MongoDB, Inc. Announces First Quarter Fiscal 2022 Financial Results

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MongoDB (MDB) PT Lowered to $300 at UBS

June 4, 2021 8:44 AM EDT

UBS analyst Karl Keirstead lowered the price target on MongoDB (NASDAQ: MDB) to $300.00 (from $325.00) while maintaining a Neutral rating.

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UPDATE: MongoDB (MDB) PT Raised to $300 at Mizuho Securities

June 4, 2021 6:27 AM EDT

(Updated - June 4, 2021 6:52 AM EDT)

Mizuho Securities analyst Matthew Broome raised the price target on MongoDB (NASDAQ: MDB) to $300.00 (from $265.00) while maintaining a Neutral rating.

The analyst commented, "MDB had a positive start to the year, with upside to revenue,... More

MongoDB (MDB) PT Raised to $415 at Needham & Company

June 4, 2021 6:21 AM EDT

Needham & Company analyst Jack Andrews raised the price target on MongoDB (NASDAQ: MDB) to $415.00 (from $409.00) while maintaining a Buy rating.

The analyst commented, "MDB reported strong 1QFY22 results as revenue was well ahead of consensus and the mid-point of guidance for FY22... More

MongoDB (MDB) Tops Q1 EPS by 21c, Revenues Beat; Guides

June 3, 2021 4:10 PM EDT

MongoDB (NASDAQ: MDB) reported Q1 EPS of ($0.15), $0.21 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $181.6 million versus the consensus estimate of $170 million.

"MongoDB delivered an excellent start to fiscal 2022, highlighted by 73% growth of Atlas. Five years ago this month we launched... More