MongoDB (MDB) closed at $299.47 in the latest trading session, marking a +2.06% move from the prior day. This move outpaced the S&P 500's daily gain of 0.84%. Elsewhere, the Dow saw an upswing of 0.03%, while the tech-heavy Nasdaq appreciated by 1.71%.
The database platform's stock has climbed by 27.86% in the past month, exceeding the Computer and Technology sector's gain of 20.99% and the S&P 500's gain of 10.96%.
The upcoming earnings release of MongoDB will be of great interest to investors. The company's earnings report is expected 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. In the meantime, our current consensus estimate forecasts the revenue to be $662.17 million, indicating a 20.61% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.85 per share and revenue of $2.89 billion. These totals would mark changes of +17.71% and +17.25%, respectively, from last 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 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 benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. MongoDB presently features a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that MongoDB has a Forward P/E ratio of 50.16 right now. This denotes a premium relative to the industry average Forward P/E of 19.42.
It is also worth noting that MDB currently has a PEG ratio of 4.3. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. MDB's industry had an average PEG ratio of 1.06 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 90, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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 Report
This article originally published on Zacks Investment Research (zacks.com).