Core Insights - MongoDB is experiencing a resurgence driven by increasing demand for artificial intelligence (AI) applications, leading to a significant recovery in its stock price [2][3]. Financial Performance - For fiscal Q3 2026, MongoDB reported revenue of $628 million, a 19% year-over-year increase, with its Atlas platform revenue rising 30% and contributing 75% of total revenue [4]. - Adjusted earnings per share (EPS) reached $1.32, a turnaround from a loss of $1.16 in the same quarter last year [4]. - The company exceeded analysts' expectations, which forecasted revenue of $593.9 million and adjusted EPS of $0.81 [5]. Customer Growth - MongoDB added 2,600 new customers in the quarter, marking a 19% increase year-over-year [5]. - The number of customers spending over $100,000 annually in recurring revenue rose to 2,694, up 16% [5]. Leadership and Recognition - Chirantan "CJ" Desai has been appointed as the new CEO, succeeding Dev Ittycheria [6]. - MongoDB was recognized as a Leader in the 2025 Gartner Magic Quadrant for Cloud Database Management Systems, highlighting its innovation and execution strength [7]. Market Position and Future Outlook - The company serves over 70% of the Fortune 100, with significant adoption among major banks, healthcare organizations, and manufacturers [8]. - Management has raised its full-year revenue forecast to $2.436 billion, a 21% increase, and adjusted EPS to $4.78, a 31% increase [10]. - Analysts have become bullish on MongoDB's future, with price targets being raised significantly, including a Street-high target of $500 from Wolf Research [11]. Valuation - MongoDB's market cap stands at $33 billion, trading at approximately 13 times its expected fiscal 2026 sales, indicating a premium valuation [12].

The U.S. stock market demonstrated a robust rebound in afternoon trading on Tuesday, December 2nd, 2025, as major indexes pushed higher, shaking off the previous session's declines. Investors appeared to regain confidence, particularly in the technology sector, while closely monitoring upcoming economic data and the highly anticipated Federal Reserve meeting.Major Market Indexes Show StrengthAs afternoon trading progressed, the benchmark S&P 500 index climbed, showing a gain of approximately 0.1% to 0.3%. T ...

It's time now for our 360 round to discuss MongoDB. Shares are rallying after a strong earnings report. To discuss more, let's bring in our panel today.Joining us, Luke Yang, the equity analyst, technology at Morning Star, and Steve Kanig, the head of software and services research for us at McCquory US Equity Research. Thank you both for being with us today. You know, we're seeing shares up more than 23% right now on the heels of this report.You know, Luke, I'd love to start with some of your key takeaways ...

Core Insights - MongoDB, Inc. reported strong financial results for the third quarter of fiscal 2026, with non-GAAP EPS of $1.32, a 13.8% increase year-over-year, and revenues of $628.3 million, up 18.7% year-over-year, both exceeding consensus estimates [1][8] Financial Performance - Total revenues reached $628.3 million, representing an 18.7% year-over-year growth and surpassing the consensus estimate by 6.27% [1] - Subscription revenues increased by 18.9% year-over-year to $609.1 million, accounting for 96.9% of total revenues [2] - Services revenues grew 12.1% year-over-year to $19.2 million, making up 3.1% of total revenues [2] - Atlas (Cloud) revenues surged by 30% year-over-year, contributing 75% of total quarterly revenues [2] Customer Metrics - The company ended the fiscal third quarter with over 62,500 customers, an increase from approximately 52,600 in the prior-year period, adding 2,600 new customers [3] - Direct Sales Customers totaled over 7,000, down from roughly 7,400 in the year-ago period [3] - Atlas customers exceeded 60,800, up from 51,100 in the prior year [3] - There were 2,694 customers with annualized recurring revenues of $100,000 or more, an increase from about 2,314 in the year-ago quarter [4] Operating Details - Non-GAAP gross margin contracted by 240 basis points year-over-year to 74.2% [5] - Non-GAAP sales and marketing expenses rose 9.2% year-over-year to $192 million, with expenses as a percentage of revenues contracting by 260 basis points to 30.6% [5] - Non-GAAP research and development expenses increased by 16.4% year-over-year to $107.3 million, with R&D as a percentage of revenues decreasing by 30 basis points to 17.1% [5] - Non-GAAP general and administrative expenses rose 20.7% year-over-year to $43.7 million, with expenses as a percentage of revenues increasing by 10 basis points to 7% [6] - Non-GAAP operating income was $123.1 million, a 21.3% increase year-over-year, with the operating margin expanding by 40 basis points to 19.6% [6] Balance Sheet & Cash Flow - As of October 31, 2025, MongoDB had cash, cash equivalents, short-term investments, and restricted cash totaling $2.3 billion, unchanged from July 31, 2025 [7] - Operating cash flow was $143.5 million in the fiscal third quarter, up from $72.1 million in the previous quarter [7] - Free cash flow during the quarter was $140.1 million compared to $69.9 million in the prior quarter [9] Guidance - For the fourth quarter of fiscal 2026, MongoDB anticipates revenues between $665 million and $670 million, with non-GAAP EPS expected in the range of $1.44-$1.48 [10] - For fiscal 2026, revenues are projected to be between $2.434 billion and $2.439 billion, with non-GAAP EPS expected between $4.76 and $4.80 [10]

