Barclays Lowers MongoDB (NASDAQ:MDB) Price Target to $370.00

MongoDB (NASDAQ:MDB) had its price target cut by analysts at Barclays from $440.00 to $370.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price target points to a potential upside of 47.05% from the stock’s previous close.

A number of other brokerages also recently weighed in on MDB. Mizuho lowered their price objective on shares of MongoDB from $380.00 to $290.00 and set a “neutral” rating on the stock in a research report on Tuesday. Bank of America increased their target price on shares of MongoDB from $440.00 to $480.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Rosenblatt Securities reissued a “buy” rating and set a $425.00 price target on shares of MongoDB in a report on Monday. KeyCorp restated a “sector weight” rating on shares of MongoDB in a research report on Tuesday, December 2nd. Finally, Morgan Stanley lifted their price objective on MongoDB from $400.00 to $440.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $374.79.

MongoDB Price Performance

NASDAQ MDB traded down $73.40 during mid-day trading on Tuesday, reaching $251.62. The stock had a trading volume of 5,841,953 shares, compared to its average volume of 1,785,375. The stock has a market cap of $20.48 billion, a PE ratio of -289.70 and a beta of 1.40. MongoDB has a 1 year low of $140.78 and a 1 year high of $444.72. The company has a fifty day moving average price of $383.23 and a 200 day moving average price of $351.77.

MongoDB (NASDAQ:MDB) last posted its earnings results on Monday, March 2nd. The company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.18. The business had revenue of $695.07 million during the quarter, compared to analyst estimates of $669.40 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The company’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.28 EPS. As a group, equities research analysts expect that MongoDB will post -1.78 earnings per share for the current year.

Insider Activity

In related news, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the transaction, the director directly owned 194,600 shares in the company, valued at $78,978,410. The trade was a 11.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dwight A. Merriman sold 1,190 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $369.75, for a total transaction of $440,002.50. Following the completion of the transaction, the director directly owned 80,462 shares of the company’s stock, valued at $29,750,824.50. The trade was a 1.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 57,354 shares of company stock valued at $23,474,994 in the last ninety days. 3.10% of the stock is currently owned by insiders.

Institutional Trading of MongoDB

A number of hedge funds and other institutional investors have recently modified their holdings of MDB. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of 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 during the last quarter. Pacer Advisors Inc. raised its position in MongoDB by 209.0% in the 3rd quarter. Pacer Advisors Inc. now owns 4,549 shares of the company’s stock valued at $1,412,000 after purchasing an additional 3,077 shares during the last quarter. Penserra Capital Management LLC boosted its stake in shares of MongoDB by 42.1% during the third quarter. Penserra Capital Management LLC now owns 135,036 shares of the company’s stock worth $41,910,000 after buying an additional 39,978 shares during the period. Pinegrove Venture Partners LLC purchased a new position in shares of MongoDB in the 3rd quarter valued at approximately $1,032,000. Finally, Rakuten Investment Management Inc. purchased a new position in MongoDB during the 3rd quarter worth $40,014,000. 89.29% of the stock is owned by institutional investors and hedge funds.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 beat — MongoDB reported stronger-than-expected Q4 results (revenue $695.1M, +27% Y/Y; EPS $1.65, topping estimates) and highlighted customer additions and robust deals, which supports the company’s growth narrative. Q4 Press Release
• Positive Sentiment: Aggressive EPS guidance — MongoDB raised EPS guidance sharply: Q1 FY2027 EPS $1.150–1.190 vs. consensus ~0.64, and FY2027 EPS $5.75–5.93 vs. consensus ~3.41. Strong EPS outlook (if achievable) implies margin leverage and could support upside over time. Guidance & Strategy Article
• Neutral Sentiment: Revenue guidance roughly flat to light — Q1 revenue guided to ~$659M–$664M (vs. consensus ~$661M) and FY revenue guidance roughly in line with expectations; EPS strength is notable but revenue guidance lacks a clear beat, leaving mixed signals for growth investors. Guidance & Strategy Article
• Neutral Sentiment: Atlas growth deceleration flagged — Management outlined Atlas revenue growth of ~21%–23% for fiscal 2027, a deceleration from recent rates; this is important because Atlas is the core growth engine. Guidance & Strategy Article
• Negative Sentiment: Executive departures and market reaction — Reports of executive departures and “mixed” forward commentary triggered a sharp sell-off in after-hours trading and headlines saying the stock plunged ~24%, amplifying downward pressure. Blockonomi: Shares Plunge
• Negative Sentiment: Analyst cuts and neutral/weak re-rates — Multiple firms trimmed price targets or moved to neutral (Mizuho cut to $290; Robert W. Baird reaffirmed neutral and cut target to $260), adding selling pressure even as some outlets (Bernstein, Rosenblatt) kept higher targets. Benzinga: Analyst Moves TickerReport: Analyst Note
• Negative Sentiment: Macro noise — Broader market weakness (geopolitical-driven oil and risk-off flows) likely amplified the stock’s decline today, compounding the company-specific reaction to guidance and leadership news. Market Context

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.