Wedbush Forecasts MongoDB's FY2025 Earnings (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB - Free Report) - Research analysts at Wedbush boosted their FY2025 earnings per share (EPS) estimates for MongoDB in a research report issued to clients and investors on Tuesday, December 10th. Wedbush analyst D. Ives now anticipates that the company will earn ($1.81) per share for the year, up from their prior forecast of ($2.26). Wedbush currently has a "Strong-Buy" rating on the stock. The consensus estimate for MongoDB's current full-year earnings is ($2.29) per share. Wedbush also issued estimates for MongoDB's Q4 2025 earnings at ($0.66) EPS, Q1 2026 earnings at ($0.73) EPS, Q2 2026 earnings at ($0.54) EPS, Q3 2026 earnings at ($0.12) EPS, Q4 2026 earnings at ($0.33) EPS and FY2026 earnings at ($1.73) EPS.

Several other research firms have also recently commented on MDB. Barclays increased their price target on MongoDB from $375.00 to $400.00 and gave the company an "overweight" rating in a report on Tuesday. Robert W. Baird lifted their target price on MongoDB from $380.00 to $390.00 and gave the company an "outperform" rating in a report on Tuesday. Morgan Stanley lifted their target price on MongoDB from $340.00 to $350.00 and gave the company an "overweight" rating in a report on Tuesday. Truist Financial reiterated a "buy" rating and issued a $400.00 target price (up from $320.00) on shares of MongoDB in a report on Tuesday. Finally, KeyCorp lifted their price target on MongoDB from $330.00 to $375.00 and gave the stock an "overweight" rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $370.08.

MongoDB Price Performance

Shares of NASDAQ:MDB traded down $17.30 during midday trading on Friday, hitting $271.31. The company had a trading volume of 2,792,120 shares, compared to its average volume of 1,524,353. MongoDB has a twelve month low of $212.74 and a twelve month high of $509.62. The stock has a market cap of $20.04 billion, a price-to-earnings ratio of -100.68 and a beta of 1.17. The business's 50-day simple moving average is $293.13 and its 200-day simple moving average is $269.12.

MongoDB (NASDAQ:MDB - Get Free Report) last announced its earnings results on Monday, December 9th. The company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.48. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The business had revenue of $529.40 million during the quarter, compared to analysts' expectations of $497.39 million. During the same quarter in the prior year, the firm earned $0.96 earnings per share. The business's revenue was up 22.3% compared to the same quarter last year.

Insider Buying and Selling

In other news, CAO Thomas Bull sold 154 shares of MongoDB stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $256.25, for a total transaction of $39,462.50. Following the completion of the transaction, the chief accounting officer now directly owns 16,068 shares in the company, valued at $4,117,425. This trade represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Cedric Pech sold 302 shares of the firm's stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $256.25, for a total transaction of $77,387.50. Following the transaction, the executive now directly owns 33,440 shares in the company, valued at $8,569,000. The trade was a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,600 shares of company stock worth $7,611,849. Corporate insiders own 3.60% of the company's stock.

Institutional Trading of MongoDB

Several hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. raised its position in shares of MongoDB by 26.6% in the second quarter. Blue Trust Inc. now owns 538 shares of the company's stock valued at $134,000 after purchasing an additional 113 shares during the period. OFI Invest Asset Management grew its stake in MongoDB by 420.4% during the second quarter. OFI Invest Asset Management now owns 510 shares of the company's stock valued at $119,000 after acquiring an additional 412 shares in the last quarter. Fifth Third Bancorp grew its stake in MongoDB by 7.6% during the second quarter. Fifth Third Bancorp now owns 620 shares of the company's stock valued at $155,000 after acquiring an additional 44 shares in the last quarter. MFA Wealth Advisors LLC purchased a new position in MongoDB during the second quarter valued at approximately $25,000. Finally, MN Wealth Advisors LLC purchased a new position in MongoDB during the second quarter valued at approximately $576,000. Institutional investors own 89.29% 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.