Standard Chartered Faces Lawsuit Related to Decade-Old 1MDB Scandal
Standard Chartered is reportedly facing a lawsuit in Singapore filed by liquidators who are trying to recover money from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad (1MDB). [contact-form-7] The lawsuit alleges that Standard Chartered enabled fraud to be committed against 1MDB more than 10 years ago, Reuters reported Tuesday (July 1).
MongoDB Trades at a P/S of 7.08X: Should You Still Buy MDB Stock?
MDB gains ground with strong Q1 results, AI momentum, and raised guidance, justifying its premium valuation.
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Liquidators seeking to recoup misappropriated funds from Malaysia's sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank in the High Court of Singapore, they said in a statement dated June 30.
Wall Street Analysts See a 34.26% Upside in MongoDB (MDB): Can the Stock Really Move This High?
The consensus price target hints at a 34.3% upside potential for MongoDB (MDB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
MongoDB (MDB) Is Considered a Good Investment by Brokers: Is That True?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Wall Street Analysts Think MongoDB (MDB) Could Surge 31.85%: Read This Before Placing a Bet
The mean of analysts' price targets for MongoDB (MDB) points to a 31.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
MongoDB: New CFO, New Story (Rating Upgrade)
I previously rated MongoDB a sell due to valuation, but I now believe I was too harsh. Management has raised fiscal 2026 non-GAAP operating profit guidance, but free cash flow conversion remains a notable weakness. I estimate free cash flow will reach $200 million this year, with potential upside if cost efficiencies materialize.
MongoDB Affirms Outlook and Accelerates Stock Price Reversal
MongoDB's NASDAQ: MDB stock price surged following its FQ1 earnings release, as the results and guidance affirmed the analysts' outlook, prompting them to lift their stock price targets. After a year of waiting for the second wave of AI, the application wave is gaining traction.
MongoDB: Sandbagging Earnings (Rating Upgrade)
Upgrading MongoDB to a buy after strong Q1 results, better-than-expected guidance, and a $1 billion buyback program. MDB consistently beats earnings estimates, with Q1 EPS and revenue smashing both consensus and internal guidance. Valuation remains attractive for a high-growth AI software company, with a forward P/E around 40 and P/S near 7.
MongoDB: Still Attractively Priced, Even After The Recent Run Higher
MongoDB's stock continues to rebound and is now up over 50% from the lows, supported by strong Q1 results. Of note, Atlas revenue growth reaccelerated during the quarter, despite consumption being depressed in April. Concerns over margins, PostgreSQL competition, and a lack of AI exposure are overblown.
MongoDB (MDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for MongoDB (MDB) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
MongoDB shares jump on strong Q1 results and raised outlook
MongoDB Inc (NASDAQ:MDB) shares surged 15.8% on Thursday after the company delivered better-than-expected first-quarter results and raised its full-year guidance. Revenue for the fiscal first quarter rose 22% year over year to $549 million, beating analysts' expectations of $528.1 million.
