MongoDB (MDB) Stock: What Wall Street Expects from Earnings Today
TLDR
- MongoDB reports Q2 fiscal 2027 earnings after the bell Tuesday, with analysts expecting EPS of $1.61 and revenue of $735.2 million.
- The stock has surged 34% over the past month to $453.37, trading near its 52-week high of $473.10.
- Atlas, MongoDBโs cloud database service, makes up 72-79% of total revenue and is the key metric to watch.
- Analysts rate MDB a Buy with a consensus price target of $446.26, though that now implies slight downside from current levels.
- Price targets have been raised recently by Cantor Fitzgerald to $540 and Guggenheim to $560, citing positive partner checks.
MongoDB reports fiscal Q2 2027 results after the market close Tuesday. Analysts are expecting EPS of $1.61 on revenue of $735.2 million.
That would mark a 22% sequential improvement in EPS and 7% revenue growth versus last quarter, when MongoDB beat bottom-line estimates by nearly 11%.
Year-over-year, those numbers represent 61% EPS growth and 24% revenue growth.
MDB stock is currently trading at $453.37, up 34% over the past month and sitting close to its 52-week high of $473.10.
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