What is Scotiabank’s Forecast for MongoDB FY2026 Earnings?

MongoDB, Inc. (NASDAQ:MDB) – Equities research analysts at Scotiabank upped their FY2026 earnings per share estimates for MongoDB in a research report issued to clients and investors on Thursday, December 4th. Scotiabank analyst P. Colville now expects that the company will post earnings of ($0.40) per share for the year, up from their prior estimate of ($1.48). Scotiabank currently has a “Sector Perform” rating and a $415.00 price target on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.78) per share.

A number of other research analysts also recently commented on the stock. Macquarie raised their target price on shares of MongoDB from $305.00 to $385.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Cantor Fitzgerald increased their price objective on shares of MongoDB from $406.00 to $454.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Argus lifted their price objective on shares of MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Bank of America upped their target price on MongoDB from $440.00 to $480.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Finally, Citizens Jmp increased their target price on MongoDB from $435.00 to $475.00 and gave the company a “market outperform” rating in a research report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, MongoDB has an average rating of “Moderate Buy” and a consensus price target of $415.39.

MongoDB Trading Down 1.1%

Shares of MongoDB stock opened at $414.06 on Monday. The stock’s fifty day moving average price is $344.54 and its 200-day moving average price is $278.17. The firm has a market cap of $33.69 billion, a P/E ratio of -475.93 and a beta of 1.45. MongoDB has a 12 month low of $140.78 and a 12 month high of $424.64.

MongoDB (NASDAQ:MDB) last issued its earnings results on Monday, December 1st. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.53. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The business had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. During the same period in the previous year, the company posted $1.16 EPS. MongoDB’s revenue was up 18.7% on a year-over-year basis. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS.

Institutional Investors Weigh In On MongoDB

Several institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP increased its holdings in shares of MongoDB by 23.1% during the third quarter. Allworth Financial LP now owns 1,167 shares of the company’s stock valued at $362,000 after acquiring an additional 219 shares in the last quarter. Swiss Life Asset Management Ltd boosted its stake in MongoDB by 33.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 8,264 shares of the company’s stock worth $2,565,000 after purchasing an additional 2,056 shares in the last quarter. Cambria Investment Management L.P. grew its position in MongoDB by 1.5% during the 3rd quarter. Cambria Investment Management L.P. now owns 7,050 shares of the company’s stock worth $2,188,000 after purchasing an additional 102 shares during the last quarter. Strategic Advocates LLC acquired a new position in MongoDB during the 3rd quarter valued at approximately $43,000. Finally, CIBC Bancorp USA Inc. acquired a new position in MongoDB during the 3rd quarter valued at approximately $909,000. Institutional investors and hedge funds own 89.29% of the company’s stock.

Insiders Place Their Bets

In other news, Director Peter Thomas Killalea sold 20,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.87, for a total transaction 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 represents a 38.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Roelof Botha sold 24,850 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $78,978,410. This represents a 11.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 119,022 shares of company stock valued at $41,209,572. 3.10% of the stock is currently owned by insiders.

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.