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MDB logo MDB
Upturn stock ratingUpturn stock rating
MDB logo

MongoDB (MDB)

Upturn stock ratingUpturn stock rating
$176.61
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: MDB (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -30.75%
Avg. Invested days 32
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 14.63B USD
Price to earnings Ratio -
1Y Target Price 295.12
Price to earnings Ratio -
1Y Target Price 295.12
Volume (30-day avg) 2680645
Beta 1.3
52 Weeks Range 170.66 - 387.19
Updated Date 04/2/2025
52 Weeks Range 170.66 - 387.19
Updated Date 04/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.73

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-03-05
When Before Market
Estimate 0.67
Actual 1.28

Profitability

Profit Margin -6.43%
Operating Margin (TTM) -3.39%

Management Effectiveness

Return on Assets (TTM) -4.29%
Return on Equity (TTM) -6.7%

Valuation

Trailing PE -
Forward PE 68.49
Enterprise Value 12038476162
Price to Sales(TTM) 7.29
Enterprise Value 12038476162
Price to Sales(TTM) 7.29
Enterprise Value to Revenue 6
Enterprise Value to EBITDA -56.29
Shares Outstanding 81187696
Shares Floating 78781261
Shares Outstanding 81187696
Shares Floating 78781261
Percent Insiders 2.95
Percent Institutions 85.78

Analyst Ratings

Rating 4.25
Target Price 374.78
Buy 9
Strong Buy 19
Buy 9
Strong Buy 19
Hold 7
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

MongoDB

stock logo

Company Overview

overview logo History and Background

MongoDB, founded in 2007, emerged from DoubleClick's backend needs. It officially launched in 2009, pioneering the NoSQL database movement to handle unstructured data better than traditional relational databases. Over time, it evolved into a comprehensive data platform.

business area logo Core Business Areas

  • MongoDB Atlas: Cloud-based database as a service (DBaaS) offering, providing a fully managed MongoDB experience across various cloud providers.
  • MongoDB Enterprise Advanced: Self-managed, on-premise database platform with advanced security, governance, and support features.
  • Professional Services: Consulting, training, and support services to help customers effectively use and manage MongoDB.

leadership logo Leadership and Structure

Dev Ittycheria serves as President and CEO. The company has a structured organizational hierarchy, with teams focused on engineering, sales, marketing, and customer success.

Top Products and Market Share

overview logo Key Offerings

  • Competitors: AWS DynamoDB, Azure Cosmos DB, Google Cloud Spanner
  • MongoDB Atlas: Cloud DBaaS, offering scalability, security, and ease of use. Competitors include AWS DynamoDB, Azure Cosmos DB, and Google Cloud Spanner. MongoDB Atlas reached $1.41 Billion in revenue in FY24 representing about 66% of total revenue. Market share is growing in the NoSQL DBaaS space.
  • Competitors: Oracle, Microsoft SQL Server, IBM Db2
  • MongoDB Enterprise Advanced: Self-managed database, providing control and customization options. Competitors include Oracle, Microsoft SQL Server, and IBM Db2.

Market Dynamics

industry overview logo Industry Overview

The database market is undergoing a shift towards cloud-based solutions and NoSQL databases. Data volume and velocity are increasing, driving demand for flexible and scalable databases.

Positioning

MongoDB is a leader in the NoSQL database market, known for its developer-friendliness, scalability, and document-oriented data model. It competes with both traditional relational databases and other NoSQL vendors.

Total Addressable Market (TAM)

The database market is estimated to be $80+ billion, MongoDB is strongly positioned to capture a significant portion with cloud products.

Upturn SWOT Analysis

Strengths

  • Developer-friendly
  • Scalable architecture
  • Flexible data model
  • Strong community support
  • Cloud-native offering (Atlas)

Weaknesses

  • Relatively higher cost than some open-source alternatives
  • Perception of complexity in advanced configurations
  • Reliance on cloud infrastructure for Atlas
  • Security concerns with NoSQL databases

Opportunities

  • Expansion into new industries and use cases
  • Growing demand for cloud-based databases
  • Integration with emerging technologies like AI and machine learning
  • Further development of Atlas platform
  • Increased adoption in enterprise environments

Threats

  • Competition from established database vendors
  • Emergence of new database technologies
  • Economic downturn affecting IT spending
  • Security vulnerabilities and data breaches
  • Vendor lock-in concerns with cloud providers

Competitors and Market Share

competitor logo Key Competitors

  • AMZN
  • MSFT
  • ORCL
  • SNOW

Competitive Landscape

MongoDB competes with cloud providers' database services and traditional vendors. Strengths include developer adoption and NoSQL capabilities, but they are playing catchup in the cloud provider's native capabilities

Major Acquisitions

Realm

  • Year: 2019
  • Acquisition Price (USD millions):
  • Strategic Rationale: To enhance its mobile development capabilities and provide developers with a seamless mobile database solution.

Growth Trajectory and Initiatives

Historical Growth: MongoDB has experienced rapid growth in revenue, driven by the adoption of its Atlas cloud platform and enterprise solutions.

Future Projections: Analysts expect MongoDB to continue its growth trajectory, with revenue increasing significantly. Growth is expected to come from cloud services.

Recent Initiatives: Focus on AI integration, expanding cloud partnerships, and enhancing the developer experience are key initiatives.

Summary

MongoDB is a strong player in the NoSQL database market, particularly with its Atlas cloud offering. Its developer-friendly approach and scalable architecture are working well. The company should be cautious regarding economic conditions, increased competition, and vulnerabilities in the cloud.

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Sources and Disclaimers

Data Sources:

  • Company filings (10-K, 10-Q)
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market share data may vary based on source and methodology. Financial data is based on publicly available information and is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About MongoDB

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2017-10-19
President, CEO & Director Mr. Dev C. Ittycheria
Sector Technology
Industry Software - Infrastructure
Full time employees 5558
Full time employees 5558

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.

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