MongoDB (NASDAQ:MDB) Announces Quarterly Earnings Results

MongoDB (NASDAQ:MDB) issued its quarterly earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45), Zacks reports. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The firm had revenue of $548.40 million for the quarter, compared to analyst estimates of $519.65 million. During the same quarter last year, the firm earned $0.86 earnings per share. MongoDB updated its Q1 2026 guidance to 0.630-0.670 EPS and its FY 2026 guidance to 2.440-2.620 EPS.

MongoDB Price Performance

MongoDB stock traded down $60.93 during midday trading on Thursday, hitting $203.20. The company’s stock had a trading volume of 8,253,887 shares, compared to its average volume of 1,631,160. The company has a 50-day moving average price of $263.70 and a two-hundred day moving average price of $275.28. MongoDB has a 1-year low of $200.04 and a 1-year high of $424.00. The company has a market cap of $15.13 billion, a price-to-earnings ratio of -74.14 and a beta of 1.30.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. China Renaissance initiated coverage on shares of MongoDB in a report on Tuesday, January 21st. They issued a “buy” rating and a $351.00 price target on the stock. Barclays cut their target price on shares of MongoDB from $330.00 to $280.00 and set an “overweight” rating for the company in a research report on Thursday. UBS Group set a $350.00 price objective on MongoDB in a report on Tuesday. Wedbush lowered their target price on MongoDB from $360.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Loop Capital cut their price target on MongoDB from $400.00 to $350.00 and set a “buy” rating for the company in a research note on Monday. One analyst has rated the stock with a sell rating, six have given a hold rating and twenty-four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.74.

Insider Transactions at MongoDB

In other news, insider Cedric Pech sold 287 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $67,183.83. Following the completion of the sale, the insider now owns 24,390 shares of the company’s stock, valued at approximately $5,709,455.10. This represents a 1.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Thomas Bull sold 1,000 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $355.92, for a total value of $355,920.00. Following the sale, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at approximately $5,363,002.56. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 50,314 shares of company stock valued at $13,337,753. 3.60% of the stock is currently owned by company insiders.

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.