Should You Add MongoDB Stock to Your Portfolio Ahead of Q4 Earnings?

Core Insights - MongoDB (MDB) is set to report its fourth-quarter fiscal 2026 results on March 2, with anticipated revenues between $665 million and $670 million, reflecting a year-over-year increase of 21.7% at the midpoint [1] - Non-GAAP earnings are expected to range from $1.44 to $1.48 per share, indicating a 14.1% year-over-year growth at the midpoint [1] - The Zacks Consensus Estimate for revenues stands at $668.19 million, suggesting a 21.84% rise from the previous year's quarter [2] Revenue and Earnings Estimates - The Zacks Consensus Estimate for earnings is pegged at $1.47 per share, indicating a 14.84% increase from the prior-year quarter [2] - MongoDB has a history of beating earnings estimates, with an average surprise of 69.3% over the last four quarters [3] Growth Drivers - MongoDB's fiscal fourth quarter is expected to benefit from strong tailwinds, including raised revenue and operating income guidance following a fiscal third-quarter beat, driven by accelerating Atlas growth and broad-based enterprise demand [5] - Atlas, the company's fully managed multi-cloud database platform, is projected to be the central growth driver, with revenues expected to rise by 27.24% year-over-year [5] - Enterprise demand remains a key tailwind, with large customers in financial services, healthcare, and manufacturing increasingly relying on Atlas for mission-critical workloads [6] Strategic Partnerships - MongoDB's expanding partner ecosystem is anticipated to be a significant growth enabler, with strategic partnerships with Microsoft and Amazon expected to deepen its footprint within enterprise customer bases [7][8] - Collaborations with Microsoft and Amazon are expected to enhance deal velocity and customer acquisition efficiency [8] Market Performance - MongoDB shares have surged 43.1% over the past six months, outperforming the Zacks Internet-Software industry's decline of 23.8% and the Zacks Computer and Technology sector's return of 9.2% [10] - The stock is currently trading at a forward 12-month Price/Sales multiple of 8.56, compared to the industry average of 3.74, supported by consistent above-market growth and strategic partnerships [12] Conclusion - MongoDB presents a compelling investment opportunity ahead of its fiscal fourth-quarter results, with consistent growth from Atlas, strengthened competitive positioning through Voyage AI, and a rich partner ecosystem [15]