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Director Cochran Hope F of MongoDB , Inc. (NASDAQ:MDB) sold 1,174 shares of Class A Common Stock on June 17, 2025, at a price of $201.08, totaling $236,067. According to InvestingPro analysis, MongoDB is currently trading slightly below its Fair Value, with analysts setting price targets ranging from $170 to $395. On the same day, Cochran also exercised options to acquire 2,937 shares of Class A Common Stock at $7.58, for a total value of $22,262.
The sale adjusted Cochran’s direct ownership in MongoDB to 21,096 shares. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan.
In other recent news, MongoDB reported impressive first-quarter financial results, with revenue reaching $549 million, a 22% increase year-over-year, surpassing the consensus estimate of $528 million. The company’s Atlas platform demonstrated strong performance, with a 26% year-over-year growth, contributing to the overall positive outlook. Following these results, Citi raised its price target for MongoDB to $395, while maintaining a Buy rating, and Goldman Sachs increased its target to $270, also maintaining a Buy rating. Additionally, Bernstein SocGen Group raised its price target to $319, reflecting confidence in MongoDB’s potential for further growth.
Mizuho (NYSE:MFG) analysts increased their price target to $210 from $190, maintaining a Neutral rating, noting the strategic fit of MongoDB’s recent acquisition of Voyage AI. Despite a projected decline in enterprise agreements, MongoDB’s management remains optimistic about Atlas’ growth potential. Cantor Fitzgerald continues to rate MongoDB stock as Overweight, citing a robust start to fiscal year 2026 and a significant recovery in consumption trends. MongoDB’s CFO has expressed confidence in the company’s ability to balance growth investments while scaling operations effectively.
Analysts have highlighted MongoDB’s increased focus on margins and a recent $800 million expansion of its buyback authorization. As MongoDB continues to adapt to an uncertain macroeconomic environment, analysts see potential for significant growth, particularly in the second half of the year. MongoDB’s ongoing go-to-market initiatives and strategic shifts towards enterprise customers are expected to support sustainable growth.
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