MongoDB (NASDAQ:MDB) Issues Q1 2027 Earnings Guidance

MongoDB (NASDAQ:MDB) issued an update on its first quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.150-1.190 for the period, compared to the consensus earnings per share estimate of 0.640. The company issued revenue guidance of $659.0 million-$664.0 million, compared to the consensus revenue estimate of $661.3 million. MongoDB also updated its FY 2027 guidance to 5.750-5.930 EPS.

MongoDB Trading Down 22.2%

Shares of NASDAQ:MDB opened at $252.73 on Wednesday. The stock has a market cap of $20.57 billion, a PE ratio of -287.19 and a beta of 1.40. The stock’s fifty day simple moving average is $379.54 and its two-hundred day simple moving average is $352.01. MongoDB has a 1-year low of $140.78 and a 1-year high of $444.72.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on MDB shares. Wall Street Zen raised shares of MongoDB from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Royal Bank Of Canada dropped their price target on MongoDB from $500.00 to $395.00 and set an “outperform” rating on the stock in a report on Tuesday. Monness Crespi & Hardt cut their price objective on MongoDB from $475.00 to $370.00 and set a “buy” rating on the stock in a research report on Tuesday. Zacks Research downgraded MongoDB from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, DA Davidson lowered their target price on MongoDB from $465.00 to $385.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $357.82.

Insider Buying and Selling

In other MongoDB news, CAO Thomas Bull sold 555 shares of MongoDB stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $413.86, for a total transaction of $229,692.30. Following the completion of the transaction, the chief accounting officer owned 10,784 shares of the company’s stock, valued at $4,463,066.24. The trade was a 4.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Roelof Botha sold 24,850 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $405.85, for a total value of $10,085,372.50. Following the sale, the director owned 194,600 shares in the company, valued at approximately $78,978,410. This represents a 11.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 57,354 shares of company stock worth $23,474,994. Company insiders own 3.10% of the company’s stock.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus: MongoDB posted $1.65 EPS vs. $1.47 expected and $695.1M revenue (vs. $669.4M est.), with Atlas revenue up ~29% and total revenue +27% YoY — underpins longer‑term growth thesis. Q4 Results PR
• Positive Sentiment: Many analysts remain constructive: Guggenheim reaffirmed a Buy ($475 PT), Rosenblatt kept a Buy ($425 PT) and Citigroup set a $400 target — shows institutional belief in MDB’s longer‑term upside despite near‑term noise. Guggenheim Reaffirm Rosenblatt Buy Citigroup PT
• Neutral Sentiment: Upcoming investor event: CEO CJ Desai and CFO Mike Berry are presenting at the Morgan Stanley TMT Conference (Mar 4) — opportunity for management to clarify strategy, guidance assumptions and cadence for Atlas/AI revenue. Conference Notice
• Negative Sentiment: Guidance disappointed short-term expectations: management’s near-term outlook and commentary about Atlas growth were read as muted, triggering a sharp selloff and heavy intraday volatility. That guidance shock is the primary reason shares fell. Reuters: Shares Plummet
• Negative Sentiment: Executive departures and shakeup: the exit of senior go‑to‑market executives contributed to investor nervousness about near‑term execution and was cited by several outlets as a factor amplifying the selloff. Seeking Alpha: Exec Shakeup
• Negative Sentiment: Broad analyst target cuts & downgrades: multiple firms cut price targets (UBS, Canaccord, UBS, Oppenheimer, Wedbush, others) and Zacks downgraded MDB from Strong Buy to Hold — increases short‑term sell pressure even as many still rate it Buy. Zacks Downgrade

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. ValueAct Holdings L.P. boosted its position in shares of MongoDB by 206.8% during the 3rd quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock valued at $657,447,000 after acquiring an additional 1,427,700 shares during the last quarter. AQR Capital Management LLC raised its stake in MongoDB by 2,567.2% in the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock valued at $233,435,000 after purchasing an additional 1,069,969 shares in the last quarter. Amundi raised its stake in MongoDB by 61.3% in the third quarter. Amundi now owns 1,483,396 shares of the company’s stock valued at $477,550,000 after purchasing an additional 563,995 shares in the last quarter. Invesco Ltd. lifted its position in MongoDB by 105.8% during the third quarter. Invesco Ltd. now owns 910,168 shares of the company’s stock valued at $282,498,000 after purchasing an additional 467,836 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in MongoDB by 258.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 604,039 shares of the company’s stock worth $187,560,000 after buying an additional 435,455 shares in the last quarter. Institutional investors own 89.29% of the company’s stock.

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.