MDB

There is a specific kind of earnings report that is genuinely hard to read. The one that beats on revenue, raises full-year guidance, shows improving margins, but still leaves investors asking whether the most important growth driver has actually arrived yet. MongoDB (MDB) just delivered exactly that quarter. And Morgan Stanley's response captures the tension precisely. Morgan Stanley raised its price target on MongoDB (MDB) after the company’s first-quarter fiscal 2027 results on May 28. The note's title said it plainly: MDB is down 24.65% year-to-date compared to the S&P 500's 10.78% gain, according to Yahoo Finance. The stock is being priced for a company whose AI moment has not yet arrived. Morgan Stanley argues that the timeline is getting shorter and that the underlying business is strong enough to own while waiting. Morgan Stanley raised its price target on MongoDB (MDB) to $380 from $335 in a note shared with me at TheStreet, maintaining its Overweight rating. This came after its Q1 fiscal 2027 results actually showed solid results. The first-quarter scorecard from MongoDB's May 28 earnings release: Total revenue of $687.6 million, up 25% year over year, beating consensus by $23 million Atlas cloud revenue up more than 29% year over year Enterprise Advanced revenue up more than 13% year over year Full-year fiscal 2027 guidance raised — FY27 revenue midpoint growth lifted to approximately 19.5% from 17% previouQ2 guidance calling for 24% growth, approximately $31 million ahead of consensus Source: Morgan Stanley Note and MongoDB First Quarter Fiscal 2027 Results The guidance raise is the headline number Morgan Stanley wants you and other investors to focus on. The full-year outlook was raised by $60 million. In fact, that is more than the Q1 beat and Q2 raise combined, according to the note. That means management is seeing something in the second half of fiscal 2027 that justified raising beyond what the near-term results alone warranted. Related: Bank of America resets MongoDB stock price target ahead of earnings This here is the one soft note from the note. Atlas’ 29% growth came in slightly below elevated investor expectations of 30%-31%, particularly after strong recent results from peers Datadog and Snowflake. Management described Atlas as having become more predictable and less sensitive to individual customer movements, characterizing the curre...

MongoDB, Inc.MDB delivered first-quarter fiscal 2027 non-GAAP earnings of $1.32 per share, up 32% year over year and beating the Zacks Consensus Estimate by 11.86%.Total revenues increased 25.3% year over year to $687.62 million and surpassed the consensus estimate by 3.84%.Segment-wise, subscription revenues rose 25% year over year to $666.1 million, representing the dominant share of total revenues. Services revenues increased 22% year over year to $21.5 million, reflecting continued strength in the company’s subscription-led business model.Within subscription revenues, Atlas-related revenues totaled $512.5 million, while MongoDB Enterprise Advanced and other revenues were $153.7 million. Management noted that Atlas represented roughly three-quarters of total first-quarter revenues, underscoring the continued momentum in the company’s cloud platform business. MongoDB, Inc. price-consensus-eps-surprise-chart | MongoDB, Inc. Quote The company ended the fiscal first quarter with more than 67,700 customers, up from 57,100 in the prior-year period, adding 2,500 customers sequentially during the quarter.Atlas customers exceeded 66,400 by the end of the quarter, increasing from 55,800 in the year-ago period.In the first quarter of fiscal 2027, MongoDB had 2,895 customers with annual recurring revenues of at least $100,000, up from 2,506 in the prior-year quarter. Revenue growth from this cohort outpaced overall company revenue growth, reflecting sustained enterprise adoption.The company also highlighted expanding platform adoption, with 45% of Atlas customers generating at least $100,000 in ARR using two or more features compared with 37% in the prior-year quarter. Total company net ARR expansion improved to 121%, reflecting healthy customer consumption trends. In the fiscal first quarter, MongoDB’s non-GAAP gross profit was $512.2 million, while the non-GAAP gross margin remained stable year over year at 74%.Non-GAAP sales and marketing expenses increased 18.6% year over year to $214.7 million. Sales and marketing expenses, as a percentage of revenues, decreased 170 basis points (bps) year over year to 31.2%.Non-GAAP research and development expenses grew 26.5% on a year-over-year basis to $127.1 million. Research and development, as a percentage of revenues, increased 20 bps year over year to 18.5%.Non-GAAP general and administrative expenses rose 25.5% year ov...

