MongoDB initiated with Buy rating at Loop Capital
Seeking Alpha News (Tue, 23-Apr 8:05 AM ET)
MongoDB, Inc. to Host Investor Session at MongoDB.local NYC 2024
PRNewswire (Thu, 18-Apr 4:05 PM ET)
PRNewswire (Tue, 9-Apr 9:00 AM ET)
AlleyCorp Launches $1M Pitch Competition to Elevate Underrepresented Founders
Business Wire (Mon, 18-Mar 8:00 AM ET)
MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2024 Financial Results
PRNewswire (Thu, 7-Mar 4:05 PM ET)
MongoDB Expands Global Availability of MongoDB Atlas to Six Additional Cloud Regions
PRNewswire (Thu, 29-Feb 9:00 AM ET)
MongoDB, Inc. Announces Date of Fourth Quarter and Full Year Fiscal 2024 Earnings Call
PRNewswire (Wed, 21-Feb 4:05 PM ET)
PRNewswire (Thu, 8-Feb 11:00 AM ET)
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Mongodb - Class A trades on the NASDAQ stock market under the symbol MDB.
As of April 24, 2024, MDB stock price climbed to $369.29 with 1,069,936 million shares trading.
MDB has a beta of 2.03, meaning it tends to be more sensitive to market movements. MDB has a correlation of 0.23 to the broad based SPY ETF.
MDB has a market cap of $26.90 billion. This is considered a Large Cap stock.
Last quarter Mongodb - Class A reported $458 million in Revenue and $.86 earnings per share. This beat revenue expectation by $24 million and exceeded earnings estimates by $.39.
In the last 3 years, MDB stock traded as high as $590.00 and as low as $135.15.
The top ETF exchange traded funds that MDB belongs to (by Net Assets): VTI, VO, QQQ, VXF, VUG.
MDB has outperformed the market in the last year with a price return of +58.6% while the SPY ETF gained +24.2%. However, in the short term, MDB had mixed performance relative to the market. It has underperformed in the last 3 months, returning -10.2% vs +4.6% return in SPY. But in the last 2 weeks, MDB shares have fared better than the market returning +2.3% compared to SPY -2.7%.
MDB support price is $356.62 and resistance is $376.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MDB stock will trade within this expected range on the day.