MongoDB Q4 Earnings: Downgrade Deserved
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MongoDB's Q4 earnings report led to a downgrade from buy to hold, with a new price target of $250. Despite surpassing estimates, its Q1 guidance fell short, raising concerns about future performance. The company's EPS is expected to drop by 32% YoY, making its stock appear expensive.
March 06, 2025 | 5:00 pm
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MongoDB's stock was downgraded from buy to hold due to disappointing guidance and reduced profitability outlook. The new price target is $250. Despite surpassing estimates, Q1 guidance fell short, and EPS is expected to drop by 32% YoY, making the stock appear expensive.
The downgrade from buy to hold and the reduced price target of $250 indicate a negative sentiment from analysts. The shortfall in Q1 guidance and the expected 32% drop in EPS suggest potential challenges ahead, making the stock appear overvalued with a high forward P/E ratio.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100