Month: March 2025

Article originally posted on InfoQ. Visit InfoQ

OpenAI has introduced the SWE-Lancer benchmark, to evaluate the capabilities of advanced AI language models in real-world freelance software engineering tasks. The benchmark draws from a dataset of over 1,400 tasks sourced from Upwork, with a total value of $1 million. These tasks include both independent coding activities and managerial decision-making, ranging in complexity and payout to simulate real-world freelance scenarios.

The SWE-Lancer project emphasizes rigorous evaluations that reflect the economic value and complexities of software engineering. It employs advanced end-to-end testing methods verified by professional engineers to assess model performance in practical settings. Despite recent advancements in AI language models, initial findings indicate that these models still face significant challenges in effectively handling most tasks presented in the benchmark.

The benchmark includes a diverse range of tasks, such as application logic development, UI/UX design, and server-side logic implementations, ensuring a comprehensive assessment of model capabilities. SWE-Lancer also provides researchers with a unified Docker image and public evaluation split, fostering collaboration and transparency in AI model evaluation.

The project aims to advance research into the economic implications of AI in software engineering, particularly the potential productivity and labor market impacts. By tying model performance to monetary value, SWE-Lancer underscores the real-world implications of AI in software engineering and highlights the need for continuous improvement in AI technologies.

The best-performing model in the benchmark, Claude 3.5 Sonnet, achieved only 26.2% success on independent coding tasks, emphasizing the substantial room for improvement in AI capabilities. Many current models struggle with tasks requiring deep contextual understanding or the ability to evaluate multiple proposals, suggesting that future models may need more sophisticated reasoning capabilities.

Comments expressed skepticism about the practical adoption of SWE-Lancer, citing potential niche appeal, while others see it as a critical step toward understanding AI’s socioeconomic impact on software engineering, aligning with broader industry trends toward AI-driven productivity tools, as per Gartner’s 2027 prediction of widespread software engineering intelligence platform adoption.

User Alex Bon shared:

Finally, a chance for AI to prove it can survive the gig economy too!

While indie hacker Jason Leow posted:

I love the direction this is going. Testing with full stack problems, linking it to market value, every day reality of dev work. Always felt the old benchmarks were off.

SWE-Lancer serves as an important framework for evaluating AI in freelance software engineering, providing insights into the challenges and opportunities for AI in practical applications. The benchmark’s findings underscore the need for further research and development to enhance AI models’ effectiveness in real-world software engineering tasks.

Posted on mongodb google news. Visit mongodb google news

Shares of MongoDB, Inc. (NASDAQ:MDB – Get Free Report) saw an uptick in trading volume on Friday . 1,994,344 shares changed hands during trading, an increase of 20% from the previous session’s volume of 1,657,288 shares.The stock last traded at $185.47 and had previously closed at $192.98.

Analyst Ratings Changes

A number of research firms recently weighed in on MDB. Wells Fargo & Company lowered shares of MongoDB from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $365.00 to $225.00 in a report on Thursday. Piper Sandler lowered their price objective on MongoDB from $425.00 to $280.00 and set an “overweight” rating for the company in a research note on Thursday. Truist Financial cut their target price on MongoDB from $400.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday. Oppenheimer lowered their price target on MongoDB from $400.00 to $330.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Canaccord Genuity Group cut their price objective on shares of MongoDB from $385.00 to $320.00 and set a “buy” rating on the stock in a report on Thursday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $322.61.

Get Our Latest Stock Analysis on MongoDB

MongoDB Trading Down 1.6 %

The firm has a market cap of $14.14 billion, a PE ratio of -68.89 and a beta of 1.30. The stock has a fifty day simple moving average of $262.69 and a two-hundred day simple moving average of $274.71.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its earnings results on Wednesday, March 5th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The firm had revenue of $548.40 million for the quarter, compared to the consensus estimate of $519.65 million. During the same period last year, the company posted $0.86 EPS. As a group, sell-side analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Thomas Bull sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $355.92, for a total transaction of $355,920.00. Following the transaction, the chief accounting officer now directly owns 15,068 shares in the company, valued at $5,363,002.56. This trade represents a 6.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Cedric Pech sold 287 shares of MongoDB stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $67,183.83. Following the completion of the transaction, the insider now directly owns 24,390 shares in the company, valued at $5,709,455.10. This trade represents a 1.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,314 shares of company stock valued at $13,337,753 over the last 90 days. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On MongoDB

