Scotiabank issued a fiscal year 2027 earnings per share (EPS) forecast for MongoDB, projecting $0.17. The investment bank assigned a "Sector Perform" rating to the stock. Scotiabank set a price target of $415.00 per share.
This new analyst coverage follows MongoDB's recent quarterly earnings report on December 1st. MongoDB surpassed consensus estimates for that quarter. The company reported an EPS of $1.32 on revenue of $628.31 million. MongoDB provided guidance for its fourth quarter and full fiscal year 2026. The company expects a Q4 EPS range of $1.440 to $1.480. Full-year EPS guidance stands between $4.760 and $4.800.
An SEC filing revealed institutional investor Lbp Am Sa reduced its MongoDB holdings by 9.2% during the third quarter. Lbp Am Sa sold 10,000 shares. Following the sale, Lbp Am Sa held 98,737 shares of the company.