147,735,000. Hedge funds and other institutional investors own 88.89% of the company’s stock.

About MongoDB

(Get Free Report)

MongoDB, Inc provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

Read More

Receive News & Ratings for MongoDB Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for MongoDB and related companies with MarketBeat.com’s FREE daily email newsletter.

Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

MongoDB, Inc. (NASDAQ:MDB – Get Free Report) saw unusually large options trading activity on Wednesday. Stock traders purchased 36,130 call options on the stock. This is an increase of 2,077% compared to the average daily volume of 1,660 call options.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MDB shares. 58.com restated a “maintains” rating on shares of MongoDB in a research note on Monday, June 26th. Guggenheim upped their price target on MongoDB from $220.00 to $250.00 and gave the stock a “sell” rating in a research note on Friday, September 1st. Tigress Financial increased their target price on MongoDB from $365.00 to $490.00 in a research report on Wednesday, June 28th. Truist Financial increased their target price on MongoDB from $420.00 to $430.00 and gave the company a “buy” rating in a research report on Friday, September 1st. Finally, Macquarie increased their target price on MongoDB from $434.00 to $456.00 in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-one have issued a buy rating to the stock. According to MarketBeat, MongoDB has an average rating of “Moderate Buy” and an average price target of $418.08.

Read Our Latest Research Report on MongoDB

MongoDB Stock Performance

MDB stock opened at $351.66 on Thursday. The company has a quick ratio of 4.48, a current ratio of 4.48 and a debt-to-equity ratio of 1.29. The business’s fifty day simple moving average is $383.50 and its two-hundred day simple moving average is $319.18. MongoDB has a twelve month low of $135.15 and a twelve month high of $439.00. The firm has a market cap of $25.09 billion, a price-to-earnings ratio of -101.64 and a beta of 1.11.

Insider Buying and Selling

In related news, Director Hope F. Cochran sold 2,174 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $361.31, for a total value of $785,487.94. Following the completion of the sale, the director now directly owns 9,722 shares of the company’s stock, valued at approximately $3,512,655.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Hope F. Cochran sold 2,174 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $361.31, for a total value of $785,487.94. Following the completion of the sale, the director now directly owns 9,722 shares of the company’s stock, valued at approximately $3,512,655.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Mark Porter sold 2,734 shares of the company’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $412.33, for a total value of $1,127,310.22. Following the completion of the transaction, the chief technology officer now owns 35,056 shares of the company’s stock, valued at $14,454,640.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 104,694 shares of company stock valued at $41,820,161. 4.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MongoDB

Several institutional investors have recently made changes to their positions in MDB. Jennison Associates LLC increased its stake in shares of MongoDB by 101,056.3% during the second quarter. Jennison Associates LLC now owns 1,988,733 shares of the company’s stock valued at $817,350,000 after buying an additional 1,986,767 shares during the period. 1832 Asset Management L.P. grew its stake in MongoDB by 3,283,771.0% in the fourth quarter. 1832 Asset Management L.P. now owns 1,018,000 shares of the company’s stock valued at $200,383,000 after purchasing an additional 1,017,969 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in MongoDB by 13.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 7,593,996 shares of the company’s stock valued at $1,770,313,000 after purchasing an additional 897,911 shares during the last quarter. Renaissance Technologies LLC grew its stake in MongoDB by 493.2% in the fourth quarter. Renaissance Technologies LLC now owns 918,200 shares of the company’s stock valued at $180,738,000 after purchasing an additional 763,400 shares during the last quarter. Finally, Norges Bank purchased a new position in MongoDB in the fourth quarter valued at about $147,735,000. Hedge funds and other institutional investors own 88.89% of the company’s stock.

About MongoDB

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MongoDB, Inc provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

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Before you consider MongoDB, you’ll want to hear this.

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Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

More about the company

Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

MongoDB (MDB Quick QuoteMDB – Free Report) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future.

Over the past month, shares of this database platform have returned -5.2%, compared to the Zacks S&P 500 composite’s +0.9% change. During this period, the Zacks Internet – Software industry, which MongoDB falls in, has gained 4.3%. The key question now is: What could be the stock’s future direction?

While media releases or rumors about a substantial change in a company’s business prospects usually make its stock ‘trending’ and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate Revisions

Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company’s earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock’s fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

MongoDB is expected to post earnings of $0.50 per share for the current quarter, representing a year-over-year change of +117.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +22.1%.

For the current fiscal year, the consensus earnings estimate of $2.34 points to a change of +188.9% from the prior year. Over the last 30 days, this estimate has changed +22.6%.

For the next fiscal year, the consensus earnings estimate of $2.80 indicates a change of +19.8% from what MongoDB is expected to report a year ago. Over the past month, the estimate has changed +37.5%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock’s price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, MongoDB is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company’s forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue Growth

While earnings growth is arguably the most superior indicator of a company’s financial health, nothing happens as such if a business isn’t able to grow its revenues. After all, it’s nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it’s important to know a company’s potential revenue growth.

