MongoDB (NASDAQ:MDB) Issues FY 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.440-2.620 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

MDB has been the subject of a number of analyst reports. Canaccord Genuity Group decreased their price objective on shares of MongoDB from $385.00 to $320.00 and set a “buy” rating for the company in a report on Thursday. Rosenblatt Securities reiterated a “buy” rating and set a $350.00 price objective on shares of MongoDB in a report on Tuesday. Cantor Fitzgerald started coverage on shares of MongoDB in a research note on Wednesday. They issued an “overweight” rating and a $344.00 price target on the stock. Loop Capital dropped their price objective on MongoDB from $400.00 to $350.00 and set a “buy” rating on the stock in a research note on Monday. Finally, UBS Group set a $350.00 target price on shares of MongoDB in a report on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating and twenty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $340.52.

MongoDB Stock Performance

Shares of NASDAQ MDB opened at $209.53 on Thursday. MongoDB has a 52 week low of $212.50 and a 52 week high of $413.87. The stock’s fifty day moving average is $263.70 and its 200 day moving average is $275.28. The stock has a market capitalization of $15.60 billion, a P/E ratio of -76.47 and a beta of 1.30.

MongoDB (NASDAQ:MDB) last issued its earnings results on Wednesday, March 5th. The company reported $0.19 EPS for the quarter, missing the consensus estimate 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 net margin of 10.46% and a negative return on equity of 12.22%. During the same quarter in the previous year, the firm posted $0.86 earnings per share. Equities research analysts forecast that MongoDB will post -1.78 earnings per share for the current year.

Insider Buying and Selling at MongoDB

In other news, CAO Thomas Bull sold 1,000 shares of the 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 transaction, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at approximately $5,363,002.56. This represents a 6.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Dev Ittycheria sold 8,335 shares of MongoDB stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $254.86, for a total transaction of $2,124,258.10. Following the sale, the chief executive officer now directly owns 217,294 shares in the company, valued at $55,379,548.84. This trade represents a 3.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,314 shares of company stock valued at $13,337,753. 3.60% of the stock is currently owned by corporate insiders.

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.