MDB

MongoDB, Inc.

Technology · $28.3B market cap

Verdict

Share price

$357.96

close of Oct 3, 2026

Fair value

$303.25

Sticker Price

Payback Price

—

no buy price

Overpriced

MDB is Overpriced: at $357.96 it trades 18% above its fair value of $303.25. There's no buy price: it has lost money 3 years in a row, so its value rests on sales alone. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Sales-Based (P/S). It has reported a loss for 3 years in a row. Its free cash flow looks positive ($0.50B), but $0.55B of that is stock paid to employees rather than cash, so we value it on its sales instead.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth—?
Equity per share growth32.2% a year✓
Sales growth39.4% a year✓
Free cash flow growth108.2% a year✓
Return on invested capital-7.3%✗

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Superinvestors

1 of the investors we track holds MDB. In Q2 2026, 1 trimmed. Who we track

Moves in Q2 2026

Trimmed: ValueAct Capital

About MongoDB, Inc.

MongoDB, Inc. serves as a global provider of a versatile database platform. The company's offerings feature MongoDB Enterprise Advanced, a sophisticated commercial database server designed for corporate clients, which can be deployed in cloud, on-premises, or hybrid environments. It also presents MongoDB Atlas, a fully managed, multi-cloud database-as-a-service (DBaaS) solution. For developers seeking to start with…

Software - Infrastructure

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works