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The Daily Insight

Is MongoDB publicly traded

Author

Mia Morrison

Published Mar 11, 2026

On October 20, 2017, MongoDB became a publicly traded company, listed on NASDAQ as MDB with an IPO price of $24 per share. … On October 30, 2019, MongoDB teamed up with Alibaba Cloud, who will offer its customers a MongoDB-as-a-service solution.

Is MongoDB a publicly traded company?

MongoDB was worth just $1.2 billion at the time of its IPO in 2017. It’s now the only publicly traded open-source company valued at $30 billion or more.

Is MongoDB owned by Google?

MongoDB was founded in 2007 by Dwight Merriman, Eliot Horowitz and Kevin Ryan – the team behind DoubleClick. At the Internet advertising company DoubleClick (now owned by Google), the team developed and used many custom data stores to work around the shortcomings of existing databases.

Is MongoDB a good stock to buy?

MongoDB has climbed a decent 40% since Dec. 31. Meanwhile, the stock has shot up nearly 60% over the past six months, from around 300 a share in April to nearly 500 a share. The stock holds a 94 Relative Strength Rating, plenty high for growth stocks.

Which big companies use MongoDB?

  • Uber.
  • LaunchDarkly.
  • Delivery Hero.
  • Lyft.
  • KAVAK.
  • Stack.
  • HENNGE K.K.
  • Accenture.

How many shares does MongoDB have?

Avg Vol (3 month) 3815.32kShares Outstanding 566.75MImplied Shares Outstanding 6N/AFloat 862.67M% Held by Insiders 15.76%

Is MongoDB private?

All dedicated clusters on MongoDB Atlas are deployed in their own virtual private cloud (VPC), so customers usually connect to a cluster via VPC peering or public IP access-listing. … On the other hand, with public IP access-listing customers’ data traffic can go over the Internet.

Is MongoDB stock overvalued?

Valuation metrics show that MongoDB, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of MDB, demonstrate its potential to underperform the market.

Is MongoDB overvalued?

In short, the stock of MongoDB (NAS:MDB, 30-year Financials) is believed to be modestly overvalued. The company’s financial condition is poor and its profitability is poor. Its growth ranks worse than 66% of the companies in Software industry.

Is MDB a buy or sell?

Out of 14 analysts, 8 (57.14%) are recommending MDB as a Strong Buy, 3 (21.43%) are recommending MDB as a Buy, 3 (21.43%) are recommending MDB as a Hold, 0 (0%) are recommending MDB as a Sell, and 0 (0%) are recommending MDB as a Strong Sell. What is MDB’s earnings growth forecast for 2022-2023?

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When did MongoDB go public?

On October 20, 2017, MongoDB became a publicly traded company, listed on NASDAQ as MDB with an IPO price of $24 per share.

How does MongoDB make money?

In the prospectus, the story is that Mongo makes its money through subscriptions. … Using it will save you tonnes of money compared to Oracle, as our software is essentially free. In order to save all this money, you’ll need to pay us $35,000 a year for our support services.

Who bought MongoDB?

It didn’t. Do more than $50m in revenue. But, in 2008, oops, it got bought by Sun Microsystems for $1bn.

Does Apple use MongoDB?

ReadWrite: Apple bought FoundationDB, but uses quite a bit of Cassandra, MongoDB, Hbase, and Couchbase already.

Does Coinbase use MongoDB?

At Coinbase, we use a wide variety of datastores, including MongoDB, Postgres, and Redis. One of the things that has consistently been troublesome for us is MongoDB migrations.

Who are MongoDB's customers?

One high-profile user promoted by MongoDB is Urban Outfitters, the retail company responsible for brands Anthropologie, Free People, and Urban Outfitters. It uses MongoDB for its e-commerce platform to quickly release apps based on its flexibility and performance.

Which is better MongoDB or firebase?

S.NO.FIREBASEMONGODB1.It was developed by Google in 2012.It was developed by MongoDB Inc. in 2009.10.It is not much secure.It provides more security than Firebase.

Can I use MongoDB with AWS?

MongoDB is an open source, NoSQL database that provides support for JSON-styled, document-oriented storage systems. … AWS enables you to set up the infrastructure to support MongoDB deployment in a flexible, scalable, and cost-effective manner on the AWS Cloud.

How do I purchase MongoDB?

MongoDB products and services can be purchased by contacting our sales team, contacting one of our partners or buying online: Contact Sales – Visit the Contact Us section of our site to find contact information for our offices globally or to ask the appropriate sales representative to contact you.

Is MDB a buy right now?

MongoDB has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.

Does MongoDB pay dividend?

MongoDB (NASDAQ: MDB) does not pay a dividend.

Is MongoDB completely free?

Is MongoDB Free? You can get started with a MongoDB developer sandbox in MongoDB Atlas for free with basic configuration options. No credit cards are required to provision a cluster, and you can use it to explore and learn more about MongoDB Atlas, the database-as-a-service platform from MongoDB.

Who are MongoDB's competitors?

  • Amazon Web Services (AWS)
  • Oracle.
  • Microsoft.
  • MariaDB.
  • Google.
  • Couchbase.
  • IBM.
  • Cloudera.

How is MongoDB as a company?

MongoDB, Inc. is an American software company that develops and provides commercial support for the source-available database MongoDB, a NoSQL database that stores data in JSON-like documents with flexible schemas.

What is MongoDB's business model?

MongoDB has a mass market business model, with no significant differentiation between customers. The company targets organizations across industries that wish to more effectively store and scale their data. Key industry users include Retail, Technology, Financial Services, and Government.

How popular is MongoDB?

“MongoDB is the fifth most popular database, and still one-third as widely used as Oracle and MySQL!” Given how reluctant enterprises are to switch out battle-tested databases, even that level of adoption is impressive. Databases are the “stickiest” product within an organization, the least likely to change.

What does MongoDB stand for?

While originally simply dubbed “p”, the database was officially named MongoDB, with “Mongo” being short for the word humongous.

What is MongoDB vs MySQL?

MongoDB represents data as of JSON documents whereas MySQL represents data in tables and rows. … MongoDB doesn’t support JOIN but MySQL supports JOIN operations. MongoDB uses JavaScript as query language while MySQL uses the Structured Query Language (SQL).

What database does Netflix use?

With billions of reads and writes daily, Netflix relies on NoSQL database Cassandra to replace a legacy Oracle deployment. Netflix is the big Kahuna of a Web media businesses, with 33 million subscribers in more than 40 countries.

What does Google use MongoDB for?

MongoDB Atlas on Google Cloud A fully managed, global cloud database from MongoDB that combines a flexible JSON‐like data model, rich querying and indexing, and elastic scalability while automating time‐consuming database admin tasks.

Which applications use MongoDB?

Over the years, MongoDB has become a popular choice of a highly scalable database and it is currently being used as the backend data store of many well-known organizations like IBM, Twitter, Zendesk, Forbes, Facebook, Google, and a gazillion others.