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MongoDB (MDB, Financial) disclosed in a recent regulatory filing that Srdjan Tanjga, the Interim Chief Financial Officer, has decided to step down from his role. His resignation will be effective as of May 8, 2025. Tanjga has been serving as the company’s principal financial officer, and his departure will not affect his compensatory package.
The company is currently in advanced discussions with a prospective candidate to fill the CFO position and anticipates making a formal announcement within the next week to ten days. MongoDB is looking to ensure a smooth transition by swiftly appointing a successor to maintain continuity in its financial leadership.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for MongoDB Inc (MDB, Financial) is $287.89 with a high estimate of $520.00 and a low estimate of $170.00. The average target implies an
upside of 89.81%
from the current price of $151.67. More detailed estimate data can be found on the MongoDB Inc (MDB) Forecast page.
Based on the consensus recommendation from 38 brokerage firms, MongoDB Inc’s (MDB, Financial) average brokerage recommendation is currently 2.0, indicating “Outperform” status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MongoDB Inc (MDB, Financial) in one year is $432.89, suggesting a
upside
of 185.42% from the current price of $151.67. GF Value is GuruFocus’ estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business’ performance. More detailed data can be found on the MongoDB Inc (MDB) Summary page.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
Article originally posted on mongodb google news. Visit mongodb google news