MongoDB (NASDAQ:MDB) Stock Price Expected to Rise, Mizuho Analyst Says

MongoDB (NASDAQ:MDB) had its price objective increased by equities researchers at Mizuho from $400.00 to $460.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Mizuho’s price objective would suggest a potential upside of 5.94% from the stock’s current price.

MDB has been the subject of a number of other research reports. Canaccord Genuity Group boosted their price target on shares of MongoDB from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Weiss Ratings raised MongoDB from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 13th. Citizens Jmp restated a “market outperform” rating and issued a $519.00 target price on shares of MongoDB in a report on Wednesday. Wall Street Zen downgraded MongoDB from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Finally, Rosenblatt Securities raised their price objective on MongoDB from $395.00 to $445.00 and gave the company a “buy” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, MongoDB presently has a consensus rating of “Moderate Buy” and a consensus price target of $462.84.

MongoDB Stock Down 4.2%

Shares of NASDAQ MDB opened at $434.21 on Wednesday. The firm has a market cap of $34.92 billion, a PE ratio of -1,173.54, a P/E/G ratio of 3,220.66 and a beta of 1.58. The company’s fifty day simple moving average is $369.91 and its 200 day simple moving average is $322.27. MongoDB has a 12-month low of $215.68 and a 12-month high of $473.10.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Tuesday, September 1st. The company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.28. The firm had revenue of $771.77 million for the quarter, compared to analyst estimates of $735.01 million. MongoDB had a negative net margin of 1.12% and a negative return on equity of 1.39%. The business’s quarterly revenue was up 30.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.00 earnings per share. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. On average, equities analysts predict that MongoDB will post 0.01 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Michael J. Berry sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $356.63, for a total transaction of $1,783,150.00. Following the completion of the sale, the chief financial officer owned 1,500 shares in the company, valued at approximately $534,945. This trade represents a 76.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dwight A. Merriman sold 10,000 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $353.91, for a total transaction of $3,539,100.00. Following the completion of the transaction, the director owned 983,316 shares in the company, valued at approximately $348,005,365.56. The trade was a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 80,696 shares of company stock worth $31,425,055 over the last 90 days. Company insiders own 2.60% of the company’s stock.

Institutional Trading of MongoDB

Large investors have recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in shares of MongoDB during the 4th quarter valued at $33,000. Cassaday & Co Wealth Management LLC purchased a new stake in MongoDB in the 1st quarter worth about $34,000. Smallwood Wealth Investment Management LLC bought a new stake in MongoDB in the 2nd quarter valued at about $34,000. NBH Bank bought a new stake in MongoDB in the 2nd quarter valued at about $34,000. Finally, CX Institutional lifted its holdings in MongoDB by 94.3% during the second quarter. CX Institutional now owns 103 shares of the company’s stock valued at $35,000 after purchasing an additional 50 shares during the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB reported revenue of $771.8 million, up 30.5% year over year and above the roughly $735 million consensus estimate. Adjusted EPS of $1.90 also exceeded expectations of approximately $1.62. MongoDB fiscal second-quarter results
• Positive Sentiment: Management raised fiscal 2027 guidance, projecting revenue of about $2.99 billion to $3.03 billion and adjusted EPS of $6.39 to $6.58. Third-quarter revenue guidance of $756 million to $761 million also topped analyst expectations. MongoDB raises fiscal 2027 outlook
• Positive Sentiment: Atlas remained a major growth driver, with revenue increasing approximately 29%, while enterprise and other revenue rose about 36%. Management cited strong enterprise workloads and early AI-related use cases as support for its upgraded outlook. MongoDB earnings call highlights
• Neutral Sentiment: Several analysts maintained Buy or Outperform ratings and issued price targets ranging from $430 to $560, suggesting that Wall Street remains broadly constructive on MongoDB’s long-term growth prospects. However, the targets vary widely after the earnings release. Analyst forecasts after MongoDB results
• Negative Sentiment: Atlas growth remained near 29%, broadly unchanged from recent quarters, disappointing investors who expected a clearer acceleration from AI demand. Chief Executive Officer Dev Ittycheria reportedly said he was surprised and disappointed by the market reaction, while noting a more meaningful Atlas growth inflection could still be several quarters away. MongoDB Atlas growth misses expectations
• Negative Sentiment: Investors also cited elevated AI and infrastructure costs, profit-taking after a strong run, and MongoDB’s demanding valuation. The company continues to report a slightly negative net margin, increasing the market’s sensitivity to any sign that growth is not accelerating quickly enough. MongoDB AI infrastructure costs

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.