Added to YB: 2023-12-11
Pitch date: 2023-12-09
MDB [neutral]
MongoDB, Inc.
+7.85%
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
$388.50
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: Impressive Performance Clashes with Steep Valuation
$MDB Q1: Rev +30% to $433M beat est, Atlas +36%, EA surged. FCF 8% due to commit shift, guides 29% FY rev +14% margin. Cust adds slow but EA mini-boom & AI tools align to future needs. 14x NTM sales post-earn too rich to start new pos.
Read full article (3 min)