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MongoDB (MDB) Rises As Market Takes a Dip: Key Facts
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In the latest close session, MongoDB (MDB - Free Report) was up +2.99% at $312.16. The stock outperformed the S&P 500, which registered a daily loss of 1.24%. Meanwhile, the Dow experienced a drop of 1.07%, and the technology-dominated Nasdaq saw a decrease of 1.54%.
The database platform's shares have seen an increase of 20.69% over the last month, surpassing the Computer and Technology sector's gain of 15.86% and the S&P 500's gain of 7.72%.
Investors will be eagerly watching for the performance of MongoDB in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 28, 2026. It is anticipated that the company will report an EPS of $1.18, marking a 18% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $662.17 million, up 20.61% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.85 per share and a revenue of $2.89 billion, demonstrating changes of +17.71% and +17.25%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for MongoDB. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. MongoDB is currently sporting a Zacks Rank of #5 (Strong Sell).
In terms of valuation, MongoDB is currently trading at a Forward P/E ratio of 51.81. This signifies a premium in comparison to the average Forward P/E of 17.75 for its industry.
One should further note that MDB currently holds a PEG ratio of 4.44. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 98, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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MongoDB (MDB) Rises As Market Takes a Dip: Key Facts
In the latest close session, MongoDB (MDB - Free Report) was up +2.99% at $312.16. The stock outperformed the S&P 500, which registered a daily loss of 1.24%. Meanwhile, the Dow experienced a drop of 1.07%, and the technology-dominated Nasdaq saw a decrease of 1.54%.
The database platform's shares have seen an increase of 20.69% over the last month, surpassing the Computer and Technology sector's gain of 15.86% and the S&P 500's gain of 7.72%.
Investors will be eagerly watching for the performance of MongoDB in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 28, 2026. It is anticipated that the company will report an EPS of $1.18, marking a 18% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $662.17 million, up 20.61% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.85 per share and a revenue of $2.89 billion, demonstrating changes of +17.71% and +17.25%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for MongoDB. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. MongoDB is currently sporting a Zacks Rank of #5 (Strong Sell).
In terms of valuation, MongoDB is currently trading at a Forward P/E ratio of 51.81. This signifies a premium in comparison to the average Forward P/E of 17.75 for its industry.
One should further note that MDB currently holds a PEG ratio of 4.44. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 98, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.