MongoDB, Inc. Class A (MDB)

Over the past six months, MongoDB's stock has been impacted by several events. Q2 FY2026 earnings beat analyst estimates, leading to a share price increase. Analyst ratings were updated with maintained "Buy" or "Outperform" ratings and raised price targets. Q3 FY2025 earnings also beat estimates with revenue growth. The CFO announced his retirement. The stock price has fluctuated, showing a significant increase over the past six months despite recent declines.

A clear seasonal pattern for demand for MongoDB's products and services is not explicitly detailed. Atlas consumption trends came in slightly higher than expected in Q3 FY2025, with a projected Q4 slowdown. The company's business is driven by its subscription-based model and the increasing adoption of Atlas, providing a recurring revenue stream. Demand is influenced by the race among enterprises to deploy AI applications at scale, leading to surging demand for software infrastructure companies like MongoDB.

MongoDB, Inc. is an American software company specializing in its general-purpose database platform, operating in the Technology sector. Its mission is to empower innovators by unleashing the power of software and data. Key products include MongoDB Atlas, a fully managed cloud database service; MongoDB Enterprise Advanced, a commercial database server; Community Server, a free open-source version; and Professional Services, including consulting and training. The platform is used across various industries to build, modernize, deploy, and maintain applications, supporting areas like AI, Edge computing, IoT, mobile applications, and payment technology.

MongoDB has a global presence with US headquarters in New York City and international headquarters in Dublin, Ireland. It has offices and remote teams across North America, Europe, Asia-Pacific, and Latin America, supporting a diverse customer base with localized services. As of January 2024, net sales were distributed as follows: Americas (60.4%), Europe-Middle East-Africa (27.9%), and Asia-Pacific (11.7%). The company serves tens of thousands of customers in over 100 countries.

MongoDB maintains a strong brand reputation as a leading NoSQL database platform, recognized for its developer-friendly approach and ability to manage large volumes of unstructured data. Key factors affecting its reputation include its AI integration and focus, platform expansion and modernization, and customer growth. The company has been expanding its AI-related features and positioning Atlas as a preferred database for storing vector embeddings. MongoDB continues to enhance its platform with features like analytics, transactional databases, encryption, and migration tools. The company has consistently grown its customer base, reaching almost 60,000 customers by Q2 FY2026.

MongoDB's ownership is a mix of institutional, retail, and individual investors. Institutional investors own a significant portion of the shares, with major holders including Vanguard Group Inc, BlackRock, Inc., Morgan Stanley, and State Street Corp. Individual investors and public companies own a smaller percentage, with insiders holding around 3.09% to 3.10% of the stock.