MongoDB (NASDAQ:MDB) Releases FY 2026 Earnings Guidance

MongoDB (NASDAQ:MDB - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.940-3.120 for the period, compared to the consensus EPS estimate of 2.650. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion. MongoDB also updated its Q2 2026 guidance to 0.620-0.660 EPS.

Analyst Ratings Changes

Several research firms have recently commented on MDB. Macquarie decreased their price target on shares of MongoDB from $300.00 to $215.00 and set a "neutral" rating on the stock in a research note on Friday, March 7th. UBS Group raised their price objective on shares of MongoDB from $213.00 to $240.00 and gave the company a "neutral" rating in a research note on Thursday. Stifel Nicolaus reduced their price objective on shares of MongoDB from $340.00 to $275.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. 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. Finally, KeyCorp cut shares of MongoDB from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Eight investment analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $282.00.

MongoDB Price Performance

MDB traded up $27.12 during trading on Thursday, hitting $226.85. 9,172,418 shares of the stock traded hands, compared to its average volume of 1,929,479. The firm has a market capitalization of $18.42 billion, a P/E ratio of -82.79 and a beta of 1.40. The firm has a 50-day moving average of $174.22 and a 200 day moving average of $231.03. MongoDB has a 12-month low of $140.78 and a 12-month high of $370.00.

MongoDB (NASDAQ:MDB - Get Free Report) last announced its quarterly earnings results on Wednesday, June 4th. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.35. The business had revenue of $549.01 million during the quarter, compared to analysts' expectations of $527.49 million. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 EPS. As a group, equities analysts predict that MongoDB will post -1.78 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Dev Ittycheria sold 18,512 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $173.26, for a total value of $3,207,389.12. Following the completion of the transaction, the chief executive officer now directly owns 268,948 shares in the company, valued at $46,597,930.48. This trade represents a 6.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Thomas Bull sold 301 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $173.25, for a total transaction of $52,148.25. Following the completion of the transaction, the chief accounting officer now owns 14,598 shares of the company's stock, valued at approximately $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. In the last ninety days, insiders sold 22,203 shares of company stock worth $3,848,569. 3.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in MongoDB stock. Integrated Wealth Concepts LLC boosted its holdings in MongoDB, Inc. (NASDAQ:MDB - Free Report) by 31.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,363 shares of the company's stock after acquiring an additional 327 shares during the quarter. Integrated Wealth Concepts LLC's holdings in MongoDB were worth $239,000 at the end of the most recent quarter. Institutional investors own 89.29% 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.