These Analysts Slash Their Forecasts On MongoDB Following Q4 Earnings

by | Mar 3, 2026 | General

MongoDB Inc (NASDAQ:MDB) on Monday reported upbeat fourth-quarter financial results but issued first-quarter adjusted EPS guidance below estimates.

MongoDB reported quarterly earnings of $1.65 per share, which beat the Street estimate of $1.45, according to Benzinga Pro. Quarterly revenue of $695.07 million beat the consensus estimate of $667.15 million and was up from $548.4 million from the same period last year.

MongoDB expects first-quarter adjusted EPS of $1.15 to $1.19, versus the $1.21 analyst estimate, and revenue of $659 million to $664 million, versus the $661.94 million estimate.

“We delivered strong fourth quarter results driven by our continued go-to-market execution and the broad-based demand we are seeing across our product lines, as customers deploy additional elements of the MongoDB platform,” said CJ Desai, CEO of MongoDB.

Mongodb shares dipped 27.2% to $236.50 in pre-market trading.

These analysts made changes to their price targets on MongoDB following earnings announcement.

  • Baird analyst William Power downgraded MongoDB from Outperform to Neutral and lowered the price target from $500 to $260.
  • Needham analyst Mike Cikos maintained the stock with a Buy and cut the price target from $500 to $300.
  • Bernstein analyst Firoz Valliji maintained MongoDB with an Outperform rating and lowered the price target from $452 to $428.
  • Rosenblatt analyst Blair Abernethy maintained the stock with a Buy and lowered the price target from $425 to $385.
  • Mizuho analyst Matthew Broome maintained MongoDB with a Neutral and lowered the price target from $380 to $290.
  • Scotiabank analyst Patrick Colville maintained the stock with a Sector Perform and cut the price target from $415 to $275.

Considering buying MDB stock? Here’s what analysts think:

Photo via Shutterstock