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

MongoDB (NASDAQ:MDB - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.45), Zacks reports. The business had revenue of $548.40 million during the quarter, compared to the consensus estimate 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 period last year, the company earned $0.86 EPS. MongoDB updated its Q1 2026 guidance to 0.630-0.670 EPS and its FY 2026 guidance to 2.440-2.620 EPS.

MongoDB Stock Performance

MongoDB stock traded down $5.33 during midday trading on Friday, hitting $187.65. 5,777,748 shares of the company were exchanged, compared to its average volume of 1,644,879. The firm has a market capitalization of $13.97 billion, a PE ratio of -68.49 and a beta of 1.30. MongoDB has a fifty-two week low of $181.05 and a fifty-two week high of $387.19. The business has a fifty day simple moving average of $261.68 and a two-hundred day simple moving average of $274.38.

Insider Buying and Selling

In other MongoDB news, insider Cedric Pech sold 287 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total transaction of $67,183.83. Following the transaction, the insider now owns 24,390 shares in the company, valued at approximately $5,709,455.10. This represents a 1.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dwight A. Merriman sold 3,000 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $270.63, for a total value of $811,890.00. Following the transaction, the director now owns 1,109,006 shares in the company, valued at $300,130,293.78. This represents a 0.27 % 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 valued at $13,337,753 over the last ninety days. Company insiders own 3.60% of the company's stock.

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Analysts Set New Price Targets

Several brokerages have weighed in on MDB. Citigroup upped their target price on MongoDB from $400.00 to $430.00 and gave the stock a "buy" rating in a report on Monday, December 16th. The Goldman Sachs Group lowered their target price on MongoDB from $390.00 to $335.00 and set a "buy" rating for the company in a report on Thursday. Oppenheimer lowered their target price on MongoDB from $400.00 to $330.00 and set an "outperform" rating for the company in a report on Thursday. Needham & Company LLC lowered their target price on MongoDB from $415.00 to $270.00 and set a "buy" rating for the company in a report on Thursday. Finally, Mizuho upped their target price on MongoDB from $275.00 to $320.00 and gave the stock a "neutral" rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus 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.