Is MongoDB Inc (NASDAQ: MDB) Proving The Doubters Wrong?

MongoDB Inc (MDB) concluded trading on Thursday at a closing price of $192.98, with 14.18 million shares of worth about $2.74 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -31.86% during that period and on March 06, 2025 the price saw a loss of about -26.94%. Currently the company’s common shares owned by public are about 80.47M shares, out of which, 71.83M shares are available for trading.

Stock saw a price change of -26.46% in past 5 days and over the past one month there was a price change of -30.07%. Year-to-date (YTD), MDB shares are showing a performance of -17.11% which decreased to -56.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $212.74 but also hit the highest price of $424.00 during that period. The average intraday trading volume for MongoDB Inc shares is 2.07 million. The stock is currently trading -29.26% below its 20-day simple moving average (SMA20), while that difference is down -26.26% for SMA50 and it goes to -28.34% lower than SMA200.

MongoDB Inc (NASDAQ: MDB) currently have 80.47M outstanding shares and institutions hold larger chunk of about 88.60% of that.

The stock has a current market capitalization of $14.37B and its 3Y-monthly beta is at 1.35. It has posted earnings per share of -$1.79 in the same period. It has Quick Ratio of 1.64 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MDB, volatility over the week remained 6.55% while standing at 4.90% over the month.

Stock’s fiscal year EPS is expected to drop by -25.98% while it is estimated to increase by 28.39% in next year. EPS is likely to shrink at an annualized rate of 7.89% for next 5-years, compared to annual growth of 11.21% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on Mar-07-25 offering an Equal weight rating for the stock and assigned a target price range of between $365 and $225 to it. On January 21, 2025, China Renaissance Initiated their recommendations, while on January 17, 2025, Cantor Fitzgerald Initiated their ratings for the stock with a price target of $344. Stock get a Buy rating from Guggenheim on January 06, 2025.

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