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 guidance of 3.010-3.030 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

MDB has been the topic of a number of recent research reports. Citigroup raised their target price on MongoDB from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Scotiabank increased their target price on shares of MongoDB from $250.00 to $295.00 and gave the stock a “sector perform” rating in a report on Friday, August 30th. Needham & Company LLC upped their price target on shares of MongoDB from $290.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Bank of America increased their price objective on shares of MongoDB from $300.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, August 30th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $380.00 target price on shares of MongoDB in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, MongoDB has a consensus rating of “Moderate Buy” and a consensus target price of $345.71.

MongoDB Stock Performance

Shares of NASDAQ:MDB opened at $350.13 on Tuesday. MongoDB has a 12 month low of $212.74 and a 12 month high of $509.62. The firm’s 50-day moving average is $290.90 and its 200 day moving average is $269.20. The company has a market capitalization of $25.86 billion, a price-to-earnings ratio of -115.94 and a beta of 1.17. 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 (NASDAQ:MDB) last announced its quarterly earnings data on Monday, December 9th. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.68 by $0.48. MongoDB had a negative return on equity of 15.06% and a negative net margin of 12.08%. The company had revenue of $529.40 million for the quarter, compared to the consensus estimate of $497.39 million. MongoDB’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.96 EPS. Research analysts predict that MongoDB will post -2.37 EPS for the current year.

Insider Buying and Selling at MongoDB

In other MongoDB news, CRO Cedric Pech sold 302 shares of the stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total value of $77,387.50. Following the completion of the sale, the executive now directly owns 33,440 shares in the company, valued at approximately $8,569,000. This trade represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dwight A. Merriman sold 3,000 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $256.25, for a total transaction of $768,750.00. Following the completion of the transaction, the director now directly owns 1,131,006 shares of the company’s stock, valued at $289,820,287.50. The trade was a 0.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,600 shares of company stock valued at $7,255,929 in the last ninety days. Corporate 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.