MongoDB FY2026 EPS Forecast Boosted by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has raised its FY2026 EPS estimate for MongoDB to ($1.49), up from a prior estimate of ($2.12), with an "Overweight" rating and a target price of $312.00.
• MongoDB's latest quarterly earnings of $1.00 per share exceeded analysts' expectations of $0.65, marking a revenue increase of 21.8% year-over-year.
• Recent analyst ratings show a consensus of Moderate Buy for MongoDB, with multiple analysts increasing their target prices significantly, ranging up to $345.00.

MongoDB, Inc. (NASDAQ:MDB - Free Report) - Stock analysts at Cantor Fitzgerald boosted their FY2026 earnings estimates for shares of MongoDB in a research note issued on Wednesday, August 27th. Cantor Fitzgerald analyst T. Blakey now anticipates that the company will earn ($1.49) per share for the year, up from their prior forecast of ($2.12). Cantor Fitzgerald has a "Overweight" rating and a $312.00 price target on the stock. The consensus estimate for MongoDB's current full-year earnings is ($1.78) per share.

Other equities analysts have also issued reports about the stock. Truist Financial raised their target price on shares of MongoDB from $275.00 to $330.00 and gave the stock a "buy" rating in a research report on Wednesday. Piper Sandler increased their price objective on shares of MongoDB from $275.00 to $345.00 and gave the company an "overweight" rating in a research note on Wednesday. Oppenheimer increased their price objective on shares of MongoDB from $275.00 to $325.00 and gave the company an "outperform" rating in a research note on Wednesday. The Goldman Sachs Group increased their price objective on shares of MongoDB from $270.00 to $325.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Needham & Company LLC increased their price objective on shares of MongoDB from $270.00 to $325.00 and gave the company a "buy" rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, MongoDB presently has a consensus rating of "Moderate Buy" and a consensus price target of $310.86.

MongoDB Price Performance

Shares of NASDAQ:MDB traded down $2.49 during trading on Friday, reaching $315.61. 5,683,836 shares of the company were exchanged, compared to its average volume of 4,108,121. The firm has a market capitalization of $25.79 billion, a PE ratio of -322.05 and a beta of 1.49. The business's fifty day simple moving average is $222.93 and its 200-day simple moving average is $206.09. MongoDB has a 12-month low of $140.78 and a 12-month high of $370.00.

MongoDB (NASDAQ:MDB - Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.35. The business had revenue of $549.01 million for the quarter, compared to the consensus estimate of $527.49 million. MongoDB had a negative net margin of 3.54% and a negative return on equity of 1.67%. The company's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 EPS. MongoDB has set its FY 2026 guidance at 2.940-3.120 EPS. Q2 2026 guidance at 0.620-0.660 EPS.

Institutional Investors Weigh In On MongoDB

Institutional investors and hedge funds have recently made changes to their positions in the stock. 111 Capital purchased a new position in shares of MongoDB during the fourth quarter worth $390,000. Park Avenue Securities LLC grew its position in shares of MongoDB by 52.6% in the first quarter. Park Avenue Securities LLC now owns 2,630 shares of the company's stock valued at $461,000 after purchasing an additional 907 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of MongoDB by 4.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,748 shares of the company's stock valued at $1,359,000 after purchasing an additional 298 shares during the period. Sowell Financial Services LLC acquired a new stake in shares of MongoDB in the first quarter valued at about $263,000. Finally, Farther Finance Advisors LLC grew its position in shares of MongoDB by 57.2% in the first quarter. Farther Finance Advisors LLC now owns 1,242 shares of the company's stock valued at $219,000 after purchasing an additional 452 shares during the period. 89.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at MongoDB

In other news, CEO Dev Ittycheria sold 8,335 shares of MongoDB stock in a transaction on Monday, July 28th. The shares were sold at an average price of $243.89, for a total transaction of $2,032,823.15. Following the completion of the sale, the chief executive officer directly owned 236,557 shares in the company, valued at approximately $57,693,886.73. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Hope F. Cochran sold 1,174 shares of MongoDB stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $201.08, for a total transaction of $236,067.92. Following the sale, the director owned 21,096 shares of the company's stock, valued at $4,241,983.68. The trade was a 5.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 51,416 shares of company stock worth $11,936,656. Company insiders own 3.10% of the company's stock.

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.