Professional
Added to YB: 2026-04-27
Pitch date: 2026-03-31
MDB [neutral]
MongoDB, Inc.
+6.41%
current return
Author Info
No bio for this author
Company Info
MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company offers 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.
Market Cap
$21.7B
Pitch Price
$248.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
-222.55
P/E
-307.78
EV/Sales
7.85
Sector
IT Services
Category
growth
Alger Mid Cap Focus Fund Portfolio Holding: MongoDB, Inc.
MDB (holding update): Modern database platform w/ flexible document-oriented approach vs rigid relational DBs. Atlas cloud offering drives majority of rev, growing strongly from developer/enterprise adoption. Well positioned for AI-driven app proliferation. Solid Q4 but FY guide below consensus pressured shares. Usage-based rev model historically yields conservative initial guidance, later raised. Market overreacting vs long-term trajectory.
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