Form 8-K MongoDB, Inc. For: Dec 06

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Go back to Form 8-K MongoDB, Inc. For: Dec 06

MongoDB (MDB) PT Lowered to $225 at Needham & Company

December 7, 2022 6:43 AM EST

Needham & Company analyst Mike Cikos lowered the price target on MongoDB (NASDAQ: MDB) to $225.00 (from $330.00) while maintaining a Buy rating following earnings.

The analyst commented, "MongoDB delivered a solid quarter, materially outperforming estimates and investor sentiment into the print. Management's tone also... More

MongoDB (MDB) shares surge after topping analyst expectations

December 6, 2022 4:21 PM EST

MongoDB (NASDAQ: MDB) shares rocketed Tuesday in extended trading after the company reported third-quarter earnings exceeding analyst consensus expectations.

The software firm's share price is currently up more than 21% after closing the regular session down 2.7%.

It reported earnings of $0.23 per share, $0.40 above... More