In the last trading session, 1.21 million shares of the MongoDB Inc (NASDAQ:MDB) were traded, and its beta was 1.43. Most recently the company’s share price was $198.66, and it changed around $1.18 or 0.60% from the last close, which brings the market valuation of the company to $16.13B. MDB currently trades at a discount to its 52-week high of $387.19, offering almost -94.9% off that amount. The share price’s 52-week low was $173.13, which indicates that the current value has risen by an impressive 12.85% since then. We note from MongoDB Inc’s average daily trading volume that its 10-day average is 2.13 million shares, with the 3-month average coming to 2.14 million.
MongoDB Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.71. If we narrow it down even further, the data shows that 2 out of 44 analysts rate the stock as a Sell; another 9 rate it as Overweight. Among the rest, 10 recommended MDB as a Hold, whereas 22 deemed it a Buy, and 1 rated it as Underweight. MongoDB Inc is expected to report earnings per share of 0.66 for the current quarter.
MongoDB Inc (NASDAQ:MDB) trade information
Instantly MDB has showed a green trend with a performance of 0.60% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 202.90 on recent trading dayincreased the stock’s daily price by 2.09%. The company’s shares are currently down -14.67% year-to-date, but still up 5.29% over the last five days. On the other hand, MongoDB Inc (NASDAQ:MDB) is -25.62% down in the 30-day period. We can see from the shorts that 1.65 million shares have been sold at a short interest cover period of 1.12 day(s).
The consensus price target as assigned by Wall Street analysts is $347, which translates to bulls needing to increase their stock price by 42.75% from its current value. Analyst projections state that MDB is forecast to be at a low of $225 and a high of $400.
MongoDB Inc (MDB) estimates and forecasts
The year-over-year growth rate is expected to be 13.65%, up from the previous year.
Consensus estimates provided by 29 financial analysts predict the company will bring in an average of 527.73M in revenue for the current quarter. 28 analysts expect MongoDB Inc to make 549.71M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 450.56M and 478.11M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 17.13%. Forecasts for the next quarter put sales growth at 14.98%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.21%. MongoDB Inc earnings are expected to increase by -28.55% in 2025, but the outlook is positive 8.67% per year for the next five years.
MDB Dividends
MongoDB Inc’s next quarterly earnings report is expected to be released on 2025-Mar-04.
MongoDB Inc (NASDAQ:MDB)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.95% of MongoDB Inc shares, and 85.87% of them are in the hands of institutional investors. The stock currently has a share float of 88.48%. MongoDB Inc stock is held by 1072.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.7133% of the shares, which is about 7.09 million shares worth $1.77 billion.
BLACKROCK INC., with 8.3218% or 6.12 million shares worth $1.53 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Invesco QQQ Trust, Series 1 were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.19 shares worth $435.59 million, making up 2.94% of all outstanding shares. On the other hand, Invesco QQQ Trust, Series 1 held roughly 1.52 shares worth around $301.24 million, which represents about 2.04% of the total shares outstanding.
