Wedbush Has Bullish Forecast for MongoDB FY2025 Earnings

MongoDB, Inc. (NASDAQ:MDB) – Research analysts at Wedbush upped their FY2025 earnings estimates for shares of MongoDB in a report issued on Tuesday, December 10th. Wedbush analyst D. Ives now anticipates that the company will post earnings per share of ($1.81) for the year, up from their prior forecast 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 posted its earnings results on Monday, December 9th. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.48. The company had revenue of $529.40 million for the quarter, compared to the consensus estimate of $497.39 million. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. The company’s revenue for the quarter was up 22.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.96 earnings per share.

A number of other research firms also recently issued reports on MDB. UBS Group boosted their price target on shares of MongoDB from $250.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, August 30th. Stifel Nicolaus boosted their target price on MongoDB from $325.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Barclays raised their price target on MongoDB from $375.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday. Piper Sandler reiterated an “overweight” rating and issued a $425.00 price objective on shares of MongoDB in a report on Tuesday. Finally, Scotiabank raised their target price on MongoDB from $295.00 to $350.00 and gave the company a “sector perform” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, MongoDB currently 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. The stock has a market capitalization of $19.74 billion, a P/E ratio of -97.51 and a beta of 1.17. The firm’s 50-day moving average is $293.13 and its two-hundred day moving average is $269.12. MongoDB has a 12 month low of $212.74 and a 12 month high of $509.62.

Institutional Trading of MongoDB

A number of large investors have recently bought and sold shares of the business. Jennison Associates LLC raised its holdings in shares of MongoDB by 23.6% in the third quarter. Jennison Associates LLC now owns 3,102,024 shares of the company’s stock valued at $838,632,000 after buying an additional 592,038 shares during the last quarter. Geode Capital Management LLC raised its stake in MongoDB by 2.9% during 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. Westfield Capital Management Co. LP lifted its position in MongoDB by 1.5% during the 3rd quarter. Westfield Capital Management Co. LP now owns 496,248 shares of the company’s stock worth $134,161,000 after acquiring an additional 7,526 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of MongoDB by 1,098.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 424,402 shares of the company’s stock valued at $106,084,000 after purchasing an additional 388,979 shares during the last quarter. Finally, Holocene Advisors LP increased its holdings in shares of MongoDB by 22.6% in the third quarter. Holocene Advisors LP now owns 362,603 shares of the company’s stock valued at $98,030,000 after purchasing an additional 66,730 shares during the period. Institutional investors and hedge funds own 89.29% of the company’s stock.

Insider Transactions at MongoDB

In other news, Director Dwight A. Merriman sold 3,000 shares of MongoDB stock in a transaction dated Wednesday, October 2nd. The stock was 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 in the company, valued at approximately $289,820,287.50. The trade was a 0.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Thomas Bull sold 154 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total value of $39,462.50. Following the transaction, the chief accounting officer now owns 16,068 shares in the company, valued at $4,117,425. This represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,600 shares of company stock valued at $7,611,849. Corporate 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.