MongoDB (NASDAQ:MDB) Updates FY 2026 Earnings Guidance

MongoDB (NASDAQ:MDBGet Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.440-2.620 for the period, compared to the consensus EPS estimate of 3.390. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion. MongoDB also updated its Q1 2026 guidance to 0.630-0.670 EPS.

Wall Street Analyst Weigh In

Several brokerages have issued reports on MDB. China Renaissance started coverage on shares of MongoDB in a report on Tuesday, January 21st. They issued a “buy” rating and a $351.00 price target on the stock. Piper Sandler restated an “overweight” rating and set a $425.00 price objective on shares of MongoDB in a research report on Tuesday, December 10th. Cantor Fitzgerald began coverage on MongoDB in a report on Wednesday. They set an “overweight” rating and a $344.00 target price on the stock. UBS Group set a $350.00 price target on MongoDB in a report on Tuesday. Finally, Barclays decreased their price objective on MongoDB from $400.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $361.83.

Read Our Latest Report on MongoDB

MongoDB Price Performance

NASDAQ MDB traded up $9.75 during mid-day trading on Wednesday, hitting $264.13. The company’s stock had a trading volume of 3,624,195 shares, compared to its average volume of 1,606,980. The firm has a market capitalization of $19.67 billion, a P/E ratio of -96.40 and a beta of 1.30. MongoDB has a 52-week low of $212.74 and a 52-week high of $428.91. The stock’s fifty day simple moving average is $263.28 and its two-hundred day simple moving average is $275.36.

MongoDB (NASDAQ:MDBGet Free Report) last issued its earnings results on Monday, December 9th. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.48. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The business had revenue of $529.40 million for the quarter, compared to the consensus estimate of $497.39 million. During the same quarter last year, the firm posted $0.96 EPS. The business’s revenue for the quarter was up 22.3% compared to the same quarter last year. On average, equities analysts forecast that MongoDB will post -1.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Thomas Bull sold 1,000 shares of MongoDB stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $355.92, for a total transaction of $355,920.00. Following the sale, the chief accounting officer now owns 15,068 shares in the company, valued at $5,363,002.56. This trade represents a 6.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Dev Ittycheria sold 8,335 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $267.48, for a total transaction of $2,229,445.80. Following the completion of the transaction, the chief executive officer now owns 217,294 shares of the company’s stock, valued at $58,121,799.12. This trade represents a 3.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,314 shares of company stock worth $12,525,863 over the last quarter. 3.60% of the stock is owned by corporate insiders.

MongoDB Company Profile

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

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Earnings History and Estimates for MongoDB (NASDAQ:MDB)

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