MongoDB (NASDAQ:MDB) Announces Quarterly Earnings Results

MongoDB (NASDAQ:MDB) announced its quarterly earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45), Zacks reports. The company had revenue of $548.40 million for the quarter, compared to analysts’ expectations 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 period in the previous year, the business earned $0.86 EPS. MongoDB updated its Q1 2026 guidance to 0.630-0.670 EPS and its FY 2026 guidance to 2.440-2.620 EPS.

MongoDB Trading Down 22.1 %

MDB opened at $205.89 on Thursday. MongoDB has a 12 month low of $200.36 and a 12 month high of $424.00. The stock has a 50-day moving average of $263.70 and a 200 day moving average of $275.28. The firm has a market cap of $15.33 billion, a P/E ratio of -73.29 and a beta of 1.30.

Insider Activity

In related news, CEO Dev Ittycheria sold 8,335 shares of MongoDB stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $254.86, for a total transaction of $2,124,258.10. Following the completion of the transaction, the chief executive officer now directly owns 217,294 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Also, insider Cedric Pech sold 287 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $234.09, for a total transaction of $67,183.83. Following the transaction, the insider now owns 24,390 shares in the company, valued at $5,709,455.10. The trade was a 1.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 50,314 shares of company stock valued at $13,337,753 in the last ninety days. Insiders own 3.60% of the company’s stock.

Wall Street Analysts Forecast Growth

MDB has been the topic of several research reports. KeyCorp raised their target price on MongoDB from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Cantor Fitzgerald assumed coverage on shares of MongoDB in a report on Wednesday. They set an “overweight” rating and a $344.00 target price for the company. Oppenheimer lifted their target price on MongoDB from $350.00 to $400.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Macquarie began coverage on MongoDB in a research note on Thursday, December 12th. They issued a “neutral” rating and a $300.00 price objective on the stock. Finally, Morgan Stanley lowered their price objective on MongoDB from $350.00 to $315.00 and set an “overweight” rating on the stock in a research report on Thursday. One analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $340.52.

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.