MongoDB (NASDAQ:MDB) Issues FY 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.940-3.120 for the period, compared to the consensus EPS estimate of 2.650. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion. MongoDB also updated its Q2 2026 guidance to 0.620-0.660 EPS.

MongoDB Trading Up 3.1%

Shares of MDB opened at $199.73 on Thursday. The firm has a market capitalization of $16.22 billion, a P/E ratio of -72.89 and a beta of 1.40. MongoDB has a 12-month low of $140.78 and a 12-month high of $370.00. The firm has a fifty day moving average price of $174.22 and a 200-day moving average price of $231.03.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data on Wednesday, June 4th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.35. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm had revenue of $549.01 million for the quarter, compared to the consensus estimate of $527.49 million. During the same period last year, the firm earned $0.51 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. Analysts predict that MongoDB will post -1.78 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Daiwa Capital Markets started coverage on shares of MongoDB in a research note on Tuesday, April 1st. They set an “outperform” rating and a $202.00 price objective for the company. Monness Crespi & Hardt raised MongoDB from a “neutral” rating to a “buy” rating and set a $295.00 price target on the stock in a research report on Thursday. Royal Bank of Canada reissued an “outperform” rating and issued a $320.00 price objective on shares of MongoDB in a report on Tuesday, May 20th. Piper Sandler boosted their price target on MongoDB from $200.00 to $275.00 and gave the company an “overweight” rating in a report on Thursday. 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, March 6th. Eight investment analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $288.19.

Insider Activity at MongoDB

In other news, CAO Thomas Bull sold 301 shares of MongoDB stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $173.25, for a total transaction of $52,148.25. Following the transaction, the chief accounting officer now owns 14,598 shares in the company, valued at $2,529,103.50. The trade was a 2.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Hope F. Cochran sold 1,175 shares of the business’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $174.69, for a total transaction of $205,260.75. Following the transaction, the director now directly owns 19,333 shares in the company, valued at approximately $3,377,281.77. The trade was a 5.73% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,203 shares of company stock valued at $3,848,569. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of MongoDB

An institutional investor recently raised its position in MongoDB stock. NewEdge Advisors LLC raised its position in MongoDB, Inc. (NASDAQ:MDB) by 55.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,238 shares of the company’s stock after acquiring an additional 1,504 shares during the quarter. NewEdge Advisors LLC’s holdings in MongoDB were worth $743,000 as of its most recent SEC filing. Institutional investors own 89.29% 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.