What is MongoDB, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on MongoDB, Inc.'s reported free cash flow gives $215.74 per share. The share price was $410.44 on September 25, 2026, 90% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $135.93 | -67% |
| Base | 15.0% | 9.0% | $215.74 | -47% |
| Bull | 20.0% | 8.0% | $364.36 | -11% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $276.17 | $295.01 | $318.04 | $346.83 | $383.84 |
| 8.0% | $230.78 | $243.00 | $257.44 | $274.77 | $295.94 |
| 9.0% | $197.75 | $206.10 | $215.74 | $226.99 | $240.28 |
| 10.0% | $172.70 | $178.64 | $185.38 | $193.07 | $201.95 |
| 11.0% | $153.11 | $157.46 | $162.33 | $167.81 | $174.01 |
Where the presets come from
Base: years 1 to 5 grow at MongoDB, Inc.'s revenue growth rate over the last 5 fiscal years (33.1% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions