What is KeyCorp’s Forecast for MongoDB Q2 Earnings?

MongoDB, Inc. (NASDAQ:MDB) – Analysts at KeyCorp issued their Q2 2026 EPS estimates for shares of MongoDB in a report released on Thursday, December 19th. KeyCorp analyst E. Heath expects that the company will post earnings per share of ($0.43) for the quarter. KeyCorp currently has a “Overweight” rating and a $375.00 target price on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.86) per share. KeyCorp also issued estimates for MongoDB’s Q4 2026 earnings at ($0.38) EPS.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data on Monday, December 9th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.48. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The business had revenue of $529.40 million during the quarter, compared to analysts’ expectations of $497.39 million. During the same period in the prior year, the firm posted $0.96 EPS. The business’s quarterly revenue was up 22.3% compared to the same quarter last year.

Several other equities research analysts have also recently commented on the company. Citigroup upped their price target on MongoDB from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Canaccord Genuity Group boosted their price target on shares of MongoDB from $325.00 to $385.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Loop Capital raised their price objective on shares of MongoDB from $315.00 to $400.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Needham & Company LLC increased their target price on MongoDB from $335.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, Scotiabank lifted their price target on MongoDB from $295.00 to $350.00 and gave the company a “sector perform” rating in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $366.14.

MongoDB Trading Up 0.0 %

MDB stock opened at $243.00 on Monday. The company’s 50 day moving average is $290.13 and its two-hundred day moving average is $267.90. MongoDB has a twelve month low of $212.74 and a twelve month high of $509.62. The stock has a market cap of $18.10 billion, a P/E ratio of -88.69 and a beta of 1.17.

Hedge Funds Weigh In On MongoDB

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jennison Associates LLC grew its holdings in shares of MongoDB by 23.6% during the 3rd quarter. Jennison Associates LLC now owns 3,102,024 shares of the company’s stock valued at $838,632,000 after acquiring an additional 592,038 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in MongoDB by 1,098.1% in the second quarter. Thrivent Financial for Lutherans now owns 424,402 shares of the company’s stock valued at $106,084,000 after purchasing an additional 388,979 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of MongoDB in the 2nd quarter valued at approximately $52,131,000. Avala Global LP bought a new position in MongoDB during the third quarter valued at approximately $47,960,000. Finally, Renaissance Technologies LLC lifted its stake in MongoDB by 828.9% in the second quarter. Renaissance Technologies LLC now owns 183,000 shares of the company’s stock valued at $45,743,000 after acquiring an additional 163,300 shares during the last quarter. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Michael Lawrence Gordon sold 5,000 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $267.85, for a total transaction of $1,339,250.00. Following the completion of the sale, the chief financial officer now directly owns 80,307 shares of the company’s stock, valued at $21,510,229.95. This represents a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Hope F. Cochran sold 1,175 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $266.99, for a total value of $313,713.25. Following the sale, the director now owns 17,570 shares in the company, valued at approximately $4,691,014.30. The trade was a 6.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 32,775 shares of company stock worth $9,264,812 in the last ninety days. 3.60% of the stock is currently owned by corporate insiders.

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.