MongoDB (NASDAQ:MDB) Issues FY 2027 Earnings Guidance

MongoDB (NASDAQ:MDB) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 5.950-6.140 for the period, compared to the consensus EPS estimate of 4.580. The company issued revenue guidance of $2.9 billion-$3.0 billion, compared to the consensus revenue estimate of $2.9 billion. MongoDB also updated its Q2 2027 guidance to 1.580-1.610 EPS.

MongoDB Stock Up 10.6%

MDB opened at $325.68 on Friday. The stock’s fifty day moving average is $272.10 and its two-hundred day moving average is $333.73. The company has a market capitalization of $26.17 billion, a P/E ratio of -370.09 and a beta of 1.48. MongoDB has a 52 week low of $182.43 and a 52 week high of $444.72.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data on Thursday, May 28th. The company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.19 by $0.13. The company had revenue of $687.62 million for the quarter, compared to the consensus estimate of $664.53 million. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.MongoDB’s quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business posted $1.00 EPS. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. Equities analysts anticipate that MongoDB will post -0.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

MDB has been the topic of several research reports. Stifel Nicolaus reduced their price objective on MongoDB from $450.00 to $330.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Truist Financial lowered their price target on shares of MongoDB from $500.00 to $375.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Wall Street Zen cut shares of MongoDB from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Barclays lowered their price target on shares of MongoDB from $440.00 to $370.00 and set an “overweight” rating for the company in a research report on Tuesday, March 3rd. Finally, Wedbush lowered their price target on shares of MongoDB from $440.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, March 3rd. Twenty-six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $380.67.

Insiders Place Their Bets

In other news, Director Dwight A. Merriman sold 10,000 shares of MongoDB stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $297.99, for a total value of $2,979,900.00. Following the transaction, the director directly owned 993,316 shares in the company, valued at approximately $295,998,234.84. This trade represents a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total value of $390,450.78. Following the completion of the transaction, the director owned 24,093 shares in the company, valued at $6,007,107.69. This represents a 6.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,566 shares of company stock worth $8,744,791 over the last quarter. Company insiders own 2.60% of the company’s stock.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB beat Q1 estimates, reporting $1.32 in adjusted EPS versus $1.19 expected and revenue of $687.6 million versus $664.5 million expected, with sales up about 25% year over year. Article Title
• Positive Sentiment: The company raised Q2 and full-year fiscal 2027 guidance well above Wall Street expectations, signaling stronger-than-expected demand and improving visibility. Article Title
• Positive Sentiment: Atlas revenue grew more than 29% year over year, reinforcing that MongoDB’s cloud database business remains the key growth driver, while management highlighted strong enterprise and AI demand. Article Title
• Positive Sentiment: Analysts also turned more constructive, with Cantor Fitzgerald and Canaccord Genuity both raising price targets after the report, reflecting improved sentiment around MongoDB’s growth outlook. Article Title
• Neutral Sentiment: Some commentary from traders suggested the stock also reacted to remarks that Atlas growth may become more predictable going forward, which was interpreted by a few investors as slightly softer than the most optimistic expectations. Article Title

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. grew its stake in MongoDB by 79.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock worth $46,000 after buying an additional 98 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new position in MongoDB during the 4th quarter worth $84,000. Hollencrest Capital Management grew its stake in MongoDB by 129.2% during the 4th quarter. Hollencrest Capital Management now owns 275 shares of the company’s stock worth $115,000 after buying an additional 155 shares during the last quarter. State of Wyoming grew its stake in MongoDB by 82.1% during the 2nd quarter. State of Wyoming now owns 641 shares of the company’s stock worth $135,000 after buying an additional 289 shares during the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in MongoDB during the 3rd quarter worth $156,000. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

About MongoDB

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.