MongoDB Trading Volume Plummets 78% to 246th Rank
Market BriefMonday, May 19, 2025 8:12 pm ET
1min readOn May 19, 2025,
(MDB) experienced a significant drop in trading volume, with a total of $330 million in shares traded, marking a 78.06% decrease from the previous day. This decline placed MongoDB at the 246th position in terms of trading volume for the day. The stock price of MongoDB also decreased by 1.19%.MongoDB is currently rated as a #3 (Hold) by analysts, with its Most Accurate Estimate sitting at $0.66 per share, just 10 days ahead of its upcoming earnings release on May 29, 2025.
Several analysts have recently issued reports on MongoDB. Bank of America decreased their target price on MongoDB from $420.00 to $286.00 and maintained a "buy" rating. Oppenheimer also reduced their target price on MongoDB from $400.00 to $330.00 and set an "outperform" rating.
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