PREVIEW: MongoDB slips as investors await earnings

Mongodb

02/03/2026 19:04

** Shares of MongoDB MDB.O near flat ahead of qtrly results after the bell, with analysts expecting strong rev growth from the database software provider

** MDB is expected to report qtrly rev up 22% to $667.1 mln and adj EPS of $1.45 vs $1.28 a yr ago, per LSEG

** MDB's stock has dropped about 22% YTD, underperforming the Nasdaq's .IXIC 2% fall

** The stock is down ~44% from its record high close in November 2021

** Of 42 analysts covering the stock, 32 rate it "buy" or higher and 10 and rate it "hold", with a median PT of $450 vs current price of $328.70

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))