MongoDB (NASDAQ:MDB) Updates FY 2025 Earnings Guidance

MongoDB (NASDAQ:MDB) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 3.010-3.030 for the period, compared to the consensus estimate of 2.470. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion. MongoDB also updated its Q4 guidance to $0.62-$0.65 EPS.

MongoDB Price Performance

MDB stock traded up $6.73 during trading on Monday, hitting $350.13. The stock had a trading volume of 6,066,564 shares, compared to its average volume of 1,587,236. MongoDB has a 1-year low of $212.74 and a 1-year high of $509.62. The stock has a market cap of $25.86 billion, a price-to-earnings ratio of -115.94 and a beta of 1.17. The company’s 50 day moving average price is $289.30 and its two-hundred day moving average price is $269.24. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.03 and a current ratio of 5.03.

Analyst Ratings Changes

Several research analysts have weighed in on MDB shares. Barclays boosted their price target on MongoDB from $290.00 to $345.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Citigroup upped their price objective on shares of MongoDB from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Wells Fargo & Company raised their target price on shares of MongoDB from $300.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, August 30th. Mizuho increased their price target on shares of MongoDB from $250.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, August 30th. Finally, Needham & Company LLC upped their price objective on MongoDB from $290.00 to $335.00 and gave the stock a “buy” rating in a report on Friday, August 30th. One analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, MongoDB currently has a consensus rating of “Moderate Buy” and an average target price of $345.71.

Insider Activity at MongoDB

In related news, CFO Michael Lawrence Gordon sold 5,000 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 80,307 shares of the company’s stock, valued at $23,313,925.17. The trade was a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dwight A. Merriman sold 3,000 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total value of $768,750.00. Following the transaction, the director now directly owns 1,131,006 shares in the company, valued at approximately $289,820,287.50. This represents a 0.26 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,600 shares of company stock valued at $7,255,929. Insiders own 3.60% of the company’s stock.

MongoDB Company Profile

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.