**MongoDB, Inc. (MDB)** reported an earnings per share (EPS) of **$1.65** for the latest quarter, exceeding the Zacks Consensus Estimate of **$1.47** by **12.2%**. Despite this earnings beat, the stock maintains a Zacks Rank of **#5 (Strong Sell)** due to a predominance of negative earnings estimate revisions, with **6 downgrades** compared to **3 upgrades** over the past 60 days.
Founded in **November 2007** and headquartered in **New York, NY**, MongoDB specializes in general-purpose database solutions, including MongoDB Enterprise Advanced and MongoDB Atlas. Ahead of future fiscal projections, the consensus for the current fiscal year has risen from **$5.61** to **$5.83**, while estimates for the next year increased from **$6.83** to **$6.94**. However, the overall trend in earnings estimate movements has pushed the stock into the “Strong Sell” category.
