MongoDB (MDB) Stock Drops Despite Market Gains: Important Facts to Note

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. In terms of valuation, MongoDB is currently trading at a Forward P/E ratio of 113.44. This valuation marks a premium compared to its industry's average Forward P/E of 31.06. The Internet - Software industry is part of the Computer and Technology secto ...