Shares of the database specialist crashed earlier this year but are making a comeback. Shares of database company MongoDB (MDB -0.29%) were once a highflier, exceeding $500 earlier this year. But that changed after the company announced results for its fiscal first quarter, ended April 30. Management noted a slowdown in revenue growth and reduced its guidance for the current fiscal year. MongoDB stock promptly plunged, eventually reaching a 52-week low of $212.74 in August. But on Aug. 29, the company repor ...

MongoDB (MDB) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this database platform, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ea ...

MongoDB (MDB) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investors often f ...

LOS ANGELES, Sept. 5, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against MongoDB, Inc. ("MongoDB" or "the Company") (NASDAQ: MDB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of MDB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaint ...

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (Nasdaq:MDB) and certain of the Company's senior executives. If you suffered losses on your MongoDB investment, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/mongodb-inc. Investors have until September 9, 2024 to ask the Court to be appointed to lead the case. The complaint asse ...

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of MongoDB, Inc. (NASDAQ: MDB). Shareholders who purchased shares of MDB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/mongodb-inc-loss-submission-form/?id=100109&from=4 CLASS PERIOD: August 31, 2023 to May 30 ...

MongoDB, Inc. (NASDAQ:MDB) Citi's 2024 Global TMT Conference September 4, 2024 3:50 PM ET Company Participants Serge Tanjga - Finance and IR Michael Gordon - COO and CFO Conference Call Participants Tyler Radke - Co-head and senior software analyst at Citi Tyler Radke Looks like we had a packed house here for MongoDB. So thanks for joining. Tyler Radke here, co-head of the software sector at Citi. I think this is session eleven of a busy day, so appreciate it. MongoDB. Joining me we have Michael Gordon, the ...

SUQIAN, CHINA - DECEMBER 6, 2023 - Illustration MongoDB, December 6, 2023, Suqian, Jiangsu Province, ... [+] China. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing via Getty Images Could MongoDB stock regain $500 in a year? Not too far-fetched a possibility, given that MongoDB stock was trading at around $500 levels at the end of February - just six months ago. Since then the stock has nosedived ~42% and trades at close to $290 now. At the current price level, MongoDB s ...

The database services provider's stock has soared 1,100% since its October 2017 IPO. MongoDB's (MDB -2.61%) stock price soared 18% on Aug. 30 after it posted its latest earnings report. For the second quarter of fiscal 2025, which ended on July 31, the database management software provider's revenue increased 13% year over year to $463.8 million and exceeded analysts' expectations by $13.9 million. Its adjusted EPS declined 25% year over year to $0.70 but still cleared the consensus forecast by $0.22. For t ...

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of MongoDB, Inc. (NASDAQ: MDB) between August 31, 2023 and May 30, 2024, both dates inclusive (the "Class Period"), of the important September 9, 2024 lead plaintiff deadline. SO WHAT: If you purchased MongoDB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO ...