MongoDB (NASDAQ:MDB) Updates Q1 2026 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.630-0.670 for the period, compared to the consensus estimate of 0.630. The company issued revenue guidance of $524.0 million-$529.0 million, compared to the consensus revenue estimate of $526.1 million. MongoDB also updated its FY 2026 guidance to 2.440-2.620 EPS.

MongoDB Price Performance

NASDAQ MDB traded up $9.75 on Wednesday, hitting $264.13. The company had a trading volume of 3,624,195 shares, compared to its average volume of 1,606,980. MongoDB has a 12-month low of $212.74 and a 12-month high of $428.91. The company’s fifty day moving average price is $263.28 and its 200-day moving average price is $275.36. The company has a market capitalization of $19.67 billion, a PE ratio of -96.40 and a beta of 1.30.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Monday, December 9th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $529.40 million for the quarter, compared to analyst estimates of $497.39 million. During the same quarter last year, the firm posted $0.96 EPS. The firm’s revenue for the quarter was up 22.3% on a year-over-year basis. On average, sell-side analysts anticipate that MongoDB will post -1.78 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on MDB. Tigress Financial increased their price objective on shares of MongoDB from $400.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. KeyCorp lifted their price objective on MongoDB from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Royal Bank of Canada upped their target price on MongoDB from $350.00 to $400.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Robert W. Baird lifted their price target on MongoDB from $380.00 to $390.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Finally, China Renaissance assumed coverage on shares of MongoDB in a report on Tuesday, January 21st. They issued a “buy” rating and a $351.00 price objective for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, MongoDB currently has an average rating of “Moderate Buy” and an average price target of $361.83.

Insider Buying and Selling

In other news, CEO Dev Ittycheria sold 2,581 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total transaction of $604,186.29. Following the completion of the transaction, the chief executive officer now directly owns 217,294 shares of the company’s stock, valued at approximately $50,866,352.46. The trade was a 1.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Thomas Bull sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $355.92, for a total transaction of $355,920.00. Following the sale, the chief accounting officer now owns 15,068 shares in the company, valued at $5,363,002.56. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,314 shares of company stock valued at $12,525,863 in the last ninety days. Company insiders own 3.60% 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.