10 Stocks Drop Double Digits as Investor Caution Lingers – Insider Monkey

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AI game is changing.

The chip guys, like Nvidia, they had their moment. The first AI wave? They rode it high.

But guess what? That ride’s over. Nvidia’s been flatlining since June 2024.

Remember the internet boom? Everyone thought Cisco and Intel were the kings, right? Wrong. The real money was made by the companies that actually used the internet to build something new: e-commerce, search engines, social media.

And it’s the same deal with AI. The chipmakers? They’re yesterday’s news. The real winners? They’re the robotics companies, the ones building the robots we only dreamed about before.

We’re talking AI 2.0. The first wave was about the chips, this one’s about the robots. Robots that can do your chores, robots that can work in factories, robots that will change everything. Labor shortages? Gone. Industries revolutionized? You bet.

This isn’t some far-off fantasy, it’s happening right now. And there’s one company, a robotics company, that’s leading the charge. They’ve got the cutting-edge tech, they’re ahead of the curve, and they’re dirt cheap right now. We’re talking potential 100x returns in the next few years. You snooze, you lose.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29.99, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

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Google DeepMind Enhances AMIE for Long-Term Disease Management

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Article originally posted on InfoQ. Visit InfoQ

Google DeepMind has extended the capabilities of its Articulate Medical Intelligence Explorer (AMIE) beyond diagnosis to support longitudinal disease management. The system is now designed to assist clinicians in monitoring disease progression, adjusting treatments, and adhering to clinical guidelines across multiple patient visits.

AMIE’s updated framework introduces a two-agent model:

  • The Dialogue Agent manages patient interactions, collects clinical information, and ensures consistent communication across visits.
  • The Management Reasoning (Mx) Agent processes clinical data, guidelines, and patient history to generate structured treatment and monitoring plans.


Source: Google Blog 

The system relies on DeepMind’s Gemini AI model, leveraging its long-context processing to analyze multiple visits, integrate new clinical data, and align recommendations with established guidelines, such as those from the UK’s National Institute for Health and Care Excellence (NICE) and BMJ Best Practice.

Giancarlo Nicola Zaccaria, a technical program director at Wellhub, highlighted the broader potential of this approach, stating:

The two-agent architecture opens up exciting possibilities for addressing various challenges in healthcare and other sectors. Great job on achieving these impressive results!

To evaluate AMIE’s effectiveness, researchers conducted a randomized, blinded virtual objective structured clinical examination (OSCE) study comparing the AI’s performance with that of 20 primary care physicians (PCPs) across 100 multi-visit case scenarios. Specialist physicians, blinded to the source of the management plans, rated AMIE’s plans as non-inferior to those of PCPs, with statistically significant improvements in treatment precision. The AI demonstrated strengths in selecting appropriate investigations and avoiding unnecessary tests, contributing to more efficient patient management.


Source: Google Blog

Furthermore, DeepMind introduced RxQA, a benchmarking dataset comprising 600 multiple-choice questions derived from national drug formularies. AMIE performed well in areas such as medication indications, contraindications, dosing, and safety.

Shan Rizvi, who is working on AI-driven healthcare solutions, commented on the potential applications of AMIE:

This is cool! I’m designing a private care delivery model that utilizes AI Assistants, Agents, and Operators to reduce physician burnout and facilitate doctor-patient collaboration for health optimization. Would love to integrate this.

The study was conducted in a controlled environment and does not account for real-world challenges such as integration with electronic health records, variability in patient behavior, or differences in healthcare systems. Future research will focus on evaluating AMIE’s effectiveness in clinical settings and its potential impact on physician decision-making.

AMIE’s latest iteration represents an advancement in AI-driven clinical reasoning, with a focus on structured management over time. Further validation in real-world environments will be necessary to determine its practical utility and reliability in medical practice.

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Why MongoDB, Inc. (MDB) Crashed on Thursday – Insider Monkey

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AI game is changing.

