Today: 3 July 2026
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TSX:ALM 30 December 2025 - 11 January 2026

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  • MongoDB (MDB) Slides 1.25% Before Earnings; Valuation Stays High
    July 2, 2026, 7:56 PM EDT. MongoDB (MDB) slipped 1.25% to $354.88 on the day, missing the Dow's 1.14% gain while the Nasdaq fell 0.8%. MDB has dropped 2.43% the past month, lagging both the Computer and Technology sector and the S&P 500. The company is due to post quarterly EPS of $1.60, up 60% from a year ago, on revenues of $733.61 million, a 24% jump. For the full year, MongoDB is expected to see EPS climb 22% to $6.07, with revenue up 19% at $2.94 billion. The stock sits at a steep 59.18x forward P/E, much higher than the industry's 19.52, and a PEG ratio of 4.85 against the sector's 1.09, even as MDB holds a Zacks Rank #3 (Hold). Investors are watching analyst estimate changes heading into earnings.
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