MongoDB (NASDAQ:MDB) gained more than 4% in pre-market trading on Friday, adding to a 10.6% rise from the previous session, after the database software provider delivered first-quarter fiscal 2027 results that surpassed analyst forecasts across key financial metrics and increased its outlook for the full year. The stock experienced significant volatility following the earnings release, initially surging more than 20% in after-hours trading before surrendering much of those gains. Morgan Stanley attributed the reversal to management comments suggesting that Atlas growth was “more likely to sustain rather than accelerate.” MongoDB reported first-quarter revenue of $687.6 million, representing year-on-year growth of 25.2% and exceeding the consensus estimate of $664.1 million by $23.5 million. Adjusted diluted earnings per share came in at $1.32, outperforming analyst expectations of $1.19 by $0.13. Adjusted operating income reached $123.2 million, comfortably ahead of the consensus forecast of $108.9 million, while adjusted gross profit totalled $512.2 million, exceeding expectations of $493.1 million and producing a gross margin of 74.5%. MongoDB’s Atlas cloud database platform continued to be a major growth driver during the quarter. Atlas revenue increased 29.4% year-on-year to $512.5 million, slightly faster than the 29.2% growth recorded in the previous quarter. Meanwhile, Enterprise Advanced and other subscription revenue rose 13.4% to $153.7 million, comfortably above the analyst consensus estimate of $144.9 million. The company also delivered strong cash generation, with free cash flow reaching $197.5 million compared with market expectations of $125.4 million. MongoDB reported continued growth among higher-value customers. The number of customers generating more than $100,000 in annual recurring revenue increased to 2,895, compared with 2,506 in the same period last year. “We delivered better-than-expected first quarter results, as our go-to-market teams continue to execute well and capitalize on strong end-market demand for the MongoDB platform across enterprise use cases and emerging AI opportunities,” said President and Chief Executive Officer CJ Desai. Management also issued stronger-than-expected guidance for both the current quarter and the full fiscal year. For the second quarter, MongoDB expects revenue of between $729 million and $734 million...

MongoDB (MDB) has had a "strong" start to the year, with fiscal Q1 results beating estimates across

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NEW YORK (AP) — NEW YORK (AP) — MongoDB Inc. (MDB) on Thursday reported fiscal first-quarter earnings of $4.4 million. The New York-based company said it had profit of 5 cents per share. Earnings, adjusted for one-time gains and costs, were $1.32 per share. The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share. The database platform posted revenue of $687.6 million in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $662.2 million. For the current quarter ending in July, MongoDB expects its per-share earnings to range from $1.58 to $1.61. The company said it expects revenue in the range of $729 million to $734 million for the fiscal second quarter. MongoDB expects full-year earnings in the range of $5.95 to $6.14 per share, with revenue ranging from $2.92 billion to $2.96 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDB at https://www.zacks.com/ap/MDB

