Scotiabank Estimates MongoDB’s FY2026 Earnings (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) – Scotiabank increased their FY2026 earnings per share (EPS) estimates for shares of MongoDB in a report issued 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 previous estimate of ($1.48). Scotiabank 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.

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

Other equities research analysts have also recently issued reports about the stock. Morgan Stanley increased their target price on shares of MongoDB from $400.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Robert W. Baird upped their price objective on shares of MongoDB from $335.00 to $500.00 and gave the company an “outperform” rating in a research note 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 report on Tuesday, December 2nd. Monness Crespi & Hardt boosted their target price on MongoDB from $360.00 to $475.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Finally, Rosenblatt Securities upped their price target on MongoDB from $385.00 to $425.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, MongoDB currently has a consensus rating of “Moderate Buy” and a consensus target price of $415.39.

MongoDB Stock Performance

NASDAQ MDB opened at $409.62 on Monday. The business has a fifty day moving average price of $340.44 and a 200 day moving average price of $274.95. The company has a market cap of $33.33 billion, a P/E ratio of -470.83 and a beta of 1.45. MongoDB has a one year low of $140.78 and a one year high of $419.50.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Meiji Yasuda Asset Management Co Ltd. increased its position in shares of MongoDB by 3.8% during the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,101 shares of the company’s stock valued at $342,000 after acquiring an additional 40 shares during the last quarter. Brooklyn Investment Group boosted its position in shares of MongoDB by 7.4% during the 3rd quarter. Brooklyn Investment Group now owns 679 shares of the company’s stock worth $211,000 after purchasing an additional 47 shares during the period. Huntington National Bank boosted its position in shares of MongoDB by 110.9% during the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 51 shares during the period. GAMMA Investing LLC increased its holdings in MongoDB by 46.2% in the 3rd quarter. GAMMA Investing LLC now owns 171 shares of the company’s stock valued at $53,000 after purchasing an additional 54 shares during the last quarter. Finally, Westside Investment Management Inc. raised its position in MongoDB by 82.1% in the third quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock valued at $39,000 after purchasing an additional 55 shares during the period. Institutional investors and hedge funds own 89.29% of the company’s stock.

Insider Buying and Selling

In related news, Director Dwight A. Merriman sold 25,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $320.15, for a total value of $8,003,750.00. Following the completion of the transaction, the director directly owned 1,079,316 shares in the company, valued at approximately $345,543,017.40. This represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Peter Thomas Killalea sold 20,000 shares of MongoDB stock in a transaction 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 completion of the sale, the director owned 32,293 shares in the company, valued at $10,394,147.91. This represents a 38.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 94,172 shares of company stock worth $31,124,200 over the last quarter. 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.