MongoDB Stock Plummets on Soft Outlook | Global News Avenue

mongodb(MDB) Share a 22% lead Nasdaq The day after the database software provider provided more than expected guidance, Decliners provided more than expected guidance as it warned of a drop in demand for all products except all products.

The company is expected to make full-year adjustments Earnings per share (EPS) $2.44 to $2.62, with revenues of $2.24 billion to $2.28 billion. It can be seen that the analysts surveyed by the alpha look at $3.37 and $2.32 billion respectively. MongoDB explained that the outlook is based on the assumption that non-ATLAS revenue will be highly numerical as percentages.”

“We expect our main growth driver, Atlas’ consumption has grown steadily,” said CEO Dev Ittycheria. Atlas’ revenue accounted for 71% of revenue in the fourth quarter of fiscal 2025, up 24% year-on-year.

Full-year forecast offsets steady quarterly earnings. The company reported adjusted earnings per share of $1.28, almost double the visible alpha estimate. Revenue rose 20% to $548.4 million, also ahead of expectations. However, deferred revenue of $34.4 million is less than expected.

MongoDB’s stock reached its lowest level in two years.