148.01 -2.18 (-1.45%)
After hours: 6:43PM EST
|Bid||149.00 x 900|
|Ask||151.00 x 1200|
|Day's Range||141.65 - 154.91|
|52 Week Range||95.30 - 184.78|
|Beta (5Y Monthly)||-0.02|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 16, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||165.38|
MongoDB, Inc. (NASDAQ: MDB), the leading, modern, general purpose database platform, today announced it has appointed Mark Porter to its Board of Directors. Porter is currently the Chief Technology Officer of Grab, an on-demand transportation, food, package delivery, digital payments, and financial services company in Southeast Asia, and has been a pioneer in the database industry for decades.
MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced that its Chief Operating Officer and Chief Financial Officer, Michael Gordon, will present at the Goldman Sachs Technology and Internet Conference in San Francisco, CA.
MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced that its Chief Operating Officer and Chief Financial Officer, Michael Gordon, and its Vice President of Finance and Business Operations, Serge Tanjga, will present at the 2020 Needham Growth Conference in New York, NY.
MongoDB, Inc. ("MongoDB") (Nasdaq: MDB), the leading modern, general purpose database platform, today announced the pricing of $1.0 billion aggregate principal amount of 0.25% convertible senior notes due 2026 (the "notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The aggregate principal amount of the offering was increased from the previously announced offering size of $750.0 million. MongoDB also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $150.0 million aggregate principal amount of notes. The sale of the notes is expected to close on January 14, 2020, subject to customary closing conditions.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
MongoDB, Inc. ("MongoDB") (Nasdaq: MDB), the leading modern, general purpose database platform, today announced that it intends to offer, subject to market conditions and other factors, $750.0 million aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). MongoDB also intends to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $112.5 million aggregate principal amount of notes.
Today we will run through one way of estimating the intrinsic value of MongoDB, Inc. (NASDAQ:MDB) by taking the...
Stocks wavered on Tuesday, as reports signaled that the U.S. may not apply new tariffs on China on December 15th. Still, equities were mixed as a bevy of headlines continue to hit the wires. Let's look at a few top stock trades in the meantime. Top Stock Trades for Tomorrow No. 1: Canopy Growth (CGC)Source: Chart courtesy of StockCharts.comWe've looked at the daily charts a number of times for Canopy Growth (NYSE:CGC). Let's look at a weekly one instead.Investors can see how $15 played a vital role during last month's meltdown, just as the 200-week moving average is now playing a role as resistance. $22.50 has also acted as a ceiling on CGC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the plus side, shares are above the 10-week moving average and downtrend resistance (blue line), the latter of which has been in play since summer. * 10 Best-Performing Growth Stocks of the 2010s So what now? I'd love to see a move over $22.50, which could trigger a longer-term breakout. On the downside, let's see if shares can stay above $17.50. Moving below that level puts the $15 level back on watch. Top Stock Trades for Tomorrow No. 2: Dave & Buster's (PLAY)Source: Chart courtesy of StockCharts.comI'm also using a weekly chart for Dave & Buster's (NASDAQ:PLAY). After getting hammered from $50 down to $40 in June, shares have been consolidating between $37.50 and $42.50.That's a relatively tight range, but it also sets up an excellent trading scenario. Over $42.50 opens the door to PLAY's major moving averages, between $45 and $48. Above the latter and downtrend resistance (blue line) near $52 is in play.On the downside, a move below $37.50 could send shares down into no man's land. There's a multi-year low down near $29, with a Fibonacci extension near $32. Top Stock Trades for Tomorrow No. 3: MongoDB (MDB)Source: Chart courtesy of StockCharts.comMongoDB (NASDAQ:MDB) shares were initially higher after reporting earnings, but those morning gains have since evaporated. In fact, the price action has turned rather ugly on Tuesday.The stock opened at $144.77, ticked higher by three cents, then plunged lower throughout the session. In doing so, MDB knifed right through its 20-day, 50-day and 200-day moving averages.It's really not a good look.Now, shares face the backside of prior downtrend resistance. If it holds as support, see if MDB can reclaim its major moving averages on the upside. If it can, it puts $145-plus back on the table.Should support fail to hold, look for a possible test of $115. That area was clear support in September and October. Below there, MDB could fill its gap down toward $105. Top Stock Trades for Tomorrow No. 4: Peloton (PTON)Source: Chart courtesy of StockCharts.comPeloton (NASDAQ:PTON) just can't seem to stay out of the news. This time, it's as Citron takes a swing at the stock, assigning a 2020 price target of $5.For now, PTON continues to put in higher lows (blue line), while struggling with $35. Above $35 could trigger a breakout to $37, where it faces its former highs. Above that and $40 is on the table.Below uptrend support and the 20-day moving average will be bulls' next line of defense. Below that and the $29 IPO price is on the table. Top Stock Trades for Tomorrow No. 5: GameStop (GME)Source: Chart courtesy of StockCharts.comGameStop (NYSE:GME) has really struggled this year, but the damage was a lot worse in August when shares hit a low of $3.15.The company will report earnings on Tuesday after the close. Ahead of the results, shares are struggling with the 200-day moving average, while maintaining above the 50-day moving average.The setup now is simple: Moving over the 200-day moving average could squeeze shares up toward $7.75 to try and fill the June gap. A move below the 50-day at $5.89 could send shares to $5, a pivotal level over the last six months.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best-Performing Growth Stocks of the 2010s * 10 Stocks With Little or No Debt to Own for the Next 50 Years * 5 Restaurant Stocks Dominating Holiday Season Foot Traffic The post 5 Top Stock Trades for Wednesday: CGC, PLAY, MDB appeared first on InvestorPlace.
