Analysts’ expectations for MongoDB Inc (MDB) stock: $350 price target in 12 months

MongoDB Inc [MDB] stock prices are up 3.06% to $286.36 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MDB shares have gain 6.52% over the last week, with a monthly amount glided 15.15%, 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 January 21, 2025, when China Renaissance initiated its Buy rating and assigned the stock a price target of $351. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on January 17, 2025, and set its price target to $344. On January 06, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $300 on the stock. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $350 on December 17, 2024. Monness Crespi & Hardt downgraded its rating to a Sell but $220 remained the price target by the analyst firm on December 16, 2024. Macquarie started tracking with a Neutral rating for this stock on December 12, 2024, and assigned it a price target of $300. In a note dated June 03, 2024, Guggenheim upgraded an Neutral rating on this stock.

The stock price of MongoDB Inc [MDB] has been fluctuating between $212.74 and $509.62 over the past year. Currently, Wall Street analysts expect the stock to reach $350 within the next 12 months. MongoDB Inc [NASDAQ: MDB] shares were valued at $286.36 at the most recent close of the market. An investor can expect a potential return of 22.22% based on the average MDB price forecast.

Analyzing the MDB fundamentals

The MongoDB Inc [NASDAQ:MDB] reported sales of 1.92B for trailing twelve months, representing a surge of 22.28%. 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 281.94 points at the first support level, and at 277.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 289.66, and for the 2nd resistance point, it is at 292.96.

Ratios To Look Out For

It’s worth pointing out that MongoDB Inc [NASDAQ:MDB]’s Current Ratio is 1.64. On the other hand, the Quick Ratio is 1.64, and the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 11.13, the price to book ratio is 14.18.

Transactions by insiders

Recent insider trading involved MERRIMAN DWIGHT A, Director, that happened on Feb 10 ’25 when 1000.0 shares were purchased. Director, MERRIMAN DWIGHT A completed a deal on Feb 07 ’25 to buy 922.0 shares. Meanwhile, Director MERRIMAN DWIGHT A sold 3000.0 shares on Feb 03 ’25.

Related Posts