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MongoDB, Inc. (MDB): A Bull Case Theory

We came across a bullish thesis on MongoDB, Inc. on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on MDB. MongoDB, Inc.'s share was trading at $295.70 as of August 27th. MDB’s forward P/E was 102.04 according to Yahoo Finance.

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MongoDB delivered a strong second quarter of FY25, reporting $591 million in revenue, up 24% year-over-year and above guidance, with non-GAAP EPS of $1.00 that beat estimates by 54%. Operating margin...