What is KeyCorp’s Forecast for MongoDB Q2 Earnings?

MongoDB, Inc. (NASDAQ:MDBFree Report) – Equities researchers at KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for shares of MongoDB in a research report issued on Thursday, December 19th. KeyCorp analyst E. Heath anticipates that the company will earn ($0.43) per share for the quarter. KeyCorp currently has a “Overweight” rating and a $375.00 price target on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.86) per share. KeyCorp also issued estimates for MongoDB’s Q4 2026 earnings at ($0.38) EPS.

MongoDB (NASDAQ:MDBGet Free Report) last released 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 company had revenue of $529.40 million during the quarter, compared to analysts’ expectations of $497.39 million. MongoDB had a negative net margin of 10.46% and a negative return on equity of 12.22%. The firm’s revenue for the quarter was up 22.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.96 earnings per share.

A number of other analysts also recently issued reports on the company. Truist Financial reaffirmed a “buy” rating and issued a $400.00 target price (up from $320.00) on shares of MongoDB in a research note on Tuesday, December 10th. JMP Securities reissued a “market outperform” rating and set a $380.00 price target on shares of MongoDB in a research report on Wednesday, December 11th. Needham & Company LLC boosted their target price on MongoDB from $335.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Wedbush raised shares of MongoDB to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, Rosenblatt Securities initiated coverage on shares of MongoDB in a report on Tuesday, December 17th. They set a “buy” rating and a $350.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $366.14.

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MongoDB Stock Up 0.3 %

MDB opened at $245.63 on Monday. MongoDB has a 52-week low of $212.74 and a 52-week high of $509.62. The firm’s fifty day simple moving average is $291.05 and its two-hundred day simple moving average is $267.81. The company has a market cap of $18.14 billion, a price-to-earnings ratio of -89.65 and a beta of 1.17.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Aigen Investment Management LP acquired a new position in MongoDB in the 3rd quarter worth about $1,045,000. Geode Capital Management LLC grew its stake in shares of MongoDB by 2.9% in the third quarter. Geode Capital Management LLC now owns 1,230,036 shares of the company’s stock worth $331,776,000 after acquiring an additional 34,814 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of MongoDB during the 3rd quarter worth about $4,366,000. Charles Schwab Investment Management Inc. raised its holdings in MongoDB by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 278,419 shares of the company’s stock valued at $75,271,000 after acquiring an additional 7,575 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in MongoDB in the second quarter worth $1,860,000. 89.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Thomas Bull sold 1,000 shares of MongoDB stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $355.92, for a total transaction of $355,920.00. Following the transaction, the chief accounting officer now directly owns 15,068 shares of the company’s stock, valued at $5,363,002.56. The trade was a 6.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Cedric Pech sold 302 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total value of $77,387.50. Following the sale, the executive now directly owns 33,440 shares of the company’s stock, valued at approximately $8,569,000. This represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,775 shares of company stock worth $9,264,812. Insiders own 3.60% of the company’s stock.

About MongoDB

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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.

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Earnings History and Estimates for MongoDB (NASDAQ:MDB)

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