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MongoDB, Inc. (NASDAQ:MDB – Free Report) – Research analysts at KeyCorp issued their Q4 2024 earnings per share (EPS) estimates for MongoDB in a research report issued on Tuesday, January 2nd. KeyCorp analyst E. Heath anticipates that the company will earn ($0.68) per share for the quarter. KeyCorp has a “Overweight” rating and a $440.00 price target on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.64) per share. KeyCorp also issued estimates for MongoDB’s Q1 2025 earnings at ($0.44) EPS, Q2 2025 earnings at ($0.30) EPS, Q3 2025 earnings at ($0.17) EPS, Q4 2025 earnings at ($0.42) EPS, FY2025 earnings at ($1.32) EPS and FY2026 earnings at ($0.76) EPS.

Several other equities research analysts have also recently weighed in on the company. UBS Group restated a “neutral” rating and set a $410.00 target price (down from $475.00) on shares of MongoDB in a research note on Thursday. Bank of America initiated coverage on MongoDB in a research note on Thursday, October 12th. They set a “buy” rating and a $450.00 target price for the company. Stifel Nicolaus restated a “buy” rating and set a $450.00 target price on shares of MongoDB in a research note on Monday, December 4th. Capital One Financial upgraded MongoDB from an “equal weight” rating to an “overweight” rating and set a $427.00 price target for the company in a research note on Wednesday, November 8th. Finally, Scotiabank initiated coverage on MongoDB in a research note on Tuesday, October 10th. They issued a “sector perform” rating and a $335.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-one have issued a buy rating to the stock. According to MarketBeat.com, MongoDB has an average rating of “Moderate Buy” and an average price target of $430.41.

Read Our Latest Analysis on MongoDB

MongoDB Stock Up 0.8 %

NASDAQ MDB opened at $365.39 on Friday. The business has a fifty day moving average price of $392.38 and a two-hundred day moving average price of $380.82. The company has a debt-to-equity ratio of 1.18, a current ratio of 4.74 and a quick ratio of 4.74. MongoDB has a fifty-two week low of $164.59 and a fifty-two week high of $442.84. The stock has a market capitalization of $26.37 billion, a PE ratio of -138.41 and a beta of 1.23.

MongoDB (NASDAQ:MDB – Get Free Report) last issued its quarterly earnings results on Tuesday, December 5th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.45. The business had revenue of $432.94 million for the quarter, compared to the consensus estimate of $406.33 million. MongoDB had a negative return on equity of 20.64% and a negative net margin of 11.70%. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.23) earnings per share.

Insiders Place Their Bets

In other MongoDB news, CEO Dev Ittycheria sold 100,500 shares of the stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $375.00, for a total transaction of $37,687,500.00. Following the completion of the sale, the chief executive officer now directly owns 214,177 shares in the company, valued at approximately $80,316,375. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, Director Dwight A. Merriman sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $345.21, for a total value of $345,210.00. Following the completion of the sale, the director now directly owns 533,896 shares in the company, valued at approximately $184,306,238.16. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Dev Ittycheria sold 100,500 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $375.00, for a total value of $37,687,500.00. Following the completion of the sale, the chief executive officer now owns 214,177 shares of the company’s stock, valued at $80,316,375. The disclosure for this sale can be found here. In the last ninety days, insiders sold 149,029 shares of company stock worth $57,034,511. Company insiders own 4.80% of the company’s stock.

Institutional Trading of MongoDB

Several large investors have recently made changes to their positions in the company. Raymond James & Associates lifted its position in MongoDB by 32.0% in the 1st quarter. Raymond James & Associates now owns 4,922 shares of the company’s stock valued at $2,183,000 after acquiring an additional 1,192 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in MongoDB by 19.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,282 shares of the company’s stock valued at $569,000 after acquiring an additional 206 shares in the last quarter. MetLife Investment Management LLC bought a new position in MongoDB in the 1st quarter valued at about $1,823,000. Panagora Asset Management Inc. lifted its position in MongoDB by 9.8% in the 1st quarter. Panagora Asset Management Inc. now owns 1,977 shares of the company’s stock valued at $877,000 after acquiring an additional 176 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its position in MongoDB by 100.3% in the 1st quarter. Vontobel Holding Ltd. now owns 2,873 shares of the company’s stock valued at $1,236,000 after acquiring an additional 1,439 shares in the last quarter. 88.89% of the stock is currently owned by institutional investors and hedge funds.

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.

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