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of MongoDB in the fourth quarter valued at about $13,270,000. Azzad Asset Management Inc. ADV increased its holdings in MongoDB by 17.7% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 7,519 shares of the company’s stock valued at $1,750,000 after purchasing an additional 1,132 shares during the period. Infinitum Asset Management LLC purchased a new stake in MongoDB in the 4th quarter worth approximately $8,148,000. Polar Asset Management Partners Inc. bought a new stake in shares of MongoDB in the 4th quarter worth approximately $14,458,000. Finally, Mackenzie Financial Corp increased its stake in shares of MongoDB by 47.8% during the fourth quarter. Mackenzie Financial Corp now owns 5,731 shares of the company’s stock valued at $1,334,000 after buying an additional 1,854 shares during the period. 89.29% of the stock is currently owned by institutional investors.

About MongoDB

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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

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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While MongoDB currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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

Article originally posted on InfoQ. Visit InfoQ

Google’s most advanced GenAI image generation model, Imagen 3, is now available in preview through Vertex AI in Firebase enabling seamless integration into Android and iOS apps through its Kotlin and Swift SDKs.

Introduced a few months ago on Google’s Vertex AI platform along with video generation model Veo, Imagen 3 aims to create lifelike images with more detail and fewer artifacts than its previous versions, says Google.

The Vertex AI in Firebase SDKs provide access to two different models: Imagen 3 and Imagen 3 Fast. Imagen 3 Fast is optimized for speed and is suggested for contexts where low latency is required. Using either of these models, you can generate images in a variety of formats, resolutions, and styles from a prompt written in natural language as well as render text in images.

Once you have installed the Vertex AI in Firebase SDK, you instantiate it as usual, then create an Imagen 3 model calling imagenModel with the name of the model you want to use:

import FirebaseVertexAI
let vertex = VertexAI.vertexAI()
let model = vertex.imagenModel(modelName: "imagen-3.0-generate-002")

Along with the model name, currently "imagen-3.0-generate-002" or "imagen-3.0-fast-generate-001", you can specify the model configuration through the generationConfig parameter, which enables setting the number of desired images, the aspect ratio, the image format using a MIME type and a compression level, whether to suppress the non visible SynthID watermark, what kind of content to omit using a negative prompt, and so on.

let config = ImagenGenerationConfig(
 negativePrompt: "frogs",
 numberOfImages: 2,
 aspectRatio: .landscape16x9,
 imageFormat: .jpeg(compressionQuality: 100),
 addWatermark: false
)

let model = vertex.imagenModel(modelName: "imagen-3.0-generate-002"
 generationConfig: config)

To generate the images, you finally call generateImages passing in the prompt:

let prompt = "An astronaut riding a horse"
let response = try await model.generateImages(prompt: prompt)
let uiImages =  response.images.compactMap { UIImage(data: $0.data) }

Common to all models it supports, the Vertex AI in Firebase SDK enables specifying safety settings to filter generated content. For Imagen 3 models, you provide a safetyFilterLevel, which defines how strictly problematic prompts and responses are blocked, and a personFilterLevel, defining whether the generated image may contain people or faces and whether they should be restricted to adult people only.

A key feature of Imagen 3 is the ability to edit and customize images. For example, you can refine an image using a text prompt to modify parts of it using mask-based editing. Additionally, you can upscale images, verify their digital watermarks, use a predefined style, and other advanced features. However, Imagen 3 in Vertex AI for Firebase does not yet support these features.

Imagen 3 can use prompt enhancements, that is, it can refine the prompt provided by the user to include more details. While you can disable this feature when using the API, the SDK does not yet support this.