The chip guys, like Nvidia, they had their moment. The first AI wave? They rode it high.

But guess what? That ride’s over. Nvidia’s been flatlining since June 2024.

Remember the internet boom? Everyone thought Cisco and Intel were the kings, right? Wrong. The real money was made by the companies that actually used the internet to build something new: e-commerce, search engines, social media.

And it’s the same deal with AI. The chipmakers? They’re yesterday’s news. The real winners? They’re the robotics companies, the ones building the robots we only dreamed about before.

We’re talking AI 2.0. The first wave was about the chips, this one’s about the robots. Robots that can do your chores, robots that can work in factories, robots that will change everything. Labor shortages? Gone. Industries revolutionized? You bet.

This isn’t some far-off fantasy, it’s happening right now. And there’s one company, a robotics company, that’s leading the charge. They’ve got the cutting-edge tech, they’re ahead of the curve, and they’re dirt cheap right now. We’re talking potential 100x returns in the next few years. You snooze, you lose.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29.99, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.99.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

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Stock Market News From March 6, 2025: Dow, S&P 500, Nasdaq Down; Trump Tariffs – Barron’s

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Oil futures post minor gains after being buffeted by news on the tariff front–President Trump agrees to put off tariffs on Mexico and Canada for another month–and reports of U.S. plans to tighten enforcement of sanctions against Iranian oil.

Benchmark crudes settled at six-month lows yesterday after a string of losses on OPEC+ plans to start unwinding output cuts, tariff uncertainty and a big build in U.S. crude stocks.

“While tariff adjustments may provide near-term relief, global demand uncertainties and rising supply levels suggest that crude oil prices could remain under pressure, limiting the potential for a sustained recovery,”

Exness market strategist Terence Hove says in a note. WTI edges up 0.1% to $66.36 a barrel and Brent rises 0.2% to $69.46 a barrel.

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MongoDB (NASDAQ:MDB) Reaches New 1-Year Low Following Weak Earnings

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Shares of MongoDB, Inc. (NASDAQ:MDBGet Free Report) hit a new 52-week low during mid-day trading on Thursday following a dissappointing earnings announcement. The stock traded as low as $200.19 and last traded at $205.36, with a volume of 2933806 shares. The stock had previously closed at $264.13.

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 company had revenue of $548.40 million for the quarter, compared to the consensus estimate of $519.65 million. During the same period in the previous year, the company earned $0.86 EPS.

Analyst Ratings Changes

MDB has been the subject of a number of research analyst reports. Bank of America cut their target price on shares of MongoDB from $420.00 to $286.00 and set a “buy” rating for the company in a research report on Thursday. Scotiabank reaffirmed a “sector perform” rating on shares of MongoDB in a report on Wednesday. KeyCorp lifted their price target on MongoDB from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. The Goldman Sachs Group increased their price objective on MongoDB from $340.00 to $390.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, Monness Crespi & Hardt raised shares of MongoDB from a “sell” rating to a “neutral” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $331.65.

Read Our Latest Research Report on MDB

Insider Activity at MongoDB

In other news, 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 transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 3,000 shares of the firm’s stock in a transaction dated 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 $300,130,293.78. This trade represents a 0.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,314 shares of company stock valued at $13,337,753. 3.60% of the stock is owned by insiders.

Institutional Investors Weigh In On MongoDB

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in MongoDB by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 7,328,745 shares of the company’s stock valued at $1,706,205,000 after purchasing an additional 23,942 shares during the last quarter. Jennison Associates LLC raised its position in MongoDB by 23.6% in the third quarter. Jennison Associates LLC now owns 3,102,024 shares of the company’s stock valued at $838,632,000 after purchasing an additional 592,038 shares during the last quarter. Franklin Resources Inc. grew its holdings in MongoDB by 9.7% during the 4th quarter. Franklin Resources Inc. now owns 2,054,888 shares of the company’s stock worth $478,398,000 after acquiring an additional 181,962 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of MongoDB by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 1,252,142 shares of the company’s stock valued at $290,987,000 after buying an additional 22,106 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of MongoDB by 12.6% in the fourth quarter. First Trust Advisors LP now owns 854,906 shares of the company’s stock worth $199,031,000 after acquiring an additional 95,893 shares during the period. 89.29% of the stock is currently owned by institutional investors and hedge funds.

