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MongoDB (MDB) to Report Q1 Earnings: What's in the Offing?
zacks.com· 2024-05-28 15:56
Product innovation has been a key focus, with new features like MongoDB Atlas Vector Search simplifying the integration of generative AI and semantic search capabilities into real-time applications. This innovation is likely to have resonated with customers, driving satisfaction, engagement and potentially higher retention rates. MongoDB's global reach has been expanding, with the availability of Atlas in 117 cloud regions across Alphabet (GOOGL) -owned Google Cloud, Amazon's (AMZN) cloud division, Amazon W ...
Insights Into MongoDB (MDB) Q1: Wall Street Projections for Key Metrics
zacks.com· 2024-05-24 14:23
Analysts on Wall Street project that MongoDB (MDB) will announce quarterly earnings of $0.38 per share in its forthcoming report, representing a decline of 32.1% year over year. Revenues are projected to reach $438.44 million, increasing 19.1% from the same quarter last year. Analysts' assessment points toward 'Revenue- Subscription - MongoDB Atlas-related' reaching $312.08 million. The estimate indicates a year-over-year change of +31.3%. Based on the collective assessment of analysts, 'Revenue- Subscripti ...
MongoDB Furthers Commitment to Security and Compliance with New Industry Certifications
prnewswire.com· 2024-05-23 13:00
Four new independently vetted certifications empower organizations with unique regulatory requirements to confidently adopt and run MongoDB Atlas NEW YORK, May 23, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced MongoDB Atlas's compliance with four additional security certifications—ISO 9001, TISAX, HDS, and TX-RAMP— which further MongoDB's commitment to safeguarding enterprise and public sector customer data. These latest certifications build upon MongoDB's strong portfolio of compliance r ...
MDB Capital Holdings Unveils Unified Corporate Branding
globenewswire.com· 2024-05-22 13:15
About MDB Capital Holdings, LLC Founded in 1997, MDB Capital focuses on launching "Big Ideas" into valuable public companies with a better approach to public venture capital. This approach involves community-driven financings of pre-revenue, early- stage deep technology companies through early public offerings, primarily listed on NASDAQ, as well as post- IPO offerings for already public companies that fit MDB's overall criteria for investment. MDB Capital is the brand under which MDB Capital Holdings, LLC ...
Wall Street Analysts See MongoDB (MDB) as a Buy: Should You Invest?
zacks.com· 2024-05-21 14:31
Of the 29 recommendations that derive the current ABR, 20 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 69% and 10.3% of all recommendations. Brokerage Recommendation Trends for MDB Check price target & stock forecast for MongoDB here>>> The ABR suggests buying MongoDB, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose ...
MongoDB (MDB) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-05-13 23:01
In the latest market close, MongoDB (MDB) reached $359.24, with a +1.63% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.02%. Meanwhile, the Dow lost 0.21%, and the Nasdaq, a tech-heavy index, added 0.29%. Shares of the database platform witnessed a gain of 0.4% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.39% and the S&P 500's gain of 1.29%. One should further note that MDB currently holds a PEG ratio of 1 ...
MongoDB, Inc. Announces Date of First Quarter Fiscal 2025 Earnings Call
Prnewswire· 2024-05-10 12:00
NEW YORK, May 10, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced it will report its first quarter fiscal year 2025 financial results for the three months ended April 30, 2024, after the U.S. financial markets close on Thursday, May 30, 2024.In conjunction with this announcement, MongoDB will host a conference call on Thursday, May 30, 2024, at 5:00 p.m. (Eastern Time) to discuss the Company's financial results and business outlook. A live webcast of the call will be available on the "Inves ...
MongoDB (MDB) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks Investment Research· 2024-05-06 23:01
MongoDB (MDB) ended the recent trading session at $365.67, demonstrating a +0.78% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 1.03%. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq gained 1.19%.The database platform's stock has climbed by 0.01% in the past month, exceeding the Computer and Technology sector's loss of 0.68% and the S&P 500's loss of 1.57%.Market participants will be closely following the financial results of Mong ...
MongoDB Announces New Capabilities for MongoDB Atlas to Streamline Building Modern Applications
Prnewswire· 2024-05-02 10:00
General availability of MongoDB Atlas Stream Processing makes it easier for developers to use real-time streaming data to build event-driven application experiences in a unified environment MongoDB Atlas Search Nodes newly available on Microsoft Azure allow organizations to isolate and scale generative AI workloads with up to 60% faster query times and lower cost MongoDB Atlas Edge Server enables customers to seamlessly run distributed applications closer to end-users from the cloud to the edge and in betwe ...
MongoDB and Google Cloud Collaborate to Optimize Gemini Code Assist for Developers Building Applications on MongoDB
Prnewswire· 2024-05-02 10:00
Gemini Code Assist enables developers to accelerate application development and modernization on MongoDB using AI-powered coding assistance NEW YORK, May 2, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) and Google Cloud (NASDAQ: GOOG), today announced the two companies are collaborating to optimize Gemini Code Assist to provide enhanced suggestions for application development and modernization on MongoDB—the industry-leading developer data platform that millions of developers and tens of thousands of cus ...