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MongoDB plummets 20% as weak outlook overshadows strong quarterly results

1. MongoDB shares fell over 20% after weak guidance. 2. Expecting $2.24 to $2.28 billion in revenue for fiscal 2026. 3. Analysts previously estimated $3.34 EPS and $2.32 billion revenue. 4. Atlas cloud service growth is slower than expected. 5. Wells Fargo downgraded MongoDB's shares to equal weight.

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FAQ

Why Very Bearish?

The significant drop in share price after guidance indicates severe market reaction. Historical examples show similar guidance disappointments lead to sustained negative impacts.

How important is it?

The weak guidance affects investor perception and future earnings potential, indicating high relevance.

Why Short Term?

The immediate market reaction is due to current fiscal outlook; over time, strategic adjustments may stabilize the stock.

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