Bullish Case: Strong revenue growth, AI and cloud innovation, and strategic Wells Fargo collaboration signal promising market share gains and customer trust.


Bearish Case: Insider selling, disappointing revenue guidance, and security breach concerns cast doubt on near-term stock performance and investor sentiment.


Potential Outcomes: MDB recovers with 40% probability on AI developments; stagnates or dips with 35% likelihood due to guidance concerns; rallies 25% on long-term innovation.


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March 19, 2024


MongoDB Forecast

MDB        MongoDB
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with MDB



AAPL Forecast + Options Trading Strategies   [AAPL]  Apple (0.79)


IYT Forecast + Options Trading Strategies   [IYT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (0.79)


IGV Forecast + Options Trading Strategies   [IGV]  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (0.77)


TTWO Forecast + Options Trading Strategies   [TTWO]  Take-Two Interactive Software (0.77)


CLOU Forecast + Options Trading Strategies   [CLOU]  Global X Funds - Global X Cloud Computing (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to MDB



SEE Forecast + Options Trading Strategies   [SEE]  Sealed Air (0.0)


VRNT Forecast + Options Trading Strategies   [VRNT]  Verint Systems (0.0)


PENN Forecast + Options Trading Strategies   [PENN]  Penn National Gaming (0.0)


EH Forecast + Options Trading Strategies   [EH]  EHang Holdings Ltd - (0.0)


BMRN Forecast + Options Trading Strategies   [BMRN]  Registered Shares (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MDB



IMAX Forecast + Options Trading Strategies   [IMAX]  Imax (-0.66)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.67)


QID Forecast + Options Trading Strategies   [QID]  ProShares UltraShort QQQ (-0.68)


PSQ Forecast + Options Trading Strategies   [PSQ]  ProShares Short QQQ (-0.69)


SPXU Forecast + Options Trading Strategies   [SPXU]  ProShares UltraPro Short S&P 500 (-0.81)





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