MongoDB (MDB) Tops Q2 EPS by 15c

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MongoDB (MDB) PT Raised to $534 at Needham & Company

September 3, 2021 7:07 AM EDT

Needham & Company analyst Jack Andrews raised the price target on MongoDB (NASDAQ: MDB) to $534.00 (from $415.00) while maintaining a Buy rating.

The analyst commented, "MDB reported very strong 2QFY22 results as revenue was well ahead of consensus and the mid-point of FY22 guidance was raised... More

MongoDB (MDB) PT Raised to $410 at Mizuho Securities

September 3, 2021 6:20 AM EDT

Mizuho Securities analyst Matthew Broome raised the price target on MongoDB (NASDAQ: MDB) to $410.00 (from $350.00) while maintaining a Neutral rating following earnings.

The analyst commented, "MDB reported very strong F2Q earnings yesterday after the close, comfortably beating our (and the Street's) revenue... More

MongoDB (MDB) Shares Up 12% Following Strong Q2 Beat

September 2, 2021 5:49 PM EDT

MongoDB (NASDAQ: MDB) shares surged 12% after-hours following the companys reported strong Q2 results, with EPS of ($0.24), coming in better than the consensus estimate of ($0.39). Quarterly revenue grew 44% year-over-year to $198.7 million (vs. consensus estimate of $184.2 million), with subscription revenue of $191.4 million, representing an increase of 44%... More