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

MongoDB (NASDAQ:MDB) had its price target lowered by Stifel Nicolaus from $450.00 to $330.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 33.06% from the company’s current price.

Several other research firms have also issued reports on MDB. Piper Sandler reaffirmed an “overweight” rating and issued a $490.00 target price (up from $400.00) on shares of MongoDB in a report on Tuesday, December 2nd. Wedbush reduced their price objective on MongoDB from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday. Sanford C. Bernstein lowered MongoDB from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Cantor Fitzgerald lowered their target price on MongoDB from $454.00 to $378.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Canaccord Genuity Group increased their price target on shares of MongoDB from $375.00 to $455.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, MongoDB currently has an average rating of “Moderate Buy” and a consensus target price of $353.12.

MongoDB Price Performance

NASDAQ MDB opened at $248.01 on Tuesday. MongoDB has a 1 year low of $140.78 and a 1 year high of $444.72. The firm has a market cap of $20.19 billion, a price-to-earnings ratio of -281.83 and a beta of 1.40. The company has a fifty day moving average price of $375.80 and a 200-day moving average price of $351.28.

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

Insider Transactions at MongoDB

In related news, CAO Thomas Bull sold 555 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $413.86, for a total transaction of $229,692.30. Following the sale, the chief accounting officer directly owned 10,784 shares in the company, valued at approximately $4,463,066.24. This represents a 4.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Dwight A. Merriman sold 1,190 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 80,462 shares of the company’s stock, valued at approximately $29,750,824.50. This trade represents a 1.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 57,354 shares of company stock valued at $23,474,994. 3.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On MongoDB

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in MongoDB by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 8,985,697 shares of the company’s stock valued at $2,788,981,000 after buying an additional 431,382 shares in the last quarter. ValueAct Holdings L.P. boosted its position in shares of MongoDB by 206.8% in the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock valued at $657,447,000 after acquiring an additional 1,427,700 shares during the period. State Street Corp grew its stake 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 acquiring an additional 40,219 shares in the last quarter. Amundi increased its holdings in MongoDB by 61.3% during the 3rd quarter. Amundi now owns 1,483,396 shares of the company’s stock worth $477,550,000 after acquiring an additional 563,995 shares during the period. Finally, Geode Capital Management LLC increased its holdings in MongoDB by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 1,444,384 shares of the company’s stock worth $604,429,000 after acquiring an additional 9,693 shares during the period. Hedge funds and other institutional investors own 89.29% of the company’s stock.

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.