MongoDB (NASDAQ:MDB) Releases Earnings Results, Misses Estimates By $0.45 EPS

MongoDB (NASDAQ:MDB - Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by ($0.45), Zacks reports. The company had revenue of $548.40 million for 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 prior year, the company earned $0.86 earnings per share. MongoDB updated its Q1 2026 guidance to 0.630-0.670 EPS and its FY 2026 guidance to 2.440-2.620 EPS.

MongoDB Trading Down 6.1 %

Shares of MDB traded down $11.39 on Monday, reaching $176.26. 634,310 shares of the company's stock traded hands, compared to its average volume of 1,891,736. The stock's 50 day simple moving average is $261.68 and its two-hundred day simple moving average is $274.47. The stock has a market cap of $13.13 billion, a PE ratio of -64.39 and a beta of 1.30. MongoDB has a 52-week low of $174.22 and a 52-week high of $387.19.

Insiders Place Their Bets

In related news, insider Cedric Pech sold 287 shares of MongoDB stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $234.09, for a total value of $67,183.83. Following the sale, the insider now owns 24,390 shares of the company's stock, valued at approximately $5,709,455.10. The trade was a 1.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Thomas Bull sold 169 shares of the firm's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $39,561.21. Following the completion of the sale, the chief accounting officer now directly owns 14,899 shares of the company's stock, valued at $3,487,706.91. This represents a 1.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 49,314 shares of company stock valued at $12,981,833. Insiders own 3.60% of the company's stock.

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Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MDB. KeyCorp lowered MongoDB from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Macquarie dropped their price objective on shares of MongoDB from $300.00 to $215.00 and set a "neutral" rating for the company in a report on Friday. Scotiabank reiterated a "sector perform" rating and set a $240.00 target price (down from $275.00) on shares of MongoDB in a research report on Wednesday. Oppenheimer dropped their price target on shares of MongoDB from $400.00 to $330.00 and set an "outperform" rating for the company in a research note on Thursday. Finally, Mizuho boosted their price objective on shares of MongoDB from $275.00 to $320.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 10th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-three have assigned a buy rating to the company's stock. Based on data from MarketBeat, MongoDB has an average rating of "Moderate Buy" and an average target price of $319.87.

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.