MongoDB (NASDAQ:MDB) Releases Q2 2027 Earnings Guidance

MongoDB (NASDAQ:MDB) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 1.580-1.610 for the period, compared to the consensus EPS estimate of 0.960. The company issued revenue guidance of $729.0 million-$734.0 million, compared to the consensus revenue estimate of $699.2 million. MongoDB also updated its FY 2027 guidance to 5.950-6.140 EPS.

MongoDB Stock Performance

Shares of NASDAQ:MDB traded up $31.22 during mid-day trading on Thursday, reaching $325.68. 8,858,026 shares of the company’s stock were exchanged, compared to its average volume of 1,908,757. The firm has a market capitalization of $26.17 billion, a price-to-earnings ratio of -370.09 and a beta of 1.48. The business’s fifty day moving average price is $271.03 and its 200-day moving average price is $333.98. MongoDB has a twelve month low of $182.43 and a twelve month high of $444.72.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Thursday, May 28th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.14. The company had revenue of $687.62 million for the quarter, compared to analyst estimates of $664.53 million. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. Analysts predict that MongoDB will post -0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on MDB shares. DA Davidson cut their price target on shares of MongoDB from $465.00 to $385.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Rosenblatt Securities reiterated a “buy” rating and set a $385.00 price target on shares of MongoDB in a report on Tuesday. Wedbush cut their price target on shares of MongoDB from $440.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, March 3rd. UBS Group cut their price target on shares of MongoDB from $440.00 to $275.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Finally, Weiss Ratings lowered shares of MongoDB from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, April 29th. Twenty-six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $374.13.

Insider Buying and Selling at MongoDB

In related news, Director Hope F. Cochran sold 1,566 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total value of $390,450.78. Following the transaction, the director owned 24,093 shares in the company, valued at $6,007,107.69. The trade was a 6.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dwight A. Merriman sold 10,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $297.99, for a total transaction of $2,979,900.00. Following the completion of the transaction, the director owned 993,316 shares in the company, valued at approximately $295,998,234.84. The trade was a 1.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 31,566 shares of company stock worth $8,744,791. 2.60% of the stock is owned by company insiders.

Trending Headlines about MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB beat Wall Street expectations in Q1, reporting adjusted EPS of $1.32 versus $1.18 expected and revenue of $687.6 million versus $664.5 million forecast, signaling solid execution and continued demand for its platform. Article Title
• Positive Sentiment: The company raised full-year FY2027 guidance, with EPS now projected at $5.95-$6.14 versus $4.58 expected and revenue guided to roughly $2.9 billion-$3.0 billion, above consensus. Article Title
• Positive Sentiment: MongoDB also lifted Q2 FY2027 guidance, forecasting EPS of $1.58-$1.61 and revenue of $729-$734 million, both well ahead of analyst expectations. Article Title
• Positive Sentiment: Management said growth was driven by strength in Atlas, enterprise adoption, and emerging AI-related use cases, reinforcing the bullish growth narrative for MDB. Article Title
• Neutral Sentiment: Canaccord Genuity raised its price target on MongoDB to $400 and reiterated a buy rating, which adds to positive sentiment but does not change fundamentals directly. Article Title

Institutional Investors Weigh In On MongoDB

Several hedge funds and other institutional investors have recently bought and sold shares of MDB. Geneos Wealth Management Inc. increased its stake in MongoDB by 79.7% in the second quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock valued at $46,000 after purchasing an additional 98 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new stake in MongoDB in the fourth quarter valued at $84,000. Hollencrest Capital Management increased its stake in MongoDB by 129.2% in the fourth quarter. Hollencrest Capital Management now owns 275 shares of the company’s stock valued at $115,000 after purchasing an additional 155 shares in the last quarter. State of Wyoming increased its stake in MongoDB by 82.1% in the second quarter. State of Wyoming now owns 641 shares of the company’s stock valued at $135,000 after purchasing an additional 289 shares in the last quarter. Finally, Quadrant Capital Group LLC bought a new stake in MongoDB in the third quarter valued at $156,000. 89.29% of the stock is owned by institutional investors.

About MongoDB

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.