u/Fearless_Possible480 · 23d agono track record yet
MDB dropped ~20% after the CEO left, now a buying opportunity.?
MongoDB's business fundamentals remain solid with accelerating revenue growth (30% YoY), strong net ARR expansion (122%), and positive GAAP operating income. The ~20% post-CEO departure selloff appears excessive given reaffirmed FY2027 guidance and improving profitability, suggesting a buying opportunity despite elevated valuation.
Now $390.75as of Oct 21, 4:00 PM ET