|Bid||135.50 x 900|
|Ask||135.93 x 1100|
|Day's Range||129.71 - 136.08|
|52 Week Range||62.30 - 184.78|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||169.69|
(Bloomberg) -- Shares of some of this year’s highest-flying software stocks tumbled Monday as investors re-evaluate this year’s rally in light of the premium valuations their rapid revenue growth commands.Data-management software developer Alteryx Inc. plunged as much as 15%, while cybersecurity firm Crowdstrike Holdings Inc. sank 13%. They have been among 2019’s top performers, more than doubling since the start of the year. Both had revenue growth that exceeded 70% in the second quarter and trade at more than 20 times estimated sales, according to data compiled by Bloomberg. The average for the S&P 500 Software Index is about 7 times.Enterprise-software companies have been among the standout gainers in the S&P 500 this year, as investors have been have been willing to pay higher prices for faster revenue expansion amid concerns about slowing global growth. They’ve also been helped by limited China exposure, which has increased their appeal amid the Sino-American trade war. Monday’s slump comes after the broader market retraced almost all of its August losses as trade and economic worries eased.“Most of the names getting hit are high-multiple names that have had impressive run ups,” said Rishi Jaluria, a D.A. Davidson analyst. “This suggests some level of profit taking.”Other notable decliners on Monday include:Fastly Inc. -16%Slack Technologies Inc. -12%MongoDB Inc. -11%Pagerduty Inc. -11%Zoom Video Communications Inc. -9.6%Okta Inc. -11%Twilio Inc. -10%Coupa Software Inc. -11%Trade Desk Inc. -11%Shopify Inc. -7.8%(Adds S&P 500 Software Index average multiple in second pargraph.)To contact the reporter on this story: Jeran Wittenstein in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Richard RichtmyerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
President & CEO of Mongodb Inc (30-Year Financial, Insider Trades) Dev Ittycheria (insider trades) sold 23,000 shares of MDB on 09/03/2019 at an average price of $150.5 a share. Continue reading...
Mongodb Inc (NASDAQ: MDB) shares sank more than 9% on Thursday after the company reported a mixed second quarter on Wednesday afternoon. MongoDB’s adjusted EPS in the quarter was a loss of 26 cents, missing consensus estimates by 2 cents. MongoDB said subscription revenue was up 71% and services revenue was up 15% compared to a year ago.
MongoDB (MDB) delivered earnings and revenue surprises of 7.14% and 8.87%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Second Quarter Fiscal 2020 Total Revenue of $99.4 million , up 67% Year-over-Year Continued Strong Growth with Over 15,000 Customers at July 31, 2019 MongoDB Atlas Revenue 37% of Total Q2 Revenue, up over ...
NEW YORK, Sept. 4, 2019 /PRNewswire/ -- MongoDB, Inc. (MDB), the leading, modern, general purpose database platform, today announced it has appointed Archana Agrawal to the company's Board of Directors. Agrawal is a veteran tech executive with more than 16 years of experience and currently is Head of Enterprise and Cloud Marketing for Atlassian (TEAM), a leading provider of team collaboration and productivity software, where she heads global marketing for all products. Prior to her current role, Agrawal served as Atlassian's Head of Data Science and Growth Marketing, where she helped build and scale the analytics capabilities for the company's high-velocity, low-friction, online distribution model.
On Wednesday, September 4, MongoDB (NASDAQ: MDB ) will release its latest earnings report. Here is Benzinga's outlook for the company. Earnings and Revenue Sell-side analysts are expecting MongoDB's loss ...
NEW YORK , Sept. 3, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced a change to its presentation time at the Deutsche Bank 2019 ...
MongoDB Atlas will be available on Microsoft Azure Marketplace. MongoDB Atlas launched in the summer of 2016 as a fully-managed global cloud database service. It is now available across 26 Azure regions providing service to thousands of customers that depend on MongoDB Atlas to drive their business.
It will be a shortening trading week, but the focus will be on the August jobs report and Federal Reserve Chairman Jerome Powell's speech on Friday.
NEW YORK , Aug. 30, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced that it will present at two upcoming conferences: the Citi ...
MongoDB (MDB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.