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MongoDB Inc (NASDAQ: MDB) rallied more than 15% on Thursday after reporting a strong first quarter and raising its guidance for the full year. The company's earnings release indicated increased demand from enterprises and startups for modernized software and AI-focused application development.
MongoDB Inc (NASDAQ:MDB) shares surged 15.8% on Thursday after the company delivered better-than-expected first-quarter results and raised its full-year guidance. Revenue for the fiscal first quarter rose 22% year over year to $549 million, beating analysts' expectations of $528.1 million.
MongoDB Inc (NASDAQ:MDB) stock is up 17.1% at $233.84, after the data platform company reported better-than-expected first-quarter results and lifted its full-year forecast, citing strength in its cloud-based service.
Live Updates Live Coverage Has Ended Analyst Call Roundup 6:18 pm by Joel South Here’s a roundup of the most recent analyst calls on MongoDB stock before today’s earnings: In May, Oppenheimer lowered its price target from $330 to $275, maintaining an Outperform rating, citing concerns about growth deceleration but optimism about long-term potential. Loop Capital downgraded MDB from Buy to Hold, reducing the price target from $350 to $190, due to “lackluster” MongoDB Atlas adoption and concerns about competitive positioning. Barclays reduced its price target from $280 to $252, maintaining a Buy rating, reflecting cautious optimism. MongoDB Soars 13% on Earnings Beat 4:38 pm by Joel South MongoDB delivered a robust first quarter for fiscal year 2026, significantly surpassing Wall Street’s consensus estimates for both earnings per share (EPS) and revenue. This strong performance has immediately resonated with investors, driving the stock up by a substantial 13% in af
MongoDB soared on better-than-expected results and a guidance boost. "We are confident in our position to drive profitable growth as we benefit from this next wave of application development," said CEO and president Dev Ittycheria in a release.
MongoDB (NASDAQ: MDB), a prominent database management firm, recently reported impressive Q1 results that greatly surpassed analyst predictions. The company reported adjusted earnings of $1.00 per share on revenue of $549 million, easily exceeding consensus forecasts of $0.66 per share and $528 million, respectively.
MongoDB, Inc. (NASDAQ:MDB ) Q1 2026 Earnings Conference Call June 4, 2025 5:00 PM ET Company Participants Dev C. Ittycheria - President, CEO & Director Michael J.
MongoDB (MDB) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.51 per share a year ago.
First Quarter Fiscal 2026 Total Revenue of $549.0 million, up 22% year-over-year Added 2,600 Customers, with Over 57,100 Total Customers as of April 30, 2025 MongoDB Atlas Revenue up 26% year-over-year; 72% of Total Q1 Revenue Additional Share Repurchase Authorization of $800 million, bringing Total Buyback Authorization to $1 billion NEW YORK , June 4, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced its financial results for the first quarter ended April 30, 2025. "MongoDB is off to a strong start in fiscal 2026 with 26% Atlas revenue growth, meaningful margin outperformance, and the highest total net customer additions in six years," said Dev Ittycheria, President and Chief Executive Officer of MongoDB.
MongoDB, Inc. MDB will release its first-quarter financial results after the closing bell on Wednesday, June 4.