MongoDB, Inc. (MDB)
| Market Cap | 21.13B |
| Revenue (ttm) | 1.92B |
| Net Income (ttm) | -200.36M |
| Shares Out | 74.47M |
| EPS (ttm) | -2.74 |
| PE Ratio | n/a |
| Forward PE | 92.26 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 128,648 |
| Open | 292.27 |
| Previous Close | 290.00 |
| Day's Range | 282.31 - 288.99 |
| 52-Week Range | 212.74 - 459.70 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 366.29 (+29.1%) |
| Earnings Date | Mar 5, 2025 |
About MDB
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. It offers professional services comprising consulting and training... [Read more]
Financial Performance
In 2023, MongoDB's revenue was $1.68 billion, an increase of 31.07% compared to the previous year's $1.28 billion. Losses were -$176.60 million, -48.87% less than in 2022.
Financial StatementsAnalyst Forecast
According to 31 analysts, the average rating for MDB stock is "Buy." The 12-month stock price forecast is $366.29, which is an increase of 29.10% from the latest price.
News
MongoDB: Gen AI Catalyst Signals High Potential Returns With Limited Downside
MongoDB's NoSQL database offers faster query processing and flexibility, making it a strong competitor against SQL databases like Snowflake, especially for AI applications. MongoDB's strategy includes...
MongoDB, Inc. Announces Date of Fourth Quarter and Full Year Fiscal 2025 Earnings Call
NEW YORK , Feb. 12, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced it will report its fourth quarter and full year fiscal year 2025 financial results for the three months ended Janua...
MongoDB Collaborates with Lombard Odier to Modernize Core Banking Technology with Generative AI
Leading Swiss bank uses MongoDB to accelerate generative AI innovation and deliver enhanced services to clients NEW YORK , Feb. 4, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that...
Trade Tracker: Kevin Simpson buys Toast & MongoDB
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest portfolio moves.
7 software stocks that could benefit as AI gets cheaper to run
Microsoft and Salesforce could see greater adoption of their AI offerings if they pass cost savings on to customers. And Snowflake could benefit from a rise in database queries as AI proliferates.
MongoDB: Artificial Intelligence Boom And Focus On Enterprise Clients Will Fuel Revenue Growth
In 3Q25, MongoDB generated $529 million in revenues, posting a growth of 22.17% y/y. Overall margins improved, with operating and net margin improving by 510 bps and 481 bps respectively. Due to the b...
MongoDB: Pullback Presents A Buying Opportunity (Rating Upgrade)
MongoDB's stock is under pressure, despite stabilizing growth and improving margins. This appears to be driven by concerns regarding weak consumption growth and a lack of direct exposure to AI. MongoD...
MongoDB: Growth Outlook Remains Positive
MDB's Atlas platform and Enterprise Advanced segments are key growth drivers, benefiting from the AI tailwind and multi-cloud adoption. Despite a share price drop, MDB's fundamentals remain strong wit...
MongoDB, Inc. to Present at the 27th Annual Needham Growth Conference
NEW YORK , Jan. 9, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serg...
AI still in the '2nd inning' hence bullishness in tech, says Wedbush's Dan Ives
Dan Ives, Wedbush Securities global head of technology research, joins 'Squawk on the Street' to discuss Ives' confidence in his technology picks going into the new year.
MongoDB's Growth Rate Inflection: Just Over The Horizon
Despite recent stock declines, MongoDB's technology remains strong, with substantial growth potential driven by its No-SQL database offerings and AI integration. The company's current growth malaise i...
CE 100 Index Gives Up 2.2% as MongoDB and Adobe Slip on Earnings
What goes up must come down — and after three straight weeks of rallies, the CE 100 wound up snapping a long streak of wins, declining 2.2% in the penultimate “full” week of trading for 2024. All pill...
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MongoDB, Inc. (MDB) Barclays 22nd Annual Global Technology Conference (Transcript)
MongoDB, Inc. (NASDAQ:MDB) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:15 PM ET Company Participants Dev Ittycheria - President & CEO Michael Gordon - COO & CFO Conference ...
Stock Of The Day: MongoDB Finds Support After Post-Earnings Volatility
Shares of MongoDB, Inc. MDB are up marginally on Wednesday. This follows Tuesday's selloff of almost 17%.
MongoDB Posts Strong Q3 But Stock Falls: 'Solid Execution In Still A Choppy Macro,' Says Analyst
MongoDB Inc MDB shares are down on Tuesday, despite the company reporting upbeat third-quarter results.
MongoDB Stock Falls After Blowout Earnings. Analysts Say Competition Is Getting Intense.
MongoDB is struggling to set itself apart from rivals in the database software sphere.
MongoDB CEO on earnings: Pleased by results and quite bullish about opportunities ahead
Dev Ittycheria, MongoDB CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, any change in consumption growth patterns, and much more.
Why MongoDB Stock Is Down After Its Beat-And-Raise Quarter
MongoDB stock is spiraling Tuesday even after the tech company disclosed higher-than-expected Q3 earnings and raised its full-year outlook. Here's why.
MongoDB: On Firmer Footing As Consumption Drives Re-Acceleration (Rating Upgrade)
MongoDB delivered incredibly strong Q3 results, driven by improving consumption trends in its Atlas cloud database. Revenue growth accelerated 9 points sequentially to 22% y/y, putting MongoDB back in...
MDB Surges & Sinks, AI Down Despite Earnings & MSFT Alliance, NCLH Upgrade
MongoDB (MDB) initially popped on earnings but later sold off. Alex Coffey attributes the move from its shift in leadership overshadowing the financial report.
MongoDB Q3: Expect AI Workloads To Set Off Platform Consumption Next Year
MongoDB's Q3 FY25 earnings beat estimates with 22% and 29% revenue and earnings growth respectively, driven by Atlas and large multi-year EA deals, leading to expanded profit margins. Management's str...
MongoDB Q3 Earnings: Growth Acceleration Could Be On The Horizon, But A Lot Priced In
MongoDB's fiscal Q3 2024 results were strong, but the fiscal Q4 2024 outlook shows a typical seasonal slowdown, raising concerns about Atlas consumption growth. The stock is expensive at 70x next year...
MongoDB, Inc. (MDB) Q3 2025 Earnings Call Transcript
MongoDB, Inc. (NASDAQ:MDB) Q3 2025 Earnings Call Transcript December 9, 2024 5:00 PM ET Company Participants Brian Denyeau - IR Dev Ittycheria - President and CEO Michael Gordon - COO and CFO Confere...
MongoDB raises annual forecasts on increased service usage
MongoDB on Monday raised its forecasts for annual revenue and profit for the second time this year as the software company expects strong growth in the usage of Atlas, its service that helps clients m...