MongoDB (NASDAQ:MDB) Releases Q3 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its third quarter 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.790- for the period, compared to the consensus estimate of 0.780. The company issued revenue guidance of $592.0 million-, compared to the consensus revenue estimate of $592.4 million.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MDB. Cantor Fitzgerald lifted their price objective on MongoDB from $312.00 to $406.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. Stephens initiated coverage on MongoDB in a research report on Friday, July 18th. They set an “equal weight” rating and a $247.00 price objective for the company. DA Davidson lifted their price target on MongoDB from $325.00 to $365.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Barclays lifted their price target on MongoDB from $305.00 to $345.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Finally, Wells Fargo & Company initiated coverage on MongoDB in a report on Tuesday, September 30th. They issued an “overweight” rating and a $430.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, MongoDB presently has an average rating of “Moderate Buy” and an average target price of $342.69.

MongoDB Price Performance

MongoDB stock traded up $0.06 during midday trading on Monday, hitting $359.88. 1,645,457 shares of the company were exchanged, compared to its average volume of 2,372,726. The company’s fifty day moving average price is $319.50 and its 200-day moving average price is $243.52. The company has a market cap of $29.28 billion, a PE ratio of -366.04 and a beta of 1.52. MongoDB has a fifty-two week low of $140.78 and a fifty-two week high of $385.44.

MongoDB (NASDAQ:MDB) last announced its earnings results on Tuesday, August 26th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($1.04). MongoDB had a negative net margin of 3.54% and a negative return on equity of 1.67%. The business had revenue of $591.40 million during the quarter, compared to analyst estimates of $553.23 million. During the same period in the previous year, the company earned $0.70 earnings per share. The business’s revenue for the quarter was up 23.7% on a year-over-year basis. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. On average, analysts expect that MongoDB will post -1.78 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Dwight A. Merriman sold 4,000 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $345.00, for a total transaction of $1,380,000.00. Following the completion of the transaction, the director directly owned 1,065,316 shares in the company, valued at $367,534,020. This represents a 0.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles M. Hazard, Jr. sold 166 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $310.00, for a total value of $51,460.00. Following the transaction, the director owned 14,493 shares of the company’s stock, valued at approximately $4,492,830. The trade was a 1.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 107,493 shares of company stock worth $33,830,023. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of MongoDB

Institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its position in shares of MongoDB by 79.7% in the 2nd 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. State of Wyoming boosted its position in shares of MongoDB by 82.1% in the 2nd quarter. State of Wyoming now owns 641 shares of the company’s stock valued at $135,000 after purchasing an additional 289 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of MongoDB by 31.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock valued at $239,000 after purchasing an additional 327 shares during the period. Eventide Asset Management LLC acquired a new position in shares of MongoDB in the 2nd quarter valued at $291,000. Finally, Two Sigma Securities LLC acquired a new position in shares of MongoDB in the 2nd quarter valued at $328,000. Institutional investors and hedge funds 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.