MongoDB, Inc. (NASDAQ:MDB) Maintains Neutral Ratin…
From Financial Modeling Prep: 2025-06-06 16:04:00
MongoDB, Inc. (NASDAQ:MDB) is a top provider of database solutions, offering an open-source platform for various applications. Macquarie maintained a Neutral rating on MongoDB on June 6, 2025, with a price target of $230. The company’s stock price was $226.80 at that time, showing cautious optimism for future performance.
Following strong first-quarter earnings, MongoDB’s stock surged as analysts raised price targets. The company reported a 4.75% sequential increase and a 16% year-over-year growth in client acquisitions. Despite mixed analyst responses, the consensus predicts a 25% upside with positive sentiment overall, including a Buy upgrade from Mone.
Currently trading at $222.13, MongoDB saw a 1.44% decrease with fluctuations between $220.95 and $234. Over the past year, the stock reached highs of $370 and lows of $140.78. With a market capitalization of around $18.15 billion and active investor interest, MongoDB remains a key player in the database solutions market.
Read more at Financial Modeling Prep:: MongoDB, Inc. (NASDAQ:MDB) Maintains Neutral Ratin…