MongoDB (MDB) Stock Price
MongoDB Price
Revenue has compounded at 45.2% per year over the past 11 years to 2.46 B USD. MongoDB's net margin stands at -2.9%, up from -35.1% several years earlier. Analysts set a median price target of 392.50 USD, implying 8.1% above the current price. Of 48 analysts, 39 rate the stock a buy — an overall Buy consensus.
MongoDB stock price
MongoDB business model & stock analysis
Frequently asked questions about MongoDB
The business model of MongoDB Inc. revolves around providing a leading modern database platform. MongoDB offers a comprehensive suite of services to help businesses streamline their data storage and management processes. By offering a flexible, scalable, and reliable solution, MongoDB enables organizations to store and process massive amounts of data efficiently. MongoDB's business model also involves providing subscription-based support and services to assist customers in maximizing the benefits of their database platform. The company's focus on innovation and continuous product enhancements further strengthens its position as a market leader in the database industry.
MongoDB Inc is primarily active in the technology industry.
Some of the main competitors of MongoDB Inc in the market are Oracle Corporation, Microsoft Corporation, and IBM Corporation.
MongoDB Inc is a renowned software company specializing in database management systems. Established in 2007, MongoDB Inc was founded by Dwight Merriman, Eliot Horowitz, and Kevin Ryan. The company's primary product, MongoDB, is an open-source NoSQL (non-relational) database used to store and retrieve vast amounts of structured and unstructured data. MongoDB quickly gained popularity for its flexible and scalable architecture, catering to the needs of modern applications. MongoDB Inc, headquartered in New York City, has expanded globally, serving businesses across various industries. With continuous innovation and a strong customer base, MongoDB Inc has established itself as a leading player in the database management industry.
MongoDB Inc has achieved significant milestones since its inception. One notable accomplishment is its establishment as a leading modern general-purpose database platform. MongoDB Inc developed MongoDB, a document-oriented database system that provides high scalability, flexibility, and performance. The company has constantly delivered innovative features and enhancements, making it a preferred choice for various organizations. MongoDB Inc's milestones also include successful initial public offering (IPO) in 2017, showcasing its market prominence and investor confidence. With a strong focus on driving digital transformation through cutting-edge technology, MongoDB Inc continues to shape the future of data management solutions.
MongoDB Inc is primarily present in various countries and regions worldwide. With its global operations, the company has a significant presence in North America, including the United States and Canada. It also maintains a strong foothold in Europe, specifically in countries like the United Kingdom, Germany, France, and the Netherlands. MongoDB Inc extends its reach to Asia Pacific as well, with a prominent presence in countries such as India, Australia, and Japan. Furthermore, the company has expanded its business in Latin America, with notable operations in Brazil and Mexico. Overall, MongoDB Inc has established a widespread presence, catering to a diverse range of markets across different continents.
MongoDB Inc represents a strong set of values and a corporate philosophy centered around innovation, collaboration, and customer-centricity. With a focus on empowering organizations to unlock the potential of their data, MongoDB Inc strives to provide cutting-edge solutions and services in the world of modern technology. The company's commitment to open-source technology, scalability, and flexibility has made it a leading player in the database market. MongoDB Inc's dedication to customer success, continuous improvement, and staying ahead of the curve reflects its mantra of enabling businesses to thrive in the digital era.
Analysts currently set an average price target of 416.83 USD for the MongoDB stock (median: 392.50 USD), implying +14.8 % versus the latest price. The consensus is based on 48 analyst ratings.
48 analysts currently rate the MongoDB stock: 39 recommend buying, 9 holding and 0 selling.
Converted at the current exchange rate, the MongoDB share trades at 322.64 EUR (363.03 USD).
The MongoDB share (MDB) is listed on 6 stock exchanges, including: NASDAQ (MDB), London (0KKZ.L), Frankfurt (526.F), München (526.MU), Düsseldorf (526.DU).
MongoDB Inc. is a popular provider of database software and cloud service solutions based on the open-source MongoDB database system. The company offers various divisions such as MongoDB Atlas, MongoDB University, MongoDB Compass, MongoDB Ops Manager, MongoDB Connector, and more. The company is headquartered in New York City and has offices worldwide. MongoDB Atlas is a fully managed cloud database provided on the basis of MongoDB and is considered the core of the company's business model. Businesses can quickly and easily create, scale, and manage databases with MongoDB Atlas without worrying about database maintenance and administration. The system supports a variety of features such as automatic scaling, automatic backup and restore, and online backup. MongoDB Atlas is available on various cloud platforms such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform, ensuring seamless integration with existing cloud infrastructures. MongoDB also offers a free training program called MongoDB University to support its customers in using the database software. The program provides online courses and training materials to give developers a quick introduction to and comprehensive knowledge of MongoDB programming. MongoDB University is an important part of the business model as it promotes the adoption of MongoDB in the developer community and can thereby increase the potential for selling products and services. MongoDB Compass is a GUI tool that provides developers with an easy and user-friendly interface to visualize, query, and edit MongoDB databases. The tool supports various query languages such as SQL, MongoDB Query Language (MQL), and Visual Query Builder. MongoDB Compass allows developers to quickly analyze and manage data, leading to more efficient development and deployment of applications. MongoDB Ops Manager is a powerful management platform that allows developers and operators to manage MongoDB databases faster and easier. The tool provides features for monitoring and managing databases, including resource scaling, system optimization, management of security and connectivity options, and reporting and analysis of data. MongoDB Connector is a suite of drivers and integration tools used by MongoDB partners and customers to simplify the integration of applications and databases. The suite supports various programming languages such as Java, C++, Python, and Node.js, giving the company a competitive advantage. The business model of MongoDB Inc. is based on three pillars: top-notch support, comprehensive training programs, and scalable cloud-based database solutions. The company offers high-quality products and services to its customers as well as excellent customer support to differentiate itself from the competition. The cloud-based solution MongoDB Atlas is the main focus of the business model, but the company also has other products and services that allow customers to easily access and manage the database. With a strong partner network and a growing developer community, MongoDB is well-positioned to be successful in the future.
The revenue of MongoDB is 2.46 B USD. This figure is based on current financial data and reflects the company's business performance.
The profit of MongoDB is -71.15 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of MongoDB is currently -418.36. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MongoDB stock.
The price-to-sales ratio (P/S) of MongoDB is currently 12.08. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MongoDB stock.
The Eulerpool Quality Score for MongoDB is 3/10.
The ISIN of MongoDB is US60937P1066. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of MongoDB is A2DYB1. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of MongoDB is MDB. The ticker symbol is used to trade MongoDB shares on the stock exchange.
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All fundamentals and in-depth analysis of MongoDB
Our stock analysis for MongoDB stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MongoDB. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.