On May 20, 2025, Loop Capital announced a significant downgrade of MongoDB (MDB, Financial), a prominent player in database management solutions. Analyst Yun Kim revised the stock's rating from "Buy" to "Hold," reflecting a change in the firm's investment outlook for the company.
In conjunction with the downgrade, Loop Capital also revised its price target for MongoDB (MDB, Financial), decreasing it from a prior value of $350.00 to a new target of $190.00. This adjustment represents a substantial decrease of 45.71% in the price target for the stock.
The downgrade and lowered price target suggest a revised growth expectation for MongoDB (MDB, Financial) from Loop Capital, as the firm adjusts its recommendations to align with the current market conditions and performance outlook for the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for MongoDB Inc (MDB, Financial) is $273.14 with a high estimate of $520.00 and a low estimate of $160.00. The average target implies an upside of 44.51% from the current price of $189.01. More detailed estimate data can be found on the MongoDB Inc (MDB) Forecast page.
Based on the consensus recommendation from 37 brokerage firms, MongoDB Inc's (MDB, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MongoDB Inc (MDB, Financial) in one year is $438.57, suggesting a upside of 132.04% from the current price of $189.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MongoDB Inc (MDB) Summary page.
