UBS Group Cuts MongoDB (NASDAQ:MDB) Price Target to $275.00

MongoDB (NASDAQ:MDB) had its price objective decreased by UBS Group from $440.00 to $275.00 in a research note issued to investors on Tuesday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Several other research firms also recently weighed in on MDB. Citizens Jmp raised their price target on shares of MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a research note on Tuesday, December 2nd. Scotiabank cut their price objective on shares of MongoDB from $415.00 to $275.00 and set a “sector perform” rating for the company in a report on Tuesday. Citigroup decreased their target price on shares of MongoDB from $435.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday. Monness Crespi & Hardt dropped their price target on MongoDB from $475.00 to $370.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Piper Sandler cut their price target on MongoDB from $490.00 to $330.00 and set an “overweight” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, MongoDB has an average rating of “Moderate Buy” and an average price target of $354.18.

MongoDB Stock Performance

Shares of MDB opened at $263.93 on Tuesday. MongoDB has a one year low of $140.78 and a one year high of $444.72. The stock has a market capitalization of $21.48 billion, a price-to-earnings ratio of -299.92, a PEG ratio of 1,462.32 and a beta of 1.40. The stock has a 50 day moving average price of $372.37 and a 200 day moving average price of $350.67.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The company had revenue of $695.07 million for the quarter, compared to analyst estimates of $669.40 million. During the same quarter last year, the firm posted $1.28 EPS. The firm’s revenue for the quarter was up 26.8% on a year-over-year basis. On average, analysts predict that MongoDB will post -1.78 earnings per share for the current year.

Insider Activity

In related news, Director Hope F. Cochran sold 1,566 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $421.85, for a total value of $660,617.10. Following the transaction, the director directly owned 25,659 shares in the company, valued at approximately $10,824,249.15. This represents a 5.75% 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, CAO Thomas Bull sold 555 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $413.86, for a total value of $229,692.30. Following the sale, the chief accounting officer directly owned 10,784 shares of the company’s stock, valued at approximately $4,463,066.24. This trade represents a 4.89% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 32,504 shares of company stock valued at $13,389,622. 3.10% of the stock is currently owned by company insiders.

Institutional Trading of MongoDB

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. grew its position in MongoDB by 1,277.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,219 shares of the company’s stock valued at $5,655,000 after acquiring an additional 16,896 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of MongoDB by 209.0% during the third quarter. Pacer Advisors Inc. now owns 4,549 shares of the company’s stock worth $1,412,000 after purchasing an additional 3,077 shares in the last quarter. Penserra Capital Management LLC boosted its stake in shares of MongoDB by 42.1% in the third quarter. Penserra Capital Management LLC now owns 135,036 shares of the company’s stock valued at $41,910,000 after purchasing an additional 39,978 shares during the period. Pinegrove Venture Partners LLC purchased a new position in shares of MongoDB in the third quarter valued at approximately $1,032,000. Finally, Rakuten Investment Management Inc. acquired a new position in shares of MongoDB in the third quarter valued at approximately $40,014,000. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Company expands AI capabilities — MongoDB announced new embedding models, vector search tools and APIs in Atlas to simplify building AI apps, a product push that supports long‑term revenue mix and Atlas adoption. MongoDB Expands AI Capabilities
• Positive Sentiment: Analyst upgrade — Scotiabank raised MDB from “sector perform” to “sector outperform” and lifted its price target to $310, signaling research confidence from at least one regional bank. Scotiabank Upgrade (Benzinga)
• Positive Sentiment: High price targets / buy ratings remain from several firms — Citigroup set a $400 PT and Rosenblatt reaffirmed a Buy rating, showing pockets of analyst conviction above current levels. Citigroup $400 PT
• Neutral Sentiment: Unusual options flow — Extremely large volumes of both calls (~36,130) and puts (~23,831) were traded, indicating speculative positioning and increased short‑term volatility rather than a clear directional bet.
• Neutral Sentiment: Mixed analyst target moves — A few shops trimmed targets (e.g., Canaccord to $375, UBS to $275) while others kept higher targets; the net effect is increased dispersion in expectations. Canaccord PT Cut UBS PT Cut
• Negative Sentiment: Guidance disappointed — Q4 results beat on revenue and EPS, but fiscal‑2027 guidance still implies operating losses (and management changes were announced), which triggered the prior session’s heavy selloff. Why MDB Is Down 19.1%
• Negative Sentiment: Downgrades and cautious notes — Zacks moved MDB from “strong‑buy” to “hold” and several firms expressed more conservative outlooks, adding pressure after the guidance miss. Zacks Downgrade
• Negative Sentiment: Analyst pessimism reported — Barclays and Monness issued more negative commentary/forecasts that contributed to the recent gap down and investor caution. Barclays Pessimistic Forecast Monness Notes

MongoDB Company Profile

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.