FY2025 Earnings Estimate for MongoDB Issued By William Blair

MongoDB, Inc. (NASDAQ:MDB) – Analysts at William Blair lifted 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 post earnings of ($1.86) per share for the year, up from their prior forecast 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.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings data on Monday, December 9th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.48. The business had revenue of $529.40 million during the quarter, compared to the consensus estimate of $497.39 million. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. MongoDB’s quarterly revenue was up 22.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.96 earnings per share.

Several other research firms have also issued reports on MDB. UBS Group boosted their price target on shares of MongoDB from $250.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, August 30th. Sanford C. Bernstein boosted their target price on shares of MongoDB from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Citigroup upped their price target on shares of MongoDB from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Wells Fargo & Company lifted their price objective on MongoDB from $350.00 to $425.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Stifel Nicolaus upped their target price on MongoDB from $325.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, December 9th. One analyst has rated the stock with a sell rating, six have given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, MongoDB currently has a consensus rating of “Moderate Buy” and an average target price of $370.08.

MongoDB Price Performance

Shares of MDB opened at $267.19 on Friday. The business has a 50-day moving average of $293.13 and a 200-day moving average of $269.12. The company has a market capitalization of $19.74 billion, a price-to-earnings ratio of -97.51 and a beta of 1.17. MongoDB has a 1 year low of $212.74 and a 1 year high of $509.62.

Insiders Place Their Bets

In other news, Director Dwight A. Merriman sold 3,000 shares of MongoDB stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $323.00, for a total value of $969,000.00. Following the completion of the transaction, the director now owns 1,121,006 shares in the company, valued at $362,084,938. This trade represents a 0.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Thomas Bull sold 154 shares of the business’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $256.25, for a total transaction of $39,462.50. Following the completion of the sale, the chief accounting officer now directly owns 16,068 shares in the company, valued at approximately $4,117,425. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,600 shares of company stock valued at $7,611,849. Corporate insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On MongoDB

Several hedge funds have recently bought and sold shares of MDB. Tidal Investments LLC increased its stake in MongoDB by 76.8% in the 3rd quarter. Tidal Investments LLC now owns 7,859 shares of the company’s stock worth $2,125,000 after acquiring an additional 3,415 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of MongoDB in the third quarter worth approximately $44,000. Virtu Financial LLC raised its stake in MongoDB by 351.2% in the third quarter. Virtu Financial LLC now owns 10,016 shares of the company’s stock valued at $2,708,000 after purchasing an additional 7,796 shares in the last quarter. Teachers Retirement System of The State of Kentucky purchased a new stake in shares of MongoDB during the 3rd quarter valued at $5,840,000. Finally, Toronto Dominion Bank lifted its stake in MongoDB by 21.9% during the third quarter. Toronto Dominion Bank now owns 9,462 shares of the company’s stock worth $2,558,000 after purchasing an additional 1,699 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

About MongoDB

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.