Dernières nouvelles pour MongoDB (NASDAQ:MDB) Stock

MongoDB

Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.

MongoDB Inc

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MongoDB Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) and Datadog Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) shares are trading higher Thursday. Several software names jumped following Snowflake Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) strong earnings report and optimistic guidance. Here&#8217;s <a href="https://www.benzinga.com/24/11/42117057/snowflake-stock-is-blazing-higher-thursday-whats-going-on">what you need to know.</a>
What To Know: Snowflake exceeded<a href="https://www.benzinga.com/24/11/42117057/snowflake-stock-is-blazing-higher-thursday-whats-going-on"> analyst expectations </a>in the third quarter, reporting $942.09 million in revenue, above the forecasted $896.99 million. Adjusted earnings came in at 20 cents per share, beating the estimate of 15 cents per share, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Product revenue totaled $900.3 million, up 29% year-over-year. Snowflake guided for fourth-quarter product revenue in the range of $906 million to $911 million, and raised its full-year product revenue outlook from $3.356 billion to $3.43 billion, representing 29% year-over-year growth.
&#8220;Our obsessive drive to produce product cohesion and ease of use has built Snowflake into the easiest and most cost-effective enterprise data platform,&#8221; said Sridhar Ramaswamy, CEO of Snowflake.
See Also: <a href="https://www.benzinga.com/government/regulations/24/11/42119020/alphabet-bleeds-over-120-billion-in-market-value-eyes-worst-day-in-10-months-after-doj-demands-google-chrome-sale">Alphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale</a>
Snowflake's results appear to have sparked optimism around growing enterprise adoption of AI-powered data solutions, supported by the company&#8217;s acquisition of Datavolo and multi-year partnership with Anthropic. Such has led to optimism across the data and cloud services sector, benefiting MongoDB and Datadog, among others.
MongoDB, known for its NoSQL database solutions, is a key player in managing enterprise data, which remains critical for businesses leveraging AI and cloud-based tools. Datadog, a monitoring and analytics platform for cloud applications, complements this ecosystem by providing insights into system performance and reliability. Cloud data providers are seen as integral to the broader data infrastructure required by enterprises adopting advanced analytics and AI-driven workflows.
MDB, DDOG Price Action: At publication time, MongoDB shares were up 14.9% at $323.77 and Datadog shares were up 7.27% at $145.29, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro.</a>
Image via Shutterstock.

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MongoDB, Datadog Shares Are Moving Higher: What's Going On?

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Shares of software, cybersecurity, and cloud companies are trading higher in possible sympathy with Snowflake, which saw gains after the company reported better-than-expected Q3 financial results and raised its FY25 product revenue guidance.

U.S. stocks were mixed, with the Nasdaq Composite falling more than 150 points on Thursday.
Shares of BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) surged 7% to $91.65 after the company reported better-than-expected third-quarter adjusted EPS results and raised its FY24 adjusted EPS <a href="https://www.benzinga.com/24/11/42111394/bjs-wholesale-stock-soars-after-q3-earnings-beat-outlook-raised">guidance above estimates</a>.
Also, the company approved a new $1 billion share repurchase program.
BJ&#8217;s Wholesale shares surged 7% to $91.65 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) shares jumped 30.9% to $169.05 after the company reported better-than-expected third-quarter financial results and raised its FY25 product revenue guidance. Also, multiple firms raised their respective price targets on the stock.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) gained 24.2% to $4.5712. Quantum Computing announced it received another purchase order for its photonic chip foundry.</li>
<li>Universal Technical Institute, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTI#NYSE">UTI</a>) gained 17.7% to $23.41 after the company reported better-than-expected quarterly EPS and sales, and provided FY2024 revenue guidance above analyst estimates..</li>
<li>Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) shares jumped 17.2% to $69.47.</li>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) gained 15.1% to $26.63.</li>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) surged 14.4% to $322.24. MongoDB will report its third quarter fiscal year 2025 financial results for the three months ended Oct. 31, after the U.S. financial markets close on Monday, Dec. 9.</li>
<li>Dream Finders Homes, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFH#NYSE">DFH</a>) gained 14.3% to $31.89 after the company announced it will join the S&amp;P SmallCap 600 and replace Haynes.</li>
<li>Hyliion Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HYLN#NYSE">HYLN</a>) jumped 12.6% to $3.2750.</li>
<li>Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) gained 11.8% to $7.12.</li>
<li>Amentum Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTM#NYSE">AMTM</a>) jumped 8.1% to $24.24.</li>
<li>Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) gained 8.1% to $30.85. The company's board authorized a $300 million share repurchase program.</li>
<li>Rubrik, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) gained 8% to $48.78.</li>
<li>Cloudflare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) gained 6.2% to $102.46.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/24/11/42112636/top-3-tech-stocks-which-could-rescue-your-portfolio-in-q4">Top 3 Tech Stocks Which Could Rescue Your Portfolio In Q4</a></li>
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Intraday Update

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BJ's Wholesale Club, Snowflake, Universal Technical Institute And Other Big Stocks Moving Higher On Thursday

New Microsoft Fabric Mirroring integration with&nbsp;MongoDB Atlas allows for near real-time data syncs
MongoDB Enterprise Advanced now available on Azure Marketplace for Azure Arc-enabled Kubernetes applications