As mentioned, support for Imagen 3 in the Vertex AI in Firebase is still a public preview. Google says it will extend its capabilities, but does not guarantee backward compatibility.

Posted on mongodb google news. Visit mongodb google news

We recently compiled a list of the 10 Hot AI News Updates Analysts are Monitoring. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against the other AI stocks.

According to Goldman Sachs, the AI-powered rally in Chinese equities could boost other markets as well. Consequently, the firm has raised its 12-month target for MSCI Emerging Markets Index by 3%, reaching 1,220 from 1,190, and reflecting an 11% potential upside from current levels. This increase reflects the impact of AI adoption on valuations through earnings, multiples and portfolio flows.

The firm further noted that China’s stock market rally has the potential to boost emerging markets that are linked to China but have been lagging previously. This could also be supported by a stimulus-driven catch-up in A-shares. In this regard, the firm said that the recent fiscal stimulus announced at China’s “Two Sessions” meeting is anticipated to stabilize growth and improve market confidence, Reuters noted.

READ ALSO: 10 High-Potential AI Stocks to Watch Right Now and 12 AI Stocks Making Headlines: Latest News and Ratings

With regard to the AI arms race, another region aiming to address the competitiveness gap is Europe. Reuters has reported how AxeleraAI, one of the few companies in Europe making computer chips for artificial intelligence, has been awarded a grant of up to 61.6 million euros ($66 million).

This grant aims to develop a chip for use in data centers, aiming to uplift EU efforts to boost the sector. Europe is increasingly trying to fund domestic chipmakers and build publicly funded data centers, known as “AI factories,” making them accessible to European scientists, companies and startups.

“It’s a moment of pride.”

-Axelera CEO Fabrizio Del Maffeo in a phone interview

Axelera has won funding from EuroHPC, which is an agency overseeing the European Union’s network of supercomputers and AI factories – to bring out a chip efficient at “inference” AI computing.

“We are not here to challenge Nvidia in the data centre space, in the training. But when the network is ready and you want to run it, we are developing a solution that can deliver extremely high performance … we can do that.”

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points  (see more details here).

A software engineer hosting a remote video training session on a multi-cloud database-as-a-service solution.

MongoDB, Inc. (NASDAQ:MDB)

Number of Hedge Fund Holders: 70

MongoDB, Inc. (NASDAQ:MDB) provides a general-purpose database platform worldwide that integrates operational, unstructured, and AI-related data to streamline building applications.  On March 6, JMP Securities analyst Patrick Walravens maintained a “Buy” rating on the stock with a price target of $345.00. The rating, issued after the earnings print, reflects MongoDB’s potential for growth. Even though there was a decline in stock price due to mixed guidance, the company has reported a significant revenue beat and a notable increase in non-GAAP operating margin.

The company’s robust on-premises and cloud-hosted product offerings position it well to capitalize on the growing database management market. In addition, the company is also poised to benefit from artificial intelligence advancements driven by its AI-tooling capabilities and strategic acquisition of Voyage AI. Voyage AI, a leader in embedding and reranking models, integrates advanced AI search and retrieval functionalities into MongoDB, Inc. (NASDAQ:MDB)’s database system. Lastly, the leadership at MongoDB is also viewed favorably, contributing to the positive outlook for the stock.

Overall MDB ranks 7th on our list of the AI stocks analysts are monitoring. While we acknowledge the potential of MDB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MDB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

Disclosure: None. This article is originally published at Insider Monkey.

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

Posted on mongodb google news. Visit mongodb google news

MongoDB (NASDAQ:MDB – Get Free Report) was downgraded by equities researchers at KeyCorp from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

A number of other research analysts also recently issued reports on the stock. China Renaissance started coverage on shares of MongoDB in a research report on Tuesday, January 21st. They issued a “buy” rating and a $351.00 price target on the stock. Oppenheimer reduced their price target on shares of MongoDB from $400.00 to $330.00 and set an “outperform” rating on the stock in a research report on Thursday. Barclays reduced their price target on shares of MongoDB from $330.00 to $280.00 and set an “overweight” rating on the stock in a research report on Thursday. Stifel Nicolaus cut their price objective on shares of MongoDB from $425.00 to $340.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Loop Capital cut their price objective on shares of MongoDB from $400.00 to $350.00 and set a “buy” rating on the stock in a research report on Monday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $322.61.

