Wedbush Estimates MongoDB’s FY2025 Earnings (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) – Analysts at Wedbush boosted their FY2025 earnings estimates for MongoDB in a research note issued to investors on Tuesday, December 10th. Wedbush analyst D. Ives now forecasts that the company will post earnings of ($1.81) per share for the year, up from their previous estimate of ($2.26). Wedbush currently has a “Strong-Buy” rating on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($2.29) per share. Wedbush also issued estimates for MongoDB’s Q4 2025 earnings at ($0.66) EPS, Q1 2026 earnings at ($0.73) EPS, Q2 2026 earnings at ($0.54) EPS, Q3 2026 earnings at ($0.12) EPS, Q4 2026 earnings at ($0.33) EPS and FY2026 earnings at ($1.73) EPS.

MongoDB (NASDAQ:MDB) last issued its earnings results 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. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The business had revenue of $529.40 million during the quarter, compared to analyst estimates of $497.39 million. During the same period in the previous year, the company posted $0.96 EPS. MongoDB’s revenue was up 22.3% on a year-over-year basis.

Several other brokerages have also recently weighed in on MDB. Mizuho upped their price target on shares of MongoDB from $275.00 to $320.00 and gave the stock a “neutral” rating in a research report on Tuesday. DA Davidson upped their target price on MongoDB from $340.00 to $405.00 and gave the stock a “buy” rating in a report on Tuesday. Oppenheimer increased their target price on MongoDB from $350.00 to $400.00 and gave the company an “outperform” rating in a research report on Tuesday. UBS Group boosted their price target on MongoDB from $250.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, August 30th. Finally, Scotiabank raised their price objective on MongoDB from $295.00 to $350.00 and gave the company a “sector perform” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, MongoDB presently has a consensus rating of “Moderate Buy” and an average price target of $370.08.

MongoDB Price Performance

NASDAQ:MDB opened at $267.19 on Friday. MongoDB has a 1-year low of $212.74 and a 1-year high of $509.62. The company has a 50-day moving average of $293.13 and a 200 day moving average of $269.12. The firm has a market cap of $19.74 billion, a PE ratio of -97.51 and a beta of 1.17.

Insider Activity at MongoDB

In other news, CAO Thomas Bull sold 154 shares of the business’s stock in a transaction dated 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 owns 16,068 shares of the company’s stock, valued at $4,117,425. The trade was a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dwight A. Merriman sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $256.25, for a total transaction of $768,750.00. Following the completion of the transaction, the director now directly owns 1,131,006 shares in the company, valued at $289,820,287.50. This represents a 0.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,600 shares of company stock worth $7,611,849. 3.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MongoDB

Hedge funds have recently made changes to their positions in the company. Aigen Investment Management LP acquired a new position in MongoDB during the third quarter worth about $1,045,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of MongoDB during the 3rd quarter worth approximately $4,366,000. Charles Schwab Investment Management Inc. grew its position in shares of MongoDB by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 278,419 shares of the company’s stock valued at $75,271,000 after purchasing an additional 7,575 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of MongoDB in the second quarter valued at approximately $1,860,000. Finally, Sycomore Asset Management lifted its position in MongoDB by 86.4% during the second quarter. Sycomore Asset Management now owns 53,568 shares of the company’s stock worth $12,884,000 after buying an additional 24,827 shares in the last quarter. Institutional investors and hedge funds 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.