MongoDB (NASDAQ:MDB) Posts Earnings Results, Misses Estimates By $0.45 EPS

MongoDB (NASDAQ:MDBGet Free Report) issued its earnings results on Wednesday. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.45), Zacks reports. The firm had revenue of $548.40 million during the quarter, compared to analyst estimates of $519.65 million. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. During the same quarter in the prior year, the business 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

MDB opened at $205.89 on Thursday. MongoDB has a one year low of $200.36 and a one year high of $424.00. The business has a 50 day simple moving average of $263.70 and a two-hundred day simple moving average of $275.28. The firm has a market capitalization of $15.33 billion, a price-to-earnings ratio of -73.29 and a beta of 1.30.

Wall Street Analysts Forecast Growth

MDB has been the topic of a number of research reports. Macquarie initiated coverage on MongoDB in a research report on Thursday, December 12th. They set a “neutral” rating and a $300.00 target price on the stock. Royal Bank of Canada increased their price target on MongoDB from $350.00 to $400.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. KeyCorp boosted their price objective on MongoDB from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Barclays reduced their price objective on MongoDB from $400.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $350.00 target price on shares of MongoDB in a research note on Tuesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $340.52.

Read Our Latest Analysis on MDB

Insider Transactions at MongoDB

In other news, CEO Dev Ittycheria sold 8,335 shares of MongoDB stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $254.86, for a total value of $2,124,258.10. Following the completion of the transaction, the chief executive officer now owns 217,294 shares of the company’s stock, valued at $55,379,548.84. The trade was a 3.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Thomas Bull sold 169 shares of MongoDB stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total transaction of $39,561.21. Following the completion of the transaction, the chief accounting officer now directly owns 14,899 shares of the company’s stock, valued at $3,487,706.91. This trade represents a 1.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 50,314 shares of company stock worth $13,337,753. 3.60% of the stock is currently owned by insiders.

MongoDB Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for MongoDB (NASDAQ:MDB)

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