Get Our Latest Stock Report on MDB

MongoDB Price Performance

Shares of MDB stock opened at $192.98 on Wednesday. The firm has a market cap of $14.37 billion, a P/E ratio of -70.43 and a beta of 1.30. MongoDB has a 1-year low of $192.79 and a 1-year high of $413.87. The firm has a fifty day moving average of $262.69 and a two-hundred day moving average of $274.71.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings results on Wednesday, March 5th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The business had revenue of $548.40 million during the quarter, compared to the consensus estimate of $519.65 million. During the same quarter in the previous year, the business posted $0.86 earnings per share. On average, sell-side analysts expect that MongoDB will post -1.78 EPS for the current year.

Insider Transactions at MongoDB

In other news, insider Cedric Pech sold 287 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $234.09, for a total value of $67,183.83. Following the completion of the sale, the insider now directly owns 24,390 shares in the company, valued at approximately $5,709,455.10. The trade was a 1.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Thomas Bull sold 1,000 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $355.92, for a total transaction of $355,920.00. Following the completion of the sale, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at $5,363,002.56. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 50,314 shares of company stock valued at $13,337,753 over the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On MongoDB

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in MongoDB during the fourth quarter worth $13,270,000. Azzad Asset Management Inc. ADV increased its position in MongoDB by 17.7% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 7,519 shares of the company’s stock worth $1,750,000 after acquiring an additional 1,132 shares during the period. Infinitum Asset Management LLC bought a new position in MongoDB during the fourth quarter worth $8,148,000. Polar Asset Management Partners Inc. bought a new position in MongoDB during the fourth quarter worth $14,458,000. Finally, Mackenzie Financial Corp increased its position in MongoDB by 47.8% during the fourth quarter. Mackenzie Financial Corp now owns 5,731 shares of the company’s stock worth $1,334,000 after acquiring an additional 1,854 shares during the period. Institutional investors own 89.29% of the company’s stock.

MongoDB Company Profile

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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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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.

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

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and MongoDB wasn’t on the list.

While MongoDB currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

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

Posted on mongodb google news. Visit mongodb google news

Welch & Forbes LLC boosted its stake in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 15.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,318 shares of the company’s stock after purchasing an additional 3,309 shares during the quarter. Welch & Forbes LLC’s holdings in MongoDB were worth $5,661,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Hilltop National Bank grew its holdings in MongoDB by 47.2% in the fourth quarter. Hilltop National Bank now owns 131 shares of the company’s stock worth $30,000 after purchasing an additional 42 shares during the period. Brooklyn Investment Group acquired a new position in shares of MongoDB during the third quarter valued at about $36,000. Continuum Advisory LLC grew its holdings in shares of MongoDB by 621.1% during the third quarter. Continuum Advisory LLC now owns 137 shares of the company’s stock valued at $40,000 after buying an additional 118 shares during the last quarter. NCP Inc. acquired a new position in shares of MongoDB during the fourth quarter valued at about $35,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of MongoDB during the third quarter valued at about $44,000. 89.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Dwight A. Merriman sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $270.63, for a total value of $811,890.00. Following the completion of the sale, the director now directly owns 1,109,006 shares in the company, valued at approximately $300,130,293.78. The trade was a 0.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Thomas Bull sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $355.92, for a total transaction of $355,920.00. Following the completion of the sale, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at approximately $5,363,002.56. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,314 shares of company stock valued at $13,337,753 in the last quarter. Corporate insiders own 3.60% of the company’s stock.

MongoDB Trading Down 2.8 %

Shares of NASDAQ:MDB opened at $187.65 on Friday. The company has a 50 day moving average of $261.68 and a 200 day moving average of $274.23. The stock has a market cap of $13.97 billion, a P/E ratio of -68.49 and a beta of 1.30. MongoDB, Inc. has a 12 month low of $181.05 and a 12 month high of $411.50.

