Stock of the Day

MongoDB (MDB)

$273.26

-$16.74 (-5.8%)

Market Cap: $21.60B

About MongoDB

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. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.

MongoDB Bull Case

Here are some ways that investors could benefit from investing in MongoDB, Inc.:

• MongoDB, Inc. reported earnings per share of $1.16 for the latest quarter, significantly exceeding analysts' expectations of $0.68, indicating strong financial performance and potential for growth.
• The company achieved a revenue of $529.40 million for the quarter, surpassing the consensus estimate of $497.39 million, showcasing its ability to generate higher sales than anticipated.
• Revenue growth of 22.3% compared to the same quarter last year demonstrates MongoDB, Inc.'s expanding market presence and increasing demand for its database solutions.
• As of the latest trading session, the stock price is $289.63, reflecting a robust market interest and potential for further appreciation.
• Institutional investors hold a significant 89.29% of MongoDB, Inc.'s stock, indicating strong confidence from large financial entities in the company's future prospects.

MongoDB Bear Case

Investors should be bearish about investing in MongoDB, Inc. for these reasons:

• MongoDB, Inc. has a negative net margin of 10.46%, which suggests that the company is currently spending more to operate than it is earning, raising concerns about profitability.
• The company also reported a negative return on equity of 12.22%, indicating that it is not generating a profit relative to shareholders' equity, which could deter potential investors.
• Analysts forecast a projected earnings per share of -1.78 for the current year, suggesting that the company may continue to face challenges in achieving profitability.
• Insider selling activity has been noted, with significant shares sold recently, which may signal a lack of confidence from those within the company.
• The stock has experienced volatility, with a 12-month high of $488.00 and a low of $212.74, indicating potential risks associated with price fluctuations.

Recent News

• Dwight A. Merriman Sells 885 Shares of MongoDB, Inc. (NASDAQ:MDB) Stock (insidertrades.com)
• Critical flaws in Mongoose library expose MongoDB to data thieves, code execution (msn.com)
• MongoDB: Gen AI Catalyst Signals High Potential Returns With Limited Downside (seekingalpha.com)
• Jim Cramer on MongoDB, Inc. (MDB): ‘I think MongoDB is at the right price’ (insidermonkey.com)
• Jim Cramer on MongoDB, Inc. (MDB): ‘I think MongoDB is at the right price’ (uk.finance.yahoo.com)
• MongoDB, Inc.'s (NASDAQ:MDB) Intrinsic Value Is Potentially 42% Above Its Share Price (finance.yahoo.com)