Key Details
Price
$243.03Annual ROE
-19.53%Beta
1.87Events Calendar
Next earnings date:
Mar 07, 2025Recent quarterly earnings:
Dec 09, 2024Recent annual earnings:
Mar 07, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
These top-quality stocks are set to rise significantly in 2025.
In 2024, the U.S. stock market had an impressive year, with the S&P 500 index hitting a record closing value of 6,090.27 on December 6.
MongoDB, Inc. (NASDAQ:MDB) will be participating in the Barclays 22nd Annual Global Technology Conference on December 11, 2024, at 12:15 PM ET. The company representatives include Dev Ittycheria, the President and CEO, and Michael Gordon, the COO and CFO. Raimo Lenschow from Barclays will be hosting this segment and is pleased to welcome both of them.
On Wednesday, shares of MongoDB, Inc. (MDB) saw a slight increase. This comes after a nearly 17% drop in value on Tuesday.
After the release of its FQ3 results, MongoDB's NASDAQ: MDB share price fell, creating a chance for investors to buy at a lower price. This decline wasn't due to a business slowdown, poor growth, or weak results, but was instead triggered by the resignation of long-time CFO Michael Gordon.
On Tuesday, shares of MongoDB Inc (MDB) fell, even though the company announced positive results for the third quarter.
The advanced database software company MongoDB (MDB -14.57%) experienced a tough day in the market on Tuesday. By 11:45 a.m., its stock had dropped by 13.9%.
MongoDB Inc (NASDAQ:MDB) shares recently dropped by 10.3% to $314.10, despite the company reporting stronger-than-expected results for the third quarter and an optimistic revenue outlook for the year. This decline comes after a rise in premarket trading.
MongoDB reported impressive results for the third quarter, thanks to better usage patterns in its Atlas cloud database. Revenue growth increased by 9 percentage points to 22% year-over-year, bringing MongoDB back into the "Rule of 40" range. I am raising MongoDB's rating to neutral, but it's important to be cautious about the decline in new customer acquisitions and the company's high valuation at around 11 times its expected revenue.
MongoDB (MDB) initially saw a rise in its stock price after the earnings report, but then it dropped. Alex Coffey believes that the change in leadership was more significant than the financial results, which affected the stock's performance.
FAQ
- What is the primary business of MongoDB?
- What is the ticker symbol for MongoDB?
- Does MongoDB pay dividends?
- What sector is MongoDB in?
- What industry is MongoDB in?
- What country is MongoDB based in?
- When did MongoDB go public?
- Is MongoDB in the S&P 500?
- Is MongoDB in the NASDAQ 100?
- Is MongoDB in the Dow Jones?
- When was MongoDB's last earnings report?
- When does MongoDB report earnings?
- Should I buy MongoDB stock now?