MSFT

MongoDB Says Atlas Now Available On Azure OpenAI Service

Whales with a lot of money to spend have taken a noticeably bullish stance on MongoDB.
Looking at options history for MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) we detected 35 trades.
If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 42% with bearish.
From the overall spotted trades, 19 are puts, for a total amount of $1,065,617 and 16, calls, for a total amount of $667,115.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $220.0 to $350.0 for MongoDB over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for MongoDB's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of MongoDB's whale trades within a strike price range from $220.0 to $350.0 in the last 30 days. 
<h3>MongoDB Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731954624_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$45.7</td>
<td>$41.65</td>
<td>$43.0</td>
<td>$280.00</td>
<td>$129.0K</td>
<td align="right">114</td>
<td align="right">0</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$56.0</td>
<td>$55.55</td>
<td>$56.0</td>
<td>$300.00</td>
<td>$112.0K</td>
<td align="right">93</td>
<td align="right">20</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$290.00</td>
<td>$110.5K</td>
<td align="right">808</td>
<td align="right">332</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/13/24</td>
<td>$28.3</td>
<td>$27.0</td>
<td>$27.0</td>
<td>$290.00</td>
<td>$94.5K</td>
<td align="right">13</td>
<td align="right">1</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$13.85</td>
<td>$10.95</td>
<td>$12.05</td>
<td>$290.00</td>
<td>$90.3K</td>
<td align="right">301</td>
<td align="right">88</td>
</tr>
</tbody>
</table>

<h3>About MongoDB</h3>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Following our analysis of the options activities associated with MongoDB, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of MongoDB</h3>
<ul>
<li>Trading volume stands at 468,964, with MDB's price up by 0.68%, positioned at $281.66.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 15 days.</li>
</ul>
<h3>What The Experts Say On MongoDB</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $345.0.
Unusual Options Activity Detected: Smart Money on the Move
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&#x2A; An analyst from Barclays persists with their Overweight rating on MongoDB, maintaining a target price of $345. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MongoDB options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Market Whales and Their Recent Bets on MDB Options

In the latest quarter, 18 analysts provided ratings for MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">7</td>
<td align="right">8</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">6</td>
<td align="right">7</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for MongoDB, presenting an average target of $336.39, a high estimate of $400.00, and a low estimate of $275.00. This upward trend is apparent, with the current average reflecting a 10.43% increase from the previous average price target of $304.61.
<img src="https://www.benzinga.com/files/images/story/2024/1731690034_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of MongoDB's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$345.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Rudy Kessinger</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$340.00</td>
<td>$330.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$400.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Rudy Kessinger</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$330.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Firoz Valliji</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$360.00</td>
<td>$358.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$380.00</td>
<td>$380.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$335.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Patrick Colville</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$295.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$350.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$275.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Andrew Nowinski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$350.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$335.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$325.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Miller Jump</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Ittai Kidron</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$350.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$275.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Sanjit Singh</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$340.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Bradley Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$350.00</td>
<td>$300.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to MongoDB. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MongoDB compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for MongoDB's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
For valuable insights into MongoDB's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/MDB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MongoDB analyst ratings.</a>
<h2>Discovering MongoDB: A Closer Look</h2>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
<h3>MongoDB's Economic Impact: An Analysis</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: MongoDB displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 12.82%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -11.41%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): MongoDB's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.14%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): MongoDB's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -1.77% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: MongoDB's debt-to-equity ratio is below the industry average. With a ratio of 0.87, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Latest Analyst Ratings For MongoDB

Barclays analyst Raimo Lenschow maintains MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) with a Overweight and raises the price target from $290 to $345.

Price Target

Barclays Maintains Overweight on MongoDB, Raises Price Target to $345

DigitalOcean Launches Scalable Storage For Managed MongoDB, Enabling Independent Storage Scaling For Cost-Effective And Flexible Database Management

Whales with a lot of money to spend have taken a noticeably bearish stance on MongoDB.
Looking at options history for MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $384,622 and 2, calls, for a total amount of $143,050.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $210.0 to $300.0 for MongoDB over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for MongoDB's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across MongoDB's significant trades, within a strike price range of $210.0 to $300.0, over the past month.
<h3>MongoDB 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731440849_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$48.25</td>
<td>$46.0</td>
<td>$46.0</td>
<td>$260.00</td>
<td>$115.0K</td>
<td>341</td>
<td align="right">25</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$32.7</td>
<td>$32.35</td>
<td>$32.35</td>
<td>$300.00</td>
<td>$100.2K</td>
<td>785</td>
<td align="right">35</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$21.1</td>
<td>$21.05</td>
<td>$21.05</td>
<td>$270.00</td>
<td>$71.5K</td>
<td>32</td>
<td align="right">105</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$1.87</td>
<td>$1.24</td>
<td>$1.5</td>
<td>$280.00</td>
<td>$45.0K</td>
<td>1.7K</td>
<td align="right">303</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$27.2</td>
<td>$26.5</td>
<td>$27.2</td>
<td>$270.00</td>
<td>$40.8K</td>
<td>159</td>
<td align="right">21</td>
</tr>
</tbody>
</table>

