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.
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.
Get a deeper insight into the potential performance of MongoDB (MDB) for the quarter ended April 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
MongoDB (NASDAQ:MDB) a database management company, is scheduled to report its earnings on Wednesday, June 4, 2025. Historically, MDB stock has reacted negatively to earnings announcements, with a one-day decline in 55% of instances over the past five years.
Software stock MongoDB Inc (NASDAQ:MDB) is down 1.5% at $186.09 at last glance, after a downgrade from Loop Capital to "hold" from "buy," with a steep price-target cut to $190 from $350.
MongoDB (MDB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In the closing of the recent trading day, MongoDB (MDB) stood at $193.74, denoting a -1.1% change from the preceding trading day.
MongoDB's growth is driven by Atlas, which saw a revenue share increase from 23% in 2019 to 70% in 2025, with ARPU growing at 20.54%. MongoDB ranks sixth overall in the database market but is the second-best NoSQL database, with a market share quadrupling in five years. The company is shifting focus to larger customers, like Fortune 500 firms, where the cost of Atlas subscription is minimal, offering significant ARPU growth potential.
The latest trading day saw MongoDB (MDB) settling at $172.17, representing a -1.44% change from its previous close.
MongoDB (MDB) closed at $152.15 in the latest trading session, marking a +0.32% move from the prior day.