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Is MongoDB an Excellent Stock to Buy?

MongoDB reported fiscal year 2024 first-quarter earnings results that surprised stock market investors.

By Parkev Tatevosian, CFA – Jun 7, 2023 at 7:33PM EST

Fool.com contributor and finance professor Parkev Tatevosian digs through MongoDB's (MDB 2.34%) latest results with an eye on evaluating what they mean for long-term investors.

*Stock prices used were the afternoon prices of June 5, 2023. The video was published on June 7, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends MongoDB. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

MongoDB Stock Quote
MongoDB
NASDAQ: MDB
$258.20
(-2.34%)-$6.18

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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