MongoDB (NASDAQ:MDB) Updates Q1 2027 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its first quarter 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.150-1.190 for the period, compared to the consensus earnings per share estimate of 0.640. The company issued revenue guidance of $659.0 million-$664.0 million, compared to the consensus revenue estimate of $661.3 million. MongoDB also updated its FY 2027 guidance to 5.750-5.930 EPS.

Wall Street Analyst Weigh In

MDB has been the topic of several recent analyst reports. Royal Bank Of Canada cut their price objective on MongoDB from $500.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday. Needham & Company LLC cut their price target on shares of MongoDB from $500.00 to $300.00 and set a “buy” rating on the stock in a report on Tuesday. BMO Capital Markets restated an “outperform” rating and issued a $340.00 price target on shares of MongoDB in a research report on Tuesday. Rosenblatt Securities reiterated a “buy” rating and set a $425.00 price objective on shares of MongoDB in a research report on Monday. Finally, Stifel Nicolaus cut their target price on shares of MongoDB from $450.00 to $330.00 and set a “buy” rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $354.18.

MongoDB Stock Performance

Shares of MDB opened at $248.01 on Thursday. The firm has a market cap of $20.19 billion, a PE ratio of -281.83 and a beta of 1.40. The firm’s 50 day moving average price is $375.80 and its 200 day moving average price is $351.28. MongoDB has a twelve month low of $140.78 and a twelve month high of $444.72.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The business had revenue of $695.07 million for the quarter, compared to the consensus estimate of $669.40 million. During the same quarter last year, the firm earned $1.28 EPS. MongoDB’s revenue for the quarter was up 26.8% on a year-over-year basis. On average, sell-side analysts anticipate that MongoDB will post -1.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Dwight A. Merriman sold 1,190 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $369.75, for a total transaction of $440,002.50. Following the completion of the sale, the director owned 80,462 shares in the company, valued at approximately $29,750,824.50. This represents a 1.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Thomas Bull sold 555 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $413.86, for a total value of $229,692.30. Following the transaction, the chief accounting officer directly owned 10,784 shares in the company, valued at approximately $4,463,066.24. This represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 57,354 shares of company stock worth $23,474,994 over the last ninety days. 3.10% of the stock is currently owned by corporate insiders.

Key MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus: revenue and EPS topped estimates and Atlas/cloud continued to grow, supporting the long‑term revenue thesis. MongoDB Q4 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Some analysts reaffirmed bullish views (Guggenheim, Rosenblatt, Citi, others) and MarketBeat/market commentaries flag the selloff as a potential buying opportunity for long‑term investors. Guggenheim Reaffirms Buy
• Neutral Sentiment: Management changes: the company announced go‑to‑market leadership shifts (departures and the appointment of Erica Volini as Chief Customer Officer). This is a mixed signal — disruptive near term but potentially constructive longer term. MarketBeat Conference/Analysis
• Neutral Sentiment: Company presented at the Morgan Stanley TMT conference (management access may clarify guidance/strategy to investors). Morgan Stanley Presentation Transcript
• Neutral Sentiment: Extremely large options flow in both directions — big increases in call and put volume — indicating short‑term traders expect heightened volatility but not a clear directional consensus.
• Negative Sentiment: Guidance disappointed: management issued cautious near‑term guidance (Q1 muted vs. consensus and FY guidance that still implies operating losses), which triggered the selloff. Investopedia: Profit Forecast Disappoints
• Negative Sentiment: Widespread analyst cuts and downgrades after the guide/management news — notable recent moves include UBS cutting its PT to $275 and Canaccord lowering its PT to $375; several other firms trimmed targets. These revisions amplify selling pressure. UBS Lowers PT to $275 Canaccord Lowers PT
• Negative Sentiment: Shares plunged sharply on the guidance/Atlas growth concerns and analyst reactions, creating a technical gap and prompting additional selling. Reuters: Shares Plummet 27%

Institutional Trading of MongoDB

Several large investors have recently modified their holdings of MDB. Lido Advisors LLC raised its holdings in MongoDB by 3.4% in the 4th quarter. Lido Advisors LLC now owns 1,092 shares of the company’s stock worth $458,000 after acquiring an additional 36 shares during the period. Brooklyn Investment Group boosted its holdings in MongoDB by 7.4% during the third quarter. Brooklyn Investment Group now owns 679 shares of the company’s stock valued at $211,000 after acquiring an additional 47 shares during the period. C M Bidwell & Associates Ltd. grew its position in shares of MongoDB by 13.6% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 543 shares of the company’s stock valued at $228,000 after purchasing an additional 65 shares during the last quarter. United Capital Financial Advisors LLC increased its stake in shares of MongoDB by 4.5% in the third quarter. United Capital Financial Advisors LLC now owns 1,544 shares of the company’s stock worth $479,000 after purchasing an additional 66 shares during the period. Finally, Maryland State Retirement & Pension System lifted its position in shares of MongoDB by 2.1% during the 4th quarter. Maryland State Retirement & Pension System now owns 3,913 shares of the company’s stock worth $1,642,000 after purchasing an additional 80 shares during the last quarter. 89.29% of the stock is owned by institutional investors.

MongoDB Company Profile

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.