UPDATE: MongoDB (MDB) PT Raised to $480 at Morgan Stanley as Nosebleed Growth Levels Sustain
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
MongoDB (MDB) Soars on Narrower Q2 Loss, Firms Raise PTs on Accelerating Sales and Atlas Growth
September 3, 2021 7:00 AM EDTShares of MongoDB (NASDAQ: MDB) are trading 13.4% higher in pre-open Friday after the software company smashed analyst estimates for Q2.
MongoDB reported a loss of $0.24 per share, narrower than a loss of $0.39 expected from analysts. Sales for the quarter came in at $198.7 million versus the consensus estimate of $184.2 million.
"MongoDB's second quarter results were exceptionally strong across the board, highlighted by Atlas revenue growth of 83%. Our performance reflects the desire of nearly every business to use a modern application data platform that enables them to accelerate the pace of their digital innovation... More
MongoDB (MDB) PT Raised to $410 at Mizuho Securities
September 3, 2021 6:20 AM EDTMizuho Securities analyst Matthew Broome raised the price target on MongoDB (NASDAQ: MDB) to $410.00 (from $350.00) while maintaining a Neutral rating following earnings.
The analyst commented, "MDB reported very strong F2Q earnings yesterday after the close, comfortably beating our (and the Street's) revenue... More
