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Added to YB: 2024-12-09

Pitch date: 2024-12-08

MDB [bullish]

MongoDB, Inc.

+17.92%

current return

Author Info

No bio for this author

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

$355.34

Price Target

N/A

Dividend

N/A

EV/EBITDA

-281.65

P/E

-475.02

EV/Sales

13.74

Sector

IT Services

Category

growth

Show full summary:
MongoDB (MDB): Tapping into AI and NoSQL Market Growth with Developer-Friendly Solutions

MDB: NoSQL leader w/ document-based DB ideal for AI apps. Q2 rev $478M (+13% YoY), Atlas 71% of rev (+27% YoY). 51K+ customers. Projecting 15% YoY growth Q3. NoSQL market CAGR 30%+ to $70B by 2032. Street expects 18% CAGR, but likely 30%. Undervalued given AI potential & developer preference.

Read full article (2 min)