MongoDB jumps after boosting annual forecasts

Mongodb

26/08/2025 21:24

** Database software maker MongoDB's MDB.O shares jump 22% to $261.22 in extended trading

** MDB now expects FY 2026 adjusted profit per share to be between $3.64 and $3.73, compared with its prior forecast of $2.94 and $3.12

** Annual revenue is expected to be between $2.34 billion and $2.36 billion, compared with its prior forecast of $2.25 billion and $2.29 billion

** 30 of 39 brokerages rate the stock "buy" or higher and 9 "hold"; median PT $275 - data compiled by LSEG

** As of last close, MDB shares down 7.9% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))