<h3>About MongoDB</h3>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Following our analysis of the options activities associated with MongoDB, we pivot to a closer look at the company's own performance.
<h3>Where Is MongoDB Standing Right Now?</h3>
<ul>
<li>With a trading volume of 610,507, the price of MDB is up by 0.83%, reaching $294.0.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 21 days from now.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MongoDB options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Financial giants have made a conspicuous bullish move on MongoDB. Our analysis of options history for MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) revealed 10 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $154,910, and 7 were calls, valued at $627,166.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $230.0 to $350.0 for MongoDB over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for MongoDB's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across MongoDB's significant trades, within a strike price range of $230.0 to $350.0, over the past month.
<h3>MongoDB 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731344445_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$69.85</td>
<td>$62.25</td>
<td>$65.0</td>
<td>$280.00</td>
<td>$325.0K</td>
<td align="right">11</td>
<td align="right">0</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$17.0</td>
<td>$16.5</td>
<td>$17.0</td>
<td>$260.00</td>
<td>$76.5K</td>
<td align="right">163</td>
<td align="right">50</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$16.25</td>
<td>$14.85</td>
<td>$15.3</td>
<td>$320.00</td>
<td>$73.4K</td>
<td align="right">576</td>
<td align="right">72</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$66.35</td>
<td>$65.65</td>
<td>$66.35</td>
<td>$230.00</td>
<td>$53.0K</td>
<td align="right">455</td>
<td align="right">16</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$63.9</td>
<td>$61.9</td>
<td>$63.9</td>
<td>$230.00</td>
<td>$51.1K</td>
<td align="right">455</td>
<td align="right">8</td>
</tr>
</tbody>
</table>

<h3>About MongoDB</h3>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Following our analysis of the options activities associated with MongoDB, we pivot to a closer look at the company's own performance.
<h3>MongoDB's Current Market Status</h3>
<ul>
<li>With a trading volume of 358,475, the price of MDB is down by -0.59%, reaching $288.32.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 22 days from now.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MongoDB options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on MongoDB: Analyzing the Surge in Options Activity

Whales with a lot of money to spend have taken a noticeably bearish stance on MongoDB.
Looking at options history for MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) we detected 33 trades.
If we consider the specifics of each trade, it is accurate to state that 21% of the investors opened trades with bullish expectations and 72% with bearish.
From the overall spotted trades, 30 are puts, for a total amount of $1,009,417 and 3, calls, for a total amount of $112,954.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $200.0 to $275.0 for MongoDB over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MongoDB's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MongoDB's substantial trades, within a strike price spectrum from $200.0 to $275.0 over the preceding 30 days.
<h3>MongoDB Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730827911_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$29.25</td>
<td>$27.65</td>
<td>$29.25</td>
<td>$250.00</td>
<td>$64.4K</td>
<td style="text-align: right;">27</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$29.35</td>
<td>$28.9</td>
<td>$28.9</td>
<td>$250.00</td>
<td>$49.1K</td>
<td style="text-align: right;">27</td>
<td style="text-align: right;">252</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$30.0</td>
<td>$28.75</td>
<td>$29.25</td>
<td>$250.00</td>
<td>$46.8K</td>
<td style="text-align: right;">27</td>
<td style="text-align: right;">80</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$18.1</td>
<td>$17.7</td>
<td>$18.1</td>
<td>$240.00</td>
<td>$45.2K</td>
<td style="text-align: right;">104</td>
<td style="text-align: right;">118</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$29.55</td>
<td>$28.65</td>
<td>$29.25</td>
<td>$250.00</td>
<td>$40.9K</td>
<td style="text-align: right;">27</td>
<td style="text-align: right;">108</td>
</tr>
</tbody>
</table>

<h3>About MongoDB</h3>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
After a thorough review of the options trading surrounding MongoDB, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of MongoDB</h3>
<ul>
<li>Currently trading with a volume of 264,424, the MDB's price is up by 0.9%, now at $269.8. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 28 days.</li>
</ul>
<h3>What Analysts Are Saying About MongoDB</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $340.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from DA Davidson persists with their Buy rating on MongoDB, maintaining a target price of $340. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for MongoDB, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) has outperformed the market over the past 5 years by 2.14% on an annualized basis producing an average annual return of 15.93%. Currently, MongoDB has a market capitalization of $19.41 billion. 
Buying $1000 In MDB: If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $2,052.41 today based on a price of $262.75 for MDB at the time of writing.
<h3>MongoDB's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729702810_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In MongoDB 5 Years Ago Would Be Worth This Much Today

