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

MongoDB (NASDAQ:MDB) had its price objective dropped by investment analysts at Cantor Fitzgerald from $454.00 to $378.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price points to a potential upside of 52.41% from the stock’s previous close.

A number of other research analysts have also recently commented on the company. Raymond James Financial assumed coverage on MongoDB in a report on Monday, December 15th. They issued a “market perform” rating on the stock. BMO Capital Markets reissued an “outperform” rating and issued a $340.00 target price on shares of MongoDB in a report on Tuesday. Wedbush upped their target price on shares of MongoDB from $400.00 to $440.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Citizens Jmp lifted their price target on shares of MongoDB from $435.00 to $475.00 and gave the company a “market outperform” rating in a report on Tuesday, December 2nd. Finally, 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 note on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, MongoDB has an average rating of “Moderate Buy” and an average price target of $353.12.

MongoDB Stock Performance

MDB opened at $248.01 on Tuesday. The stock has a market cap of $20.19 billion, a price-to-earnings ratio of -281.83 and a beta of 1.40. The firm’s fifty day moving average is $375.80 and its 200 day moving average is $351.28. MongoDB has a fifty-two week low of $140.78 and a fifty-two week high of $444.72.

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

Insider Buying and Selling at MongoDB

In related news, CAO Thomas Bull sold 555 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $4,463,066.24. This trade represents a 4.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Roelof Botha sold 24,850 shares of MongoDB stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the completion of the transaction, the director owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This represents a 11.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 57,354 shares of company stock valued at $23,474,994. Corporate insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On MongoDB

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

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus — revenue and EPS exceeded estimates and Atlas contributed ~72% of quarterly revenue, showing continued top-line strength and improving margins. This supports the long-term growth narrative for MongoDB. Article Title
• Positive Sentiment: Full-year FY27 guidance was framed as stronger than the quarter’s cautious Q1 guide — management expects FY27 revenue and EPS growth above consensus, which could support upside later in the year if execution matches commentary. Article Title
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference (transcript available) — useful for incremental color on go-to-market and AI strategy but not a market-moving surprise on its own. Article Title
• Neutral Sentiment: Analyst buy ratings remain in place at several firms (Guggenheim, Rosenblatt, Citi, others) despite cuts to price targets — indicates many sell-side shops still see upside versus the current depressed level, though timelines vary. Article Title
• Negative Sentiment: Weak near-term guidance and profit outlook sent shares sharply lower — the Q1 guidance and conservative short-term profit outlook were the immediate catalyst for a large sell-off as investors repriced growth/timing of AI-related revenue. Article Title
• Negative Sentiment: Executive departures (sales leadership changes) heightened uncertainty — management turnover amplified investor concern about near-term commercial execution. Coverage summarized at MarketBeat and Seeking Alpha. Article Title
• Negative Sentiment: Wide wave of analyst price-target cuts — numerous firms trimmed targets (UBS, Canaccord, Piper, Oppenheimer, Mizuho, others) which increases downward pressure and reduces conviction among short-term holders even where ratings were maintained. Representative coverage: Benzinga summaries of PT moves. Article Title
• Negative Sentiment: Downgrades/holding calls (e.g., Zacks moved to “hold”, Baird neutral) add to selling momentum from momentum traders and funds that track ratings/flows. Article Title

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.