A share price of MongoDB Inc [MDB] is currently trading at $334.31, down -2.05%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MDB shares have gain 2.99% over the last week, with a monthly amount glided 21.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MongoDB Inc [NASDAQ: MDB] stock has seen the most recent analyst activity on June 03, 2024, when Guggenheim upgraded its rating to a Neutral. Previously, Loop Capital started tracking the stock with Buy rating on April 23, 2024, and set its price target to $415. On March 19, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $295 on the stock. DA Davidson upgraded its rating to a Buy and increased its price target to $430 on March 08, 2024. UBS downgraded its rating to a Neutral and reduced its price target to $410 on January 04, 2024. Wells Fargo started tracking with a Overweight rating for this stock on November 16, 2023, and assigned it a price target of $500. In a note dated November 08, 2023, CapitalOne upgraded an Overweight rating on this stock but restated the target price of $427.
MongoDB Inc experienced fluctuations in its stock price throughout the past year between $212.74 and $509.62. Currently, Wall Street analysts expect the stock to reach $338 within the next 12 months. MongoDB Inc [NASDAQ: MDB] shares were valued at $334.31 at the most recent close of the market. An investor can expect a potential return of 1.1% based on the average MDB price forecast.
Analyzing the MDB fundamentals
Trailing Twelve Months sales for MongoDB Inc [NASDAQ:MDB] were 1.82B which represents 12.82% growth. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.19 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.84.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 329.77 points at the first support level, and at 325.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 342.92, and for the 2nd resistance point, it is at 351.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MongoDB Inc [NASDAQ:MDB] is 4.85. Also, the Quick Ratio is 4.85, while the Cash Ratio stands at 2.39. Considering the valuation of this stock, the price to sales ratio is 13.57, the price to book ratio is 18.12.
Transactions by insiders
Recent insider trading involved MERRIMAN DWIGHT A, Director, that happened on Dec 02 ’24 when 3000.0 shares were sold. Director, MERRIMAN DWIGHT A completed a deal on Dec 02 ’24 to buy 3000.0 shares. Meanwhile, Director MERRIMAN DWIGHT A sold 2000.0 shares on Nov 25 ’24.
