MongoDB (NASDAQ:MDB – Get Free Report) updated its fourth quarter 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.440-1.480 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of $665.0 million-$670.0 million, compared to the consensus revenue estimate of $623.7 million. MongoDB also updated its FY 2026 guidance to 4.760-4.800 EPS.
MongoDB Stock Performance
Shares of NASDAQ MDB traded down $3.50 during midday trading on Monday, reaching $328.87. 4,210,552 shares of the company traded hands, compared to its average volume of 2,329,762. The firm has a market cap of $26.76 billion, a PE ratio of -335.58 and a beta of 1.52. The stock’s 50-day simple moving average is $333.41 and its 200-day simple moving average is $267.92. MongoDB has a 12 month low of $140.78 and a 12 month high of $385.44.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on MDB. Truist Financial upped their price target on shares of MongoDB from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Bank of America upped their target price on MongoDB from $345.00 to $380.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Rosenblatt Securities restated a “buy” rating and issued a $385.00 price target on shares of MongoDB in a report on Tuesday, November 25th. The Goldman Sachs Group boosted their target price on MongoDB from $325.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Finally, Citigroup raised their price target on MongoDB from $425.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $355.39.
Insider Activity
In other news, Director Dwight A. Merriman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $338.52, for a total value of $3,385,200.00. Following the transaction, the director owned 1,055,316 shares in the company, valued at approximately $357,245,572.32. This trade represents a 0.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter Thomas Killalea sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.87, for a total value of $6,437,400.00. Following the transaction, the director directly owned 32,293 shares of the company’s stock, valued at approximately $10,394,147.91. This trade represents a 38.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 91,172 shares of company stock worth $29,794,336. Corporate insiders own 3.10% of the company’s stock.
Institutional Trading of MongoDB
Several large investors have recently made changes to their positions in the company. Brooklyn Investment Group grew its holdings in shares of MongoDB by 7.4% during the 3rd quarter. Brooklyn Investment Group now owns 679 shares of the company’s stock valued at $211,000 after acquiring an additional 47 shares in the last quarter. United Capital Financial Advisors LLC grew its holdings in shares of MongoDB by 4.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 1,544 shares of the company’s stock valued at $479,000 after buying an additional 66 shares during the period. Geneos Wealth Management Inc. increased 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 purchasing an additional 98 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund raised its stake in shares of MongoDB by 6.6% in the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,075 shares of the company’s stock valued at $644,000 after purchasing an additional 128 shares during the period. Finally, Qtron Investments LLC boosted its holdings in MongoDB by 5.4% during the third quarter. Qtron Investments LLC now owns 2,945 shares of the company’s stock worth $914,000 after purchasing an additional 152 shares during the last quarter. 89.29% of the stock is currently owned by hedge funds and other 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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