MongoDB Just Beat Expectations: Why Am I Still Not Buying More?
After two weak quarters, MongoDB delivered strong Q1 results.
Ticker |
MDB
|
CIK | 0001441816 |
SIC | 7372 |
Sector | Services |
Industry Category | Computer Software |
Industry Group | Services – Computer Programming And Data Processing |
Address | 1633 BROADWAY, 38TH FLOOR, NEW YORK, NY, 10019 |
Website | mongodb.com |
Phone | 866-237-8815 |
CEO | Dev C. Ittycheria |
Employees | 3,540 |
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MongoDB Just Beat Expectations: Why Am I Still Not Buying More?After two weak quarters, MongoDB delivered strong Q1 results. Macquarie Raises MongoDB (MDB) PT, Maintains Neutral RatingMongoDB, Inc. (NASDAQ:MDB) is one of the 10 tech stocks on Wall Street’s radar right now. Macquarie increased its price target on MongoDB, Inc. (NASDAQ:MDB) to $230 from $215 and maintained a Neutral rating on June 6. The firm noted that the company’s strong first-quarter performance helped ease concerns after last quarter’s weak full-year revenue […] MongoDB price target raised to $230 from $215 at MacquarieMacquarie raised the firm’s price target on MongoDB (MDB) to $230 from $215 and keeps a Neutral rating on the shares. MongoDB’s “solid” Q1 comes as a relief after disappointing initial FY26 revenue and margin guidance provided last quarter, the analyst tells investors in a research note. The firm sees upside and downside risks as balanced. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks Why MongoDB Rallied This WeekMongoDB's first-quarter report and forward guidance impressed Wall Street. MongoDB could be a delayed AI winner. Shares of database disruptor MongoDB (NASDAQ: MDB) rallied 17.7% this week through Friday as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence. Salesforce initiated, Dollar Tree upgraded: Wall Street’s top analyst callsThe most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: JPMorgan upgraded Dollar Tree (DLTR) to Overweight from Neutral with a price target of $111, up from $72, following the post-earnings selloff. The company’s Q1 same-store sales came in above consensus with balanced ticket and traffic composition, the firm tells investors in a research note. Monness Cre |