During the last three months, 32 analysts shared their evaluations of MongoDB MDB, revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 13 | 15 | 3 | 0 | 1 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 2 | 0 | 0 | 0 |
| 2M Ago | 11 | 12 | 3 | 0 | 1 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $374.84, a high estimate of $430.00, and a low estimate of $220.00. Witnessing a positive shift, the current average has risen by 8.65% from the previous average price target of $345.00.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive MongoDB. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Colin Liu | China Renaissance | Announces | Buy | $351.00 | - |
| Thomas Blakey | Cantor Fitzgerald | Announces | Overweight | $344.00 | - |
| Raimo Lenschow | Barclays | Lowers | Overweight | $330.00 | $400.00 |
| Howard Ma | Guggenheim | Maintains | Buy | $300.00 | $300.00 |
| Ivan Feinseth | Tigress Financial | Raises | Buy | $430.00 | $400.00 |
| Blair Abernethy | Rosenblatt | Announces | Buy | $350.00 | - |
| Tyler Radke | Citigroup | Raises | Buy | $430.00 | $400.00 |
| Brian White | Monness, Crespi, Hardt | Announces | Sell | $220.00 | - |
| Steve Koenig | Macquarie | Announces | Neutral | $300.00 | - |
| David Hynes | Canaccord Genuity | Raises | Buy | $385.00 | $325.00 |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $380.00 | $380.00 |
| Andrew Nowinski | Wells Fargo | Raises | Overweight | $425.00 | $350.00 |
| Miller Jump | Truist Securities | Raises | Buy | $400.00 | $320.00 |
| Eric Heath | Keybanc | Raises | Overweight | $395.00 | $375.00 |
| Brad Reback | Stifel | Raises | Buy | $425.00 | $360.00 |
| Ittai Kidron | Oppenheimer | Raises | Outperform | $400.00 | $350.00 |
| Rudy Kessinger | DA Davidson | Raises | Buy | $405.00 | $340.00 |
| Rishi Jaluria | RBC Capital | Raises | Outperform | $400.00 | $350.00 |
| Kash Rangan | Goldman Sachs | Raises | Buy | $390.00 | $340.00 |
| Patrick Colville | Scotiabank | Raises | Sector Perform | $350.00 | $295.00 |
| William Power | Baird | Raises | Outperform | $390.00 | $380.00 |
| Matthew Broome | Mizuho | Raises | Neutral | $320.00 | $275.00 |
| Sanjit Singh | Morgan Stanley | Raises | Overweight | $350.00 | $340.00 |
| Raimo Lenschow | Barclays | Raises | Overweight | $400.00 | $375.00 |
| Mike Cikos | Needham | Raises | Buy | $415.00 | $335.00 |
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $425.00 | $425.00 |
| Brad Reback | Stifel | Raises | Buy | $360.00 | $325.00 |
| Eric Heath | Keybanc | Raises | Overweight | $375.00 | $330.00 |
| William Power | Baird | Raises | Outperform | $380.00 | $305.00 |
| Yun Kim | Loop Capital | Raises | Buy | $400.00 | $315.00 |
| Brent Bracelin | Piper Sandler | Raises | Overweight | $425.00 | $335.00 |
| Raimo Lenschow | Barclays | Raises | Overweight | $345.00 | $290.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to MongoDB. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MongoDB compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for MongoDB's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into MongoDB's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on MongoDB analyst ratings.
Unveiling the Story Behind MongoDB
Founded in 2007, MongoDB is a document-oriented database. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
MongoDB's Economic Impact: An Analysis
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Positive Revenue Trend: Examining MongoDB's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 22.27% as of 31 October, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: MongoDB's net margin excels beyond industry benchmarks, reaching -1.85%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): MongoDB's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.68% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): MongoDB's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.31%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.77, MongoDB adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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