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How to Buy Mongodb Stock

Mongodb Inc

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

Mongodb stock last closed at $327.47, down 2.41% from the previous day, and has increased 42.22% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.31 percentage points. Mongodb stock is currently +54.09% from its 52-week low of $212.52, and -35.74% from its 52-week high of $509.62.

There are currently 72.83M MDB shares outstanding. The market capitalization of MDB is $23.85B. In the last 24 hours, 1.35M MDB shares were traded.

How to Buy Mongodb Stock

Not sure how to invest in Mongodb stock? Here's how.
  1. Decide where to buy Mongodb stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Mongodb stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your details.
  4. Research Mongodb stock: The Mongodb ticker symbol is MDB. Is Mongodb stock a good investment? Should you buy shares of MDB? How do MDB's underlying business fundamentals look? Do top analysts think Mongodb is a good buy? Why has MDB's stock price moved recently? (Hint: Our stock analysis website can help you figure out if MDB is a good stock to buy).
  5. Make your MDB purchase: Decide if you will purchase MDB shares at the current market price or use a limit order to purchase MDB stock at a specific price.
  6. Get the latest news on your investment in MDB: Create a watchlist to key updates about your new investment in Mongodb shares.

Step 1: Decide where to buy Mongodb stock

You will need a brokerage account in order to access the NASDAQ market and buy MDB shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal details so you are able to invest in MDB today.

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  2. Provide your personal info to open a new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've finished signing up on the best stock trading app for beginners, you need to deposit funds:

Watch the walkthrough below to see the process of transferring funds into your brokerage account.

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Step 4: Research Mongodb stock

After you have identified the best place to buy Mongodb stock, it's important to analyze their stock before you invest, so you actually understand the risk and upside.

Overview of key MDB info

MDB Price
$327.47
1w %
-6.98%
1y %
42.22%
5y %
151.11%
P/E
-132.04x
P/B
22.31x
P/S
13.86x
PEG
N/A
Revenue
$1.68B
Earnings
-$176.60M
Fore. Rev. Growth
20.76%
Fore. Earn. Growth
N/A
Market Cap
$23.85B
Next Earnings
May 30, 2024
Next Dividend
N/A

Fundamentals of Mongodb

WallStreetZen was designed to help part-time investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on MDB's stock page.

Is MDB stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MDB's true value.

Using relative valuations metrics:

  • MDB may be overvalued based on its P/B ratio of 22.31x, relative to Software - Infrastructure industry P/B ratio of 11.48x

You can access additional valuation analysis on MDB's stock here.

How do MDB Financials look?

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the MDB balance sheet.
  • MDB profit margin has gone up from -26.9% to -10.5% in the past year.
  • Total MDB debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the MDB balance sheet.

Failed Health Checks:

  • MDB has a relatively high debt to equity ratio of 1.68.
  • MDB's operating cash flow of $121.48M allows it to safely service it's debt of $1.18B.
  • MDB earnings of -$154.13M is not enough to cover its interest payments.

Is Mongodb stock a Buy, Hold, or Sell, according to analysts?

Out of 22 Wall Street analysts who track MDB, the consensus analyst rating on Mongodb is a Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent MDB Analyst Forecasts

Firoz Valliji, a top 39% analyst from Bernstein maintains MDB with a buy rating and raises their MDB price target from $484.00 to $491.00, on Mar 11, 2024.

Patrick Walravens, a bottom 4% analyst from JMP Securities reiterates MDB with a buy rating and maintains their MDB price target from $440.00 to $440.00, on Mar 8, 2024.

Brad Sills, a top 3% analyst from Bank of America maintains MDB with a strong buy rating and lowers their MDB price target from $555.00 to $500.00, on Mar 8, 2024.

David Hynes, a top 11% analyst from Canaccord Genuity maintains MDB with a strong buy rating and lowers their MDB price target from $450.00 to $435.00, on Mar 8, 2024.

Rishi Jaluria, a bottom 4% analyst from RBC Capital reiterates MDB with a buy rating and maintains their MDB price target from $475.00 to $475.00, on Mar 8, 2024.

You can dig deeper into what analysts are forecasting on the Mongodb stock forecast page.

MDB Technicals

SMA10
348.64
SMA20
350.86
SMA50
393.86
SMA100
399.91
SMA200
385.77
MACD
-12.47
MACD Signal
-12.55
MACD Histogram
0.08
RSI
30.29
Stochastic %K
9.9
Stochastic %D
21.09
StochRSI %K
33.7
StochRSI %D
49.31

How is MDB performing as a company?

Last year, MDB revenue was $1.68B. In the past 5 year, MDB's revenue has increased by 44.51% per year. This was faster than the Software - Infrastructure industry average of 16.98%.

You can research MDB's earnings and revenue performance here.

Are MDB executives and large shareholders buying or selling the stock?

Over the past year, insiders at MDB have sold more shares than they have bought.

Dwight A. Merriman, Director of MDB, was the latest MDB insider to sell. They sold $730,000.00 worth of MDB shares on Apr 8, 2024.

Dig into more about who owns MDB shares here.

Does MDB stock generate passive income?

No, Mongodb doesn't provide an income stream by paying out dividends.

What do other traders have to say about MDB?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your MDB purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, place a limit order.

Hit the Open button and your broker will execute your order.

If you want more help investing in stocks on eToro, watch the helpful video below:

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Step 6: Get the latest news on your investment in MDB

Now that you own some shares in MDB, you'll want to keep up with your new investment.

Create a watchlist to get alerted to the latest events about your MDB stock.

MDB Feed

How to Buy Stock in Mongodb

To summarize, here are the 6 steps to buy Mongodb stock:

  1. Decide where to buy Mongodb stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Mongodb stock
  5. Make your MDB purchase
  6. Get the latest news on your investment in MDB

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Mongodb, hit the button below to create your watchlist.

NASDAQ: MDB
$327.47-8.08 (-2.41%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: MDB
$327.47-8.08 (-2.41%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mongodb share?

As of Apr 19, 2024, it costs $327.47 to buy one share of Mongodb stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.305 shares of MDB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Mongodb stock?

According to 22 Wall Street analysts who monitor Mongodb, their consensus recommendation is to buy Mongodb stock.

What is the best way to buy Mongodb stock?

One way to place an order for Mongodb stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.