Stifel Nicolaus Issues Pessimistic Forecast for MongoDB (NASDAQ:MDB) Stock Price

MongoDB (NASDAQ:MDB) had its price target reduced by investment analysts at Stifel Nicolaus from $450.00 to $330.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 27.11% from the stock’s previous close.

MDB has been the topic of several other research reports. Zacks Research upgraded shares of MongoDB from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 3rd. Monness Crespi & Hardt lowered their target price on shares of MongoDB from $475.00 to $370.00 and set a “buy” rating for the company in a research note on Tuesday. Wall Street Zen raised MongoDB from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Truist Financial lowered their price target on MongoDB from $500.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Citizens Jmp lifted their price target on MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a report on Tuesday, December 2nd. Two investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $365.24.

MongoDB Price Performance

Shares of NASDAQ MDB traded down $65.39 during midday trading on Tuesday, hitting $259.62. 8,732,862 shares of the company’s stock were exchanged, compared to its average volume of 1,890,417. MongoDB has a twelve month low of $140.78 and a twelve month high of $444.72. The firm has a market cap of $21.13 billion, a P/E ratio of -298.41 and a beta of 1.40. The stock’s 50 day moving average price is $383.23 and its 200-day moving average price is $351.77.

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

Insider Transactions at MongoDB

In related news, Director Dwight A. Merriman sold 1,190 shares of MongoDB stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $369.75, for a total transaction of $440,002.50. Following the sale, the director directly owned 80,462 shares in the company, valued at approximately $29,750,824.50. This trade represents a 1.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Hope F. Cochran sold 1,566 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total transaction of $660,617.10. Following the sale, the director directly owned 25,659 shares in the company, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 57,354 shares of company stock worth $23,474,994. 3.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of MongoDB by 5.0% in the 3rd quarter. Vanguard Group Inc. now owns 8,985,697 shares of the company’s stock valued at $2,788,981,000 after purchasing an additional 431,382 shares in the last quarter. ValueAct Holdings L.P. lifted its position in shares of MongoDB by 206.8% in the 3rd quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock worth $657,447,000 after purchasing an additional 1,427,700 shares during the period. State Street Corp lifted its position in MongoDB by 2.3% during the fourth quarter. State Street Corp now owns 1,796,847 shares of the company’s stock valued at $754,119,000 after buying an additional 40,219 shares during the period. Amundi grew its holdings in MongoDB by 61.3% in the third quarter. Amundi now owns 1,483,396 shares of the company’s stock worth $477,550,000 after purchasing an additional 563,995 shares during the period. Finally, Geode Capital Management LLC increased its position in MongoDB by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 1,444,384 shares of the company’s stock valued at $604,429,000 after buying an additional 9,693 shares in the last quarter. 89.29% of the stock is currently owned by institutional investors.

MongoDB News Summary

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 beat and strong growth: MongoDB reported FQ4 revenue of $695.1M (up ~27% YoY) and EPS of $1.65, above expectations; Atlas growth and customer adds remain robust, supporting the multi‑year growth story. Press Release: FQ4 Results
• Positive Sentiment: Solid full‑year outlook: Management raised FY2027 EPS guidance materially (5.75–5.93 vs. consensus ~3.41) and gave a full‑year revenue target near $2.9B — a signal that company expects stronger annual performance despite a weaker Q1 outlook. Earnings Presentation / Release
• Neutral Sentiment: Some analysts reaffirm conviction: Guggenheim reaffirmed a “buy” with a $475 target, signaling that some firms still view MDB as a long‑term grower despite the pullback. Benzinga: Guggenheim Reaffirmed
• Neutral Sentiment: Market commentary sees a dip-buy case: Several outlets framed the sell‑off as an overreaction given underlying growth and improving margins, suggesting potential buying opportunities for longer‑term investors. MarketBeat: Buying Opportunity
• Negative Sentiment: Weak near‑term guidance (Q1) — the main catalyst: MongoDB guided Q1 EPS and revenue below street consensus (Q1 EPS guide ~1.15–1.19 vs. consensus ~0.64 on one report, but the company’s Q1 revenue band was slightly below expectations in other summaries), which investors treated as a “guidance whiff” and a reason to sell into the print. Schaeffer Research: Guidance Whiff
• Negative Sentiment: Executive departures: The unexpected exits in senior go‑to‑market roles (President of Field Operations and CRO) heightened investor concern about near‑term sales execution and contributed to the sell‑off. Blockonomi: Exec Departures
• Negative Sentiment: Widespread price‑target cuts: Multiple brokers (Wells Fargo, Barclays, Wedbush, Cantor Fitzgerald, Oppenheimer, RBC, Mizuho, Scotiabank, Truist and others) lowered targets — many still rate MDB overweight/outperform but trimmed targets — adding selling pressure and indicating analysts are reassessing near‑term assumptions. MarketScreener: Analyst Target Changes

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.