Scotiabank Estimates MongoDB’s FY2026 Earnings (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) – Research analysts at Scotiabank issued their FY2026 EPS estimates for MongoDB in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Colville anticipates that the company will post earnings of ($1.81) per share for the year. Scotiabank currently has a “Sector Perform” rating and a $350.00 price target on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.86) per share.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Monday, December 9th. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.48. The company had revenue of $529.40 million for the quarter, compared to the consensus estimate of $497.39 million. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. MongoDB’s revenue was up 22.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.96 EPS.

Several other equities research analysts have also recently commented on MDB. Guggenheim upgraded shares of MongoDB from a “neutral” rating to a “buy” rating and set a $300.00 price target on the stock in a research report on Monday. Macquarie began coverage on shares of MongoDB in a research note on Thursday, December 12th. They set a “neutral” rating and a $300.00 target price for the company. Mizuho raised their price objective on MongoDB from $275.00 to $320.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Loop Capital upped their target price on MongoDB from $315.00 to $400.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, Stifel Nicolaus lifted their price target on MongoDB from $325.00 to $360.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $367.14.

MongoDB Stock Performance

Shares of MDB stock opened at $248.68 on Thursday. The stock has a market cap of $18.52 billion, a PE ratio of -90.76 and a beta of 1.25. The business’s fifty day moving average is $282.82 and its 200-day moving average is $269.15. MongoDB has a 1 year low of $212.74 and a 1 year high of $509.62.

Institutional Trading of MongoDB

Institutional investors have recently modified their holdings of the company. First Hawaiian Bank boosted its stake in MongoDB by 18.3% in the 4th quarter. First Hawaiian Bank now owns 1,571 shares of the company’s stock valued at $366,000 after buying an additional 243 shares in the last quarter. Diversified Trust Co raised its position in MongoDB by 31.0% in the 4th quarter. Diversified Trust Co now owns 6,919 shares of the company’s stock worth $1,611,000 after purchasing an additional 1,639 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in shares of MongoDB in the 4th quarter valued at $624,000. Versant Capital Management Inc raised its holdings in MongoDB by 1,100.0% during the 4th quarter. Versant Capital Management Inc now owns 180 shares of the company’s stock worth $42,000 after purchasing an additional 165 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in MongoDB by 2.7% during the 3rd quarter. Principal Financial Group Inc. now owns 6,095 shares of the company’s stock valued at $1,648,000 after purchasing an additional 160 shares during the period. Institutional investors and hedge funds own 89.29% of the company’s stock.

Insider Activity

In other MongoDB news, Director Dwight A. Merriman sold 3,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $237.73, for a total transaction of $713,190.00. Following the completion of the sale, the director now directly owns 1,117,006 shares in the company, valued at $265,545,836.38. This represents a 0.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Michael Lawrence Gordon sold 5,000 shares of MongoDB stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $290.31, for a total value of $1,451,550.00. Following the completion of the transaction, the chief financial officer now directly owns 80,307 shares in the company, valued at approximately $23,313,925.17. This represents a 5.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,161 shares of company stock worth $8,427,806. 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.