MongoDB's (MDB) third-quarter fiscal 2020 results benefit from solid top-line growth, driven by robust demand for Atlas and strong growth in Enterprise Advanced customers.
MongoDB (MDB) delivered earnings and revenue surprises of 7.14% and 9.74%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
MongoDB Inc. shares rallied in the extended session Monday after the database company's results and outlook topped Wall Street estimates. MongoDB shares rallied 6% after hours, following a 0.1% decline in the regular session to close at $131.01. The company reported a third-quarter loss of $42.4 million, or 75 cents a share, compared with $22.5 million, or 43 cents a share, in the year-ago period. The adjusted loss was 26 cents a share. Revenue rose to $109.4 million from $71.8 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 28 cents a share on revenue of $99.7 million. MongoDB expects a loss of 29 cents to 27 cents a share on revenue of $109 million to $111 million for the fourth quarter, and $1.04 to $1.02 a share on revenue of $407.2 million to $409.2 million for the year. Analysts expect a loss of 30 cents a share on revenue of $105.6 million for the fourth quarter, and $1.07 a share on revenue of $394.2 million for the year.
MongoDB, Inc. (NASDAQ: MDB), the leading, modern general purpose database platform, today announced its financial results for the third quarter ended October 31, 2019.
MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced that its Chief Operating Officer and Chief Financial Officer, Michael Gordon, and its Vice President of Finance and Business Operations, Serge Tanjga, will present at two upcoming conferences: the UBS Global TMT Conference in New York, NY and the Barclays Global Technology, Media and Telecommunications Conference in San Francisco, CA.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 26% in 2019 (through November 22nd). Conversely, hedge […]
MongoDB, Inc. (NASDAQ: MDB), the leading, modern, general-purpose database platform, today announced a number of new features for its global cloud database, MongoDB Atlas, that make it seamless for users to deploy and run the service on Amazon Web Services (AWS). Across all industries, businesses are increasingly opting to run their database in the cloud as a managed service in order to take advantage of the inherent benefits of cloud computing and keep their developer teams focused on driving value, not administrative database tasks.
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.
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NEW YORK , Nov. 21, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced it will report its third quarter fiscal year 2020 financial ...
NEW YORK, Nov. 20, 2019 /PRNewswire/ -- MongoDB, Inc. (MDB), the leading, modern, general purpose database platform, today announced it has appointed Francisco (Frank) D'Souza to the company's Board of Directors. D'Souza is a veteran entrepreneur and tech executive who co-founded Cognizant, one of the world's leading professional services companies, and was its Chief Executive Officer for more than a decade. Currently, D'Souza is Vice Chairman of Cognizant's Board of Directors.
MongoDB (NASDAQ: MDB) shares are trading higher after the company reported a partnership with Alibaba (NYSE: BABA). Users of Alibaba Cloud's platform offering will have access to the latest MongoDB features and capabilities, backed by support from Alibaba Cloud and MongoDB. "Not only is China one of the largest markets for database software, but there also has been enormous adoption of MongoDB in this market,” said said Dev Ittycheria, CEO of MongoDB.
The partnership allows customers to easily adopt and consume MongoDB-as-a-Service through Alibaba Cloud NEW YORK , Oct. 30, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading, modern, general ...