MongoDB Stock Today

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Stock . MongoDB
MDB Stock  USD 216.79  3.28  1.49%   

Market Performance

5 of 100

Odds Of Distress

Less than 6

MongoDB is trading at 216.79 as of the 26th of March 2023, a -1.49 percent decrease since the beginning of the trading day. The stock's open price was 220.07. MongoDB has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for MongoDB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2023 and ending today, the 26th of March 2023. Click here to learn more.
CUSIP
60937P106
Fiscal Year End
January
Business Domain
Software & Services
IPO Date
19th of October 2017
Category
Technology
MongoDB, Inc. provides general purpose database platform worldwide. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York. Mongodb Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 70.04 M outstanding shares of which 3.83 M shares are now shorted by investors with about 1.79 days to cover. More on MongoDB

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MongoDB Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MongoDB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MongoDB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorDev Ittycheria
Fama & French Classification
Internet Services & Infrastructure
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Average Analyst Recommendation
Analysts covering MongoDB report their recommendations after researching MongoDB's financial statements, talking to executives and customers, or listening in on MongoDB's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering MongoDB. The MongoDB consensus assessment is calculated by taking the average forecast from all of the analysts covering MongoDB.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of MongoDB based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of MongoDB financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted61.3 M68.6 M
Fairly Down
Up
Slightly volatile
Weighted Average Shares61.3 M68.6 M
Fairly Down
Up
Slightly volatile
Net Cash Flow from Operations(14 M)(13 M)
Significantly Down
Up
Slightly volatile
Current Liabilities467.9 M588.5 M
Significantly Down
Up
Slightly volatile
Total Liabilities1.5 B1.8 B
Significantly Down
Up
Slightly volatile
Gross Margin0.80.728
Significantly Up
Up
Slightly volatile
Total Debt1.1 B1.2 B
Sufficiently Down
Up
Slightly volatile
Asset Turnover0.480.517
Significantly Down
Down
Slightly volatile
Current Assets2.4 B2.2 B
Significantly Up
Up
Slightly volatile
Total Assets2.8 B2.6 B
Significantly Up
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of MongoDB's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
MongoDB's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MongoDB's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MongoDB's financial leverage. It provides some insight into what part of MongoDB's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on MongoDB's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how MongoDB deploys its capital and how much of that capital is borrowed.
Liquidity
MongoDB cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.14 B in debt with debt to equity (D/E) ratio of 1.86, which is OK given its current industry classification. MongoDB has a current ratio of 3.94, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist MongoDB until it has trouble settling it off, either with new capital or with free cash flow. So, MongoDB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MongoDB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MongoDB to invest in growth at high rates of return. When we think about MongoDB's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(13.99 Million)
MongoDB (MDB) is traded on NASDAQ Exchange in USA. It is located in 1633 Broadway, New York, NY, United States, 10019 and employs 4,619 people. MongoDB is listed under Internet Services & Infrastructure category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 15.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MongoDB's market, we take the total number of its shares issued and multiply it by MongoDB's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MongoDB runs under IT Services sector within Information Technology industry. The entity has 70.04 M outstanding shares of which 3.83 M shares are now shorted by investors with about 1.79 days to cover. MongoDB has about 1.8 B in cash with (12.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.13.
Check MongoDB Probability Of Bankruptcy
Ownership
MongoDB holds a total of 70.04 Million outstanding shares. The majority of MongoDB outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in MongoDB to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in MongoDB. Please pay attention to any change in the institutional holdings of MongoDB as this could imply that something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check MongoDB Ownership Details

MongoDB Stock Price Odds Analysis

What are MongoDB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of MongoDB jumping above the current price in 90 days from now is about 26.06%. The MongoDB probability density function shows the probability of MongoDB stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.723. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MongoDB will likely underperform. Additionally, the company has an alpha of 0.2866, implying that it can generate a 0.29 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 216.79HorizonTargetOdds Above 216.79
73.78%90 days
 216.79 
26.06%
Based on a normal probability distribution, the odds of MongoDB to move above the current price in 90 days from now is about 26.06 (This MongoDB probability density function shows the probability of MongoDB Stock to fall within a particular range of prices over 90 days) .

MongoDB Stock Institutional Holders

Institutional Holdings refers to the ownership stake in MongoDB that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MongoDB's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MongoDB's value.
InstituionLast TransactionTypeSharesValue
Price T Rowe Associates Inc2022-12-31Common Shares6.7 M1.3 B
Vanguard Group Inc2022-12-31Common Shares6.3 M1.2 B
Fmr Llc2022-12-31Common Shares4.5 M888.9 M
Jpmorgan Chase Co2022-12-31Common Shares2.3 M456.1 M
Wellington Management Group Llp2022-12-31Common Shares2.3 M444.7 M
Franklin Resources Inc2022-12-31Common Shares2 M386.3 M
State Street Corp2022-12-31Common Shares1.4 M268.1 M
Voya Investment Management Llc2022-12-31Common Shares1.3 M249 M
Geode Capital Management Llc2022-12-31Common Shares931.7 K183.2 M
Renaissance Technologies Llc2022-12-31Common Shares918.2 K180.7 M
Norges Bank2022-12-31Common Shares750.5 K147.7 M
View MongoDB Diagnostics

MongoDB Historical Income Statement

MongoDB Income Statement is one of the three primary financial statements used for reporting MongoDB's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of MongoDB revenue and expense. MongoDB Income Statement primarily focuses on the company's revenues and expenses during a particular period.
MongoDB Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 233.54 Million. The current year Cost of Revenue is expected to grow to about 376.9 M, whereas Consolidated Income is forecasted to decline to (354.5 M). View More Fundamentals
Earning Before Interest and Taxes EBIT  Net Income  Revenues  

MongoDB Stock Against Markets

Picking the right benchmark for MongoDB stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MongoDB stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MongoDB is critical whether you are bullish or bearish towards MongoDB at a given time.
 Competition   Compare Correlations

Be your own money manager

Our tools can tell you how much better you can do entering a position in MongoDB without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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MongoDB Corporate Management

Elected by the shareholders, the MongoDB's board of directors comprises two types of representatives: MongoDB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MongoDB. The board's role is to monitor MongoDB's management team and ensure that shareholders' interests are well served. MongoDB's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MongoDB's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy MongoDB Stock?

Before investing in MongoDB, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MongoDB. To buy MongoDB stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of MongoDB. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase MongoDB stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located MongoDB stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased MongoDB stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MongoDB, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy MongoDB Stock please use our How to Invest in MongoDB guide.

Already Invested in MongoDB?

The danger of trading MongoDB is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MongoDB is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MongoDB. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MongoDB is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide. Note that the MongoDB information on this page should be used as a complementary analysis to other MongoDB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for MongoDB Stock analysis

When running MongoDB price analysis, check to measure MongoDB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MongoDB is operating at the current time. Most of MongoDB's value examination focuses on studying past and present price action to predict the probability of MongoDB's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MongoDB's price. Additionally, you may evaluate how the addition of MongoDB to your portfolios can decrease your overall portfolio volatility.
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Is MongoDB's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MongoDB. If investors know MongoDB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.96) 
Revenue Per Share
18.71
Quarterly Revenue Growth
0.356
Return On Assets
(0.09) 
Return On Equity
(0.49) 
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MongoDB's market value can be influenced by many factors that don't directly affect MongoDB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Buy or Sell
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Projections
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Please note, there is a significant difference between MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine MongoDB value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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