Added to YB: 2024-12-23
Pitch date: 2024-12-20
MDB [bullish]
MongoDB, Inc.
+69.97%
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
$246.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
-281.65
P/E
-475.02
EV/Sales
13.74
Sector
IT Services
Category
growth
Mongo DB: The Nvidia of AI Databases.
MDB: AI apps need flexible DB schema; Mongo's unique architecture well-suited. Q3 FY25: AI not yet meaningful, but potential tailwind. Popular w/ devs, 29x rev growth since FY16. GenAI eases migration, boosting enterprise sales. Pilots show 50% effort reduction. Risk: potential disruption by more flexible, cheaper competitor.
Read full article (8 min)