In the case of MongoDB, the consensus sales estimate of $402.75 million for the current quarter points to a year-over-year change of +20.7%. The $1.61 billion and $1.95 billion estimates for the current and next fiscal years indicate changes of +48.3% and +21.6%, respectively.

Last Reported Results and Surprise History

MongoDB reported revenues of $423.79 million in the last reported quarter, representing a year-over-year change of +39.6%. EPS of $0.93 for the same period compares with -$0.23 a year ago.

Compared to the Zacks Consensus Estimate of $389.93 million, the reported revenues represent a surprise of +8.69%. The EPS surprise was +106.67%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

Valuation

Without considering a stock’s valuation, no investment decision can be efficient. In predicting a stock’s future price performance, it’s crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company’s growth prospects.

While comparing the current values of a company’s valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock’s price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

MongoDB is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom Line

The facts discussed here and much other information on Zacks.com might help determine whether or not it’s worthwhile paying attention to the market buzz about MongoDB. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Article originally posted on mongodb google news. Visit mongodb google news

Article originally posted on InfoQ. Visit InfoQ

The key challenge in building UIs is balancing ease of use and maintainability, with scale and complexity. It requires thoughtful component design and an understanding of common usage paths to create a UI that’s both robust and user-friendly. Automation can be a game-changer when it comes to improving efficiency and consistency in your codebase.

Glenn Reyes spoke about building robust UI components at NDC Oslo 2023.

Building UIs presents a unique set of challenges, especially when it comes to scaling, Reyes mentioned. The primary difficulty lies in maintaining simplicity and robustness as the complexity of the project grows.

Reyes mentioned that a crucial part of building UIs is to keep the API surface area of your components minimal. This not only reduces the chances of errors, but also makes your components more maintainable and easier to use for your engineering team. It prevents them from diving deep into the complexities and promotes a smoother, error-free development process:

You need to create them in a way that naturally guides the users towards the most common, effective uses. Making the usual usage paths intuitive and workarounds less appealing can be challenging, but it’s necessary to ensure your components are used correctly and efficiently.

Tools for code styling and formatting, like Prettier and ESLint, can streamline your workflow, Reyes said. They automatically enforce a consistent code style, eliminating the need for discussions about formatting during code reviews. By doing so, your team can focus more on the logic and functionality of the code rather than its appearance, he mentioned.

To ensure that the user interface code is maintainable, Reyes presented some strategies:

• Adopt a Design System: Utilizing a design system helps keep UI components consistent and easier to maintain. It serves as a single source of truth, detailing the elements and guidelines that form your application’s visual language.
• Implement Design Tokens: Design tokens, which can represent values for color, typography, spacing, and more, allow for consistency across different parts of an application. By changing a single token, you can propagate a change across all components using that token, making updates simpler and more efficient.
• Manage Component Spacing: The spacing between components should be controlled by their parent component rather than being hard-coded into each component. This ensures better separation of concerns and makes components more reusable and maintainable.
• Use TypeScript: TypeScript can significantly enhance maintainability by introducing static typing. It can help clarify whether you’re dealing with polymorphic or compound components, and it encourages omitting primitive HTML attributes for styling like “style” and “class”. This contributes to better type safety, early error detection, and improved developer tooling, all of which make your UI code more maintainable.

InfoQ interviewed Glenn Reyes about building robust UI components.

InfoQ: How would you define “robust UI”? What are the characteristics they possess?

Glenn Reyes: A “robust UI” is strong, reliable, and works well for everyone. Here’s what makes a UI robust:

1. Easy to use: It’s simple and intuitive, making it easy for people to understand and use.
2. Consistent: It looks and works the same way every time, on every device or browser.
3. Handles mistakes well: Even if something unexpected happens, like an error or a wrong user input, it doesn’t break down and recovers gracefully.
4. Ready for growth: It’s built in a way that can easily grow and change with the needs of the users or the project.
5. Accessible to all: It’s designed so that everyone, including people with disabilities, can use it comfortably.
6. Easy to update: It’s simple to fix, change, or update without causing problems or breaking other parts.

In short, a robust UI works well, is user-friendly, reliable, ready for growth, and accessible to all. It’s also easy to maintain and update.

InfoQ: What kind of tools exist and what benefits can they bring?

Reyes: Dealing with variable lists, such as those rendered through map functions, can introduce unpredictability in your code. To overcome this, you can enforce deterministic behavior by adding an “order rule”. This could involve sorting alphabetically or grouping based on a certain pattern. It ensures consistency and reduces unnecessary noise in diffs during code reviews, making the review process smoother and more focused.

Building UI components directly in your app might require multiple interactions before you can work on your target component. This can be inefficient, especially when working with components that rely on specific states, like error messages in form fields. Instead of having to manually induce the error state, consider using a tool or approach that allows you to view and work with this state immediately and in isolation. This not only saves you time, but also lets you concentrate solely on the component at hand, without any distracting surrounding context.