In the latest close session, MongoDB (MDB) was up +1.37% at $446.62. The stock's performance was ahead of the S&P 500's daily loss of 0.25%. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq decreased by 0.52%.
Shares of the database platform have appreciated by 35.2% over the course of the past month, outperforming the Computer and Technology sector's gain of 7.57%, and the S&P 500's gain of 4.34%.
The investment community will be closely monitoring the performance of MongoDB in its forthcoming earnings report. The company is scheduled to release its earnings on September 1, 2026. The company's upcoming EPS is projected at $1.6, signifying a 60.00% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $733.61 million, reflecting a 24.05% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.07 per share and a revenue of $2.95 billion, indicating changes of +22.13% and +19.58%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for MongoDB. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 42.31% fall in the Zacks Consensus EPS estimate. MongoDB is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note MongoDB's current valuation metrics, including its Forward P/E ratio of 72.64. This expresses a premium compared to the average Forward P/E of 21.62 of its industry.
It's also important to note that MDB currently trades at a PEG ratio of 5.95. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.06.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 77, finds itself in the top 32% echelons of all 250+ industries.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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MongoDB, Inc. (MDB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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