MongoDB (NASDAQ:MDB – Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The company had revenue of $548.40 million during the quarter, compared to analysts’ expectations of $519.65 million. During the same period in the prior year, the firm earned $0.86 EPS. On average, equities analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MDB shares. Wedbush reduced their price objective on shares of MongoDB from $360.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday. Royal Bank of Canada reduced their price objective on shares of MongoDB from $400.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday. The Goldman Sachs Group reduced their price objective on shares of MongoDB from $390.00 to $335.00 and set a “buy” rating for the company in a report on Thursday. Morgan Stanley reduced their price objective on shares of MongoDB from $350.00 to $315.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Canaccord Genuity Group reduced their price objective on shares of MongoDB from $385.00 to $320.00 and set a “buy” rating for the company in a report on Thursday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $319.87.

Check Out Our Latest Stock Analysis on MongoDB

MongoDB Profile

(Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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

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.

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

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and MongoDB wasn’t on the list.

While MongoDB currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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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 (NASDAQ:MDB – Get Free Report) had its target price reduced by stock analysts at Robert W. Baird from $390.00 to $300.00 in a report released on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s target price points to a potential upside of 59.87% from the company’s current price.

A number of other analysts have also issued reports on the stock. KeyCorp increased their price target on shares of MongoDB from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Loop Capital reduced their price target on shares of MongoDB from $400.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Truist Financial reissued a “buy” rating and issued a $400.00 price target (up from $320.00) on shares of MongoDB in a research report on Tuesday, December 10th. Rosenblatt Securities reissued a “buy” rating and issued a $350.00 price target on shares of MongoDB in a research report on Tuesday. Finally, Macquarie started coverage on shares of MongoDB in a research report on Thursday, December 12th. They issued a “neutral” rating and a $300.00 price target for the company. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $319.87.

View Our Latest Research Report on MDB

MongoDB Trading Down 2.8 %

MDB stock opened at $187.65 on Thursday. MongoDB has a one year low of $181.05 and a one year high of $411.50. The firm has a market capitalization of $13.97 billion, a PE ratio of -68.49 and a beta of 1.30. The firm has a 50-day moving average of $261.68 and a two-hundred day moving average of $274.23.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). The firm had revenue of $548.40 million for the quarter, compared to analysts’ expectations of $519.65 million. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. During the same period in the prior year, the company posted $0.86 earnings per share. On average, equities research analysts anticipate that MongoDB will post -1.78 earnings per share for the current year.

Insider Transactions at MongoDB

In other news, CAO Thomas Bull sold 169 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $234.09, for a total value of $39,561.21. Following the sale, the chief accounting officer now owns 14,899 shares in the company, valued at approximately $3,487,706.91. This trade represents a 1.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Cedric Pech sold 287 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total transaction of $67,183.83. Following the completion of the sale, the insider now owns 24,390 shares in the company, valued at approximately $5,709,455.10. The trade was a 1.16 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,314 shares of company stock worth $13,337,753. Insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. B.O.S.S. Retirement Advisors LLC bought a new position in MongoDB in the fourth quarter worth $606,000. Aigen Investment Management LP bought a new position in MongoDB in the third quarter worth $1,045,000. Geode Capital Management LLC lifted its position in MongoDB by 2.9% in the third quarter. Geode Capital Management LLC now owns 1,230,036 shares of the company’s stock worth $331,776,000 after purchasing an additional 34,814 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new position in MongoDB in the third quarter worth $4,366,000. Finally, Charles Schwab Investment Management Inc. lifted its position in MongoDB by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 278,419 shares of the company’s stock worth $75,271,000 after purchasing an additional 7,575 shares during the period. 89.29% of the stock is owned by institutional investors.

About MongoDB

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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 (NASDAQ:MDB – Get Free Report) had its price objective lowered by research analysts at The Goldman Sachs Group from $390.00 to $335.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. The Goldman Sachs Group’s target price indicates a potential upside of 78.52% from the company’s current price.

