MongoDB is a disruptive general-purpose database platform that is gaining traction among application developers across the globe.
MongoDB's huge total addressable market is expanding rapidly whilst providing a long growth runway for the company.
The projected 2-yr revenue CAGR of ~29% combined with a strong margin profile makes MongoDB an interesting investment idea.
With that being said, the market has sniffed out as much already, and the returns I project using conservative estimates, approximately 13%, are not those which I'd write home about.
I rate MongoDB a moderate buy at ~$210.