MongoDB Jumps as Buyback, Growth Targets, and Bullish Analyst Support Lift Sentiment

MongoDB (MDB) is up 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a continued rebound after MongoDB’s late-September investor day, where management paired stronger long-term growth targets with a larger share repurchase authorization. Sentiment also seems to have been helped by a recent bullish analyst target increase tied to AI-related demand, product expansion, and confidence that the company can keep winning new database workloads.

Details:

MongoDB said at its September 29 investor day that it sees total revenue growth of 20%+ over roughly the next three years, with Atlas growth targeted in the mid-20% range.

The board authorized an additional $1.0 billion of repurchases on September 25, bringing total authorization to $2.0 billion, with more than $1.35 billion still available at the time of the filing.

In its most recent quarterly report, MongoDB posted 30% year-over-year revenue growth to $771.8 million and raised full-year fiscal 2027 guidance, reinforcing the view that demand remains solid.

Scotiabank recently lifted its price target to $450 after investor meetings with management, citing AI production workloads, enterprise agreements, and new products as supportive factors. This could be helping extend the stock’s recovery.

Sources:

MongoDB, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$MDB Insider Trading Activity

$MDB insiders have traded $MDB stock on the open market 100 times in the past 6 months. Of those trades, 0 have been purchases and 100 have been sales.

Here’s a breakdown of recent trading of $MDB stock by insiders over the last 6 months:

DWIGHT A MERRIMAN has made 0 purchases and 50 sales selling 76,000 shares for an estimated $26,003,717.
ROELOF BOTHA has made 0 purchases and 5 sales selling 44,050 shares for an estimated $17,534,802.
DEV ITTYCHERIA has made 0 purchases and 8 sales selling 40,000 shares for an estimated $15,326,486.
MICHAEL J BERRY (Chief Financial Officer) has made 0 purchases and 32 sales selling 10,000 shares for an estimated $3,538,676.
HOPE F COCHRAN has made 0 purchases and 4 sales selling 4,566 shares for an estimated $1,614,702.
CHARLES M JR HAZARD sold 595 shares for an estimated $216,490

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$MDB Hedge Fund Activity

We have seen 485 institutional investors add shares of $MDB stock to their portfolio, and 356 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 1,467,897 shares (+66.9%) to their portfolio in Q2 2026, for an estimated $493,066,602
JERICHO CAPITAL ASSET MANAGEMENT L.P. removed 996,540 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $334,737,786
VALUEACT HOLDINGS, L.P. removed 872,100 shares (-84.0%) from their portfolio in Q2 2026, for an estimated $292,938,390
ARTISAN PARTNERS LIMITED PARTNERSHIP removed 832,991 shares (-67.9%) from their portfolio in Q2 2026, for an estimated $279,801,676
D. E. SHAW & CO., INC. removed 747,342 shares (-51.3%) from their portfolio in Q2 2026, for an estimated $251,032,177
JPMORGAN CHASE & CO added 694,003 shares (+inf%) to their portfolio in Q2 2026, for an estimated $233,115,607
BLACKROCK, INC. added 616,960 shares (+10.8%) to their portfolio in Q2 2026, for an estimated $207,236,864

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$MDB Congressional Stock Trading

Members of Congress have traded $MDB stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $MDB stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 05/14.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$MDB Price Targets

Multiple analysts have issued price targets for $MDB recently. We have seen 23 analysts offer price targets for $MDB in the last 6 months, with a median target of $395.0.

Here are some recent targets:

Miller Jump from Truist Securities set a target price of $400.0 on 07/09/2026
Bradley Sills from B of A Securities set a target price of $450.0 on 06/08/2026
Ivan Feinseth from Tigress Financial set a target price of $515.0 on 06/02/2026
Thomas Blakey from Cantor Fitzgerald set a target price of $416.0 on 05/29/2026
Karl Keirstead from UBS set a target price of $350.0 on 05/29/2026
Steve Koenig from Macquarie set a target price of $315.0 on 05/29/2026
Rudy Kessinger from DA Davidson set a target price of $375.0 on 05/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.