MongoDB (NASDAQ:MDB) Updates FY 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 4.760-4.800 for the period, compared to the consensus estimate of 1.660. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. MongoDB also updated its Q4 2026 guidance to 1.440-1.480 EPS.

Analyst Upgrades and Downgrades

Several analysts recently commented on MDB shares. Bank of America lifted their target price on shares of MongoDB from $345.00 to $380.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. DA Davidson upped their price objective on MongoDB from $365.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Citigroup increased their price objective on MongoDB from $425.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. UBS Group increased their price objective on MongoDB from $310.00 to $330.00 and gave the company a “neutral” rating in a research note on Thursday, September 18th. Finally, Zacks Research lowered shares of MongoDB from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $355.39.

MongoDB Trading Down 1.1%

MDB traded down $3.50 on Monday, reaching $328.87. The stock had a trading volume of 4,210,552 shares, compared to its average volume of 2,329,762. The firm has a 50-day moving average of $333.41 and a 200-day moving average of $267.92. MongoDB has a fifty-two week low of $140.78 and a fifty-two week high of $385.44. The company has a market capitalization of $26.76 billion, a price-to-earnings ratio of -335.58 and a beta of 1.52.

Insider Buying and Selling at MongoDB

In related news, Director Peter Thomas Killalea sold 20,000 shares of MongoDB stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.87, for a total value of $6,437,400.00. Following the transaction, the director directly owned 32,293 shares of the company’s stock, valued at $10,394,147.91. The trade was a 38.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dwight A. Merriman sold 10,000 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $338.52, for a total value of $3,385,200.00. Following the completion of the transaction, the director owned 1,055,316 shares of the company’s stock, valued at $357,245,572.32. This represents a 0.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 91,172 shares of company stock worth $29,794,336 over the last 90 days. Corporate insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On MongoDB

Hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its stake in shares of MongoDB by 79.7% in the second quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock valued at $46,000 after purchasing an additional 98 shares during the period. Quadrant Capital Group LLC purchased a new position in MongoDB during the 3rd quarter worth approximately $156,000. State of Wyoming increased its position in MongoDB by 82.1% in the 2nd quarter. State of Wyoming now owns 641 shares of the company’s stock worth $135,000 after purchasing an additional 289 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in MongoDB during the third quarter valued at approximately $206,000. Finally, Brooklyn Investment Group increased its stake in MongoDB by 7.4% during the third quarter. Brooklyn Investment Group now owns 679 shares of the company’s stock valued at $211,000 after acquiring an additional 47 shares during the period. Hedge funds and other 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.