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MongoDB (MDB) Gains As Market Dips: What You Should Know
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In the latest trading session, MongoDB (MDB - Free Report) closed at $331.98, marking a +1.41% move from the previous day. This change outpaced the S&P 500's 0.38% loss on the day. At the same time, the Dow lost 0.3%, and the tech-heavy Nasdaq lost 0.74%.
Shares of the database platform witnessed a loss of 14.14% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 13.13%, and the S&P 500's loss of 3.31%.
Analysts and investors alike will be keeping a close eye on the performance of MongoDB in its upcoming earnings disclosure. The company's earnings report is set to go public on December 1, 2026. In that report, analysts expect MongoDB to post earnings of $1.6 per share. This would mark year-over-year growth of 21.21%. At the same time, our most recent consensus estimate is projecting a revenue of $759.63 million, reflecting a 20.9% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.5 per share and a revenue of $3.02 billion, signifying shifts of +30.78% and +22.65%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for MongoDB. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, MongoDB holds a Zacks Rank of #1 (Strong Buy).
Investors should also note MongoDB's current valuation metrics, including its Forward P/E ratio of 50.4. This represents a premium compared to its industry average Forward P/E of 20.59.
Also, we should mention that MDB has a PEG ratio of 2.3. 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. The average PEG ratio for the Internet - Software industry stood at 1.3 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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MongoDB (MDB) Gains As Market Dips: What You Should Know
In the latest trading session, MongoDB (MDB - Free Report) closed at $331.98, marking a +1.41% move from the previous day. This change outpaced the S&P 500's 0.38% loss on the day. At the same time, the Dow lost 0.3%, and the tech-heavy Nasdaq lost 0.74%.
Shares of the database platform witnessed a loss of 14.14% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 13.13%, and the S&P 500's loss of 3.31%.
Analysts and investors alike will be keeping a close eye on the performance of MongoDB in its upcoming earnings disclosure. The company's earnings report is set to go public on December 1, 2026. In that report, analysts expect MongoDB to post earnings of $1.6 per share. This would mark year-over-year growth of 21.21%. At the same time, our most recent consensus estimate is projecting a revenue of $759.63 million, reflecting a 20.9% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.5 per share and a revenue of $3.02 billion, signifying shifts of +30.78% and +22.65%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for MongoDB. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, MongoDB holds a Zacks Rank of #1 (Strong Buy).
Investors should also note MongoDB's current valuation metrics, including its Forward P/E ratio of 50.4. This represents a premium compared to its industry average Forward P/E of 20.59.
Also, we should mention that MDB has a PEG ratio of 2.3. 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. The average PEG ratio for the Internet - Software industry stood at 1.3 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.