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MongoDB ticks higher amid takeover speculation (NASDAQ:MDB) | Seeking Alpha

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Posted on mongodb google news. Visit mongodb google news

@Stock Scanner You may want to check the FCF. It’s ballooned to almost 100M and rising fast as the company starts to achieve operating leverage. The losses of past were strategic investments to balance growth and investment for the future because the opportunity was so large. Very smart management. This company has gross profit margin of 75% and rising every quarter since end of 2021.Furthermore actual EPS is positive. They earned 81 cents in 2023 and 2024 estimates are $2.91. Important to note MDB has consistently beaten estimates so wouldn’t be surprised to see $3.00 to $3.55 in EPS for 2024. That doesn’t make the stock cheap today unless you consider the long runway of double digit growth and compounding. Also AI may provide accelerated revenue growth. These fast growers with very large TAM’s are difficult to value in their hyper growth phase. Is today’s price too high? Maybe and maybe not. But if you are patient and MDB continues to execute as well as it has been and you let the magic of compounding do the heavy lifting this likely is a market beater over the next 5 and 10 years.

Article originally posted on mongodb google news. Visit mongodb google news

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