Cantor Fitzgerald Weighs in on MongoDB FY2026 Earnings

MongoDB, Inc. (NASDAQ:MDB - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for MongoDB in a report released on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey forecasts that the company will earn ($2.12) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $271.00 price target on the stock. The consensus estimate for MongoDB's current full-year earnings is ($1.78) per share.

MongoDB (NASDAQ:MDB - Get Free Report) last posted its quarterly earnings data on Wednesday, June 4th. The company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.65 by $0.35. The firm had revenue of $549.01 million during the quarter, compared to the consensus estimate of $527.49 million. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The firm's revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.51 EPS.

MDB has been the subject of a number of other reports. Monness Crespi & Hardt raised MongoDB from a "neutral" rating to a "buy" rating and set a $295.00 price objective for the company in a research note on Thursday, June 5th. Morgan Stanley cut their price target on shares of MongoDB from $315.00 to $235.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Robert W. Baird reduced their price target on shares of MongoDB from $390.00 to $300.00 and set an "outperform" rating on the stock in a research report on Thursday, March 6th. Piper Sandler raised their price objective on shares of MongoDB from $200.00 to $275.00 and gave the company an "overweight" rating in a research note on Thursday, June 5th. Finally, KeyCorp lowered shares of MongoDB from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Eight equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $282.47.

MongoDB Trading Down 1.9%

MDB stock traded down $4.20 during trading on Tuesday, reaching $213.03. 2,516,797 shares of the stock were exchanged, compared to its average volume of 1,956,564. The firm has a market capitalization of $17.30 billion, a price-to-earnings ratio of -77.75 and a beta of 1.39. The business has a 50 day moving average price of $177.26 and a 200-day moving average price of $228.16. MongoDB has a 1 year low of $140.78 and a 1 year high of $370.00.

Hedge Funds Weigh In On MongoDB

Hedge funds and other institutional investors have recently bought and sold shares of the company. OneDigital Investment Advisors LLC lifted its stake in shares of MongoDB by 3.9% in the 4th quarter. OneDigital Investment Advisors LLC now owns 1,044 shares of the company's stock worth $243,000 after acquiring an additional 39 shares during the period. Avestar Capital LLC raised its stake in shares of MongoDB by 2.0% during the 4th quarter. Avestar Capital LLC now owns 2,165 shares of the company's stock worth $504,000 after buying an additional 42 shares in the last quarter. Aigen Investment Management LP lifted its holdings in shares of MongoDB by 1.4% in the 4th quarter. Aigen Investment Management LP now owns 3,921 shares of the company's stock valued at $913,000 after buying an additional 55 shares during the period. Handelsbanken Fonder AB raised its position in MongoDB by 0.4% in the first quarter. Handelsbanken Fonder AB now owns 14,816 shares of the company's stock worth $2,599,000 after acquiring an additional 65 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its holdings in MongoDB by 4.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,647 shares of the company's stock valued at $383,000 after acquiring an additional 75 shares during the period. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other MongoDB news, insider Cedric Pech sold 1,690 shares of the firm's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $173.26, for a total transaction of $292,809.40. Following the transaction, the insider now directly owns 57,634 shares of the company's stock, valued at approximately $9,985,666.84. This trade represents a 2.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Thomas Bull sold 301 shares of the company's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $173.25, for a total transaction of $52,148.25. Following the completion of the sale, the chief accounting officer now directly owns 14,598 shares of the company's stock, valued at $2,529,103.50. The trade was a 2.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,208 shares of company stock worth $10,167,739 in the last ninety days. 3.10% of the stock is owned by corporate insiders.

MongoDB Company Profile

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.