MongoDB 2022 Bullish Outlook By Oppenheimer
<p>Analysts at Oppenheimer provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/MDB'>MongoDB, Inc. (NASDAQ:MDB)</a>, which saw its stock price decline around 18% since the start of this year. The analysts mentioned the following key points that back their bullish thesis on the company:</p>
<p>(1)	Atlas is expected to remain the main focal point for investors this year, with the company believed to sustain its strong Atlas momentum of 84.4% year-over-year revenue growth in Q3, as more customers shift to DBaaS deployments.</p>
<p>(2)	Concerns around AWS's database solutions are overdone and the brokerage views AWS as more of a balanced partner rather than a competitor.</p>
<p>(3)	Consistent growth in the Enterprise Advance business of 19.6% year-over-year in Q3.</p>
<p>(4)	The brokerage expects the company to continue to be aggressive with investments in S&M/R&D.</p>

NASDAQ:MDB