Added to YB: 2024-12-09
Pitch date: 2024-12-08
MDB [bullish]
MongoDB, Inc.
+17.92%
current return
Author Info
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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
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.
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