Equities Analysts Issue Forecasts for MongoDB Q2 Earnings

MongoDB, Inc. (NASDAQ:MDB - Free Report) - Equities researchers at Capital One Financial reduced their Q2 2026 earnings estimates for MongoDB in a research report issued on Tuesday, April 15th. Capital One Financial analyst C. Murphy now expects that the company will post earnings of ($0.70) per share for the quarter, down from their prior estimate of ($0.67). The consensus estimate for MongoDB's current full-year earnings is ($1.78) per share. Capital One Financial also issued estimates for MongoDB's Q4 2026 earnings at ($0.57) EPS, FY2026 earnings at ($2.52) EPS, Q1 2027 earnings at ($0.73) EPS, Q2 2027 earnings at ($0.62) EPS, Q3 2027 earnings at ($0.49) EPS and FY2027 earnings at ($2.41) EPS.

MDB has been the topic of a number of other reports. KeyCorp lowered shares of MongoDB from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Guggenheim raised MongoDB from a "neutral" rating to a "buy" rating and set a $300.00 price objective for the company in a research report on Monday, January 6th. Barclays decreased their price target on shares of MongoDB from $330.00 to $280.00 and set an "overweight" rating for the company in a research note on Thursday, March 6th. The Goldman Sachs Group lowered their target price on shares of MongoDB from $390.00 to $335.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. Finally, Cantor Fitzgerald initiated coverage on MongoDB in a report on Wednesday, March 5th. They set an "overweight" rating and a $344.00 price target for the company. Eight analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $299.78.

MongoDB Stock Performance

Shares of NASDAQ MDB traded up $2.79 during mid-day trading on Thursday, reaching $154.46. 1,618,789 shares of the company's stock were exchanged, compared to its average volume of 1,816,157. MongoDB has a 52-week low of $140.78 and a 52-week high of $387.19. The firm has a market capitalization of $12.54 billion, a price-to-earnings ratio of -56.30 and a beta of 1.49. The company's 50-day moving average is $205.34 and its 200-day moving average is $251.62.

MongoDB (NASDAQ:MDB - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.64 by ($0.45). The business had revenue of $548.40 million during the quarter, compared to analysts' expectations 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 last year, the firm earned $0.86 earnings per share.

Insider Buying and Selling at MongoDB

In related news, Director Dwight A. Merriman sold 885 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $292.05, for a total transaction of $258,464.25. Following the transaction, the director now owns 83,845 shares in the company, valued at $24,486,932.25. This trade represents a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Thomas Bull sold 301 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $173.25, for a total value of $52,148.25. Following the completion of the sale, the chief accounting officer now owns 14,598 shares of the company's stock, valued at $2,529,103.50. This trade represents a 2.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,680 shares of company stock valued at $10,819,027. Company insiders own 3.60% of the company's stock.

Institutional Trading of MongoDB

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Morse Asset Management Inc acquired a new position in shares of MongoDB in the third quarter worth $81,000. Coldstream Capital Management Inc. acquired a new position in MongoDB in the 3rd quarter worth about $209,000. Virtu Financial LLC grew its stake in shares of MongoDB by 351.2% in the 3rd quarter. Virtu Financial LLC now owns 10,016 shares of the company's stock valued at $2,708,000 after buying an additional 7,796 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in MongoDB during the third quarter valued at approximately $44,000. Finally, Tidal Investments LLC lifted its stake in MongoDB by 76.8% in the third quarter. Tidal Investments LLC now owns 7,859 shares of the company's stock valued at $2,125,000 after acquiring an additional 3,415 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company's stock.

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.