MongoDB (NASDAQ:MDB – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.630-0.670 for the period, compared to the consensus EPS estimate of 0.630. The company issued revenue guidance of $524.0 million-$529.0 million, compared to the consensus revenue estimate of $526.1 million. MongoDB also updated its FY 2026 guidance to 2.440-2.620 EPS.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on MDB shares. Cantor Fitzgerald assumed coverage on shares of MongoDB in a research report on Wednesday. They set an “overweight” rating and a $344.00 target price for the company. Macquarie assumed coverage on MongoDB in a research report on Thursday, December 12th. They set a “neutral” rating and a $300.00 price objective for the company. Oppenheimer increased their target price on MongoDB from $350.00 to $400.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Morgan Stanley dropped their price target on MongoDB from $350.00 to $315.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, KeyCorp upped their price objective on MongoDB from $330.00 to $375.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-four have issued a buy rating to the stock. Based on data from MarketBeat.com, MongoDB has an average rating of “Moderate Buy” and an average target price of $340.52.
Get Our Latest Analysis on MDB
MongoDB Stock Performance
MongoDB (NASDAQ:MDB – Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm had revenue of $548.40 million for the quarter, compared to the consensus estimate of $519.65 million. During the same period in the previous year, the business posted $0.86 earnings per share. Analysts forecast that MongoDB will post -1.78 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, CFO Michael Lawrence Gordon sold 1,245 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $234.09, for a total transaction of $291,442.05. Following the completion of the sale, the chief financial officer now directly owns 79,062 shares in the company, valued at approximately $18,507,623.58. This trade represents a 1.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Cedric Pech sold 287 shares of MongoDB stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total transaction of $67,183.83. Following the completion of the transaction, the insider now owns 24,390 shares in the company, valued at approximately $5,709,455.10. This trade represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 50,314 shares of company stock worth $13,337,753. 3.60% of the stock is owned by corporate 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.
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