DA Davidson Weighs in on MongoDB's Q1 Earnings (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB - Free Report) - Research analysts at DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for MongoDB in a research report issued on Thursday, March 6th. DA Davidson analyst R. Kessinger anticipates that the company will earn ($0.59) per share for the quarter. DA Davidson has a "Buy" rating and a $405.00 price target on the stock. The consensus estimate for MongoDB's current full-year earnings is ($1.78) per share.

MongoDB (NASDAQ:MDB - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by ($0.45). 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 period in the prior year, the company earned $0.86 EPS.

MDB has been the topic of a number of other research reports. Mizuho raised their target price on MongoDB from $275.00 to $320.00 and gave the company a "neutral" rating in a report on Tuesday, December 10th. Tigress Financial raised their target price on MongoDB from $400.00 to $430.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Loop Capital reduced their target price on MongoDB from $400.00 to $350.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. The Goldman Sachs Group reduced their target price on MongoDB from $390.00 to $335.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Needham & Company LLC reduced their target price on MongoDB from $415.00 to $270.00 and set a "buy" rating on the stock in a report on Thursday. 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $319.87.

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MongoDB Price Performance

NASDAQ:MDB traded down $5.33 during trading hours on Friday, reaching $187.65. 5,777,748 shares of the company were exchanged, compared to its average volume of 1,644,879. The company has a market capitalization of $13.97 billion, a P/E 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. The business has a 50 day moving average of $261.68 and a 200 day moving average of $274.38.

Hedge Funds Weigh In On MongoDB

A number of hedge funds have recently added to or reduced their stakes in MDB. Nisa Investment Advisors LLC boosted its stake in MongoDB by 3.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,090 shares of the company's stock valued at $295,000 after purchasing an additional 40 shares during the last quarter. US Bancorp DE boosted its stake in MongoDB by 9.1% during the 3rd quarter. US Bancorp DE now owns 3,869 shares of the company's stock valued at $1,046,000 after purchasing an additional 324 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in MongoDB during the 3rd quarter valued at about $861,000. Principal Financial Group Inc. boosted its stake in MongoDB by 2.7% during the 3rd quarter. Principal Financial Group Inc. now owns 6,095 shares of the company's stock valued at $1,648,000 after purchasing an additional 160 shares during the last quarter. Finally, Atria Investments Inc boosted its stake in MongoDB by 6.6% during the 3rd quarter. Atria Investments Inc now owns 2,175 shares of the company's stock valued at $588,000 after purchasing an additional 135 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company's stock.

Insiders Place Their Bets

In other news, insider Cedric Pech sold 287 shares of the firm's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $67,183.83. Following the completion of the sale, the insider now directly owns 24,390 shares in the company, valued at $5,709,455.10. This trade represents a 1.16 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Hope F. Cochran sold 1,175 shares of the firm's stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $266.99, for a total value of $313,713.25. Following the completion of the sale, the director now owns 17,570 shares of the company's stock, valued at approximately $4,691,014.30. This represents a 6.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,314 shares of company stock worth $13,337,753. Company 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.