MongoDB’s Growth Ambitions: Aiming For 28% CAGR This Fiscal Year (NASDAQ:MDB)

Future Publishing/Future Publishing via Getty Images Investment Thesis MongoDB (NASDAQ:MDB) has a very long time being recognized as expensively priced. Indeed, I estimate that MongoDB is priced at 85x next year’s forward non-GAAP operating profits. However, I also argue that this valuation is justified given that MongoDB enjoys widespread adoption in cutting-edge technology environments, excelling…

Read More

MongoDB’s Valuation And Growth Prospects Make It A Hold (NASDAQ:MDB)

Sundry Photography MongoDB (NASDAQ:MDB), a company that runs a database under the same name, became one of the more exciting cloud investments in 2023 once investors worked out that it could be a prime beneficiary of companies’ increasing development of generative Artificial Intelligence (“AI”) applications, which require a secure, scalable database capable of quickly accessing…

Read More

MongoDB: Maintaining Momentum (NASDAQ:MDB) | Seeking Alpha

Sundry Photography Overview MongoDB (NASDAQ:MDB) stock has had an excellent run this year, outpacing the NASDAQ Composite’s price return nearly 3-to-1 and returning roughly 76% year-to-date. Notably, price action in this stock has been concentrated around its earnings reports, indicating buoyant investor sentiment that has been a direct result of its quarterly performance. Seeking Alpha…

Read More

MongoDB Q2: Too Expensive For Now (NASDAQ:MDB)

Sundry Photography Shares of MongoDB (NASDAQ:MDB) soared 5% after the database software maker reported results for its second fiscal quarter last week. Given the company‚Äôs strong subscription revenue momentum and narrowing losses, I believe MongoDB is a promising software company for growth investors, just not at the current valuation. MongoDB’s shares have doubled in value…

Read More