What is DA Davidson’s Estimate for MongoDB Q1 Earnings?

MongoDB, Inc. (NASDAQ:MDB) – Analysts at DA Davidson issued their Q1 2026 earnings estimates for shares of MongoDB in a report issued on Thursday, March 6th. DA Davidson analyst R. Kessinger expects that the company will earn ($0.59) per share for the quarter. DA Davidson currently has a “Buy” rating and a $405.00 target price on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.78) per share.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings results on Wednesday, March 5th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). The company had revenue of $548.40 million during the quarter, compared to analysts’ expectations of $519.65 million. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. During the same quarter in the prior year, the business earned $0.86 EPS.

MDB has been the topic of several other reports. Mizuho raised their target price on shares of MongoDB from $275.00 to $320.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Canaccord Genuity Group cut their price target on shares of MongoDB from $385.00 to $320.00 and set a “buy” rating on the stock in a report on Thursday. Cantor Fitzgerald began coverage on shares of MongoDB in a report on Wednesday. They issued an “overweight” rating and a $344.00 price target on the stock. Truist Financial cut their price target on shares of MongoDB from $400.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Oppenheimer cut their price target on shares of MongoDB from $400.00 to $330.00 and set an “outperform” rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.61.

MongoDB Price Performance

MongoDB stock opened at $192.98 on Friday. MongoDB has a 12-month low of $192.50 and a 12-month high of $413.87. The stock has a market capitalization of $14.37 billion, a P/E ratio of -70.43 and a beta of 1.30. The firm’s 50-day moving average is $262.69 and its two-hundred day moving average is $274.71.

Insider Buying and Selling at MongoDB

In other news, insider Cedric Pech sold 287 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $234.09, for a total transaction of $67,183.83. Following the completion of the transaction, the insider now owns 24,390 shares in the company, valued at approximately $5,709,455.10. This trade represents a 1.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Thomas Bull sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $355.92, for a total transaction of $355,920.00. Following the transaction, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at approximately $5,363,002.56. This trade represents a 6.22 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,314 shares of company stock valued at $13,337,753. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of MongoDB in the fourth quarter worth about $13,270,000. Azzad Asset Management Inc. ADV grew its stake in shares of MongoDB by 17.7% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 7,519 shares of the company’s stock worth $1,750,000 after acquiring an additional 1,132 shares during the last quarter. Infinitum Asset Management LLC acquired a new stake in shares of MongoDB in the fourth quarter worth $8,148,000. Polar Asset Management Partners Inc. acquired a new stake in MongoDB during the fourth quarter worth $14,458,000. Finally, Mackenzie Financial Corp boosted its stake in MongoDB by 47.8% during the fourth quarter. Mackenzie Financial Corp now owns 5,731 shares of the company’s stock worth $1,334,000 after buying an additional 1,854 shares in the last quarter. 89.29% of the stock is currently owned by institutional investors and hedge funds.

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.