Scattered clouds with the possibility of an isolated thunderstorm developing this afternoon. High 83F. Winds SW at 10 to 15 mph. Chance of rain 30%..
Some clouds this evening will give way to mainly clear skies overnight. Low 61F. Winds NW at 5 to 10 mph.
Updated: August 21, 2026 @ 5:40 am
MongoDB (MDB) ended the recent trading session at $420.37, demonstrating a -4.58% change from the preceding day's closing price. This change lagged the S&P 500's 0.87% loss on the day. Meanwhile, the Dow lost 1.32%, and the Nasdaq, a tech-heavy index, lost 1%.
Shares of the database platform witnessed a gain of 44.45% over the previous month, beating the performance of the Computer and Technology sector with its gain of 3.23%, and the S&P 500's gain of 3.48%.
Investors will be eagerly watching for the performance of MongoDB in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on September 1, 2026. The company is forecasted to report an EPS of $1.6, showcasing a 60% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $733.61 million, indicating a 24.05% increase compared to the same quarter of the previous year.
MDB's full-year Zacks Consensus Estimates are calling for earnings of $6.07 per share and revenue of $2.95 billion. These results would represent year-over-year changes of +22.13% and +19.58%, respectively.
Any recent changes to analyst estimates for MongoDB should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 42.31% lower. MongoDB presently features a Zacks Rank of #3 (Hold).
With respect to valuation, MongoDB is currently being traded at a Forward P/E ratio of 72.64. This valuation marks a premium compared to its industry average Forward P/E of 21.31.
Also, we should mention that MDB has a PEG ratio of 5.95. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 1 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 89, placing it within the top 37% of over 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.
To follow MDB in the coming trading sessions, be sure to utilize Zacks.com.
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.Â
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Â
Originally published on zacks.com, part of the BLOX Digital Content Exchange.
Please disable your ad blocker, whitelist our site, or purchase a subscription
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.