Other analysts have also issued research reports about the company. China Renaissance started coverage on MongoDB in a research note on Tuesday, January 21st. They set a “buy” rating and a $351.00 price objective for the company. Oppenheimer dropped their price objective on MongoDB from $400.00 to $330.00 and set an “outperform” rating for the company in a research note on Thursday. UBS Group set a $350.00 price objective on MongoDB in a research note on Tuesday. Tigress Financial increased their price objective on MongoDB from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Finally, Wells Fargo & Company lowered MongoDB from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $365.00 to $225.00 in a research note on Thursday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-three have issued a buy rating to the company’s stock. Based on data from MarketBeat, MongoDB has a consensus rating of “Moderate Buy” and a consensus price target of $319.87.

View Our Latest Stock Report on MDB

MongoDB Price Performance

Shares of MDB opened at $187.65 on Thursday. The firm has a market cap of $13.97 billion, a P/E ratio of -68.49 and a beta of 1.30. The stock has a 50 day simple moving average of $261.68 and a two-hundred day simple moving average of $274.23. MongoDB has a 1 year low of $181.05 and a 1 year high of $411.50.

MongoDB (NASDAQ:MDB – Get Free Report) last issued its earnings results on Wednesday, March 5th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.45). The firm had revenue of $548.40 million during the quarter, compared to analysts’ expectations of $519.65 million. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. During the same period in the prior year, the company earned $0.86 EPS. On average, equities analysts anticipate that MongoDB will post -1.78 earnings per share for the current year.

Insider Transactions at MongoDB

In other news, Director Dwight A. Merriman sold 3,000 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $270.63, for a total value of $811,890.00. Following the sale, the director now directly owns 1,109,006 shares of the company’s stock, valued at approximately $300,130,293.78. This represents a 0.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Dev Ittycheria sold 8,335 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $267.48, for a total value of $2,229,445.80. Following the completion of the sale, the chief executive officer now directly owns 217,294 shares in the company, valued at approximately $58,121,799.12. This represents a 3.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 50,314 shares of company stock valued at $13,337,753. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On MongoDB

Institutional investors have recently modified their holdings of the business. Strategic Investment Solutions Inc. IL purchased a new stake in shares of MongoDB during the fourth quarter valued at $29,000. Hilltop National Bank boosted its position in shares of MongoDB by 47.2% during the fourth quarter. Hilltop National Bank now owns 131 shares of the company’s stock valued at $30,000 after buying an additional 42 shares during the last quarter. NCP Inc. purchased a new stake in shares of MongoDB during the fourth quarter valued at $35,000. Brooklyn Investment Group purchased a new stake in shares of MongoDB during the third quarter valued at $36,000. Finally, Continuum Advisory LLC boosted its position in shares of MongoDB by 621.1% during the third quarter. Continuum Advisory LLC now owns 137 shares of the company’s stock valued at $40,000 after buying an additional 118 shares during the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

MongoDB Company Profile

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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.

Further Reading

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 (NASDAQ:MDB – Get Free Report) had its price target reduced by research analysts at Stifel Nicolaus from $425.00 to $340.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 81.19% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. China Renaissance began coverage on MongoDB in a research report on Tuesday, January 21st. They set a “buy” rating and a $351.00 price target on the stock. Bank of America lowered their price target on MongoDB from $420.00 to $286.00 and set a “buy” rating on the stock in a research report on Thursday. Citigroup increased their price target on MongoDB from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Tigress Financial increased their price target on MongoDB from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Finally, Piper Sandler lowered their price target on MongoDB from $425.00 to $280.00 and set an “overweight” rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat.com, MongoDB currently has a consensus rating of “Moderate Buy” and a consensus price target of $319.87.

Get Our Latest Stock Analysis on MongoDB

MongoDB Stock Down 2.8 %

Shares of MDB opened at $187.65 on Thursday. MongoDB has a 52 week low of $181.05 and a 52 week high of $411.50. The company has a market capitalization of $13.97 billion, a price-to-earnings ratio of -68.49 and a beta of 1.30. The stock’s 50-day moving average price is $261.68 and its 200-day moving average price is $274.23.