MongoDB Trading Down 20.6 %

The business’s 50-day simple moving average is $263.70 and its two-hundred day simple moving average is $275.28. The firm has a market cap of $15.61 billion, a price-to-earnings ratio of -76.92 and a beta of 1.30.

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.

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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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Carolina Core FC Sign Forward Anthony Sumo Jr. – OurSports Central

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MLS NEXT Pro Carolina Core FC

March 7, 2025 – MLS NEXT Pro (MLS NEXT Pro)
Carolina Core FC News Release

HIGH POINT – Carolina Core FC today announced that the club has signed forward Anthony Sumo Jr.

Sumo, 25, joins Carolina Core FC after having played with Kalonji Pro-Profile (2020-2024) in the United Premier Soccer League (UPSL) and Apotheos (2023) in the National Premier Soccer League (NPSL). Most recently, Sumo appeared for Kalonji Pro-Profile during the 2024-2025 UPSL regular season, highlighted by 21 goals and 10 assists, making him the fourth top goal-scorer in the league.

“We are thrilled to add Anthony to our Carolina Core FC family,” said Carolina Core FC Head Coach Donovan Ricketts. “Anthony will bring a different element to our system, which is a combination of strength and speed.”

The Monrovia, Liberia, native was a standout in the UPSL, scoring over 60 goals and registering over 30 assists in the span of four years. During Sumo Jr.’s spell in the UPSL, he compiled two UPSL Golden Boots in Georgia’s Premier Division (2020 and 2024/25) in addition to winning four Georgia Division Championships (2019-21, 2024/25). Throughout his four seasons spent in the UPSL, Sumo Jr. would win six Man of the Match awards for his outstanding displays. Sumo Jr. is the son of former legendary Liberian National Team striker, Anthony “Papee” Sumo Sr.

Transaction: Carolina Core FC sign forward Anthony Sumo Jr.

TRANSACTION DETAILS

Anthony Sumo Jr.

Position: Forward

Height: 6-3

Weight: 205

Date Of Birth: April 26, 1999

Age: 25

Birthplace: Monrovia, Liberia

Nationality: Liberian

Last Club: Kalonji Pro-Profile (UPSL)

Transaction: Carolina Core FC sign forward Anthony Sumo Jr. on a free contract.

• Discuss this story on the MLS NEXT Pro message board

The opinions expressed in this release are those of the organization issuing it, and do not necessarily reflect the thoughts or opinions of OurSports Central or its staff.

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MongoDB (NASDAQ:MDB) Posts Earnings Results, Misses Estimates By $0.45 EPS

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MongoDB (NASDAQ:MDBGet Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.45), Zacks reports. 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 period last year, the business earned $0.86 EPS. MongoDB updated its Q1 2026 guidance to 0.630-0.670 EPS and its FY 2026 guidance to 2.440-2.620 EPS.

MongoDB Trading Down 2.8 %

NASDAQ:MDB traded down $5.33 during mid-day trading on Friday, reaching $187.65. 5,777,748 shares of the stock were exchanged, compared to its average volume of 1,663,518. The business has a fifty day moving average price of $261.68 and a 200 day moving average price of $274.23. The firm has a market capitalization of $13.97 billion, a PE ratio of -68.49 and a beta of 1.30. MongoDB has a 1-year low of $181.34 and a 1-year high of $411.50.

