MongoDB (NASDAQ:MDB) Releases FY 2025 Earnings Guidance

MongoDB (NASDAQ:MDB) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 3.010-3.030 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

A number of research firms recently issued reports on MDB. KeyCorp upped their price objective on shares of MongoDB from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. UBS Group upped their target price on MongoDB from $250.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, August 30th. Barclays increased their price objective on shares of MongoDB from $290.00 to $345.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Mizuho upped their target price on shares of MongoDB from $250.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, August 30th. Finally, DA Davidson increased their price target on MongoDB from $330.00 to $340.00 and gave the company a “buy” rating in a research report on Friday, October 11th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, MongoDB currently has an average rating of “Moderate Buy” and an average price target of $345.71.

MongoDB Stock Up 2.0 %

MDB opened at $350.13 on Tuesday. The company has a current ratio of 5.03, a quick ratio of 5.03 and a debt-to-equity ratio of 0.84. MongoDB has a 12 month low of $212.74 and a 12 month high of $509.62. The company has a market cap of $25.86 billion, a P/E ratio of -115.94 and a beta of 1.17. The business’s 50-day moving average price is $290.90 and its 200-day moving average price is $269.20.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data on Monday, December 9th. The company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.48. The business had revenue of $529.40 million during the quarter, compared to analysts’ expectations of $497.39 million. MongoDB had a negative return on equity of 15.06% and a negative net margin of 12.08%. The business’s revenue was up 22.3% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS. On average, equities analysts expect that MongoDB will post -2.37 EPS for the current year.

Insider Activity at MongoDB

In other news, CAO Thomas Bull sold 154 shares of MongoDB stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total value of $39,462.50. Following the completion of the transaction, the chief accounting officer now owns 16,068 shares of the company’s stock, valued at $4,117,425. The trade was a 0.95 % 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, CRO Cedric Pech sold 302 shares of the stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $256.25, for a total transaction of $77,387.50. Following the sale, the executive now directly owns 33,440 shares in the company, valued at $8,569,000. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,600 shares of company stock worth $7,255,929 over the last ninety days. 3.60% of the stock is owned by corporate insiders.

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.