What is DA Davidson’s Estimate for MongoDB FY2025 Earnings?

MongoDB, Inc. (NASDAQ:MDB) – Research analysts at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for MongoDB in a report issued on Tuesday, December 10th. DA Davidson analyst R. Kessinger now anticipates that the company will post earnings per share of ($1.76) for the year, up from their previous estimate of ($2.38). DA Davidson has a “Buy” rating and a $405.00 price objective on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($2.37) per share. DA Davidson also issued estimates for MongoDB’s FY2026 earnings at ($2.02) EPS.

MongoDB (NASDAQ:MDB) last posted its earnings results on Monday, December 9th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.48. MongoDB had a negative net margin of 12.08% and a negative return on equity of 15.06%. The business had revenue of $529.40 million for the quarter, compared to analysts’ expectations of $497.39 million. During the same quarter in the prior year, the business earned $0.96 EPS. The business’s revenue for the quarter was up 22.3% compared to the same quarter last year.

Other research analysts have also recently issued reports about the company. Royal Bank of Canada lifted their price objective on MongoDB from $350.00 to $400.00 and gave the company an “outperform” rating in a research report on Tuesday. Needham & Company LLC upped their price target on shares of MongoDB from $335.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday. Citigroup increased their price objective on shares of MongoDB from $350.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. KeyCorp lifted their target price on shares of MongoDB from $330.00 to $375.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Finally, Stifel Nicolaus increased their price target on MongoDB from $325.00 to $360.00 and gave the stock a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, MongoDB presently has a consensus rating of “Moderate Buy” and an average price target of $370.08.

MongoDB Trading Down 2.9 %

Shares of NASDAQ:MDB opened at $288.61 on Thursday. MongoDB has a 52-week low of $212.74 and a 52-week high of $509.62. The stock has a market capitalization of $21.32 billion, a price-to-earnings ratio of -95.57 and a beta of 1.17. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.03 and a current ratio of 5.03. The stock’s 50-day simple moving average is $293.13 and its two-hundred day simple moving average is $269.12.

Hedge Funds Weigh In On MongoDB

A number of large investors have recently modified their holdings of MDB. J.Safra Asset Management Corp increased its stake in shares of MongoDB by 682.4% during the 2nd quarter. J.Safra Asset Management Corp now owns 133 shares of the company’s stock worth $33,000 after purchasing an additional 116 shares in the last quarter. Swedbank AB lifted its stake in shares of MongoDB by 156.3% during the second quarter. Swedbank AB now owns 656,993 shares of the company’s stock worth $164,222,000 after purchasing an additional 400,705 shares in the last quarter. LA Financiere DE L Echiquier purchased a new stake in shares of MongoDB during the 2nd quarter valued at about $19,497,000. Blue Trust Inc. lifted its position in MongoDB by 26.6% during the 2nd quarter. Blue Trust Inc. now owns 538 shares of the company’s stock worth $134,000 after acquiring an additional 113 shares in the last quarter. Finally, OFI Invest Asset Management grew its position in MongoDB by 420.4% in the second quarter. OFI Invest Asset Management now owns 510 shares of the company’s stock valued at $119,000 after acquiring an additional 412 shares in the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at MongoDB

In other MongoDB news, Director Dwight A. Merriman sold 3,000 shares of the firm’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 $768,750.00. Following the sale, the director now owns 1,131,006 shares of the company’s stock, valued at approximately $289,820,287.50. This trade represents a 0.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Cedric Pech sold 302 shares of MongoDB stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total transaction of $77,387.50. Following the sale, the executive now owns 33,440 shares in the company, valued at $8,569,000. This represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,600 shares of company stock valued at $7,611,849 in the last 90 days. Company insiders own 3.60% 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.