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MongoDB Stock Tanks 23% After Weak Guidance
MDBMongoDB(MDB) Schaeffers Investment Research·2025-03-06 15:02

Shares of MongoDB Inc (NASDAQ:MDB) were last seen down 23.5% at 202.19,afterthedatabasesoftwarecompanyissuedweakerthanexpectedguidanceforfiscal2026.Whilefourthquarteradjustedearningstoppedanalystexpectations,thecompanysoutlookfortheyearaheadfellshort,nowprojectingadjustedEPSbetween202.19, after the database software company issued weaker-than-expected guidance for fiscal 2026. While fourth-quarter adjusted earnings topped analyst expectations, the company’s outlook for the year ahead fell short, now projecting adjusted EPS between 2.44 and 2.62,wellbelowthe2.62, well below the 3.38 per share analysts had forecasted. Revenue projections also missed expectations, with MongoDB guiding for 2.24billionto2.24 billion to 2.28 billion, under the $2.32 ...