MongoDB (NASDAQ:MDB) Issues FY 2027 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 5.950-6.140 for the period, compared to the consensus EPS estimate of 4.580. The company issued revenue guidance of $2.9 billion-$3.0 billion, compared to the consensus revenue estimate of $2.9 billion. MongoDB also updated its Q2 2027 guidance to 1.580-1.610 EPS.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MDB shares. Morgan Stanley increased their target price on shares of MongoDB from $335.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday. Barclays increased their target price on shares of MongoDB from $370.00 to $387.00 and gave the stock an “overweight” rating in a research note on Friday. Oppenheimer increased their target price on shares of MongoDB from $375.00 to $410.00 and gave the stock an “outperform” rating in a research note on Friday. UBS Group increased their target price on shares of MongoDB from $275.00 to $350.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Piper Sandler increased their target price on shares of MongoDB from $330.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday. Twenty-seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $390.43.

MongoDB Price Performance

MDB opened at $335.55 on Friday. The company’s 50 day simple moving average is $273.44 and its two-hundred day simple moving average is $333.74. MongoDB has a 1-year low of $182.43 and a 1-year high of $444.72. The firm has a market capitalization of $26.97 billion, a price-to-earnings ratio of -906.89 and a beta of 1.48.

MongoDB (NASDAQ:MDB) last released its earnings results on Thursday, May 28th. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.13. MongoDB had a negative net margin of 1.12% and a negative return on equity of 1.39%. The business had revenue of $687.62 million for the quarter, compared to analyst estimates of $664.53 million. During the same period last year, the company posted $1.00 EPS. The business’s revenue was up 25.2% on a year-over-year basis. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. On average, equities analysts anticipate that MongoDB will post -0.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total value of $390,450.78. Following the transaction, the director directly owned 24,093 shares of the company’s stock, valued at $6,007,107.69. This trade represents a 6.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dwight A. Merriman sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $297.99, for a total transaction of $2,979,900.00. Following the sale, the director owned 993,316 shares of the company’s stock, valued at $295,998,234.84. This represents a 1.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 31,566 shares of company stock worth $8,744,791 over the last three months. Corporate insiders own 2.60% of the company’s stock.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB reported Q1 earnings of $1.32 per share, ahead of estimates, while revenue rose 25% year over year to $687.6 million, topping forecasts. MongoDB, Inc. Announces First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Management raised full-year fiscal 2027 guidance, with stronger-than-expected revenue and EPS targets, which suggests continued momentum in the business. MongoDB, Inc. Announces First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Atlas cloud database growth remained a key driver, with strong customer expansion and AI-related demand helping support the company’s growth story. MongoDB Q1 Earnings & Revenues Surpass Estimates, Increases Y/Y
• Positive Sentiment: Multiple brokerages raised price targets or reaffirmed bullish ratings, including Citigroup, Bank of America, Wedbush, Oppenheimer, Mizuho, Scotiabank, Barclays, Guggenheim, and others, reinforcing investor optimism after the results. Analyst rating and price target updates
• Neutral Sentiment: Some commentary noted that the stock had an initial sharp after-hours surge before easing back, reflecting volatile trading around the earnings release. Why MDB Stock Is Up Overnight After Wild Ride Today
• Neutral Sentiment: Some articles framed MongoDB as a high-expectations AI/database winner, but also highlighted competitive and execution risks that could matter if growth slows. MongoDB Likely to See AI as Growth Tailwind Soon Following Quarterly Beat, Morgan Stanley Says

Institutional Trading of MongoDB

A number of hedge funds and other institutional investors have recently made changes to their positions in MDB. Integrated Wealth Concepts LLC increased its holdings in shares of MongoDB by 31.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock worth $239,000 after buying an additional 327 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of MongoDB by 55.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock worth $743,000 after buying an additional 1,504 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of MongoDB during the 2nd quarter worth approximately $329,000. Cresset Asset Management LLC increased its holdings in MongoDB by 13.4% in the 2nd quarter. Cresset Asset Management LLC now owns 3,138 shares of the company’s stock valued at $659,000 after purchasing an additional 370 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in MongoDB by 28.3% in the 2nd quarter. Cerity Partners LLC now owns 12,215 shares of the company’s stock valued at $2,565,000 after purchasing an additional 2,697 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

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.