FY2027 Earnings Forecast for MongoDB Issued By Scotiabank

MongoDB, Inc. (NASDAQ:MDB) – Investment analysts at Scotiabank issued their FY2027 earnings per share (EPS) estimates for shares of MongoDB in a note issued to investors on Friday, January 23rd. Scotiabank analyst P. Colville expects that the company will post earnings of $0.17 per share for the year. Scotiabank has a “Sector Perform” rating and a $415.00 price target on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.78) per share.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.53. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The business had revenue of $628.31 million during the quarter, compared to analysts’ expectations of $592.98 million. During the same quarter last year, the business posted $1.16 EPS. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS.

Other equities research analysts have also recently issued reports about the stock. Argus lifted their price objective on shares of MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Wall Street Zen upgraded MongoDB from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Piper Sandler reaffirmed an “overweight” rating and set a $490.00 price objective (up from $400.00) on shares of MongoDB in a research report on Tuesday, December 2nd. BMO Capital Markets increased their price objective on MongoDB from $415.00 to $455.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Finally, Zacks Research upgraded MongoDB from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $422.29.

MongoDB Stock Up 0.2%

NASDAQ MDB opened at $411.89 on Monday. MongoDB has a 52 week low of $140.78 and a 52 week high of $444.72. The firm has a 50 day moving average of $399.33 and a two-hundred day moving average of $330.14. The stock has a market capitalization of $33.52 billion, a PE ratio of -473.44 and a beta of 1.38.

Institutional Trading of MongoDB

A number of institutional investors have recently modified their holdings of the business. Clark Financial Services Group Inc. BD boosted its position in MongoDB by 1.5% during the fourth quarter. Clark Financial Services Group Inc. BD now owns 1,669 shares of the company’s stock worth $702,000 after purchasing an additional 25 shares during the period. True Wealth Design LLC boosted its holdings in shares of MongoDB by 9.4% during the 4th quarter. True Wealth Design LLC now owns 419 shares of the company’s stock worth $176,000 after buying an additional 36 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its stake in MongoDB by 3.8% in the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,101 shares of the company’s stock valued at $342,000 after buying an additional 40 shares during the last quarter. Whittier Trust Co. raised its holdings in MongoDB by 4.3% in the 4th quarter. Whittier Trust Co. now owns 976 shares of the company’s stock worth $425,000 after acquiring an additional 40 shares during the period. Finally, Savvy Advisors Inc. raised its holdings in MongoDB by 5.0% in the 4th quarter. Savvy Advisors Inc. now owns 928 shares of the company’s stock worth $389,000 after acquiring an additional 44 shares during the period. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at MongoDB

In related news, Director Dwight A. Merriman sold 1,139 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $388.31, for a total transaction of $442,285.09. Following the transaction, the director owned 81,652 shares of the company’s stock, valued at $31,706,288.12. This trade represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Roelof Botha sold 24,850 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $405.85, for a total value of $10,085,372.50. Following the sale, the director directly owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This represents a 11.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,162 shares of company stock valued at $31,004,092 over the last ninety days. 3.10% of the stock is owned by insiders.

MongoDB Company Profile

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.