Goldman Sachs identified 20 stocks with high short interest that could be primed for a short squeeze, particularly if upcoming earnings reports exceed expectations, <a href="https://www.benzinga.com/short-interest/most-shorted">providing opportunities for traders</a>. 
In a note shared this week, analyst John Marshall and his team saw the potential for substantial upside for this group of stocks if the current trend of short-covering continues.
<h3 class="wp-block-heading">What Is A Short Squeeze?</h3>
A short squeeze happens when a stock with high short interest sees a rapid price surge, forcing short sellers to buy back shares to cover their positions. This buying frenzy often propels the stock price even higher. 
Short sellers bet that the price of a stock will fall, borrowing shares to sell them at the current price with the intent of repurchasing them at a lower price. 
When a stock rises instead, short sellers scramble to cover their positions, accelerating the stock&#8217;s upward momentum.
Short squeezes typically occur when heavily shorted stocks see unexpected positive news or earnings results, triggering forced buying.
<h3 class="wp-block-heading">Relief Rallies On Earnings</h3>
Goldman analysts also highlighted that heavily shorted stocks tend to be more prone to &#8220;relief rallies&#8221; around earnings. 
A relief rally occurs when stocks perform better than expected after earnings, alleviating bearish concerns and pushing share prices higher.
"We see greater than normal potential for relief rallies on earnings," said Marshall.
The Goldman Sachs team screened for 20 stocks with high short interest, liquid options, upcoming earnings, and a Buy rating from their equity research department.
Analysts at Goldman Sachs recommend to buy call options in order to bet on a potential short squeeze. 
Call options give investors the right, but not the obligation, to buy a stock at a specific price within a set timeframe. This strategy limits risk while allowing for participation in any significant price increases due to a short squeeze or positive earnings surprise.
See Also: <a href="https://www.benzinga.com/markets/24/10/41302909/18-stocks-to-buy-7-to-sell-this-earnings-season-goldman-sachs-calls-it-the-year-of-the-stock-picker">18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It &#8216;The Year Of The Stock Picker&#8217;</a>
<h3 class="wp-block-heading">Goldman Sachs Names 20 Stocks Primed For Short-Squeeze Rallies</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Earnings Date</th>
<th>Short Interest (% of Float)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>)</td>
<td>Dec 4 (After Market Close)</td>
<td>10.7%</td>
</tr>
<tr>
<td>Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)</td>
<td>Oct 22 (AMC)</td>
<td>10.6%</td>
</tr>
<tr>
<td>Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)</td>
<td>Oct 31 (Before Market Open)</td>
<td>9.1%</td>
</tr>
<tr>
<td>Affirm Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>)</td>
<td>Nov 6 (AMC)</td>
<td>8.4%</td>
</tr>
<tr>
<td>Dick&#8217;s Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>)</td>
<td>Nov 19 (BMO)</td>
<td>7.6%</td>
</tr>
<tr>
<td>Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>)</td>
<td>Nov 19 (BMO)</td>
<td>7.1%</td>
</tr>
<tr>
<td>TKO Group Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>)</td>
<td>Nov 6 (AMC)</td>
<td>6.8%</td>
</tr>
<tr>
<td>Dollar Tree Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>)</td>
<td>Nov 27 (BMO)</td>
<td>5.8%</td>
</tr>
<tr>
<td>ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)</td>
<td>Oct 28 (BMO)</td>
<td>5.6%</td>
</tr>
<tr>
<td>Apollo Global Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)</td>
<td>Nov 5 (BMO)</td>
<td>5.5%</td>
</tr>
<tr>
<td>DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>)</td>
<td>Oct 31 (AMC)</td>
<td>5.3%</td>
</tr>
<tr>
<td>Expedia Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>)</td>
<td>Nov 7 (AMC)</td>
<td>5.2%</td>
</tr>
<tr>
<td>Vertiv Holdings Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>)</td>
<td>Oct 23 (BMO)</td>
<td>5.2%</td>
</tr>
<tr>
<td>Royal Caribbean Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>)</td>
<td>Oct 29 (BMO)</td>
<td>4.9%</td>
</tr>
<tr>
<td>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>)</td>
<td>Oct 29 (AMC)</td>
<td>4.8%</td>
</tr>
<tr>
<td>MongoDB Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>)</td>
<td>Dec 3 (BMO)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</td>
<td>Nov 25 (AMC)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Generac Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>)</td>
<td>Oct 30 (BMO)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>)</td>
<td>Nov 27 (AMC)</td>
<td>4.5%</td>
</tr>
<tr>
<td>CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)</td>
<td>Nov 26 (AMC)</td>
<td>4.4%</td>
</tr>
</tbody>
</table>
</figure>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41314387/most-widely-hated-bull-market-reaches-2-year-milestone-top-20-s-p-500-stocks-drivin">&#8216;Most Widely Hated&#8217; Bull Market Reaches 2-Year Milestone: Top 20 S&amp;P 500 Stocks Driving The Rally</a></li>
</ul>
Image: Shutterstock

Analyst Color

Equities

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Mid Cap

Tech

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CRWD

DELL

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DLTR

ENPH

EXPE

FSLR

GNRC

MRNA

Goldman Sachs Highlights 20 Top Short-Squeeze Opportunities For Q3 Earnings Season

The redemption date will be&nbsp;December 16, 2024.&nbsp; The redemption price with respect to any redeemed note will equal&nbsp;100%&nbsp;of the principal amount thereof, plus accrued and unpaid interest, from&nbsp;July 15, 2024, to, but excluding the redemption date.&nbsp;&nbsp;

MongoDB Issues Notice Of Redemption For All $1.149B Of Its 0.25% Convertible Senior Notes Due 2026

Deep-pocketed investors have adopted a bearish approach towards MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MDB usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for MongoDB. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 11% leaning bullish and 66% bearish. Among these notable options, 3 are puts, totaling $139,088, and 6 are calls, amounting to $267,922.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $150.0 and $420.0 for MongoDB, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for MongoDB's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of MongoDB's whale activity within a strike price range from $150.0 to $420.0 in the last 30 days. 
<h3>MongoDB 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729098969_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$20.15</td>
<td>$19.9</td>
<td>$19.9</td>
<td>$300.00</td>
<td>$79.6K</td>
<td>669</td>
<td style="text-align: right;">44</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$23.3</td>
<td>$22.25</td>
<td>$23.3</td>
<td>$300.00</td>
<td>$58.2K</td>
<td>1.2K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$31.55</td>
<td>$31.0</td>
<td>$31.55</td>
<td>$260.00</td>
<td>$53.6K</td>
<td>1</td>
<td style="text-align: right;">45</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$31.55</td>
<td>$31.0</td>
<td>$31.55</td>
<td>$260.00</td>
<td>$53.6K</td>
<td>1</td>
<td style="text-align: right;">28</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$23.35</td>
<td>$23.0</td>
<td>$23.0</td>
<td>$300.00</td>
<td>$41.4K</td>
<td>1.2K</td>
<td style="text-align: right;">44</td>
</tr>
</tbody>
</table>

