MongoDB (MDB) stock rises 1.91%, outperforming market; analysts predict strong revenue but lower earnings

From Nasdaq: 2025-02-28 18:15:09

In the recent trading session, MongoDB (MDB) closed at $267.43, up 1.91% from the previous day. The stock outperformed the S&P 500, Dow, and Nasdaq. Over the past month, MDB fell by 3.19%, beating the sector but trailing the S&P 500. Analysts expect a 25.58% decline in earnings and a 13.01% revenue increase for MongoDB’s upcoming report on March 5, 2025.

Investors should monitor MongoDB closely as analysts revise estimates. The Zacks Rank system, with MDB currently at #3 (Hold), has a proven track record of outperforming. With a Forward P/E ratio of 78.72, MDB trades at a premium to the industry average. The PEG ratio stands at 4.56, higher than the industry average of 2.11.

The Internet – Software industry, to which MDB belongs, ranks 82 out of 250+ industries, indicating strength. Industries in the top 50% tend to outperform the lower half by 2 to 1. Stay updated with Zacks.com for relevant stock metrics in upcoming trading sessions. Experts have identified 7 top stocks, currently holding Zacks Rank #1 Strong Buys, expected to see early price pops. Since 1988, this list has outperformed the market by over 2 times with an average annual gain of +24.3%. Act on these handpicked stocks for potential returns.

For more information on MongoDB and other stock recommendations, visit Zacks Investment Research.



Read more at Nasdaq: MongoDB (MDB) Outperforms Broader Market: What You Need to Know