MongoDB (MDB) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.90
- Estimate
- $1.61
- Surprise
- +18.1%
- Revenue (period 2026-07-31)
- $771.8M
- Score at report (before → after)
- 5.9 → 5.9/10
Revenue source: xbrl.
How the report landed
MongoDB (MDB) beat the $1.61 estimate with adjusted EPS of $1.90 — a large 18.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Hold at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MDB Buy (Wait) at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +18.1% surprise compares with a +27.2% four-quarter average. Next scheduled report: 2026-12-01.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.96)
What argues against it
- Concentration risk — Product: Atlas (cloud DBaaS) (73.0%)
- Sector modifier (Technology): -0.8
- Value-trap signals (2/5): Margin compression (op margin 3.7%), Material insider selling (17 sells, 0.03% of cap)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $361.94
- Entry target
- $337.46
- Price target
- $413.76
- Stop
- $313.84
- Upside to target
- +14.3%
- Reward-to-risk
- 0.9:1
The stock trades at 518.2× trailing but 47.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-14 — shown for context, not personalized investment advice.
MDB at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Infrastructure
- Market cap
- $30.05B
- P/E (fwd)
- 47.5
- P/E (ttm)
- 518.2
- 52-week range
- $215.68–$473.10
- Off 52-week high
- 23.5%
- RSI (14)
- 32
- Volume vs avg
- 0.22×
- Score today
- 6.3/10