Added to YB: 2024-09-19
Pitch date: 2024-09-17
MDB [neutral]
MongoDB, Inc.
+46.24%
current return
Author Info
Company Info
MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.
Market Cap
$34.1B
Pitch Price
$286.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
-281.65
P/E
-475.02
EV/Sales
13.74
Sector
IT Services
Category
growth
MDB’s AI Potential: Growth Ahead, but Valuation Leaves No Room for Error
MDB (more attractive <$200): AI potential drives growth, but valuation leaves no room for error. Atlas (70% rev) & developer-friendly approach key strengths. Faces competition from relational DBs & AI-specific solutions. 22% rev CAGR to 2028 expected. Bullish case: 26% CAGR, 25% FCF margin. Current price high; <$200 more attractive.
Read full article (16 min)