Core Insights - MongoDB Inc. is a leading player in the database software industry, known for its innovative cloud-based solutions and flexible, scalable database offerings [1] - Oppenheimer maintains an "Outperform" rating for MongoDB, raising its price target from $385 to $450, indicating strong belief in the company's growth potential [2] - The recent earnings report led to an upward revision of full-year earnings guidance by over $1 per share, boosting investor confidence and prompting analysts to adjust price targets upward [3] Financial Performance - MongoDB's stock price is currently at $328.87, reflecting a slight decrease of 1.05% or $3.50 [3] - The stock has shown volatility, with a daily trading range between $321.26 and $335.92, and over the past year, it has reached a high of $385.44 and a low of $140.78 [4] - The company's market capitalization is approximately $26.76 billion, indicating its significant size and influence in the industry [4][6] Market Activity - MongoDB has a trading volume of 3,258,095 shares on the NASDAQ exchange, highlighting its status as an actively traded stock [5] - The ability to raise earnings guidance and subsequent analyst upgrades underscore MongoDB's strong market position and potential for future growth [5][6]

MongoDB Inc (NASDAQ:MDB) shares climbed in early trading on Tuesday after the company reported upbeat fiscal third-quarter results. • MDB is approaching key resistance levels. Check the market position here.Here are some key analyst takeaways:Check out other analyst stock ratings.Cantor Fitzgerald: MongoDB delivered a beat-and-raise quarter, "driven by broad strength across Atlas and more so by Enterprise Advanced (EA)," Blakey said in a note. The company reported "impressive" operating margins of around 20 ...

Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones increasing by approximately 250 points, up 0.55% to 47,550.31, the NASDAQ rising 0.79% to 23,458.73, and the S&P 500 gaining 0.40% to 6,839.62 [1] - Information technology shares saw a notable increase of 1.1%, while energy stocks declined by 1.4% [1] Company Performance - Signet Jewelers Limited (NYSE:SIG) reported a stronger-than-expected quarter, with stock falling around 4% despite higher earnings and wider margins, attributed to firm pricing, improved assortments, and tighter cost controls [2] - The company achieved quarterly sales of $1.391 billion, reflecting a 3.1% year-over-year increase, surpassing the expected $1.370 billion [3] - Adjusted earnings per share for the third quarter were reported at 63 cents, exceeding the anticipated 29 cents [3] Notable Stock Movements - Polyrizon Ltd (NASDAQ:PLRZ) shares surged 101% to $6.36 following the announcement of a manufacturing upscaling milestone for its nasal-spray product platform [9] - Eventbrite Inc (NYSE:EB) shares increased by 79% to $4.44 after the announcement of its acquisition by Bending Spoons for approximately $500 million [9] - Mongodb Inc (NASDAQ:MDB) shares rose 25% to $412.22 after reporting better-than-expected third-quarter results and raising its FY26 guidance above estimates [9] - Janux Therapeutics Inc (NASDAQ:JANX) shares fell 47% to $17.91 following the release of updated interim data for its JANX007 [9] - Vestis Corp (NYSE:VSTS) shares decreased by 17% to $5.58 after reporting mixed fourth-quarter results and announcing a multi-year restructuring plan [9] - American Bitcoin Corp (NASDAQ:ABTC) shares dropped 42% to $2.06 [9]

