MDB – MongoDB, Inc. – Catching a falling knife?


Is this really that bad of a stock or is there some opportunity? Some pros and cons:

– 50%+ YoY Revenue Growth

– 70%+ Gross Profit Margin

– Not profitable and a P/S 8.94. Pretty high valuation.

– MongoDB Atlas revenue up 70%+; 64% of total revenue, usage based pricing model.

– negative free cash flow and net income, $600MM net cash position.

I know there is more to consider, but is this something worth holding at the current price point?


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