MongoDB (NASDAQ:MDB) Updates FY 2025 Earnings Guidance

MongoDB (NASDAQ:MDB) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 3.010-3.030 for the period, compared to the consensus EPS estimate of 2.470. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion. MongoDB also updated its Q4 guidance to $0.62-$0.65 EPS.

MongoDB Price Performance

MDB traded up $6.73 during midday trading on Monday, reaching $350.13. 5,911,880 shares of the company’s stock were exchanged, compared to its average volume of 1,587,236. The business’s 50-day moving average price is $289.30 and its 200 day moving average price is $269.24. The stock has a market capitalization of $25.86 billion, a PE ratio of -115.94 and a beta of 1.17. MongoDB has a 1-year low of $212.74 and a 1-year high of $509.62. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.03 and a quick ratio of 5.03.

Wall Street Analysts Forecast Growth

MDB has been the topic of several recent analyst reports. Bank of America lifted their target price on MongoDB from $300.00 to $350.00 and gave the company a “buy” rating in a report on Friday, August 30th. Needham & Company LLC increased their target price on shares of MongoDB from $290.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. DA Davidson lifted their target price on shares of MongoDB from $330.00 to $340.00 and gave the company a “buy” rating in a report on Friday, October 11th. Wedbush upgraded MongoDB to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Robert W. Baird boosted their price objective on MongoDB from $305.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, MongoDB currently has an average rating of “Moderate Buy” and an average price target of $345.71.

Insider Buying and Selling at MongoDB

In related news, Director Dwight A. Merriman sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $349.17, for a total transaction of $698,340.00. Following the completion of the transaction, the director now owns 1,124,006 shares of the company’s stock, valued at $392,469,175.02. This trade represents a 0.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CRO Cedric Pech sold 302 shares of the business’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total transaction of $77,387.50. Following the completion of the sale, the executive now owns 33,440 shares in the company, valued at approximately $8,569,000. This trade 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 have sold 25,600 shares of company stock valued at $7,255,929. Company insiders own 3.60% of the company’s stock.

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.