MongoDB (NASDAQ:MDB) Issues Earnings Results

MongoDB (NASDAQ:MDB) issued 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 firm had revenue of $548.40 million for the quarter, compared to the consensus estimate 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 posted $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 24.0 %

NASDAQ MDB traded down $63.39 during trading on Thursday, hitting $200.74. 8,804,716 shares of the company traded hands, compared to its average volume of 1,634,218. MongoDB has a 12 month low of $199.78 and a 12 month high of $424.00. The business has a fifty day simple moving average of $263.70 and a 200 day simple moving average of $275.28. The company has a market capitalization of $14.95 billion, a P/E ratio of -73.26 and a beta of 1.30.

Insider Transactions at MongoDB

In other MongoDB news, 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 completion of the sale, the insider now directly owns 24,390 shares in the company, valued at $5,709,455.10. This represents a 1.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Thomas Bull sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $355.92, for a total value of $355,920.00. Following the completion of the sale, the chief accounting officer now directly owns 15,068 shares in the company, valued at approximately $5,363,002.56. This represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,314 shares of company stock worth $13,337,753. 3.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and set a $350.00 price objective on shares of MongoDB in a research report on Tuesday. Wells Fargo & Company cut shares of MongoDB from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $365.00 to $225.00 in a report on Thursday. Stifel Nicolaus cut their price objective on MongoDB from $425.00 to $340.00 and set a “buy” rating for the company in a research report on Thursday. Tigress Financial lifted their target price on MongoDB from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Finally, The Goldman Sachs Group reduced their target price on MongoDB from $390.00 to $335.00 and set a “buy” rating for the company in a report on Thursday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.74.

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.