MongoDB (NASDAQ:MDB – Get Free Report) last issued its earnings results on Wednesday, March 5th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The company had revenue of $548.40 million during the quarter, compared to analysts’ expectations of $519.65 million. During the same quarter in the previous year, the company earned $0.86 EPS. As a group, equities analysts anticipate that MongoDB will post -1.78 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Dev Ittycheria sold 2,581 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $604,186.29. Following the completion of the transaction, the chief executive officer now directly owns 217,294 shares in the company, valued at approximately $50,866,352.46. This represents a 1.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Thomas Bull sold 1,000 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $355.92, for a total value of $355,920.00. Following the transaction, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at approximately $5,363,002.56. This represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,314 shares of company stock worth $13,337,753. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of MongoDB during the fourth quarter worth $606,000. Aigen Investment Management LP purchased a new position in shares of MongoDB during the third quarter worth $1,045,000. Geode Capital Management LLC boosted its position in shares of MongoDB by 2.9% during the third quarter. Geode Capital Management LLC now owns 1,230,036 shares of the company’s stock worth $331,776,000 after buying an additional 34,814 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of MongoDB during the third quarter worth $4,366,000. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of MongoDB by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 278,419 shares of the company’s stock worth $75,271,000 after buying an additional 7,575 shares during the period. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

MongoDB Company Profile

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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.

Further Reading

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 (NASDAQ:MDB – Get Free Report) was downgraded by equities research analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Thursday, Marketbeat reports. They currently have a $225.00 price target on the stock, down from their prior price target of $365.00. Wells Fargo & Company‘s price target points to a potential upside of 19.90% from the company’s previous close.

MDB has been the topic of a number of other reports. Oppenheimer raised their price objective on shares of MongoDB from $350.00 to $400.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Mizuho raised their price objective on shares of MongoDB from $275.00 to $320.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. DA Davidson raised their price objective on shares of MongoDB from $340.00 to $405.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Citigroup lifted their price target on shares of MongoDB from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Finally, Guggenheim upgraded shares of MongoDB from a “neutral” rating to a “buy” rating and set a $300.00 price target on the stock in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $319.87.

Read Our Latest Research Report on MDB

MongoDB Stock Down 2.8 %

Shares of MDB opened at $187.65 on Thursday. MongoDB has a fifty-two week low of $181.05 and a fifty-two week high of $411.50. The firm’s 50 day moving average price is $261.68 and its 200 day moving average price is $274.23. The company has a market cap of $13.97 billion, a P/E ratio of -68.49 and a beta of 1.30.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm had revenue of $548.40 million during the quarter, compared to analyst estimates of $519.65 million. During the same quarter in the previous year, the business posted $0.86 earnings per share. Research analysts forecast that MongoDB will post -1.78 earnings per share for the current year.

Insider Activity

In other news, insider Cedric Pech sold 287 shares of MongoDB stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $234.09, for a total value of $67,183.83. Following the sale, the insider now owns 24,390 shares of the company’s stock, valued at $5,709,455.10. The trade was a 1.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Thomas Bull sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $355.92, for a total transaction of $355,920.00. Following the completion of the sale, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at $5,363,002.56. This trade represents a 6.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,314 shares of company stock valued at $13,337,753 over the last quarter. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of MongoDB

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of MongoDB in the fourth quarter valued at about $29,000. Hilltop National Bank lifted its stake in shares of MongoDB by 47.2% in the fourth quarter. Hilltop National Bank now owns 131 shares of the company’s stock valued at $30,000 after purchasing an additional 42 shares during the period. Brooklyn Investment Group acquired a new stake in shares of MongoDB in the third quarter valued at about $36,000. Continuum Advisory LLC lifted its stake in shares of MongoDB by 621.1% in the third quarter. Continuum Advisory LLC now owns 137 shares of the company’s stock valued at $40,000 after purchasing an additional 118 shares during the period. Finally, NCP Inc. acquired a new stake in shares of MongoDB in the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 89.29% of the company’s stock.

MongoDB Company Profile

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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

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