MongoDB (NASDAQ:MDB) Issues FY 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.440-2.620 for the period, compared to the consensus earnings per share 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.

MongoDB Trading Up 3.8 %

NASDAQ MDB traded up $9.75 during trading on Wednesday, reaching $264.13. The company’s stock had a trading volume of 3,417,475 shares, compared to its average volume of 1,606,312. The firm has a 50 day moving average price of $263.28 and a 200 day moving average price of $275.36. MongoDB has a 12 month low of $212.74 and a 12 month high of $428.91. The firm has a market capitalization of $19.67 billion, a price-to-earnings ratio of -96.40 and a beta of 1.30.

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

Analyst Ratings Changes

A number of brokerages recently commented on MDB. The Goldman Sachs Group raised their price target on MongoDB from $340.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. KeyCorp boosted their target price on shares of MongoDB from $330.00 to $375.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Morgan Stanley increased their price target on shares of MongoDB from $340.00 to $350.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 10th. Robert W. Baird boosted their price objective on shares of MongoDB from $380.00 to $390.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Finally, Monness Crespi & Hardt upgraded MongoDB from a “sell” rating to a “neutral” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, MongoDB presently has a consensus rating of “Moderate Buy” and an average target price of $361.83.

Insider Transactions at MongoDB

In other MongoDB news, CEO Dev Ittycheria sold 8,335 shares of MongoDB stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $254.86, for a total value of $2,124,258.10. Following the completion of the sale, the chief executive officer now directly owns 217,294 shares in the company, valued at approximately $55,379,548.84. The trade was a 3.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Thomas Bull sold 169 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $39,561.21. Following the transaction, the chief accounting officer now owns 14,899 shares in the company, valued at $3,487,706.91. The trade was a 1.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 47,314 shares of company stock worth $12,525,863 over the last three months. 3.60% of the stock is owned by company 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.