MongoDB (NASDAQ:MDB) Updates FY 2027 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.750-5.930 for the period, compared to the consensus earnings per share estimate of 3.410. The company issued revenue guidance of $2.9 billion-$2.9 billion, compared to the consensus revenue estimate of $2.9 billion. MongoDB also updated its Q1 2027 guidance to 1.150-1.190 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Zacks Research cut shares of MongoDB from a “strong-buy” rating to a “hold” rating in a research report on Monday. Argus upped their price objective on shares of MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Truist Financial lowered their price objective on shares of MongoDB from $500.00 to $375.00 and set a “buy” rating for the company in a research report on Tuesday. Scotiabank raised MongoDB from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $275.00 to $310.00 in a research report on Thursday. Finally, Guggenheim restated a “buy” rating and set a $475.00 price target on shares of MongoDB in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $354.18.

MongoDB Trading Down 1.9%

Shares of NASDAQ MDB opened at $248.01 on Thursday. The stock has a market cap of $20.19 billion, a P/E ratio of -281.83 and a beta of 1.40. The business’s fifty day simple moving average is $375.80 and its 200-day simple moving average is $351.28. MongoDB has a 12-month low of $140.78 and a 12-month high of $444.72.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.18. The company had revenue of $695.07 million for the quarter, compared to the consensus estimate of $669.40 million. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.MongoDB’s revenue was up 26.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.28 EPS. On average, equities analysts forecast that MongoDB will post -1.78 EPS for the current fiscal year.

Insider Activity

In related news, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the completion of the transaction, the director owned 194,600 shares in the company, valued at approximately $78,978,410. The trade was a 11.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Thomas Bull sold 555 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $413.86, for a total value of $229,692.30. Following the completion of the sale, the chief accounting officer owned 10,784 shares in the company, valued at approximately $4,463,066.24. This represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 57,354 shares of company stock worth $23,474,994 in the last ninety days. 3.10% of the stock is owned by insiders.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus: revenue and EPS topped estimates and Atlas/cloud continued to grow, supporting the long‑term revenue thesis. MongoDB Q4 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Some analysts reaffirmed bullish views (Guggenheim, Rosenblatt, Citi, others) and MarketBeat/market commentaries flag the selloff as a potential buying opportunity for long‑term investors. Guggenheim Reaffirms Buy
• Neutral Sentiment: Management changes: the company announced go‑to‑market leadership shifts (departures and the appointment of Erica Volini as Chief Customer Officer). This is a mixed signal — disruptive near term but potentially constructive longer term. MarketBeat Conference/Analysis
• Neutral Sentiment: Company presented at the Morgan Stanley TMT conference (management access may clarify guidance/strategy to investors). Morgan Stanley Presentation Transcript
• Neutral Sentiment: Extremely large options flow in both directions — big increases in call and put volume — indicating short‑term traders expect heightened volatility but not a clear directional consensus.
• Negative Sentiment: Guidance disappointed: management issued cautious near‑term guidance (Q1 muted vs. consensus and FY guidance that still implies operating losses), which triggered the selloff. Investopedia: Profit Forecast Disappoints
• Negative Sentiment: Widespread analyst cuts and downgrades after the guide/management news — notable recent moves include UBS cutting its PT to $275 and Canaccord lowering its PT to $375; several other firms trimmed targets. These revisions amplify selling pressure. UBS Lowers PT to $275 Canaccord Lowers PT
• Negative Sentiment: Shares plunged sharply on the guidance/Atlas growth concerns and analyst reactions, creating a technical gap and prompting additional selling. Reuters: Shares Plummet 27%

Institutional Investors Weigh In On MongoDB

Several large investors have recently modified their holdings of the company. Lido Advisors LLC grew its holdings in MongoDB by 3.4% in the fourth quarter. Lido Advisors LLC now owns 1,092 shares of the company’s stock valued at $458,000 after purchasing an additional 36 shares during the last quarter. Brooklyn Investment Group boosted its position in shares of MongoDB by 7.4% in the 3rd quarter. Brooklyn Investment Group now owns 679 shares of the company’s stock worth $211,000 after buying an additional 47 shares in the last quarter. C M Bidwell & Associates Ltd. grew its stake in MongoDB by 13.6% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 543 shares of the company’s stock valued at $228,000 after acquiring an additional 65 shares during the last quarter. United Capital Financial Advisors LLC increased its holdings in MongoDB by 4.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 1,544 shares of the company’s stock valued at $479,000 after acquiring an additional 66 shares in the last quarter. Finally, Maryland State Retirement & Pension System increased its holdings in MongoDB by 2.1% during the 4th quarter. Maryland State Retirement & Pension System now owns 3,913 shares of the company’s stock valued at $1,642,000 after acquiring an additional 80 shares in the last quarter. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB Company Profile

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.