MongoDB

MDB | NASDAQ | 20 Followers
$330.10 -0.60% -$2.00
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Fair Price

$944.70
Overvalued by 34.7%
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Profile

MongoDB $MDB is an American software company founded in 2007, best known for its namesake database platform in the NoSQL category. Its flagship product, MongoDB Atlas, is a fully managed cloud database service and has become the company’s primary growth driver—allowing customers to seamlessly scale data across public clouds (AWS, Azure, Google Cloud). The company gained traction thanks to its flexible document-based storage (JSON-like structures), which is highly suited for modern applications in areas such as e-commerce, fintech, gaming, and IoT. Today, MongoDB serves more than 40,000 customers in over 100 countries and generates billions in revenue, with annual growth rates often exceeding 25%. It is seen as a technological leader in next-generation databases and a competitor to traditional players like Oracle and Microsoft SQL, with a strategy built on rapid innovation, a strong open-source ecosystem, and a growing share of cloud-based subscriptions.

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