MongoDB, Inc. (NASDAQ:MDB – Free Report) – Equities researchers at William Blair boosted their FY2025 earnings estimates for shares of MongoDB in a research report issued on Tuesday, December 10th. William Blair analyst J. Ader now expects that the company will earn ($1.86) per share for the year, up from their prior estimate of ($2.48). The consensus estimate for MongoDB’s current full-year earnings is ($2.29) per share. William Blair also issued estimates for MongoDB’s Q4 2025 earnings at ($0.57) EPS and FY2026 earnings at ($1.92) EPS.
Other equities research analysts have also issued research reports about the stock. Piper Sandler restated an “overweight” rating and issued a $425.00 target price on shares of MongoDB in a research note on Tuesday. Macquarie began coverage on shares of MongoDB in a research note on Thursday. They issued a “neutral” rating and a $300.00 target price on the stock. DA Davidson upped their target price on shares of MongoDB from $340.00 to $405.00 and gave the company a “buy” rating in a research note on Tuesday. Canaccord Genuity Group upped their target price on shares of MongoDB from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, UBS Group upped their target price on shares of MongoDB from $250.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, August 30th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $370.08.
MongoDB Trading Down 2.9 %
Shares of MDB stock opened at $288.61 on Friday. MongoDB has a 12 month low of $212.74 and a 12 month high of $509.62. The company’s fifty day moving average price is $293.13 and its two-hundred day moving average price is $269.12.
MongoDB (NASDAQ:MDB – Get Free Report) last issued its quarterly earnings data on Monday, December 9th. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.48. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm had revenue of $529.40 million for the quarter, compared to analyst estimates of $497.39 million. During the same quarter in the previous year, the business posted $0.96 EPS. The firm’s revenue was up 22.3% compared to the same quarter last year.
Insiders Place Their Bets
In other news, CRO Cedric Pech sold 302 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $256.25, for a total value of $77,387.50. Following the completion of the transaction, the executive now directly owns 33,440 shares in the company, valued at $8,569,000. This trade represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Thomas Bull sold 1,000 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $355.92, for a total transaction of $355,920.00. Following the completion of the transaction, the chief accounting officer now owns 15,068 shares of the company’s stock, valued at $5,363,002.56. This trade represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 26,600 shares of company stock worth $7,611,849. Insiders own 3.60% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Nisa Investment Advisors LLC lifted its stake in MongoDB by 3.8% during the third quarter. Nisa Investment Advisors LLC now owns 1,090 shares of the company’s stock valued at $295,000 after purchasing an additional 40 shares during the last quarter. Taylor Frigon Capital Management LLC lifted its stake in MongoDB by 0.4% during the second quarter. Taylor Frigon Capital Management LLC now owns 9,903 shares of the company’s stock valued at $2,475,000 after purchasing an additional 42 shares during the last quarter. Tanager Wealth Management LLP lifted its stake in MongoDB by 4.7% during the third quarter. Tanager Wealth Management LLP now owns 957 shares of the company’s stock valued at $259,000 after purchasing an additional 43 shares during the last quarter. Fifth Third Bancorp lifted its stake in MongoDB by 7.6% during the second quarter. Fifth Third Bancorp now owns 620 shares of the company’s stock valued at $155,000 after purchasing an additional 44 shares during the last quarter. Finally, Rakuten Securities Inc. lifted its stake in MongoDB by 16.5% during the third quarter. Rakuten Securities Inc. now owns 332 shares of the company’s stock valued at $90,000 after purchasing an additional 47 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors.
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.
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