AllAnalyst Report
logoMorningstarJune 16, 2021

MongoDB, Inc.: MongoDB’s Atlas Database as a Service Offering Eclipses Legacy Offering; Shares Overvalued

Symbols
MDB
Sector(s)
Technology
Rating
Current Price
$369.29
Fair Value
Economic Moat
Stewardship
Summary

Founded in 2007, MongoDB is a document-oriented database with nearly 25,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB’s database is compatible with all

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Analyst Profile

Julie Bhusal Sharma

Equity Analyst
Julie Bhusal Sharma is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. She covers technology, media, and telecommunications companies.Before joining Morningstar in 2017, Bhusal Sharma freelanced for the Chicago Tribune, writing about tech and startups. She also was acting associate editor for Columbus CEO, and her column for that magazine won the Alliance of Area Business Publishers’ national award for “Best Recurring Feature” in 2017.Bhusal Sharma holds a bachelor’s degree in philosophy with a minor in mathematics from Kenyon College.