MongoDB (NASDAQ:MDB) Releases Q2 2027 Earnings Guidance

MongoDB (NASDAQ:MDB) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.580-1.610 for the period, compared to the consensus estimate of 0.960. The company issued revenue guidance of $729.0 million-$734.0 million, compared to the consensus revenue estimate of $699.2 million. MongoDB also updated its FY 2027 guidance to 5.950-6.140 EPS.

MongoDB Trading Up 3.0%

Shares of MDB opened at $335.55 on Friday. The firm’s 50 day moving average is $273.44 and its 200-day moving average is $333.74. The stock has a market capitalization of $26.97 billion, a PE ratio of -906.89 and a beta of 1.48. MongoDB has a 12 month low of $182.43 and a 12 month high of $444.72.

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MDB shares. Truist Financial decreased their price objective on shares of MongoDB from $500.00 to $375.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Cantor Fitzgerald lifted their price objective on shares of MongoDB from $378.00 to $416.00 and gave the company an “overweight” rating in a research note on Tuesday. Barclays lifted their price objective on shares of MongoDB from $370.00 to $387.00 and gave the company an “overweight” rating in a research note on Friday. Oppenheimer lifted their price objective on shares of MongoDB from $375.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Citigroup reissued a “market outperform” rating on shares of MongoDB in a research note on Friday. Twenty-seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $390.43.

Insiders Place Their Bets

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

Key Stories Impacting MongoDB

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

Hedge Funds Weigh In On MongoDB

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mcguire Capital Advisors Inc. acquired a new position in MongoDB in the fourth quarter valued at $84,000. Geneos Wealth Management Inc. lifted its holdings in 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 buying an additional 98 shares during the period. Hollencrest Capital Management lifted its holdings in MongoDB by 129.2% in the fourth quarter. Hollencrest Capital Management now owns 275 shares of the company’s stock valued at $115,000 after buying an additional 155 shares during the period. Quadrant Capital Group LLC acquired a new position in MongoDB in the third quarter valued at $156,000. Finally, Arete Wealth Advisors LLC acquired a new position in MongoDB in the fourth quarter valued at $220,000. Institutional investors and hedge funds own 89.29% of the company’s stock.

About MongoDB

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.