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

MongoDB (NASDAQ:MDB) released its earnings results on Wednesday. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45), Zacks reports. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The company had revenue of $548.40 million during the quarter, compared to analysts’ expectations of $519.65 million. During the same quarter in the previous year, the firm 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 Trading Down 23.1 %

Shares of MDB stock traded down $60.93 during mid-day trading on Thursday, reaching $203.20. The stock had a trading volume of 8,253,887 shares, compared to its average volume of 1,631,160. The company has a market cap of $15.13 billion, a P/E ratio of -74.14 and a beta of 1.30. MongoDB has a 12-month low of $200.04 and a 12-month high of $424.00. The business has a 50-day simple moving average of $263.70 and a 200 day simple moving average of $275.28.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on MDB shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $350.00 price objective on shares of MongoDB in a report on Tuesday. Barclays decreased their price objective on MongoDB from $330.00 to $280.00 and set an “overweight” rating on the stock in a research note on Thursday. Wedbush reduced their price target on MongoDB from $360.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday. UBS Group set a $350.00 price objective on MongoDB in a research report on Tuesday. Finally, Oppenheimer dropped their price objective on shares of MongoDB from $400.00 to $330.00 and set an “outperform” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twenty-four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $323.74.

Insider Activity at MongoDB

In other MongoDB news, CAO Thomas Bull sold 169 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $39,561.21. Following the completion of the transaction, the chief accounting officer now directly owns 14,899 shares in the company, valued at approximately $3,487,706.91. The trade was a 1.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dwight A. Merriman sold 885 shares of MongoDB stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $292.05, for a total transaction of $258,464.25. Following the transaction, the director now directly owns 83,845 shares in the company, valued at approximately $24,486,932.25. This trade represents a 1.04 % 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 valued at $13,337,753. Insiders own 3.60% of the company’s stock.

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.