MongoDB (MDB) Stock Craters as Consumption Growth Slows; Profits Decline
MongoDB( MDB) recently delivered a terrible earnings report with management expecting slower revenue growth in 2024.
MongoDB( MDB) recently delivered a terrible earnings report with management expecting slower revenue growth in 2024.
MongoDB (MDB) lowered revenue estimates for 2024, and the stock declined on the news. Let’s look into management’s story.
MongoDB (MDB) has been on a nice run higher the past year. But growth is expected to slow, and that could mean a lower valuation.
MongoDB’s (MDB) database management software is a big hit with programmers. And the platform is perfect for Artificial Intelligence.
AI companies are choosing MongoDB (MDB) developer data platform for their applications. More apps mean move volume for MDB.
A poor economy is causing MongoDB’s (MDB) customers to slow consumption rates on its software, which is priced on usage.
MongoDB (MDB) is one of the best software companies around. But the “profit” the company makes is basically given to employees.
MongoDB (MDB) is one of the fastest growing companies of today. But the stock fell hard after earnings, and keeps dropping.
MongoDB (MDB) is performing magnificently. But the company is expected to lose money this year, and that’s bad in a Bear Market.
MongoDB (MDB) proved its one of the market’s top (speculative) growth stocks after last qtr’s earnings report, here’s why.
MongoDB (MDB) is one of the premier tech companies of today, but the company isn’t making profits yet, which makes MDB risky.