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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

According to the experts, MongoDB, Inc. (MDB-Q) is a strong enterprise software company that has shown significant growth potential. The stock recently signed a deal with Amazon and has the potential to reach a 25% upside target. Despite a sell-off in late 2020, the stock has shown strong recovery and is considered safe to buy in weakness. The company's focus on generative AI has led to strong profit growth, and the street predicts it will become the King of the Cloud. Overall, it is a company with great potential and a strong track record of growth and profitability.

Consensus
Positive
Valuation
Fair Value
BUY ON WEAKNESS
MongoDB, Inc.
Technical analysis by Dan Fitzpatrick

Like Nvidia and Supermicro, this has a lot more room to run. They just signed a deal with Amazon. Their growth warrants a 25% upside target. From July till recently, this stock was sideways. Now, it's hitting resistance from $435-440, but if it breaks above that it will hit $545-550. Last December, shares were clobbered by a sell-off at high volumes, but this decline has run its course as share return to before that sell-off. Buy this on pullbacks. Last week, it tested its floor of support (50-day moving average) but that happened in low volumes. Volume is key -- when a stock trades sideways at light volumes, it means institutional support. Otherwise, it would be hit harder at higher volumes on bad days. Last Friday, this stock broke out, indicating that this stock is safe to buy in weakness. Also, there's another month before it reports, so there's plenty of time for the stock to consolidate before institutions find a catalyst to buy more.  Run by a great CEO, but his lone concern is that this had such a strong run in the first half of 2023. Maybe it has digested its gains and is ready for another run.

Technology
BUY
MongoDB, Inc.

It's one of the best enterprise software companies. They pivoted and are making money.

Technology
RISKY
MongoDB, Inc.

It has more than tripled though remains down over 30% from its late-2020 peak. Generative AI is a huge boost for them which is why shares have caught fire. Last year they turned a profit and this year their profits should double. The valuation is huge, but the street predicts it will become the King of the Cloud.

Technology
WATCH
MongoDB, Inc.
It reports Monday. Unfortunately, it reports on the heels of Omicron and we'll learn more about soon. It got hit hard like so much tech today as money manager dump risky stocks. Unfortunately, it reports on the heels of Omicron.
Technology
BUY
MongoDB, Inc.
Technical analysis: The chart shows it's poised to catch up with the sector and show upwards performance on its own. Also see his thoughts on XLK and the 10-year yield this day.
Technology
COMMENT
MongoDB, Inc.

A cloud company that does database management, beloved by app developers. It's soared 10x since its IPO less than four years ago, including a 173% run in 2020. This (and cloud stocks) peaked earlier this year at $428 in February then plunged to $238 in its May lows. Since then, it's roared back to $390 and now $350 today. It's volatile. At the end of June, it lost some momentum with a secondary offering. The stock is down 2% YTD. It's growing 32% annually, but is pricey at 30x this year's PE estimates. (Snowflake is at 70s, though.) He's conflicted.

Technology
DON'T BUY
MongoDB, Inc.
He does not own it today. There is a lot of competition in the space of helping companies upgrade software for data management. They decided to stay out as a result.
Technology
PARTIAL BUY
MongoDB, Inc.

Hold your winners, and trim if a position grows too large in a portfolio. MDB is in a hot area in tech. Traditional enterprises are struggling with how to make use of cloud computing; it's a complicated issue with the big question being, what do you do with databases? Oracle has long been dominant here, but many companies feel trapped in their relationship with Oracle. MDB arrives from a different direction--open-sourced that allows users the flexibility to move that data. That said, MDB is a complicated sale; it's lumpy and chunky. It's a volatile stock, and he'd own only a small holding.

Technology
DON'T BUY
MongoDB, Inc.
Sold it in January to buy more ETFs. This has had a fantastic run but is not expensive. He has a $107 price target, just 10% higher than today's close.
Technology
BUY ON WEAKNESS
MongoDB, Inc.
Great growth rates, supplying networking software. Has done gangbusters in recent years. Sold it in Q4, but still follows it. $60 price target. Very expensive now. Wants to buy it, but at lower levels.
Technology
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MongoDB, Inc. (MDB-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for MongoDB, Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

MongoDB, Inc. (MDB-Q) Frequently Asked Questions

What is MongoDB, Inc. stock symbol?

MongoDB, Inc. is a American stock, trading under the symbol MDB-Q on the NASDAQ (MDB). It is usually referred to as NASDAQ:MDB or MDB-Q

Is MongoDB, Inc. a buy or a sell?

In the last year, 3 stock analysts published opinions about MDB-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for MongoDB, Inc. .

Is MongoDB, Inc. a good investment or a top pick?

MongoDB, Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for MongoDB, Inc. .

Why is MongoDB, Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is MongoDB, Inc. worth watching?

3 stock analysts on Stockchase covered MongoDB, Inc. In the last year. It is a trending stock that is worth watching.

What is MongoDB, Inc. stock price?

On 2024-02-23, MongoDB, Inc. (MDB-Q) stock closed at a price of $451.15.