<h3>About MongoDB</h3>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Following our analysis of the options activities associated with MongoDB, we pivot to a closer look at the company's own performance.
<h3>Where Is MongoDB Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 220,009, with MDB's price down by -1.84%, positioned at $279.42.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 48 days.</li>
</ul>
<h3>Professional Analyst Ratings for MongoDB</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $340.0.
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&#x2A; An analyst from DA Davidson persists with their Buy rating on MongoDB, maintaining a target price of $340. 
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MongoDB Options Trading: A Deep Dive into Market Sentiment

MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) has outperformed the market over the past 5 years by 2.61% on an annualized basis producing an average annual return of 16.77%. Currently, MongoDB has a market capitalization of $21.64 billion. 
Buying $1000 In MDB: If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $2,129.19 today based on a price of $293.00 for MDB at the time of writing.
<h3>MongoDB's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728680436_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today

During the last three months, 17 analysts shared their evaluations of MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>), revealing diverse outlooks from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $335.88, a high estimate of $400.00, and a low estimate of $275.00. This current average has increased by 9.96% from the previous average price target of $305.47. 
<img src="https://www.benzinga.com/files/images/story/2024/1728669629_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of MongoDB by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Rudy Kessinger</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$340.00</td>
<td>$330.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$400.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Rudy Kessinger</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$330.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Firoz Valliji</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$360.00</td>
<td>$358.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$380.00</td>
<td>$380.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$335.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Patrick Colville</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$295.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$350.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$275.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Andrew Nowinski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$350.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$335.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$325.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Miller Jump</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Ittai Kidron</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$350.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$275.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Sanjit Singh</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$340.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Bradley Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$350.00</td>
<td>$300.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MongoDB. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of MongoDB compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of MongoDB's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of MongoDB's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MDB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MongoDB analyst ratings.</a>
<h2>Delving into MongoDB's Background</h2>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
<h3>MongoDB: A Financial Overview</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: MongoDB's revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 12.82%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: MongoDB's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -11.41%, the company may face hurdles in effective cost management.
Return on Equity (ROE): MongoDB's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -4.14%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): MongoDB's ROA stands out, surpassing industry averages. With an impressive ROA of -1.77%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: MongoDB's debt-to-equity ratio is below the industry average at 0.87, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: Simplified</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 17 Analyst Projections For MongoDB

Investors with a lot of money to spend have taken a bearish stance on MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MDB, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for MongoDB.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 62%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $109,000, and 7, calls, for a total amount of $497,935.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $195.0 to $300.0 for MongoDB over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for MongoDB's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across MongoDB's significant trades, within a strike price range of $195.0 to $300.0, over the past month.
<h3>MongoDB 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728668035_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.2</td>
<td>$3.6</td>
<td>$3.6</td>
<td>$300.00</td>
<td>$143.6K</td>
<td style="text-align: right;">584</td>
<td style="text-align: right;">880</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$4.45</td>
<td>$3.55</td>
<td>$3.55</td>
<td>$300.00</td>
<td>$140.1K</td>
<td style="text-align: right;">584</td>
<td style="text-align: right;">478</td>
</tr>
<tr>
<td>MDB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$10.9</td>
<td>$10.25</td>
<td>$10.9</td>
<td>$195.00</td>
<td>$109.0K</td>
<td style="text-align: right;">23</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.1</td>
<td>$3.55</td>
<td>$3.55</td>
<td>$300.00</td>
<td>$71.0K</td>
<td style="text-align: right;">584</td>
<td style="text-align: right;">880</td>
</tr>
<tr>
<td>MDB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$17.25</td>
<td>$16.7</td>
<td>$17.25</td>
<td>$300.00</td>
<td>$43.1K</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">50</td>
</tr>
</tbody>
</table>

<h3>About MongoDB</h3>
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
In light of the recent options history for MongoDB, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is MongoDB Standing Right Now?</h3>
<ul>
<li>With a trading volume of 840,590, the price of MDB is up by 0.41%, reaching $293.88.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 53 days from now.</li>
</ul>
<h3>Expert Opinions on MongoDB</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $340.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from DA Davidson continues to hold a Buy rating for MongoDB, targeting a price of $340. 
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Unpacking the Latest Options Trading Trends in MongoDB

DA Davidson analyst Rudy Kessinger maintains MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) with a Buy and raises the price target from $330 to $340.

DA Davidson Maintains Buy on MongoDB, Raises Price Target to $340

MongoDB's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NYSE">MDB</a>) short percent of float has fallen 12.57% since its last report. The company recently reported that it has 3.38 million shares sold short, which is 4.73% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.88 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>MongoDB Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728652523_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for MongoDB has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing MongoDB's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, MongoDB's peer group average for short interest as a percentage of float is 6.11%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About MongoDB?

