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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

Show full summary:
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)