MongoDB (MDB) Stock Surges 17% Following Q3 'Beat and Raise'
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MongoDB (MDB) PT Raised to $552 at Macquarie
December 7, 2021 9:29 AM ESTMacquarie analyst Frederick Havenmeyer raised the price target on MongoDB (NASDAQ: MDB) to $552.00 (from $450.00) while maintaining a Outperform rating.
MDB reported a blowout FQ3 with a ~10.5% revenue beat and ~5.6% FQ4 guidance raise. Atlas grew ~84% Y/Y, lifting total rev. growth... MoreMongoDB (MDB) PT Raised to $626 at Needham & Company
December 7, 2021 6:38 AM ESTNeedham & Company analyst Jack Andrews raised the price target on MongoDB (NASDAQ: MDB) to $626.00 (from $534.00) while maintaining a Buy rating.
The analyst commented, "MDB reported yet another quarter of strong revenue acceleration in 3QFY22, leading to very large magnitudes of beats relative to... More
MongoDB (MDB) PT Raised to $550 at Stifel
December 7, 2021 6:32 AM ESTStifel analyst Brad Reback raised the price target on MongoDB (NASDAQ: MDB) to $550.00 (from $495.00) while maintaining a Buy rating following results.
The analyst commented, "Mongo beat across all metrics, as Atlas reached >$500M revenue run rate, with the 84% Y/Y growth accelerating... More
MongoDB (MDB) PT Raised to $545 at Goldman Sachs
December 7, 2021 6:24 AM ESTGoldman Sachs analyst Kash Rangan raised the price target on MongoDB (NASDAQ: MDB) to $545.00 (from $475.00) while maintaining a Buy rating following strong results.
The analyst commented, "Following strong 3Q results from SNOW and DDOG, we continue to see broad based cloud momentum across... More
MongoDB (MDB) Tops Q3 EPS by 26c, Q4 Guidance Beats
December 6, 2021 4:06 PM ESTMongoDB (NASDAQ: MDB) reported Q3 EPS of ($0.11), $0.26 better than the analyst estimate of ($0.37). Revenue for the quarter came in at $226.9 million versus the consensus estimate of $205.14 million.
GUIDANCE:
MongoDB sees Q4 2022 EPS of ($0.24)-($0.21), versus the consensus of ($0.34). MongoDB sees Q4... More