MongoDB: Playing The Long Game In A Fiercely Competitive Market

Cloud computing is revolutionizing the digital landscape thanks to its ease of access, cost benefits, and impressive performance. Hence, investing in fundamentally stable cloud computing stocks, Alphabet (GOOGL), Amazon.com (AMZN), and Salesforce (CRM), could be one's ticket to tech-savvy success. Read more… As digital transformation accelerates across various industries, cloud computing is at the forefront of the digital revolution. Its flexible resources and enhanced innovation are driving businesses to embrace this technology. Plus, with the rise of remote work, cloud computing continues to lead and shows no signs of slowing down.
Amid this backdrop, let us dive deep into the fundamentals of robust cloud computing stocks, Alphabet Inc. (<a href="https://stocknews.com/stock/GOOGL/">GOOGL</a>), Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>), and Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>), that are leading the forefront of the digital revolution.
Over the past few years, remote work has become the preferred method of employment for millions. According to the Pew Research Center, around <a href="https://www.usatoday.com/money/blueprint/business/hr-payroll/remote-work-statistics/">22 million employed adults</a> in the United States work from home full-time, equal to roughly 14% of all employed adults.
Remote work trends and modernization in technology have boosted the rate of adoption of cloud computing in various sectors, with <a href="https://edgedelta.com/company/blog/how-many-companies-use-cloud-computing-in-2024#:~:text=Over%2090%25%20of%20companies%20worldwide%20already,use%20cloud%20services%E2%80%94including%20AWS%2C%20Google%2C%20and%20Microsoft.">more than 90% of organizations</a> now using cloud services to improve efficiency and innovation.
With reduced cost, improved scalability, several security measures, and high performance and speed, the influence of cloud computing in modern-day businesses is unmatched. According to Fortune Business Highlights, the cloud computing market is projected to reach $2.29 trillion by 2032, growing at an impressive <a href="https://www.fortunebusinessinsights.com/cloud-computing-market-102697">CAGR of 16.5%</a>.
Now let us look into the fundamentals of three cloud computing stocks that are leading the digital revolution, starting with #3.
Stock #3: Alphabet Inc. (<a href="https://stocknews.com/stock/GOOGL/">GOOGL</a>)
GOOGL encompasses a range of companies, with Google as its central entity, serving billions of users globally. Its widely used platforms are Search, Ads, Chrome, Cloud, YouTube, and Android. The company anchors its operations across three main segments: Google Services; Google Cloud; and Other Bets.
On May 2, GOOGL <a href="https://investors.mongodb.com/news-releases/news-release-details/mongodb-and-google-cloud-collaborate-optimize-gemini-code-assist">announced a collaboration</a> with MongoDB, Inc. (<a href="https://stocknews.com/stock/MDB/">MDB</a>), an industry-leading developer data platform, to optimize Gemini Code Assist and provide enhanced suggestions for application development and modernization on MDB.
The collaboration is expected to strength GOOGL's position in delivering cutting-edge, developer-focused solutions and supporting ongoing innovation in cloud technology.
For the fiscal 2024 third quarter that ended September 30, GOOGL's revenues increased 15.1% year-over-year to $88.27 billion. Its <a href="https://www.investopedia.com/terms/i/ifo.asp">income from operations</a> rose 33.6% from the year-ago value to $28.52 billion.
Plus, the company's net income came in at $26.30 billion, up 33.6% year-over-year. Its earnings per share grew 36.8% from the prior year's quarter to $2.12.
Analysts expect GOOGL's revenue for the fiscal fourth quarter (ending December 2024) to increase 10.9% year-over-year to $95.70 billion. Its EPS is expected to grow 24.4% from the prior year's period to $2.04. Moreover, the company topped the revenue and EPS estimates in all four trailing quarters, which is impressive.
Shares of GOOGL have surged 10.5% over the past nine months and 38.9% over the past year to close the last trading session at $169.68.
GOOGL's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its positive fundamentals. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
GOOGL has a B grade for Sentiment, Stability, and Quality. Within the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry, GOOGL is ranked #9 out of 53 stocks.
To check the stock's ratings for Growth, Momentum, and Value, <a href="https://stocknews.com/stock/GOOGL/">click here</a>.
Stock #2: Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>)
AMZN engages in retail, advertising, and subscription services through both online and physical channels. Its segments include North America; International; and Amazon Web Services (AWS). The company also provides electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero, along with original media content.
On October 29, AWS <a href="https://press.aboutamazon.com/aws/2024/10/aws-powers-celcomdigis-transformation-into-an-ai-driven-telco-tech-company">announced a collaboration</a> with CelcomDigi, Malaysia's largest mobile operator, with AWS as its key cloud provider to transform the company into an artificial intelligence (AI)-powered organization.
