MongoDB Q1 EPS Estimate Decreased by Capital One Financial

MongoDB, Inc. (NASDAQ:MDB) – Capital One Financial cut their Q1 2027 earnings per share estimates for shares of MongoDB in a report issued on Wednesday, September 17th. Capital One Financial analyst C. Murphy now anticipates that the company will post earnings per share of ($0.57) for the quarter, down from their previous forecast of ($0.52). The consensus estimate for MongoDB’s current full-year earnings is ($1.78) per share. Capital One Financial also issued estimates for MongoDB’s Q2 2027 earnings at ($0.32) EPS, Q3 2027 earnings at ($0.43) EPS, Q4 2027 earnings at ($0.17) EPS and FY2027 earnings at ($1.51) EPS.

A number of other brokerages also recently issued reports on MDB. Macquarie lifted their price target on MongoDB from $265.00 to $305.00 and gave the company a “neutral” rating in a report on Thursday, September 18th. JMP Securities lifted their price target on MongoDB from $345.00 to $375.00 and gave the company a “market outperform” rating in a report on Friday, September 19th. Zacks Research upgraded MongoDB to a “hold” rating in a report on Friday, August 8th. Canaccord Genuity Group lifted their price target on MongoDB from $340.00 to $375.00 and gave the company a “buy” rating in a report on Monday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $350.00 price target on shares of MongoDB in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $336.83.

MongoDB Stock Down 1.4%

MDB opened at $318.96 on Monday. The stock’s fifty day moving average is $262.23 and its two-hundred day moving average is $213.58. The company has a market capitalization of $25.95 billion, a P/E ratio of -325.47 and a beta of 1.49. MongoDB has a 52 week low of $140.78 and a 52 week high of $370.00.

Hedge Funds Weigh In On MongoDB

Several institutional investors and hedge funds have recently modified their holdings of MDB. Vanguard Group Inc. increased its stake in shares of MongoDB by 9.5% in the 2nd quarter. Vanguard Group Inc. now owns 8,554,315 shares of the company’s stock valued at $1,796,321,000 after purchasing an additional 744,547 shares in the last quarter. State Street Corp increased its stake in shares of MongoDB by 5.0% in the 2nd quarter. State Street Corp now owns 1,693,194 shares of the company’s stock valued at $355,554,000 after purchasing an additional 80,334 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of MongoDB by 5.2% in the 2nd quarter. Geode Capital Management LLC now owns 1,397,898 shares of the company’s stock valued at $292,597,000 after purchasing an additional 68,611 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of MongoDB by 11.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,271,444 shares of the company’s stock valued at $223,011,000 after purchasing an additional 129,451 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of MongoDB by 2,567.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock valued at $233,435,000 after purchasing an additional 1,069,969 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

Insider Activity at MongoDB

In other MongoDB news, Director Charles M. Hazard, Jr. sold 166 shares of MongoDB stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $310.00, for a total transaction of $51,460.00. Following the completion of the sale, the director owned 14,493 shares of the company’s stock, valued at approximately $4,492,830. The trade was a 1.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Thomas Bull sold 1,000 shares of MongoDB stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $326.25, for a total value of $326,250.00. Following the sale, the chief accounting officer directly owned 11,598 shares of the company’s stock, valued at approximately $3,783,847.50. This represents a 7.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 89,910 shares of company stock worth $26,196,992 in the last quarter. 3.10% of the stock is owned by 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.