MongoDB (NASDAQ:MDB) Issues Q2 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.620-0.660 for the period, compared to the consensus EPS estimate of 0.580. The company issued revenue guidance of $548.0 million-$553.0 million, compared to the consensus revenue estimate of $549.3 million. MongoDB also updated its FY 2026 guidance to 2.940-3.120 EPS.

Analyst Ratings Changes

Several equities research analysts have commented on MDB shares. Piper Sandler boosted their price target on shares of MongoDB from $200.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday. Morgan Stanley dropped their target price on shares of MongoDB from $315.00 to $235.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Stifel Nicolaus cut their target price on shares of MongoDB from $340.00 to $275.00 and set a “buy” rating for the company in a research note on Friday, April 11th. UBS Group set a $350.00 price target on shares of MongoDB in a report on Tuesday, March 4th. Finally, Guggenheim raised their price objective on MongoDB from $235.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday. Eight investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, MongoDB currently has a consensus rating of “Moderate Buy” and an average price target of $288.19.

MongoDB Price Performance

NASDAQ MDB opened at $199.73 on Thursday. MongoDB has a one year low of $140.78 and a one year high of $370.00. The firm has a market cap of $16.22 billion, a P/E ratio of -72.89 and a beta of 1.40. The stock’s 50-day moving average is $174.22 and its 200-day moving average is $231.03.

MongoDB (NASDAQ:MDB) last announced its earnings results on Wednesday, June 4th. The company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.65 by $0.35. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm had revenue of $549.01 million for the quarter, compared to the consensus estimate of $527.49 million. During the same period last year, the company posted $0.51 EPS. The business’s quarterly revenue was up 21.8% on a year-over-year basis. Equities analysts anticipate that MongoDB will post -1.78 EPS for the current year.

Insider Buying and Selling

In other MongoDB news, CAO Thomas Bull sold 301 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $173.25, for a total value of $52,148.25. Following the sale, the chief accounting officer now owns 14,598 shares in the company, valued at approximately $2,529,103.50. The trade was a 2.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Srdjan Tanjga sold 525 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $173.26, for a total value of $90,961.50. Following the transaction, the chief financial officer now directly owns 6,406 shares of the company’s stock, valued at approximately $1,109,903.56. This trade represents a 7.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,203 shares of company stock worth $3,848,569 over the last ninety days. Company insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On MongoDB

A hedge fund recently raised its stake in MongoDB stock. Integrated Wealth Concepts LLC lifted its stake in MongoDB, Inc. (NASDAQ:MDB) by 31.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,363 shares of the company’s stock after acquiring an additional 327 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in MongoDB were worth $239,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 89.29% of the company’s stock.

About MongoDB

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.