FY2025 Earnings Forecast for MongoDB Issued By William Blair

MongoDB, Inc. (NASDAQ:MDB - Free Report) - Equities researchers at William Blair lifted their FY2025 earnings estimates for MongoDB in a research note issued to investors on Tuesday, December 10th. William Blair analyst J. Ader now expects that the company will post earnings of ($1.86) per share for the year, up from their prior estimate of ($2.48). The consensus estimate for MongoDB's current full-year earnings is ($2.29) per share. William Blair also issued estimates for MongoDB's Q4 2025 earnings at ($0.57) EPS and FY2026 earnings at ($1.92) EPS.

MongoDB (NASDAQ:MDB - Get Free Report) last released its quarterly earnings data on Monday, December 9th. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.68 by $0.48. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm had revenue of $529.40 million for the quarter, compared to the consensus estimate of $497.39 million. During the same period in the previous year, the company earned $0.96 earnings per share. The company's quarterly revenue was up 22.3% on a year-over-year basis.

A number of other research analysts have also recently commented on the stock. Needham & Company LLC increased their target price on shares of MongoDB from $335.00 to $415.00 and gave the stock a "buy" rating in a report on Tuesday. Barclays increased their target price on shares of MongoDB from $375.00 to $400.00 and gave the company an "overweight" rating in a research report on Tuesday. Sanford C. Bernstein increased their target price on shares of MongoDB from $358.00 to $360.00 and gave the company an "outperform" rating in a research report on Friday, August 30th. Loop Capital increased their target price on shares of MongoDB from $315.00 to $400.00 and gave the company a "buy" rating in a research report on Monday, December 2nd. Finally, UBS Group increased their target price on MongoDB from $250.00 to $275.00 and gave the stock a "neutral" rating in a report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $370.08.

MongoDB Trading Down 6.0 %

Shares of NASDAQ:MDB traded down $17.30 on Friday, hitting $271.31. The company had a trading volume of 2,792,120 shares, compared to its average volume of 1,524,353. MongoDB has a 1-year low of $212.74 and a 1-year high of $509.62. The stock has a market cap of $20.04 billion, a price-to-earnings ratio of -100.68 and a beta of 1.17. The stock has a 50 day moving average price of $293.13 and a 200 day moving average price of $269.12.

Insider Buying and Selling at MongoDB

In related news, CEO Dev Ittycheria sold 3,556 shares of the stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total transaction of $911,225.00. Following the sale, the chief executive officer now directly owns 219,875 shares of the company's stock, valued at $56,342,968.75. This trade represents a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Thomas Bull sold 154 shares of the firm's stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total value of $39,462.50. Following the completion of the transaction, the chief accounting officer now directly owns 16,068 shares in the company, valued at $4,117,425. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,600 shares of company stock worth $7,611,849. 3.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MDB. MFA Wealth Advisors LLC bought a new stake in MongoDB during the 2nd quarter valued at approximately $25,000. Quarry LP boosted its holdings in shares of MongoDB by 2,580.0% in the 2nd quarter. Quarry LP now owns 134 shares of the company's stock worth $33,000 after purchasing an additional 129 shares during the period. Brooklyn Investment Group purchased a new position in shares of MongoDB in the 3rd quarter worth approximately $36,000. Continuum Advisory LLC boosted its holdings in shares of MongoDB by 621.1% in the 3rd quarter. Continuum Advisory LLC now owns 137 shares of the company's stock worth $40,000 after purchasing an additional 118 shares during the period. Finally, Hantz Financial Services Inc. purchased a new position in shares of MongoDB in the 2nd quarter worth approximately $35,000. 89.29% of the stock is owned by hedge funds and other institutional investors.

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.