Wall Street Analysts Forecast Growth

MDB has been the subject of several recent research reports. JMP Securities reaffirmed a “market outperform” rating and issued a $380.00 price objective on shares of MongoDB in a research report on Wednesday, December 11th. KeyCorp downgraded shares of MongoDB from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Royal Bank of Canada decreased their price target on shares of MongoDB from $400.00 to $320.00 and set an “outperform” rating for the company in a research report on Thursday. Cantor Fitzgerald initiated coverage on shares of MongoDB in a research report on Wednesday. They set an “overweight” rating and a $344.00 price target for the company. Finally, China Renaissance initiated coverage on shares of MongoDB in a research report on Tuesday, January 21st. They set a “buy” rating and a $351.00 price target for the company. One equities research 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 stock. According to data from MarketBeat.com, MongoDB presently has an average rating of “Moderate Buy” and an average target price of $319.87.

Get Our Latest Stock Analysis on MongoDB

Insider Buying and Selling

In related news, Director Dwight A. Merriman sold 3,000 shares of MongoDB stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $270.63, for a total value of $811,890.00. Following the transaction, the director now owns 1,109,006 shares of the company’s stock, valued at approximately $300,130,293.78. This trade represents a 0.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Thomas Bull sold 1,000 shares of MongoDB stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $355.92, for a total value of $355,920.00. Following the completion of the transaction, the chief accounting officer now directly owns 15,068 shares in the company, valued at $5,363,002.56. This 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 three months. Company insiders own 3.60% 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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Earnings History for MongoDB (NASDAQ:MDB)

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.

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MongoDB Stock Tanks 23% After Weak Guidance – Schaeffer’s Investment Research

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Bearish outlook, bearish, sell off, bearish market, downtrend

The database software company issued weak guidance for fiscal 2026

Shares of MongoDB Inc (NASDAQ:MDB) were last seen down 23.5% at $202.19, after the database software company issued weaker-than-expected guidance for fiscal 2026. While fourth-quarter adjusted earnings topped analyst expectations, the company’s outlook for the year ahead fell short, now projecting adjusted EPS between $2.44 and $2.62, well below the $3.38 per share analysts had forecasted. Revenue projections also missed expectations, with MongoDB guiding for $2.24 billion to $2.28 billion, under the $2.32 billion consensus estimate.

The stock is now trading at its lowest level since April 2023 and is on track for its biggest single-day percentage drop since May 2024. Year-to-date, MDB has shed 12%, while its 50% year-over-year decline reflects mounting pressure from short- and long-term moving averages.

In response, Keybanc downgraded the stock to “sector weight” from “overweight,” while at least 16 analysts slashed their price targets, including Scotiabank to $240. More price target cuts and downgrades could follow, given that the 12-month average price target of $364.09 still represents an 80% premium to MongoDB’s current level, and 27 analysts maintain a “buy” or better rating.

Options traders are also piling on, with 14,000 calls and 22,000 puts already exchanged — 18 times the stock’s average daily options volume. The March 210 put is seeing the most activity, while new positions are opening at the June 170 put, signaling bearish sentiment in the near term.

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MongoDB Stock Price Plunges To 52 Week Low on Missed Guidance, Analysts Cut

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MongoDB’s stock (NASDAQ: MDB) took a dramatic drop in trading post earnings, down 26.94% on the day, and hitting new 52 week lows in the process. Whilst EPS came in as a big upside surprise, with a $1.28 reported against the street’s expectation for $0.67, the company issued revenue guidance that failed to meet expectations.

The revenue guidance from MongoDB projected a full-year revenue in the range of $2.24 billion to $2.28 billion. This projection indicates a 12% growth, which is notably below the 18% growth that analysts had anticipated.

Additionally, the company reported revenue of $548.4 million, exceeding the expected $519.84 million by analysts. This growth was driven by a 19% year-over-year rise in subscription revenue, reaching $531 million, and a 34% increase in services revenue, amounting to $17.4 million.

