MongoDB (MDB) Soars on Narrower Q2 Loss, Firms Raise PTs on Accelerating Sales and Atlas Growth
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MongoDB (MDB) PT Raised to $534 at Needham & Company
September 3, 2021 7:07 AM EDTNeedham & 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 $450 at UBS
September 3, 2021 6:25 AM EDTUBS analyst Karl Keirstead raised the price target on MongoDB (NASDAQ: MDB) to $450.00 (from $300.00) while maintaining a Neutral rating.... More
MongoDB (MDB) PT Raised to $410 at Mizuho Securities
September 3, 2021 6:20 AM EDTMizuho 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) PT Raised to $526 at Citi
September 3, 2021 5:55 AM EDTCiti analyst Tyler Radke raised the price target on MongoDB (NASDAQ: MDB) to $526.00 (from $450.00) while maintaining a Buy rating.... More
MongoDB (MDB) PT Raised to $470 at Oppenheimer
September 3, 2021 5:49 AM EDTOppenheimer analyst Ittai Kidron raised the price target on MongoDB (NASDAQ: MDB) to $470.00 (from $400.00) while maintaining a Outperform rating.... More
MongoDB (MDB) PT Raised to $505 at Barclays
September 3, 2021 4:16 AM EDTBarclays analyst Raimo Lenschow raised the price target on MongoDB (NASDAQ: MDB) to $505.00 (from $420.00) while maintaining a Overweight rating.... More
UPDATE: MongoDB (MDB) PT Raised to $480 at Morgan Stanley as Nosebleed Growth Levels Sustain
September 3, 2021 3:21 AM EDT(Updated - September 3, 2021 6:34 AM EDT)
Morgan Stanley analyst Sanjit Singh raised the price target on MongoDB (NASDAQ: MDB) to $480.00 (from $410.00) after the company reported accelerations in total revenue growth to 44% and in Atlas growth to 83% underscoring the company's \status as the... More
MongoDB (MDB) Shares Up 12% Following Strong Q2 Beat
September 2, 2021 5:49 PM EDTMongoDB (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
