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Bear of the Day: MongoDB (MDB)
MDBMongoDB(MDB) Zacks Investment Research·2024-03-15 11:21

MongoDB ((MDB) is a 27billionproviderofdatacentersolutionsandisakeyalternativetoAWSandAzurebecausedevelopersseemtolovetheplatform.Mongohasestablisheditselfastheclearnextgeneration,NoSQL,generalpurposedatabaseleaderwithover27 billion provider of datacenter solutions and is a key alternative to AWS and Azure because developers seem to love the platform.Mongo has established itself as the clear next-generation, NoSQL, general purpose database leader with over 2B of annualized revenue growing at 20%+ and its core Atlas product growing high double-digits. Based on its large total addressable market, their growing platform capabilities position MongoDB for strong growth for many years.But despite a big earnin ...