Investment Analysts’ Recent Ratings Changes for MongoDB (MDB)

MongoDB (NASDAQ: MDB) recently received a number of ratings updates from brokerages and research firms:

• 8/12/2026 – MongoDB had its price target raised by Oppenheimer Holdings, Inc. from $410.00 to $475.00. They now have an “outperform” rating on the stock.
• 8/11/2026 – MongoDB had its price target raised by Citigroup Inc. from $455.00 to $545.00. They now have a “buy” rating on the stock.
• 7/26/2026 – MongoDB was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/24/2026 – MongoDB had its “sell (e+)” rating reaffirmed by Weiss Ratings.
• 7/18/2026 – MongoDB was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/10/2026 – MongoDB had its price target raised by Needham & Company LLC from $400.00 to $430.00. They now have a “buy” rating on the stock.
• 7/9/2026 – MongoDB had its price target raised by Truist Financial Corporation from $375.00 to $400.00. They now have a “buy” rating on the stock.
• 7/8/2026 – MongoDB is now covered by KGI Securities. They set an “outperform” rating and a $470.00 price target on the stock.
• 7/8/2026 – MongoDB was upgraded by KGI Securities to “strong-buy”.

Insider Buying and Selling

In other news, CFO Michael J. Berry sold 5,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $356.63, for a total value of $1,783,150.00. Following the completion of the sale, the chief financial officer directly owned 1,500 shares in the company, valued at $534,945. This represents a 76.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Hope F. Cochran sold 1,566 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $344.05, for a total transaction of $538,782.30. Following the completion of the sale, the director owned 25,444 shares of the company’s stock, valued at $8,754,008.20. This trade represents a 5.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 125,746 shares of company stock worth $46,763,418 in the last ninety days. Company insiders own 2.60% of the company’s stock.

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.