Core Insights - MongoDB Inc. reported third-quarter financial results that exceeded expectations, with revenue of $628.31 million and adjusted earnings of $1.32 per share, surpassing analyst estimates of $591.52 million and $0.80 per share respectively [1][2] Financial Performance - The company experienced a year-over-year growth of 30% in its Atlas platform, contributing to strong overall performance and margin outperformance [2] - For the fourth quarter, MongoDB expects revenue between $665 million and $670 million, exceeding estimates of $625.12 million, and adjusted earnings guidance is set between $1.44 and $1.88 per share, compared to estimates of $0.93 per share [3] Future Guidance - MongoDB raised its fiscal 2026 revenue guidance to a range of $2.43 billion to $2.44 billion, up from the previous range of $2.34 billion to $2.36 billion, while analysts had anticipated $2.36 billion [4] - The adjusted earnings guidance for fiscal 2026 was also increased from $3.64 to $3.73 per share to a new range of $4.76 to $4.80 per share, compared to estimates of $3.71 per share [4] Stock Performance - Following the earnings announcement, MongoDB shares rose by 23.6%, trading at $406.50 [4] Analyst Ratings and Price Targets - Multiple analysts adjusted their price targets for MongoDB, with notable increases from Piper Sandler ($400 to $490), Needham ($365 to $480), and others, reflecting a generally positive outlook on the stock [5][7]

Core Insights - MongoDB Inc. reported strong third-quarter financial results, exceeding analyst expectations for both revenue and earnings per share [1][2] - The company raised its fiscal 2026 revenue and earnings guidance, reflecting continued growth and profitability [4] Financial Performance - Third-quarter revenue reached $628.31 million, surpassing analyst estimates of $591.52 million [1] - Adjusted earnings for the third quarter were $1.32 per share, exceeding the expected 80 cents per share [1] - Fourth-quarter revenue is projected to be between $665 million and $670 million, compared to estimates of $625.12 million [3] Guidance Updates - Fiscal 2026 revenue guidance was raised to a range of $2.43 billion to $2.44 billion, up from the previous range of $2.34 billion to $2.36 billion [4] - Adjusted earnings guidance for fiscal 2026 was increased from $3.64 to $3.73 per share to a new range of $4.76 to $4.80 per share, against estimates of $3.71 per share [4] Stock Performance - Following the earnings announcement, MongoDB shares rose by 23.6%, trading at $406.50 [4] Analyst Ratings and Price Targets - Multiple analysts raised their price targets for MongoDB following the earnings report, with notable increases from Piper Sandler ($400 to $490) and Needham ($365 to $480) [5] - Analysts maintained positive ratings, with several reiterating "Buy" or "Overweight" ratings while adjusting price targets upwards [5][7]

Core Insights - MongoDB reported exceptional third-quarter results, exceeding expectations in both earnings and revenue, leading to a significant increase in stock price [1][2][7] Financial Performance - Adjusted earnings per share (EPS) for Q3 were $1.32, with revenue rising 19% year-over-year to $628.3 million, surpassing analyst expectations of $0.82 EPS and $594.3 million in revenue [2] - For the upcoming quarter, MongoDB anticipates adjusted EPS between $1.44 and $1.48, with revenue projected at $665 million to $670 million, both above consensus estimates [4] - The company raised its full-year revenue guidance to a range of $2.434 billion to $2.439 billion, up from the previous guidance of $2.34 billion to $2.36 billion [4] Leadership and Strategy - The strong quarterly performance follows the appointment of CJ Desai as CEO, who emphasized customer expansion and the company's unified data platform's role in supporting mission-critical workloads and AI initiatives [5][3] - Desai's leadership comes after the retirement of former CEO Dev Ittycheria, who led the company for 11 years [5]