This summary was created by AI, based on 3 opinions in the last 12 months.
MongoDB, Inc. (MDB-Q) is viewed with mixed opinions by analysts. One expert notes a favorable 12-month price target of $322, indicating potential growth since the current price is at $280, suggesting there is still room for appreciation. Another analyst highlights the positive turnaround of enterprise software companies, referencing that CRM's strong performance last year could bode well for MDB-Q after its upcoming report. However, another analyst expresses caution, suggesting that the data preparation segment where MongoDB operates has become crowded, leading to stagnation since the summer. They recommend looking at IBM as a potential alternative. Overall, the outlook on MongoDB reflects optimism tempered by market conditions and competition.
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.
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.
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.
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.
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
In the last year, 2 stock analysts published opinions about MDB-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for MongoDB, Inc. .
MongoDB, Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for MongoDB, Inc. .
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.
2 stock analysts on Stockchase covered MongoDB, Inc. In the last year. It is a trending stock that is worth watching.
On 2025-04-02, MongoDB, Inc. (MDB-Q) stock closed at a price of $180.19.
A 12-month price target of $322, now at $280, so still a decent runway. Visualization of AI. Works closely with CSCO and DELL.