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

MongoDB (NASDAQ:MDB) had its price target reduced by Oppenheimer from $425.00 to $375.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price target points to a potential upside of 15.38% from the company’s previous close.

Other equities analysts have also issued reports about the company. Scotiabank lowered their price target on MongoDB from $415.00 to $275.00 and set a “sector perform” rating on the stock in a research note on Tuesday. Needham & Company LLC decreased their price objective on MongoDB from $500.00 to $300.00 and set a “buy” rating on the stock in a report on Tuesday. Mizuho lowered their price objective on MongoDB from $380.00 to $290.00 and set a “neutral” rating on the stock in a research report on Tuesday. Citizens Jmp raised their target price on MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a research report on Tuesday, December 2nd. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $475.00 price target on shares of MongoDB in a research note on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $390.73.

MongoDB Trading Down 1.1%

Shares of MDB stock opened at $325.01 on Tuesday. The firm has a market capitalization of $26.45 billion, a P/E ratio of -373.57 and a beta of 1.40. MongoDB has a 1 year low of $140.78 and a 1 year high of $444.72. The firm’s fifty day simple moving average is $383.23 and its 200 day simple moving average is $351.77.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.18. The company had revenue of $695.07 million for the quarter, compared to analyst estimates of $669.40 million. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The business’s quarterly revenue was up 26.8% on a year-over-year basis. During the same period last year, the business posted $1.28 EPS. Equities research analysts anticipate that MongoDB will post -1.78 EPS for the current fiscal year.

Insider Activity

In related news, Director Roelof Botha sold 24,850 shares of MongoDB stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the completion of the transaction, the director directly owned 194,600 shares of the company’s stock, valued at $78,978,410. This trade represents a 11.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Dwight A. Merriman sold 1,190 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $369.75, for a total transaction of $440,002.50. Following the completion of the transaction, the director owned 80,462 shares in the company, valued at approximately $29,750,824.50. This trade represents a 1.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 57,354 shares of company stock worth $23,474,994 over the last 90 days. 3.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC grew its position in MongoDB by 1,220.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock worth $27,000 after acquiring an additional 61 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of MongoDB in the fourth quarter valued at $28,000. Huntington National Bank raised its holdings in shares of MongoDB by 110.9% in the third quarter. Huntington National Bank now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 51 shares during the last quarter. International Assets Investment Management LLC acquired a new position in MongoDB during the 4th quarter worth about $33,000. Finally, Montag A & Associates Inc. grew its holdings in MongoDB by 144.3% during the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock worth $36,000 after acquiring an additional 101 shares during the last quarter. 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 beat on both revenue and EPS with robust customer additions and Atlas growth, underpinning the company’s traction in cloud database adoption. MongoDB, Inc. Announces Fourth Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Analyst support remains: Rosenblatt reaffirmed a “buy” and a $425 price target, signaling some firms view the post-earnings sell-off as an overreaction. Benzinga
• Neutral Sentiment: Management outlined fiscal?2027 Atlas revenue growth of 21%–23% and said it will expand enterprise focus and AI integration — a roadmap that shows continued growth but may lack the acceleration investors wanted. MongoDB outlines 21%-23% Atlas revenue growth for fiscal 2027 while expanding enterprise focus and AI integration
• Neutral Sentiment: Earnings call highlights and the transcript emphasize strong revenue growth and record deal activity but note AI execution challenges and leadership transitions — useful context but mixed for near-term sentiment. MongoDB Inc (MDB) (Q4 2026) Earnings Call Highlights: Strong Revenue Growth and Record Deals …
• Negative Sentiment: After the release, the stock plunged on a weak near-term outlook (Q1/forward commentary) that disappointed investors expecting stronger guidance, triggering heavy selling. MongoDB Shares Plunge 24% on Weak Q1 Outlook and Executive Departures
• Negative Sentiment: Multiple outlets characterize the move as a crash driven by mixed guidance and an executive shakeup, amplifying investor concern about execution risk and near-term cadence. MongoDB crashes amid mixed guidance, executive shakeup

About MongoDB

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.