MongoDB Earnings: Don't Chase This Stock, Cache Out
Despite MongoDB's raised guidance, its stock is still priced at an exorbitant 100x forward non-GAAP operating profits, which is unsustainable. MongoDB's growth rates are erratic and below 20% CAGR, failing to justify its premium valuation and high market enthusiasm. The shift to MongoDB Atlas is cannibalizing its on-premise business, and macroeconomic pressures could further impact revenue growth.
Watch These MongoDB Price Levels After Stock Soars on Boosted Outlook
Shares in MongoDB (MDB) soared in extended trading Thursday after the company reported better-than-expected earnings and boosted its full-year guidance amid robust demand for generative artificial intelligence (AI) software.
Class Action Filed Against MongoDB, Inc. (MDB) Seeking Recovery for Investors - Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / If you suffered a loss on your MongoDB, Inc. (NASDAQ:MDB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
MONGODB SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against MongoDB, Inc. - MDB
NEW ORLEANS, LA / ACCESSWIRE / August 29, 2024 / Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 9, 2024 to file lead plaintiff applications in a securities class action lawsuit against MongoDB, Inc. (NasdaqGM:MDB).
MongoDB, Inc. (MDB) Q2 2025 Earnings Call Transcript
MongoDB, Inc. (NASDAQ:MDB ) Q2 2025 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Brian Denyeau - IR, ICR Dev Ittycheria - President and CEO Michael Gordon - COO and CFO Conference Call Participants Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Kash Rangan - Goldman Sachs Tyler Radke - Citi Brad Reback - Stifel Karl Keirstead - UBS Jason Ader - William Blair Brad Sills - Bank of America Rishi Jaluria - RBC Capital Markets Brent Bracelin - Piper Sandler Eric Heath - KeyBanc Capital Markets Operator Good day, and thank you for standing by. Welcome to the MongoDB's Second Quarter Fiscal Year 2025 Conference Call.
MongoDB: Revenue Exceeds Expectations
MongoDB reported revenue of $478.1 million, exceeding its guidance range of $460.0 million to $464.0 million. Non-GAAP income from operations was $52.5 million, well above the expected range of $35.0 million to $38.0 million.
AI Software Demand Helps Lift MongoDB Stock
MongoDB (MDB) shares rocketed higher after the bell Thursday after the company raised its full-year guidance alongside second-quarter results that topped expectations.
MongoDB (MDB) Q2 Earnings and Revenues Top Estimates
MongoDB (MDB) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.93 per share a year ago.
Levi & Korsinsky Notifies Shareholders of MongoDB, Inc.(MDB) of a Class Action Lawsuit and an Upcoming Deadline
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / If you suffered a loss on your MongoDB, Inc. (NASDAQ:MDB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
MongoDB, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before September 9, 2024 to Discuss Your Rights - MDB
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / If you suffered a loss on your MongoDB, Inc. (NASDAQ:MDB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
MongoDB shares surge 15% on guidance boost
Better-than-expected cloud consumption trends pushed up MongoDB's results. The company increased its guidance for the fiscal year ending in January 2025.
MDB STOCK DROP ALERT: Lost Money on Your MongoDB Investment? Contact BFA Law by September 9 about the Securities Fraud Lawsuit
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. (Nasdaq:MDB) and certain of the Company's senior executives. If you suffered losses on your MongoDB investment, you are encouraged to submit your information at Click Here
