Cantor Fitzgerald Cuts MongoDB (NASDAQ:MDB) Price Target to $378.00

MongoDB (NASDAQ:MDB) had its target price reduced by equities research analysts at Cantor Fitzgerald from $454.00 to $378.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 16.30% from the stock’s current price.

MDB has been the subject of a number of other research reports. Wall Street Zen upgraded MongoDB from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Guggenheim increased their price target on MongoDB from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Argus boosted their price target on shares of MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Royal Bank Of Canada set a $500.00 price objective on MongoDB in a research report on Thursday, January 15th. Finally, Mizuho dropped their target price on MongoDB from $380.00 to $290.00 and set a “neutral” rating for the company in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $388.42.

MongoDB Price Performance

Shares of MDB opened at $325.01 on Tuesday. The business has a fifty day moving average of $383.23 and a 200 day moving average of $351.77. MongoDB has a one year low of $140.78 and a one year high of $444.72. The firm has a market capitalization of $26.45 billion, a P/E ratio of -373.57 and a beta of 1.40.

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

Insider Activity at MongoDB

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of the company’s stock in a transaction 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 completion of the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Thomas Bull sold 555 shares of the 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 transaction, the chief accounting officer directly owned 10,784 shares in the company, valued at $4,463,066.24. The trade was a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 57,354 shares of company stock worth $23,474,994. Insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On MongoDB

Several institutional investors have recently bought and sold shares of MDB. Clark Financial Services Group Inc. BD lifted its holdings in shares of MongoDB by 1.5% during the 4th quarter. Clark Financial Services Group Inc. BD now owns 1,669 shares of the company’s stock valued at $702,000 after purchasing an additional 25 shares during the last quarter. Root Financial Partners LLC grew its stake in MongoDB by 58.2% during the 4th quarter. Root Financial Partners LLC now owns 87 shares of the company’s stock worth $37,000 after buying an additional 32 shares during the last quarter. True Wealth Design LLC increased its position in MongoDB by 9.4% during the 4th quarter. True Wealth Design LLC now owns 419 shares of the company’s stock valued at $176,000 after buying an additional 36 shares in the last quarter. HighPoint Advisor Group LLC increased its position in MongoDB by 2.5% during the 4th quarter. HighPoint Advisor Group LLC now owns 1,491 shares of the company’s stock valued at $626,000 after buying an additional 36 shares in the last quarter. Finally, Lido Advisors LLC raised its stake in MongoDB by 3.4% in the fourth quarter. Lido Advisors LLC now owns 1,092 shares of the company’s stock valued at $458,000 after buying an additional 36 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting MongoDB

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.