MongoDB Inc
Technology
MongoDB Inc (MDB) Stock News
The latest MDB headlines and market coverage — 3 recent stories, updated throughout the day.
- Zacks Investment Research·
Earnings Estimates Moving Higher for MongoDB (MDB): Time to Buy?
MongoDB (MDB) has received positive analyst attention with significant upward revisions to earnings estimates for both the current quarter and full year. The company is expected to earn $1.60 per share for the current quarter (+21.2% YoY) and $6.50 for the full year (+30.8% YoY). These favorable estimate revisions have earned MongoDB a Zacks Rank #2 (Buy) rating, suggesting potential for further stock appreciation.
- Zacks Investment Research·Neutral
MongoDB (MDB) Increases Despite Market Slip: Here's What You Need to Know
MongoDB stock rose 1.37% to $446.62, outperforming broader market indices despite a market downturn. The stock has gained 35.2% over the past month. Ahead of its September 1 earnings report, the company is expected to report EPS of $1.6 (up 60% YoY) and revenue of $733.61 million (up 24.05% YoY). However, the Zacks Rank is #3 (Hold) with a notably high Forward P/E of 72.64 and PEG ratio of 5.95, both significantly above industry averages.
- Zacks Investment Research·
Ahead of MongoDB (MDB) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
MongoDB is expected to report Q2 earnings of $1.60 per share (up 60% YoY) with revenues forecasted at $733.61 million (up 24% YoY). Key metrics show subscription revenue at $710.67 million (+24.2% YoY), Atlas-related revenue at $552.44 million (+25.9% YoY), and MongoDB Atlas customers estimated at 68,939 (up from 58,300 last year). The stock has gained 26.5% over the past month and holds a Zacks Rank #3 (Hold) rating.