MongoDB: Playing The Long Game In A Fiercely Competitive Market

Stephen Ayers
8.56K Followers

Summary

  • MongoDB's Q2 fiscal 2025 revenue increased by 13% year-over-year to $478.1 million, with Atlas contributing 71% of total revenue.
  • The NoSQL database market is projected to grow significantly, with estimates reaching up to $82.3 billion by 2031, indicating robust industry expansion.
  • MDB faces strong competition from Amazon's DynamoDB, which offers comparable features and benefits from AWS integration.
  • Despite revenue growth, the Company continues to report net losses, primarily due to substantial SG&A and R&D expenditures.
  • I recommend a buy for MongoDB, as its dominant market position and Atlas growth potential provide strong long-term upside despite current profitability challenges.

computer network server room

Nikada

MongoDB (NASDAQ:MDB) provides NoSQL databases that store data in flexible, JSON-like documents. This design allows for dynamic schemas and scalability, making it ideal to handle diverse data. These databases are used by many companies, like Meta (

This article was written by

8.56K Followers
With a background as an RN and an MBA, Stephen analyzes healthcare and tech stocks by combining clinical insight with rigorous valuation methods. He specializes in scenario-based DCF modeling, sensitivity analysis, and Monte Carlo simulations to uncover asymmetric risk-reward. His focus is on translating complex science and market dynamics into actionable investment theses. His influences include Superforecasting and Fooled by Randomness.

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