MongoDB (NASDAQ:MDB) Releases Q1 2026 Earnings Guidance

MongoDB (NASDAQ:MDB - Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.630-0.670 for the period, compared to the consensus EPS estimate of 0.630. The company issued revenue guidance of $524.0 million-$529.0 million, compared to the consensus revenue estimate of $526.1 million. MongoDB also updated its FY 2026 guidance to 2.440-2.620 EPS.

MongoDB Stock Performance

Shares of MDB traded down $5.33 during mid-day trading on Friday, reaching $187.65. The company had a trading volume of 5,777,748 shares, compared to its average volume of 1,644,879. The company's 50 day simple moving average is $261.68 and its 200 day simple moving average is $274.47. The company has a market capitalization of $13.97 billion, a price-to-earnings ratio of -68.49 and a beta of 1.30. MongoDB has a 1-year low of $181.05 and a 1-year high of $387.19.

MongoDB (NASDAQ:MDB - Get Free Report) last issued its earnings results 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 company 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 prior year, the business earned $0.86 EPS. As a group, equities analysts forecast that MongoDB will post -1.78 earnings per share for the current fiscal year.

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Analyst Upgrades and Downgrades

MDB has been the subject of several research reports. Barclays dropped their target price on MongoDB from $330.00 to $280.00 and set an "overweight" rating for the company in a research report on Thursday. Stifel Nicolaus dropped their price objective on shares of MongoDB from $425.00 to $340.00 and set a "buy" rating for the company in a report on Thursday. The Goldman Sachs Group reduced their target price on shares of MongoDB from $390.00 to $335.00 and set a "buy" rating on the stock in a report on Thursday. Canaccord Genuity Group dropped their price target on shares of MongoDB from $385.00 to $320.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Macquarie reduced their price objective on shares of MongoDB from $300.00 to $215.00 and set a "neutral" rating on the stock in a research note on Friday. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $319.87.

Insider Buying and Selling at MongoDB

In related news, CEO Dev Ittycheria sold 8,335 shares of the stock in a transaction on Friday, January 17th. The stock was sold at an average price of $254.86, for a total value of $2,124,258.10. Following the completion of the sale, the chief executive officer now directly owns 217,294 shares of the company's stock, valued at approximately $55,379,548.84. This represents a 3.69 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Cedric Pech sold 287 shares of MongoDB stock in a transaction 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 directly owns 24,390 shares in the company, valued at $5,709,455.10. This represents a 1.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 50,314 shares of company stock valued at $13,337,753. Corporate insiders own 3.60% of the company's stock.

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.