A share price of MongoDB Inc [MDB] is currently trading at $244.62, up 5.07%. 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 0.67% over the last week, with a monthly amount drifted -24.77%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MongoDB Inc [NASDAQ: MDB] stock has seen the most recent analyst activity on December 17, 2024, when Rosenblatt initiated its Buy rating and assigned the stock a price target of $350. Previously, Monness Crespi & Hardt downgraded its rating to Sell on December 16, 2024, and kept the price target unchanged to $220. On December 12, 2024, Macquarie initiated with a Neutral rating and assigned a price target of $300 on the stock. Guggenheim upgraded its rating to a Neutral. Loop Capital initiated its recommendation with a Buy and recommended $415 as its price target on April 23, 2024. Redburn Atlantic downgraded its rating to Sell for this stock on March 19, 2024, and downed its price target to $295. In a note dated March 08, 2024, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $405 to $430.
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 $350 within the next 12 months. MongoDB Inc [NASDAQ: MDB] shares were valued at $244.62 at the most recent close of the market. An investor can expect a potential return of 43.08% based on the average MDB price forecast.
Analyzing the MDB fundamentals
Trailing Twelve Months sales for MongoDB Inc [NASDAQ:MDB] were 1.92B which represents 22.28% growth. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.15 and Total Capital is -0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.77.
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 236.81 points at the first support level, and at 228.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 249.72, and for the 2nd resistance point, it is at 254.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MongoDB Inc [NASDAQ:MDB] is 1.64. Also, the Quick Ratio is 1.64, while the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 9.51, the price to book ratio is 12.12.
Transactions by insiders
Recent insider trading involved CEDRIC PECH, Officer, that happened on Jan 02 ’25 when 287.0 shares were purchased. Officer, Michael Lawrence Gordon completed a deal on Jan 02 ’25 to buy 1245.0 shares. Meanwhile, Officer Dev Ittycheria bought 2581.0 shares on Jan 02 ’25.