MongoDB (NASDAQ:MDB) Stock Price Down 5.2% – Here’s Why

21 Jul 2026, 19:40 by Michael Walen · The Markets Daily

Shares of MongoDB, Inc. (NASDAQ:MDB – Get Free Report) traded down 5.2% during trading on Tuesday . The company traded as low as $306.22 and last traded at $306.4270. 933,882 shares were traded during trading, a decline of 52% from the average session volume of 1,941,489 shares. The stock had previously closed at $323.36.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Mizuho raised their price objective on shares of MongoDB from $325.00 to $400.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Rosenblatt Securities reaffirmed a “buy” rating and set a $385.00 target price on shares of MongoDB in a research note on Tuesday, May 26th. Royal Bank Of Canada reiterated an “outperform” rating and set a $395.00 price objective on shares of MongoDB in a report on Tuesday, May 19th. Zacks Research raised shares of MongoDB from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Citigroup reiterated a “buy” rating on shares of MongoDB in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, MongoDB has a consensus rating of “Moderate Buy” and a consensus price target of $405.35.

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MongoDB Stock Down 5.0%

The firm has a 50-day moving average of $337.09 and a 200 day moving average of $322.70. The stock has a market capitalization of $24.70 billion, a P/E ratio of -827.94, a PEG ratio of 1,126.44 and a beta of 1.55.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.13. MongoDB had a negative net margin of 1.12% and a negative return on equity of 1.39%. The firm had revenue of $687.62 million during the quarter, compared to analyst estimates of $664.53 million. During the same quarter in the prior year, the business posted $1.00 earnings per share. The company’s quarterly revenue was up 25.2% compared to the same quarter last year. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. Analysts predict that MongoDB, Inc. will post 0.02 EPS for the current fiscal year.

Insider Activity

In other MongoDB news, Director Roelof Botha sold 44,050 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $398.07, for a total transaction of $17,534,983.50. Following the sale, the director directly owned 150,550 shares of the company’s stock, valued at approximately $59,929,438.50. This represents a 22.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dwight A. Merriman sold 10,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $297.99, for a total value of $2,979,900.00. Following the sale, the director owned 993,316 shares in the company, valued at approximately $295,998,234.84. This trade represents a 1.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 127,746 shares of company stock worth $47,343,538 over the last ninety days. Corporate insiders own 2.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. ValueAct Holdings L.P. lifted its stake in MongoDB by 206.8% in the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock valued at $657,447,000 after buying an additional 1,427,700 shares during the period. State Street Corp boosted its stake in MongoDB by 2.3% in the 4th quarter. State Street Corp now owns 1,796,847 shares of the company’s stock worth $754,119,000 after purchasing an additional 40,219 shares during the period. Amundi raised its position in MongoDB by 61.3% in the 3rd quarter. Amundi now owns 1,483,396 shares of the company’s stock valued at $477,550,000 after buying an additional 563,995 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of MongoDB by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 1,444,384 shares of the company’s stock worth $604,429,000 after purchasing an additional 9,693 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of MongoDB during the 4th quarter worth about $574,821,000. Institutional investors and hedge funds own 89.29% of the company’s stock.

About MongoDB

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MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.