MongoDB stock trading at premium P/S ratio of 7.08X, supported by strong performance
From Nasdaq: 2025-07-01 12:23:00
- MongoDB (MDB) shares are trading at a premium with a Value Score of F and a forward 12 months Price/Sales of 7.08X, higher than the Internet – Software industry’s 5.91X.
- MongoDB’s fiscal first-quarter performance led to an 8.7% share price increase in the past month, outperforming the Computer and Technology sector. The company raised guidance for fiscal 2026, with revenues growing year over year.
- MongoDB continues to expand its customer base despite competition. The company launched version 8.0 and improved AI capabilities with Voyage 3.5. Revenues for the fiscal first quarter grew 22% to $549 million, with raised guidance for fiscal 2026.
- MongoDB strengthens its AI edge with integrated platforms, benefiting from the rising demand for AI-powered applications. The company’s acquisition of Voyage AI has significantly enhanced its capabilities, leading to partnerships with Rubrik and Cohesity.
- MongoDB’s shares are expensive but supported by upward estimate revisions and improving profitability. The company’s focus on innovation-led growth, enterprise adoption, and raised guidance suggest long-term growth potential. MongoDB stock is currently trading above the 50-day moving average, indicating a bullish trend.
Read more at Nasdaq: MongoDB Trades at a P/S of 7.08X: Should You Still Buy MDB Stock?