As has been the case with many tech names during this earnings season, any chink in the armour, or a guidance that fails to meet expectations has seen stock prices punished. Shedding some $5billion in market cap on the day, and with the stock now down 53% over the past year, MongoDB is down at 2 year lows, and has work to do in order to shift sentiment.

Despite the disappointing forecast, Loop Capital, and Citi were a couple of holdouts in what was a day of price target cuts for MDG. We counted no fewer than 16 reductions in PT on the day, despite the price targets in some cases remaining significantly to the upside of current price action. Citi were one of the more bullish on the print, indicating they saw the fundamentals “stable to improving”, with positives taken on Atlas consumption. The firm kept a $430 price target, along with a Buy rating in place.

Here is a list of the new targets on the day, with previous marks in brackets :

  • Oppenheimer $330 ($400)
  • Baird $300 ($390)
  • Stifel $340 ($425)
  • Wells Fargo $225 ($365)
  • Barclays $280 ($330)
  • ScotiaBank $240 ($275)
  • Needham $270 ($415)
  • RBC Capital $320 ($400)
  • Truist $300 ($400)
  • Wedbush $300 ($360)
  • Guggenheim $300 ($325)
  • Piper Sandler $280 ($425)
  • Morgan Stanley $315 ($350)
  • Canaccord $320 ($385)
  • BofA $286 ($420)
  • Citizens JMP $345 ($380)

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MongoDB (NASDAQ:MDB) Sets New 52-Week Low on Disappointing Earnings

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MongoDB, Inc. (NASDAQ:MDBGet Free Report)’s share price hit a new 52-week low during trading on Thursday following a weaker than expected earnings announcement. The stock traded as low as $200.19 and last traded at $205.36, with a volume of 2933806 shares traded. The stock had previously closed at $264.13.

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 return on equity of 12.22% and a negative net margin of 10.46%. During the same quarter in the previous year, the company posted $0.86 EPS.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Piper Sandler decreased their target price on shares of MongoDB from $425.00 to $280.00 and set an “overweight” rating on the stock in a research report on Thursday. The Goldman Sachs Group dropped their target price on shares of MongoDB from $390.00 to $335.00 and set a “buy” rating for the company in a report on Thursday. Mizuho upped their price target on MongoDB from $275.00 to $320.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. China Renaissance assumed coverage on MongoDB in a report on Tuesday, January 21st. They set a “buy” rating and a $351.00 price objective for the company. Finally, Bank of America lowered their target price on MongoDB from $420.00 to $286.00 and set a “buy” rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, MongoDB presently has an average rating of “Moderate Buy” and an average price target of $322.61.

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Insider Activity

In other MongoDB news, CFO Michael Lawrence Gordon sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $267.85, for a total value of $1,339,250.00. Following the transaction, the chief financial officer now owns 80,307 shares of the company’s stock, valued at $21,510,229.95. This trade represents a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Thomas Bull sold 1,000 shares of MongoDB stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $355.92, for a total value of $355,920.00. Following the completion of the transaction, 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. In the last 90 days, insiders have sold 50,314 shares of company stock worth $13,337,753. 3.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of MongoDB during the fourth quarter worth approximately $13,270,000. Azzad Asset Management Inc. ADV raised its stake in shares of MongoDB by 17.7% during the fourth 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 in the last quarter. Infinitum Asset Management LLC acquired a new stake in MongoDB in the fourth quarter worth about $8,148,000. Polar Asset Management Partners Inc. acquired a new position in MongoDB during the 4th quarter valued at about $14,458,000. Finally, Mackenzie Financial Corp raised its position in shares of MongoDB by 47.8% during the 4th quarter. Mackenzie Financial Corp now owns 5,731 shares of the company’s stock worth $1,334,000 after buying an additional 1,854 shares in the last quarter. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB Stock Performance

The business’s 50 day moving average price is $262.69 and its two-hundred day moving average price is $274.71. The company has a market capitalization of $14.37 billion, a price-to-earnings ratio of -70.43 and a beta of 1.30.

About MongoDB

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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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