MongoDB Inc Class A
MDB: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !RQ | LOCK|Zv> | LOCK|h?C!$@ |
MongoDB Earnings: High Expectations Around AI-Led Growth Overshadow Solid Quarterly Results
MongoDB recorded a solid beat in the second quarter. Total revenue grew 30%, outpacing the 24% implied growth from the previous quarter's guidance. Rapid revenue scaling also helped quarterly non-GAAP operating margin reach a new high of 24%, up over 900 basis points year over year.
