MongoDB (NASDAQ:MDB) Updates FY 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.440-2.620 for the period, compared to the consensus estimate of 3.390. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion. MongoDB also updated its Q1 2026 guidance to 0.630-0.670 EPS.

MongoDB Stock Performance

Shares of MDB stock opened at $209.53 on Thursday. The company has a market capitalization of $15.60 billion, a price-to-earnings ratio of -76.47 and a beta of 1.30. The stock’s 50 day simple moving average is $263.70 and its 200 day simple moving average is $275.28. MongoDB has a twelve month low of $212.50 and a twelve month high of $413.87.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Wednesday, March 5th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). The firm had revenue of $548.40 million during the quarter, compared to analyst estimates of $519.65 million. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. During the same quarter in the previous year, the firm posted $0.86 earnings per share. On average, analysts forecast that MongoDB will post -1.78 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on MDB. Royal Bank of Canada boosted their price objective on MongoDB from $350.00 to $400.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Monness Crespi & Hardt upgraded MongoDB from a “sell” rating to a “neutral” rating in a report on Monday. Wells Fargo & Company downgraded shares of MongoDB from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $365.00 to $225.00 in a research note on Thursday. Guggenheim raised shares of MongoDB from a “neutral” rating to a “buy” rating and set a $300.00 price target for the company in a report on Monday, January 6th. Finally, Canaccord Genuity Group decreased their price target on shares of MongoDB from $385.00 to $320.00 and set a “buy” rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $340.52.

Insider Buying and Selling

In related news, CAO Thomas Bull sold 1,000 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $355.92, for a total transaction of $355,920.00. Following the transaction, the chief accounting officer now owns 15,068 shares in the company, valued at $5,363,002.56. This represents a 6.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dwight A. Merriman sold 885 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $292.05, for a total transaction of $258,464.25. Following the completion of the sale, the director now owns 83,845 shares of the company’s stock, valued at $24,486,932.25. The trade was a 1.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,314 shares of company stock worth $13,337,753 in the last three months. Insiders own 3.60% 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.