What is Scotiabank’s Estimate for MongoDB FY2026 Earnings?

MongoDB, Inc. (NASDAQ:MDB) – Research analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for MongoDB in a note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Colville anticipates that the company will post earnings of ($1.81) per share for the year. Scotiabank currently has a “Sector Perform” rating and a $350.00 target price on the stock. The consensus estimate for MongoDB’s current full-year earnings is ($1.86) per share.

A number of other analysts have also recently commented on the company. KeyCorp upped their price objective on MongoDB from $330.00 to $375.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. DA Davidson increased their price objective on shares of MongoDB from $340.00 to $405.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Barclays raised their price objective on shares of MongoDB from $375.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, December 10th. The Goldman Sachs Group increased their price target on shares of MongoDB from $340.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, Citigroup boosted their price objective on shares of MongoDB from $400.00 to $430.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.14.

MongoDB Trading Up 1.1 %

Shares of MDB opened at $248.68 on Thursday. The firm has a fifty day simple moving average of $282.39 and a two-hundred day simple moving average of $269.01. The firm has a market cap of $18.52 billion, a PE ratio of -90.76 and a beta of 1.25. MongoDB has a 1-year low of $212.74 and a 1-year high of $509.62.

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 10.46% and a negative return on equity of 12.22%. 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.

Insider Transactions at MongoDB

In other news, CAO Thomas Bull sold 169 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total transaction of $39,561.21. Following the transaction, the chief accounting officer now owns 14,899 shares of the company’s stock, valued at approximately $3,487,706.91. The trade was a 1.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Cedric Pech sold 287 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $67,183.83. Following the completion of the sale, the insider now owns 24,390 shares of the company’s stock, valued at approximately $5,709,455.10. This represents a 1.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 30,161 shares of company stock valued at $8,427,806 in the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On MongoDB

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

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.