The collaboration could benefit AMZN by strengthening AWS's foothold in the Asian telecommunications market and showcasing its cloud and AI capabilities on a large scale.
On October 24, AWS <a href="https://press.aboutamazon.com/2024/10/box-and-aws-partner-to-bring-powerful-generative-ai-models-and-capabilities-to-enterprise-content">announced a strategic partnership</a> with Box, Inc. (<a href="https://stocknews.com/stock/BOX/">BOX</a>), a leading intelligent content management platform, to build new applications and maximize productivity with generative AI.
The collaboration would enhance AWS's growth potential, driving global adoption of GenAI solutions across industries and reinforcing its leadership in AI-driven innovation.
For the fiscal 2024 second quarter, which ended on June 30, AMZN's total net sales increased 10.1% year-over-year to $147.98 billion. Its operating income rose 91% from the year-ago value to $14.67 billion.
Additionally, the company's net income amounted to $13.48 billion, representing a year-over-year increase of 99.8%. Moreover, its EPS grew 93.8% from the previous year's quarter to $1.26.
Street expects AMZN's revenue and EPS for the fiscal third quarter that ended September 2024 to increase 9.9% and 21.5% year-over-year to $157.28 billion and $1.14, respectively. Moreover, the company topped the consensus EPS estimates in each of the trailing four quarters, which is impressive.
Shares of AMZN have surged 18.3% over the past nine months and 49.4% over the past year to close the last trading session at $190.83.
AMZN's solid prospects are projected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
AMZN has a B grade for Sentiment and Quality. It is ranked #15 out of 53 stocks within the same industry.
<a href="https://stocknews.com/stock/AMZN/">Click here</a> to see AMZN's ratings for Growth, Momentum, Value, and Stability.
Stock #1: Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>)
CRM provides Customer Relationship Management solutions, connecting companies with customers by organizing sales data, tracking leads, forecasting opportunities, and applying AI-driven analytics. Its platform also supports automated quotes, contracts, invoices, and enables personalized customer support at scale.
On October 29, CRM <a href="https://investor.salesforce.com/press-releases/press-release-details/2024/Salesforces-Agentforce-Is-Here-Trusted-Autonomous-AI-Agents-to-Scale-Your-Workforce/default.aspx">announced the launch</a> and general availability of Agentforce, a service on the Salesforce platform that works through building and deploying AI agents for companies to take action for any business function.
With the launch of new services like Agentforce in the prime years of AI development, CRM is making its way into one of the top players in the AI boom and ensuring stable growth prospects for the company.
On September 17, CRM <a href="https://investor.salesforce.com/press-releases/press-release-details/2024/Salesforce-and-NVIDIA-Forge-Strategic-Collaboration-to-Advance-AI-Agent-Innovation/default.aspx">announced a strategic collaboration</a> with NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>) to deliver optimized predictive and generative AI workflows by bringing together the NVIDIA AI platform with the Salesforce Platform and Agentforce.
The collaboration brings in new avenues for CRM to develop and supercharge its AI performance and provide more engaging, intelligent, and immersive experience to its customers.
CRM's total revenue for the fiscal 2025 second quarter, which ended July 31, 2024, increased 8.4% year-over-year to $9.33 billion. Its non-GAAP income from operations rose 15.5% from the year-ago value to $3.14 billion.
In addition, the company's non-GAAP net income and non-GAAP net income per share increased 19.1% and 20.8% from the prior year's period to $2.50 million and $2.56, respectively.
The consensus revenue and EPS estimates of $9.35 billion and $2.45 for the fiscal 2025 third quarter ending October 2024 reflect a rise of 7.2% and 15.9% year-over-year, respectively. Furthermore, the company surpassed the consensus EPS estimates in each of the trailing four quarters.
CRM's stock has surged 15.6% over the past three months and 52.1% over the past year to close the last trading session at $298.89.
CRM's POWR Ratings reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Sentiment and Quality. It is ranked #17 out of 130 stocks in the <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry.
<a href="https://stocknews.com/stock/CRM/">Click here</a> to check out CRM's ratings for Growth, Value, Momentum, and Stability.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
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<hr />
GOOGL shares rose $11.27 (+6.64%) in premarket trading Wednesday. Year-to-date, GOOGL has gained 21.77%, versus a 23.55% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/googl-amzn-crm-nvda-mdb-box-3-cloud-computing-stocks-leading-the-digital-revolution/>3 Cloud Computing Stocks Leading the Digital Revolution</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cloud Computing Stocks Leading the Digital Revolution