Interested in MongoDB, Inc.? Here are five stocks we like better. MongoDB beat Q1 expectations with revenue of $688 million, up 25% year over year, driven mainly by Atlas cloud database growth and continued strength in core enterprise workloads. Profitability and cash flow improved, with non-GAAP operating margin rising to 18%, operating cash flow reaching $202 million, and the company posting its second straight quarter of GAAP profitability. Management raised full-year guidance for fiscal 2027, now expecting revenue of $2.92 billion to $2.96 billion, while highlighting early momentum in AI and agentic workloads and a growing federal market opportunity. MongoDB Could Be Setting Up for a Sharp Earnings Rebound MongoDB (NASDAQ:MDB) reported stronger-than-expected first-quarter fiscal 2027 results, with management pointing to continued momentum in its Atlas cloud database business, durable demand for Enterprise Advanced and early signs of growth tied to artificial intelligence workloads. President and Chief Executive Officer CJ Desai said the company generated $688 million in total revenue in the quarter, up 25% year over year and above the high end of guidance. He said growth was led by Atlas, which increased 29.4% year over year and added a record $117 million in year-over-year revenue growth. Atlas is now running at a $2 billion run rate, according to Desai. → Rocket Lab Keeps Making Headlines and Highs—Here's What's Driving the Latest Move MongoDB Slips Into a Super-Mongo Buying Opportunity “To be clear, our results today are driven primarily by core workloads,” Desai said. “We are seeing real and growing momentum from AI and agentic workloads.” Chief Financial Officer Mike Berry said Atlas accounted for approximately 75% of total first-quarter revenue, up from 72% in the year-ago period. He said Atlas consumption was stronger than expected, with demand led by established enterprise customers and momentum across financial services, technology and media. → Quantum Stocks Just Got a Lifeline—Who Benefits Most? MarketBeat Week in Review – 12/15 - 12/19 Berry said MongoDB’s total company net ARR expansion rate was 121%, compared with 119% a year earlier. The company ended the quarter with 67,700 customers, up from 57,100 in the prior-year period, including 66,400 Atlas customers. MongoDB added 2,500 customers sequentially during the quarter. Enterprise Advance...

Image source: The Motley Fool. Thursday, May 28, 2026 at 5 p.m. ET President and Chief Executive Officer — Chirantan Jitendra Desai Chief Financial Officer — Michael J. Berry Need a quote from a Motley Fool analyst? Email [email protected] CJ Desai, President and CEO of MongoDB and Mike Berry, CFO of MongoDB. During this call, we will make forward looking statements, including statements related to our market and future growth opportunities, our opportunity to win new business, our expectations regarding Atlas consumption growth, the impact of EA and other business and multiyear license revenue, the long term opportunity of AI, our financial guidance and underlying assumptions in our investments and growth opportunities in AI. These statements are subject to a variety of risks and uncertainties, including the results of operations and financial conditions that could cause actual results to differ materially from our expectations. For a discussion of material risks and uncertainties that could affect our actual results, please refer to the risks described in our annual report on Form 10-K for the year ended 01/31/2026, filed with the SEC, on 03/11/2026. Any forward looking statements made on this call reflect our views only as of today and we undertake no obligation to update them except as required by law. Additionally, we will discuss non GAAP financial measures on this conference call please refer to the tables in our earnings release on the Investor Relations portion of our website for a reconciliation of these measures to the most directly comparable GAAP financial measure. With that, I would like to turn the call over to CJ. Chirantan Jitendra Desai: Thank you, Jess Ian, and thank you all for joining us today. I continue to spend a lot of time working with a wide range of customers. From AI natives and digital natives to large enterprises and public sector organizations. This customer driven focus is to deliver meaningful outcomes for MongoDB. The process I follow is tightly linked. So each part strengthens the others. First, engage directly with c suite leaders to MongoDB from a technical decision to a strategic platform commitment. 2., surface new pipeline by helping customers connect their most pressing modernization and AI opportunities to what MongoDB can uniquely solve. Third, feed what I learned directly into our product and technology teams to acceler...

MongoDB stock jumped after the database software company reported fiscal first-quarter results that easily beat analyst forecasts.

MongoDB stock rises after the software company reported better-than-expected earnings and raised its full-fiscal year profit outlook.

MongoDB (MDB) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +12.34%. A quarter ago, it was expected that this database platform would post earnings of $1.47 per share when it actually produced earnings of $1.65, delivering a surprise of +12.24%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. MongoDB, which belongs to the Zacks Internet - Software industry, posted revenues of $687.62 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 3.84%. This compares to year-ago revenues of $549.01 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. MongoDB shares have lost about 29.8% since the beginning of the year versus the S&P 500's gain of 9.9%. While MongoDB has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for MongoDB was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here....