MongoDB (MDB) closed the most recent trading day at $460.33, moving -2.53% from the previous trading session. This change lagged the S&P 500's 0.17% loss on the day. Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq lost 0.28%.
The database platform's shares have seen an increase of 43.73% over the last month, surpassing the Computer and Technology sector's gain of 4.05% and the S&P 500's gain of 3.84%.
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 September 1, 2026. The company is expected to report EPS of $1.6, up 60% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $733.61 million, up 24.05% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.07 per share and revenue of $2.95 billion. These totals would mark changes of +22.13% and +19.58%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for MongoDB. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 moved 12% lower. MongoDB presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, MongoDB is currently exchanging hands at a Forward P/E ratio of 77.79. Its industry sports an average Forward P/E of 22.38, so one might conclude that MongoDB is trading at a premium comparatively.
It is also worth noting that MDB currently has a PEG ratio of 6.38. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.09.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 86, positioning it in the top 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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MongoDB, Inc. (MDB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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