Investing in AI offers significant potential due to its expanding applications across industries, projected growth, and transformative impact, leading to promising returns and market dominance. Therefore, it could be wise to invest in top AI stocks such as Cloudflare (NET), MongoDB (MDB), and Pegasystems (PEGA) before their breakthroughs take off. Read more... AI is rapidly evolving, with its applications expanding across sectors like customer service, cybersecurity, and automation. This transformative potential signals significant future demand, making early investments highly attractive. Against this dynamic backdrop, it could be wise to buy top AI stocks such as Cloudflare, Inc. (<a href="https://stocknews.com/stock/NET/">NET</a>), MongoDB, Inc. (<a href="https://stocknews.com/stock/MDB/">MDB</a>), and Pegasystems Inc. (<a href="https://stocknews.com/stock/PEGA/">PEGA</a>).
AI has revolutionized customer service and engagement across the globe, leveraging tools such as chatbots, predictive models, and sentiment analysis to improve interactions and enhance support, leading to better business outcomes. As adoption continues to rise, global AI spending is expected to exceed $632 billion by 2028, fueled by a <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52530724#:~:text=The%20rapid%20incorporation%20of%20AI,the%202024%2D2028%20forecast%20period.">29% CAGR</a> driven by advancements in AI and generative technologies.
Additionally, AI technology is now enhancing areas such as cybersecurity, personalized marketing, inventory management, and recruitment. Notably, AI-powered robotics are transforming manufacturing and customer service, driving advancements in automation and production efficiency. As a result, the AI market is expected to reach $184 billion in 2024, with a <a href="https://www.statista.com/outlook/tmo/artificial-intelligence/worldwide">28.46% CAGR</a>, growing to $826.7 billion by 2030.
Considering these conducive trends, let's analyze the fundamentals of the three AI picks mentioned above.
Cloudflare, Inc. (<a href="https://stocknews.com/stock/NET/">NET</a>)
NET operates as a cloud services provider, delivering a range of services to businesses worldwide. The company offers an integrated cloud-based security solution to secure various platforms, along with website and application security products. Additionally, it provides website and application performance solutions, a SASE platform, and network services.
On October 18, 2024, NET announced the opening of a new headquarters in Lisbon, Portugal, to strengthen its EMEA operations and support growing customer demand. This expansion highlights NET's commitment to the region and aims to leverage Lisbon's tech talent and strategic location.
On October 8, 2024, NET announced its acquisition of Kivera to enhance proactive cloud security within its Cloudflare One platform. This integration aims to prevent cloud security risks by implementing preventive controls, simplifying secure cloud operations for businesses.
In terms of the trailing-12-month gross profit, NET's 77.53% is 54.4% higher than the 50.23% industry average. Likewise, its 9.08% trailing-12-month Capex / Sales is 345.8% higher than the 2.04% industry average. Its 22.82% trailing-12-month <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered FCF</a> margin is 103.7% higher than the 11.20% industry average.
During the third quarter that ended September 30, 2024, NET's revenues increased 28.2% year-over-year to $430.08 million. The company's non-GAAP gross profit rose 28.3% from the year-ago value to $339.11 million. Moreover, its non-GAAP net income was $72.58 million and $0.20 per share, up 31.3% and 25% from the previous year's quarter, respectively.
Street expects NET's EPS and revenue for the quarter ending December 31, 2024, to increase 19.7% and 24.8% year-over-year to $0.18 and $452.19 million, respectively. It surpassed Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 45.5% to close the last trading session at $92.05.
NET's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #15 out of 20 stocks in the B-rated <a href="https://stocknews.com/category/software-security/">Software - Security</a> industry. It has a B grade for Growth. <a href="https://stocknews.com/stock/NET/">Click here</a> to see NET's ratings for Value, Momentum, Stability, Sentiment, and Quality.
MongoDB, Inc. (<a href="https://stocknews.com/stock/MDB/">MDB</a>)
MDB and its subsidiaries provide a general-purpose database platform worldwide. The company offers MongoDB Atlas, MongoDB Enterprise Advanced, and Community Server.
On August 20, 2024, MDB announced that its Atlas for Government now supports Google Cloud's Assured Workloads, enhancing flexibility and resilience for public sector customers. This makes it the first multi-cloud data platform at FedRAMP Moderate, expanding secure cloud options for government agencies.
In terms of the trailing-12-month levered FCF margin, MDB's 15.99% is 42.7% higher than the 11.20% industry average. Its 74.02% trailing-12-month gross profit margin is 47.4% higher than the 50.23% industry average. Similarly, the stock's 0.63x trailing-12-month asset turnover ratio is 2.5% higher than the 0.61x industry average.
MDB's total revenue for the second quarter, which ended on July 31, 2024, increased 12.8% year-over-year to $478.11 million. Similarly, the company's non-GAAP gross profit grew 9.7% over the prior-year quarter to $360.79 million. Additionally, its non-GAAP net income was $59.04 million, or $0.70 per share.
For the quarter ended October 31, 2024, MDB's revenue is expected to increase 14.5% year-over-year to $495.65 million. Its EPS for the quarter ending April 30, 2025, is expected to grow 17.9% year-over-year to $0.60. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past three months, the stock has gained 24.3% to close the last trading session at $292.
MDB's positive outlook is reflected in its POWR Ratings. It has a B grade for Growth. It is ranked #94 out of 129 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry. To access additional grades for MDB's Value, Momentum, Stability, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/MDB/">click here</a>.
Pegasystems Inc. (<a href="https://stocknews.com/stock/PEGA/">PEGA</a>)
PEGA develops, markets, licenses, hosts, and supports enterprise software in the United States, the rest of the Americas, the United Kingdom, Europe, the Middle East, Africa, and the Asia-Pacific.
On October 29, 2024, PEGA announced Pega Infinity 24.2, introducing enhanced generative AI features to boost enterprise innovation, productivity, and customer engagement. The update includes expanded AI model support, streamlined workflows, and advanced automation tools across customer service, decisioning, and sales platforms.
In terms of the trailing-12-month net income margin, PEGA's 8.29% is 141.1% higher than the 3.44% industry average. Similarly, its 38.32% trailing-12-month Return on Common Equity is 857.5% higher than the 4% industry average. Its 1.06x trailing-12-month asset turnover ratio is 72% higher than the 0.61x industry average.
PEGA's total revenue for the nine months ended September 30, 2024, rose 5% year-over-year to $1.01 billion. For the same period, the company's gross profit stood at $718.04 million, up 7.1% year-over-year. The company's non-GAAP net income and EPS were $122.59 million and $1.38, up 111.3% and 100%, respectively, from the prior year's period.
Analysts expect PEGA's revenue for the quarter ending December 31, 2024, to increase marginally year-over-year to $474.51 million. Likewise, its EPS for the quarter ending March 31, 2025, is expected to rise 14.5% year-over-year to $0.55. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 96.2% to close the last trading session at $88.65.
PEGA's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Sentiment and Quality. Within the B-rated <a href="https://stocknews.com/category/software-business/">Software - Business</a> industry, it is ranked #13 out of 39 stocks. To see PEGA's Growth, Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/PEGA/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
NET shares were trading at $90.91 per share on Tuesday afternoon, down $2.32 (-2.49%). Year-to-date, NET has gained 9.19%, versus a 26.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/net-mdb-pega-3-ai-stocks-to-buy-before-their-breakthroughs-take-off/>3 AI Stocks to Buy Before Their Breakthroughs Take Off</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 AI Stocks to Buy Before Their Breakthroughs Take Off

Barclays analyst Raimo Lenschow maintained a Buy rating on MongoDB (MDB – Research Report) today and set a price target of $345.00. The company's s...

MongoDB (MDB): New Buy Recommendation for This Technology Giant

Barclays analyst Raimo Lenschow raised the firm's price target on MongoDB (MDB) to $345 from $290 and keeps an Overweight rating on the shares as p...

MongoDB price target raised to $345 from $290 at Barclays

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Unusually active option classes on open November 21st

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On Mission to Upskill 500,000 Students, MongoDB Partners With Ministry of Education's All India Council for Technical Education

Pomerantz Law Firm Announces the Filing of a Class Action Against MongoDB, Inc. – MDB

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MongoDB, Inc. Announces Date of Third Quarter Fiscal 2025 Earnings Call

MongoDB Deepens Relationship with Microsoft through New Integrations for AI and Data Analytics and Microsoft Azure Arc Support

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