Zacks Research Downgrades MongoDB (NASDAQ:MDB) to Hold

MongoDB (NASDAQ:MDB) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

MDB has been the topic of a number of other reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $340.00 price objective on shares of MongoDB in a report on Tuesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. The Goldman Sachs Group reiterated a “buy” rating and set a $475.00 price objective on shares of MongoDB in a research note on Monday, January 5th. Guggenheim restated a “buy” rating and issued a $475.00 target price on shares of MongoDB in a research note on Tuesday. Finally, Stifel Nicolaus lowered their target price on shares of MongoDB from $450.00 to $330.00 and set a “buy” rating on the stock in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $357.82.

MongoDB Price Performance

Shares of MongoDB stock opened at $252.73 on Monday. MongoDB has a 52-week low of $140.78 and a 52-week high of $444.72. The firm has a market capitalization of $20.57 billion, a PE ratio of -287.19 and a beta of 1.40. The company’s fifty day moving average price is $379.54 and its two-hundred day moving average price is $352.01.

MongoDB (NASDAQ:MDB) last issued its earnings results on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.18. The business had revenue of $695.07 million for the quarter, compared to analyst estimates of $669.40 million. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The firm’s revenue was up 26.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.28 EPS. Analysts predict that MongoDB will post -1.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of the 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 owned 25,659 shares of the company’s stock, valued at $10,824,249.15. This represents a 5.75% decrease in their position. The sale was disclosed in a legal 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 shares were sold at an average price of $413.86, for a total value of $229,692.30. Following the completion of the transaction, the chief accounting officer owned 10,784 shares in the company, valued at $4,463,066.24. The trade was a 4.89% decrease in their ownership of the stock. 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 valued at $23,474,994. 3.10% of the stock is owned by corporate insiders.

Institutional Trading of MongoDB

A number of institutional investors have recently bought and sold shares of the business. Employees Provident Fund Board acquired a new position in shares of MongoDB in the 4th quarter valued at $203,365,000. Bank of Hawaii grew its stake in shares of MongoDB by 1.8% during the fourth quarter. Bank of Hawaii now owns 4,012 shares of the company’s stock worth $1,684,000 after purchasing an additional 72 shares during the period. Reflection Asset Management bought a new stake in MongoDB in the fourth quarter valued at about $66,000. Sankala Group LLC acquired a new position in MongoDB in the fourth quarter valued at about $73,000. Finally, Pacer Advisors Inc. boosted its holdings in MongoDB by 78.5% during the fourth quarter. Pacer Advisors Inc. now owns 8,118 shares of the company’s stock worth $3,407,000 after buying an additional 3,569 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

Key Stories Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat expectations — stronger-than-expected revenue, EPS and Atlas growth, improved margins and rising free cash flow provide a solid operational base that supports longer‑term growth thesis. PR Newswire: Q4 Results
• Positive Sentiment: Several analysts remain constructive on MDB’s long-term story (AI positioning, Atlas cloud product) and some firms kept buy/overweight ratings despite lowering price targets, signaling that many sell‑side analysts view the pullback as valuation resetting. MarketBeat: Buying Opportunity
• Neutral Sentiment: Management will present at the Morgan Stanley TMT conference (Mar 4), which could provide fresh color on Atlas trends, sales cadence and the leadership transition. Investors may watch that for clarification. PR Newswire: Conference
• Neutral Sentiment: Some commentators and analysts say the market reaction may be overblown given the strong quarter and multi‑year growth drivers; that view could support a stabilization if management reassures investors. Seeking Alpha: Reaction Overblown
• Negative Sentiment: Guidance and Atlas growth outlook disappointed investors — management’s forward commentary and near‑term guidance were viewed as muted relative to expectations, which is the primary driver of the selloff. Reuters: Guidance Reaction
• Negative Sentiment: Unexpected executive departures (senior go‑to‑market leaders) increased uncertainty about near‑term sales execution and exacerbated the stock drop. Blockonomi: Exec Departures
• Negative Sentiment: Widespread analyst price‑target cuts and at least one downgrade have amplified selling pressure; expect further volatility as sell‑side models are reworked. Benzinga: PT Cuts Summary
• Negative Sentiment: Heavy trading volume and rapid price decline increase the chance of short‑term technical weakness and institutional selling, even if fundamentals remain intact. Investopedia: Market Reaction

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.