MongoDB (MDB) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - MongoDB's stock closed at $278.10, reflecting a -1.39% change from the previous trading day's closing, underperforming compared to the S&P 500's gain of 0.36% [1] - The stock has increased by 13.41% over the past month, outperforming the Computer and Technology sector's 0% and the S&P 500's 2.11% gain [1] Upcoming Earnings - MongoDB is projected to report earnings of$ 0.64 per share, indicating a year-over-year decline of 25.58% [2] - The consensus estimate anticipates revenue of $517.57 million, representing a 13.01% increase from the same quarter last year [2] Analyst Estimates and Valuation - Recent changes to analyst estimates for MongoDB are important as they reflect the evolving business trends [3] - The Zacks Rank system, which integrates estimate changes, currently ranks MongoDB at 3 (Hold) [5] - MongoDB has a Forward P/E ratio of 84.61, significantly higher than its industry's Forward P/E of 31.23 [5] Industry Metrics - MongoDB's PEG ratio stands at 4.9, compared to the Internet - Software industry's average PEG ratio of 2.34 [6] - The Internet - Software industry ranks in the top 30% of all industries, with a Zacks Industry Rank of 73 [6][7]