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MongoDB: No Clear Path To Profitability?

3:08 pm ET, 13 Dec 2017

database DB

MongoDB reported its Q3 results yesterday, and the stock is down over 7% mid-day.  This was the first quarterly result since the Company went public in October last year.

On the positive side, MongoDB's Q3 revenue was $41.5M, up 58% Y-o-Y vs. consensus of $37.2M.  The net loss per share was smaller than expected: $0.44 vs. consensus $0.49 per share.  But the loss was wider from the loss a year ago ($0.40 per share).   

The majority of the revenue came from subscriptions: $37.9M (up 59% Y-o-Y).  

The Company calls for a modest sequential revenue growth in Q4 ($42M-$42.5M), with a significant net loss of $0.43-$0.42/share. 

S&P Capital IQ believes the Company is overvalued, and its quality of earnings, growth stability and financial health are poor.   

Finstead research indicates the average price target of $33.60 (the price target range is between $30 and $38), which presents a significant upside to the current stock price.  See details below. 

mongoDB price target

MongoDB makes a general purpose database. It makes money by selling MongoDB Enterprise Advanced, a subscription package for enterprise customers to run in the cloud or in a hybrid environment and MongoDB Atlas, a cloud-hosted database-as-a-service solution.  MongoDB also makes Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. 

Mongo had over 4,900 customers at the end of Q3, up 88% Y-o-Y.  MongoDB Atlas (its hosted cloud version of the database) total customer count at 2,600, up 37% Y-o-Y.

MongoDB was founded in 2007 and is headquartered in New York City.

MongoDB, Inc. (MDB) Stock Guide

Updated at: 8:16 am ET, 14 Nov 2020

Before we start: if you're looking for MDB stock price, you can quickly find it out by visiting Finny and typing "MDB quote". If you're looking for a quick scoop on MDB stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "MDB". You'll get all this info in one place. Or you can just type "MDB news" to get the latest stock news.

Looking to buy or sell MongoDB, Inc. (MDB)? Interested in getting the full scoop on MDB, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this MDB stock guide, we'll address key questions about MDB, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are MDB earnings?
2. When is MDB earnings date?
3. What is MDB stock forecast (i.e., prediction)?
4. MDB buy or sell? What is MDB Finny Score?
5. What are the reasons to buy MDB? Why should I buy MDB stock?
6. What are the reasons to sell MDB? Why should I sell MDB stock?
7. What are MDB key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are MDB earnings?

MDB trailing 12-month earnings per share (EPS) is -$3.90.

2. When is MDB earnings date?

MDB earnings date is December 07, 2020.

Analyst Predictions

3. What is MDB stock forecast (i.e., prediction)?

Based on MDB analyst price targets, MDB stock forecast is $288.27 (for a year from now). That means the average analyst price target for MDB stock is $288.27. The prediction is based on 7 analyst estimates.

The low price target for MDB is $245.00, while the high price target is $331.00.

MDB analyst rating is Buy.

Analysis

4. MDB buy or sell? What is MDB Finny Score?

#{finnyScore:50}Our quantitative analysis shows 5 reasons to buy and 5 reasons to sell MDB, resulting in Finny Score of 50.

5. What are the reasons to buy MDB? Why should I buy MDB stock?

Here are the reasons to buy MDB stock:

  • MDB quarterly revenue growth was 39.20%, higher than the industry and sector average revenue growth (1.19% and 0.53%, respectively). See MDB revenue growth chart.
  • MDB profitability is improving. The YoY profit margin change was 23.16 percentage points. See MDB profitability chart.
  • MDB average analyst rating is Buy. See MDB analyst rating chart.
  • MDB average analyst price target ($288.27) is above its current price ($246.86). See MDB price target chart.
  • MDB cash to debt ratio is 0.94, higher than the average industry (0.16) and sector (0.17) cash to debt ratio. See MDB cash to debt chart.

6. What are the reasons to sell MDB? Why should I sell MDB stock?

Let's look at the reasons to sell MDB stock (i.e., the bear case):

Key Stats

7. What are MDB key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for MDB:

Metrics MDB
Price $275.15
Average Price Target / Upside $288.27 / 4.77%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Software - Application
Sector Technology
Number of Employees 962
Market Cap $16.21B
Forward P/E Ratio -309.33
Price/Book Ratio 32.31
Revenue (TTM) $501.57M
YoY Quarterly Revenue Growth 39.20%
Profit Margin -44.55%

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