What is KeyCorp’s Forecast for MongoDB Q2 Earnings?

MongoDB, Inc. (NASDAQ:MDBFree Report) – Research analysts at KeyCorp issued their Q2 2026 earnings estimates for shares of MongoDB in a note issued to investors on Thursday, December 19th. KeyCorp analyst E. Heath expects that the company will post earnings per share of ($0.43) 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.

Other equities research analysts have also issued research reports about the stock. Stifel Nicolaus lifted their price objective on shares of MongoDB from $325.00 to $360.00 and gave the company a “buy” rating in a report on Monday, December 9th. Scotiabank lifted their target price on MongoDB from $295.00 to $350.00 and gave the company a “sector perform” rating in a research report on Tuesday, December 10th. Tigress Financial increased their price target on MongoDB from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Loop Capital lifted their price objective on MongoDB from $315.00 to $400.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, Piper Sandler reissued an “overweight” rating and set a $425.00 target price on shares of MongoDB in a research report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, MongoDB presently has an average rating of “Moderate Buy” and a consensus target price of $366.14.

Check Out Our Latest Research Report on MongoDB

MongoDB Stock Up 0.0 %

MDB opened at $243.00 on Monday. The business has a fifty day moving average of $290.13 and a 200 day moving average of $267.90. MongoDB has a 52-week low of $212.74 and a 52-week high of $509.62. The stock has a market cap of $18.10 billion, a P/E ratio of -88.69 and a beta of 1.17.

MongoDB (NASDAQ:MDBGet Free Report) last issued its quarterly earnings results on Monday, December 9th. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.48. The company had revenue of $529.40 million during 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%. MongoDB’s revenue was up 22.3% on a year-over-year basis. During the same period last year, the company earned $0.96 earnings per share.

Institutional Trading of MongoDB

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its holdings in MongoDB by 2.7% during the 3rd quarter. Principal Financial Group Inc. now owns 6,095 shares of the company’s stock valued at $1,648,000 after acquiring an additional 160 shares during the period. Tidal Investments LLC grew its holdings in shares of MongoDB by 76.8% in the third quarter. Tidal Investments LLC now owns 7,859 shares of the company’s stock valued at $2,125,000 after purchasing an additional 3,415 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in MongoDB during the 3rd quarter worth approximately $44,000. Virtu Financial LLC lifted its holdings in MongoDB by 351.2% during the 3rd quarter. Virtu Financial LLC now owns 10,016 shares of the company’s stock worth $2,708,000 after buying an additional 7,796 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky acquired a new position in shares of MongoDB in the third quarter worth $5,840,000. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at MongoDB

In other news, Director Hope F. Cochran sold 1,175 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $266.99, for a total transaction of $313,713.25. Following the completion of the sale, the director now owns 17,570 shares of the company’s stock, valued at $4,691,014.30. This represents a 6.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Michael Lawrence Gordon sold 5,000 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $267.85, for a total transaction of $1,339,250.00. Following the sale, the chief financial officer now directly owns 80,307 shares of the company’s stock, valued at approximately $21,510,229.95. This represents a 5.86 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,775 shares of company stock valued at $9,264,812 over the last 90 days. Corporate insiders own 3.60% of the company’s stock.

MongoDB Company Profile

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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.

See Also

Earnings History and Estimates for MongoDB (NASDAQ:MDB)

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