MongoDB (NASDAQ:MDB) Issues FY 2025 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.330-2.470 for the period, compared to the consensus EPS estimate of 2.260. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion. MongoDB also updated its FY25 guidance to $2.33-2.47 EPS.

MongoDB Trading Up 15.0 %

Shares of NASDAQ MDB traded up $36.91 during midday trading on Friday, reaching $282.63. The stock had a trading volume of 3,441,135 shares, compared to its average volume of 1,492,681. MongoDB has a twelve month low of $212.74 and a twelve month high of $509.62. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.93 and a current ratio of 4.93. The company’s 50 day moving average price is $246.96 and its 200 day moving average price is $317.33. The firm has a market cap of $20.73 billion, a price-to-earnings ratio of -100.58 and a beta of 1.13.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Thursday, May 30th. The company reported ($0.80) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.80). The company had revenue of $450.56 million for the quarter, compared to the consensus estimate of $438.44 million. MongoDB had a negative return on equity of 14.88% and a negative net margin of 11.50%. As a group, sell-side analysts expect that MongoDB will post -2.67 EPS for the current year.

Wall Street Analyst Weigh In

MDB has been the subject of a number of research reports. Stifel Nicolaus raised their price target on shares of MongoDB from $300.00 to $325.00 and gave the stock a buy rating in a report on Friday. Citigroup dropped their price target on MongoDB from $480.00 to $350.00 and set a buy rating on the stock in a research note on Monday, June 3rd. Oppenheimer boosted their price objective on MongoDB from $300.00 to $350.00 and gave the company an outperform rating in a report on Friday. Tigress Financial decreased their price target on shares of MongoDB from $500.00 to $400.00 and set a buy rating for the company in a research note on Thursday, July 11th. Finally, Bank of America raised their price objective on shares of MongoDB from $300.00 to $350.00 and gave the company a buy rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and a consensus target price of $353.33.

Insider Activity at MongoDB

In other news, CRO Cedric Pech sold 273 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $265.29, for a total value of $72,424.17. Following the sale, the executive now directly owns 35,719 shares of the company’s stock, valued at $9,475,893.51. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CRO Cedric Pech sold 273 shares of MongoDB stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $265.29, for a total transaction of $72,424.17. Following the completion of the sale, the executive now owns 35,719 shares in the company, valued at approximately $9,475,893.51. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $231.00, for a total transaction of $462,000.00. Following the completion of the transaction, the director now owns 1,140,006 shares in the company, valued at $263,341,386. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,179 shares of company stock worth $7,368,989. 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.