Sanford C. Bernstein Issues Pessimistic Forecast for MongoDB (NASDAQ:MDB) Stock Price

MongoDB (NASDAQ:MDB) had its price target cut by Sanford C. Bernstein from $452.00 to $428.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 72.57% from the stock’s previous close.

Several other brokerages have also issued reports on MDB. UBS Group boosted their target price on MongoDB from $330.00 to $440.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Robert W. Baird boosted their price objective on MongoDB from $335.00 to $500.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Canaccord Genuity Group increased their target price on MongoDB from $375.00 to $455.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Finally, Morgan Stanley boosted their target price on shares of MongoDB from $400.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $353.12.

MongoDB Stock Down 1.9%

MDB stock opened at $248.01 on Tuesday. MongoDB has a twelve month low of $140.78 and a twelve month high of $444.72. The stock has a market capitalization of $20.19 billion, a price-to-earnings ratio of -281.83 and a beta of 1.40. The firm’s fifty day simple moving average is $375.80 and its two-hundred day simple moving average is $351.28.

MongoDB (NASDAQ:MDB) last released its earnings results on Monday, March 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.18. The firm had revenue of $695.07 million during the quarter, compared to analyst estimates of $669.40 million. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The business’s revenue was up 26.8% on a year-over-year basis. During the same quarter last year, the business earned $1.28 EPS. As a group, equities research analysts expect that MongoDB will post -1.78 EPS for the current year.

Insider Buying and Selling

In other news, CAO Thomas Bull sold 555 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $413.86, for a total value of $229,692.30. Following the completion of the transaction, the chief accounting officer directly owned 10,784 shares of the company’s stock, valued at approximately $4,463,066.24. The trade was a 4.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Roelof Botha sold 24,850 shares of the company’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the sale, the director owned 194,600 shares of the company’s stock, valued at $78,978,410. This trade represents a 11.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 57,354 shares of company stock worth $23,474,994 in the last three months. Corporate insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MDB. Integrated Wealth Concepts LLC boosted its stake in MongoDB by 31.6% in the first quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock valued at $239,000 after acquiring an additional 327 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of MongoDB by 55.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock valued at $743,000 after purchasing an additional 1,504 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of MongoDB during the 2nd quarter valued at $329,000. AlphaQuest LLC boosted its position in shares of MongoDB by 257.1% in the 2nd quarter. AlphaQuest LLC now owns 650 shares of the company’s stock worth $136,000 after purchasing an additional 468 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in MongoDB during the 2nd quarter worth $499,000. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus — revenue and EPS exceeded estimates and Atlas contributed ~72% of quarterly revenue, showing continued top-line strength and improving margins. This supports the long-term growth narrative for MongoDB. Article Title
• Positive Sentiment: Full-year FY27 guidance was framed as stronger than the quarter’s cautious Q1 guide — management expects FY27 revenue and EPS growth above consensus, which could support upside later in the year if execution matches commentary. Article Title
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference (transcript available) — useful for incremental color on go-to-market and AI strategy but not a market-moving surprise on its own. Article Title
• Neutral Sentiment: Analyst buy ratings remain in place at several firms (Guggenheim, Rosenblatt, Citi, others) despite cuts to price targets — indicates many sell-side shops still see upside versus the current depressed level, though timelines vary. Article Title
• Negative Sentiment: Weak near-term guidance and profit outlook sent shares sharply lower — the Q1 guidance and conservative short-term profit outlook were the immediate catalyst for a large sell-off as investors repriced growth/timing of AI-related revenue. Article Title
• Negative Sentiment: Executive departures (sales leadership changes) heightened uncertainty — management turnover amplified investor concern about near-term commercial execution. Coverage summarized at MarketBeat and Seeking Alpha. Article Title
• Negative Sentiment: Wide wave of analyst price-target cuts — numerous firms trimmed targets (UBS, Canaccord, Piper, Oppenheimer, Mizuho, others) which increases downward pressure and reduces conviction among short-term holders even where ratings were maintained. Representative coverage: Benzinga summaries of PT moves. Article Title
• Negative Sentiment: Downgrades/holding calls (e.g., Zacks moved to “hold”, Baird neutral) add to selling momentum from momentum traders and funds that track ratings/flows. Article Title

MongoDB Company Profile

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.