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MongoDB Stock Downgraded on Slow AI Progress
MDBMongoDB(MDB) Schaeffers Investment Research·2025-05-20 14:29

Group 1 - MongoDB Inc (NASDAQ:MDB) has experienced a 1.5% decline to 186.09followingadowngradefromLoopCapital,whichchangeditsratingfrom"buy"to"hold"andsignificantlyreducedthepricetargetfrom186.09 following a downgrade from Loop Capital, which changed its rating from "buy" to "hold" and significantly reduced the price target from 350 to 190,citingslowingadoptionofitsAIplatformAtlas[1]−Thestockhasbeengraduallyrecoveringsincehittingatwo−yearlowof190, citing slowing adoption of its AI platform Atlas [1] - The stock has been gradually recovering since hitting a two-year low of 140.78 on April 7, but it remains below the 200resistancelevel,withayear−to−datedeclineofapproximately20200 resistance level, with a year-to-date decline of approximately 20% [2] - Despite the recent downgrade, the majority of analysts remain optimistic, with 27 out of 37 analysts maintaining a "buy" or better rating, and a 12-month consensus price target of 273.14, representing a 45% premium to current levels [3] Group 2 - Options traders have shown bullish sentiment over the past 10 weeks, with a 50-day call/put volume ratio of 2.19, ranking higher than 97% of readings from the past year, indicating strong interest in options trading [4] - MongoDB's Schaeffer's Volatility Scorecard (SVS) stands at 90 out of 100, suggesting that the stock has exceeded options traders' volatility expectations over the past year [4]