MongoDB Inc Class A
MDB: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?D | LOCK|m$ | LOCK|>r%X<s |
MongoDB: Evolutionary Enhancements Help Mature Product Carve Out Additional Market Share
MongoDB announced several new products, including an application modernization platform, during its investor day. Management also provided a long-term revenue growth outlook in the high teens and a non-GAAP operating margin outlook of over 20%. Shares are down 4% following the news.
