MongoDB Q1 EPS Forecast Decreased by Capital One Financial

Key Points

• Capital One Financial has revised its Q1 2027 earnings forecast for MongoDB to a loss of ($0.57) per share, down from the previous estimate of ($0.52).
• Several analysts have raised their price targets for MongoDB, with Piper Sandler increasing its target from $345.00 to $400.00 and JMP Securities raising it from $345.00 to $375.00.
• Insider transactions saw a total of 59,730 shares of MongoDB stock sold recently, with corporate insiders now owning 3.10% of the company’s stock.

MongoDB, Inc. (NASDAQ:MDB - Free Report) - Equities research analysts at Capital One Financial reduced their Q1 2027 earnings per share estimates for shares of MongoDB in a research report issued on Wednesday, September 17th. Capital One Financial analyst C. Murphy now anticipates that the company will earn ($0.57) per share for the quarter, down from their previous estimate of ($0.52). The consensus estimate for MongoDB's current full-year earnings is ($1.78) per share. Capital One Financial also issued estimates for MongoDB's Q2 2027 earnings at ($0.32) EPS, Q3 2027 earnings at ($0.43) EPS, Q4 2027 earnings at ($0.17) EPS and FY2027 earnings at ($1.51) EPS.

A number of other research analysts have also issued reports on MDB. Royal Bank Of Canada reiterated an "outperform" rating and set a $350.00 price target on shares of MongoDB in a research note on Thursday. Wolfe Research lifted their price target on MongoDB from $280.00 to $350.00 and gave the company an "outperform" rating in a research note on Wednesday, August 27th. Stifel Nicolaus increased their price objective on MongoDB from $325.00 to $375.00 and gave the stock a "buy" rating in a research report on Thursday. Stephens began coverage on MongoDB in a report on Friday, July 18th. They issued an "equal weight" rating and a $247.00 target price for the company. Finally, Piper Sandler upped their target price on shares of MongoDB from $345.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $336.83.

MongoDB Stock Performance

NASDAQ:MDB traded up $0.16 during midday trading on Monday, reaching $323.59. The stock had a trading volume of 1,920,967 shares, compared to its average volume of 4,156,311. MongoDB has a 12-month low of $140.78 and a 12-month high of $370.00. The firm has a fifty day simple moving average of $260.02 and a two-hundred day simple moving average of $212.85.

Hedge Funds Weigh In On MongoDB

Several large investors have recently modified their holdings of MDB. Two Sigma Investments LP bought a new position in MongoDB during the fourth quarter worth $768,000. Vident Advisory LLC raised its stake in MongoDB by 25.9% during the fourth quarter. Vident Advisory LLC now owns 1,851 shares of the company's stock worth $431,000 after acquiring an additional 381 shares during the period. Woodline Partners LP bought a new position in MongoDB in the fourth quarter worth about $247,000. GF Fund Management CO. LTD. acquired a new position in MongoDB in the fourth quarter valued at approximately $3,259,000. Finally, Toronto Dominion Bank grew its holdings in shares of MongoDB by 10.8% during the fourth quarter. Toronto Dominion Bank now owns 10,484 shares of the company's stock valued at $2,441,000 after purchasing an additional 1,022 shares during the last quarter. Institutional investors own 89.29% of the company's stock.

Insider Buying and Selling at MongoDB

In related news, CAO Thomas Bull sold 1,000 shares of the business's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $326.25, for a total transaction of $326,250.00. Following the transaction, the chief accounting officer directly owned 11,598 shares of the company's stock, valued at approximately $3,783,847.50. The trade was a 7.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Dev Ittycheria sold 33,320 shares of the company's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $301.29, for a total transaction of $10,038,982.80. Following the completion of the transaction, the chief executive officer owned 203,237 shares of the company's stock, valued at $61,233,275.73. This trade represents a 14.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 59,730 shares of company stock worth $16,441,331. Insiders own 3.10% of the company's stock.

About MongoDB

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.