KeyCorp Weighs in on MongoDB’s Q2 Earnings (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) – Research analysts at KeyCorp issued their Q2 2026 EPS estimates for shares of MongoDB in a research note issued 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 target price 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.

MDB has been the topic of several other research reports. Loop Capital increased their target price on MongoDB from $315.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Royal Bank of Canada increased their price target on shares of MongoDB from $350.00 to $400.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Tigress Financial boosted their price objective on shares of MongoDB from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. DA Davidson raised their price target on shares of MongoDB from $340.00 to $405.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, Wedbush upgraded MongoDB to a “strong-buy” rating in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $366.14.

MongoDB Price Performance

Shares of MongoDB stock opened at $242.92 on Monday. MongoDB has a 1 year low of $212.74 and a 1 year high of $509.62. The stock has a fifty day moving average price of $290.13 and a 200-day moving average price of $267.90. The firm has a market cap of $17.94 billion, a PE ratio of -88.66 and a beta of 1.17.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Monday, December 9th. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.68 by $0.48. The firm 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%. The company’s quarterly revenue was up 22.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 earnings per share.

Insiders Place Their Bets

In other news, Director Hope F. Cochran sold 1,175 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $266.99, for a total transaction of $313,713.25. Following the transaction, the director now owns 17,570 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this link. Also, CRO Cedric Pech sold 302 shares of MongoDB stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $256.25, for a total value of $77,387.50. Following the sale, the executive now owns 33,440 shares of the company’s stock, valued at approximately $8,569,000. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 32,775 shares of company stock worth $9,264,812. Corporate insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MDB. Nisa Investment Advisors LLC raised its position in MongoDB by 3.8% during the third quarter. Nisa Investment Advisors LLC now owns 1,090 shares of the company’s stock valued at $295,000 after acquiring an additional 40 shares in the last quarter. Taylor Frigon Capital Management LLC increased its holdings in shares of MongoDB by 0.4% in the second quarter. Taylor Frigon Capital Management LLC now owns 9,903 shares of the company’s stock valued at $2,475,000 after purchasing an additional 42 shares during the last quarter. Tanager Wealth Management LLP grew its stake in shares of MongoDB by 4.7% in the 3rd quarter. Tanager Wealth Management LLP now owns 957 shares of the company’s stock valued at $259,000 after buying an additional 43 shares during the period. Fifth Third Bancorp increased its position in shares of MongoDB by 7.6% during the 2nd quarter. Fifth Third Bancorp now owns 620 shares of the company’s stock worth $155,000 after purchasing an additional 44 shares during the last quarter. Finally, Rakuten Securities Inc. boosted its position in shares of MongoDB by 16.5% during the third quarter. Rakuten Securities Inc. now owns 332 shares of the company’s stock worth $90,000 after buying an additional 47 shares during the period. Institutional investors own 89.29% 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.