In today’s fast-evolving tech landscape, choosing the right software infrastructure stock demands careful analysis. MongoDB, Inc. (MDB) and Oddity Tech Ltd. (ODD) both operate in the technology sector, focusing on innovative software solutions, yet they target distinct markets—enterprise database platforms versus consumer-tech beauty and wellness. This comparison explores their strategic positioning and growth potential to help you decide which company aligns best with your investment goals.
Table of contents
Companies Overview
I will begin the comparison between MongoDB and Oddity Tech by providing an overview of these two companies and their main differences.
MongoDB Overview
MongoDB, Inc. is a US-based technology company specializing in software infrastructure. It provides a general-purpose database platform, including MongoDB Enterprise Advanced for enterprise clients, MongoDB Atlas as a multi-cloud database service, and a free Community Server for developers. Founded in 2007 and headquartered in New York City, MongoDB serves customers worldwide with consulting and training services, positioning itself as a leader in database technology.
Oddity Tech Overview
Oddity Tech Ltd. is an Israeli consumer-tech company focused on beauty and wellness products powered by its proprietary PowerMatch technology. It builds digital-first brands such as IL MAKIAGE and SpoiledChild to disrupt traditional offline markets. Established in 2013 and based in Tel Aviv-Jaffa, Oddity Tech operates globally, offering products across skincare, haircare, and cosmetics categories with a technology-driven approach to brand scaling.
Key similarities and differences
Both MongoDB and Oddity Tech operate in the technology sector and are listed on the NASDAQ Global Market. While MongoDB concentrates on software infrastructure with a database platform, Oddity Tech focuses on consumer technology and branded beauty products. MongoDB’s business model centers on software solutions and cloud services, whereas Oddity Tech emphasizes digital-first brand development and product innovation in wellness and beauty industries.
Income Statement Comparison
The table below compares the most recent full fiscal year income statement metrics for MongoDB, Inc. and Oddity Tech Ltd., highlighting their financial performance side by side.
| Metric | MongoDB, Inc. (MDB) | Oddity Tech Ltd. (ODD) |
|---|---|---|
| Market Cap | 32.5B | 2.01B |
| Revenue | 2.01B | 647M |
| EBITDA | -97M | 125M |
| EBIT | -124M | 116M |
| Net Income | -129M | 101M |
| EPS | -1.73 | 1.78 |
| Fiscal Year | 2025 | 2024 |
Income Statement Interpretations
MongoDB, Inc.
MongoDB’s revenue increased substantially from 590M in 2021 to 2.0B in 2025, showing strong growth. Despite this, net income remained negative throughout, improving from -267M in 2021 to -129M in 2025. Gross margins were stable and favorable at 73.3%, but net margin stayed negative at -6.4%. The 2025 year showed revenue growth of 19.2% and margin improvement, though profitability remains a challenge.
Oddity Tech Ltd.
Oddity Tech’s revenue grew rapidly from 111M in 2020 to 647M in 2024, with net income rising significantly from 11.7M to 101.5M. Margins improved consistently, with a 72.4% gross margin and a positive net margin of 15.7% in 2024. The latest year saw a 27.2% revenue increase and a 36.3% net margin growth, reflecting strong operational efficiency and profitability gains.
Which one has the stronger fundamentals?
Oddity Tech demonstrates stronger fundamentals with consistent profitability, positive and growing net margins, and a 100% favorable income statement evaluation. MongoDB, while showing impressive revenue growth and stable gross margins, continues to report negative net income and EBIT margins. Oddity’s superior margin expansion and net income growth over the period indicate a more favorable income statement profile.
Financial Ratios Comparison
The table below presents a side-by-side comparison of key financial ratios for MongoDB, Inc. (MDB) and Oddity Tech Ltd. (ODD) based on their most recent fiscal year data.
| Ratios | MongoDB, Inc. (2025) | Oddity Tech Ltd. (2024) |
|---|---|---|
| ROE | -4.6% | 36.0% |
| ROIC | -7.4% | 28.6% |
| P/E | -158x | 23.7x |
| P/B | 7.32x | 8.54x |
| Current Ratio | 5.20 | 1.79 |
| Quick Ratio | 5.20 | 0.99 |
| D/E | 0.013 | 0.080 |
| Debt-to-Assets | 1.1% | 5.2% |
| Interest Coverage | -26.7x | 1521x |
| Asset Turnover | 0.58 | 1.47 |
| Fixed Asset Turnover | 24.78 | 19.38 |
| Payout ratio | 0% | 0% |
| Dividend yield | 0% | 0% |
Interpretation of the Ratios
MongoDB, Inc.
MongoDB shows several unfavorable ratios, including negative net margin (-6.43%) and return on equity (-4.64%), indicating profitability challenges. Its current ratio is high at 5.2 but flagged as unfavorable, possibly reflecting excess liquidity or inefficient asset use. With no dividend payments, MongoDB likely prioritizes reinvestment and growth over shareholder returns, consistent with its negative earnings and cash flow metrics.
Oddity Tech Ltd.
Oddity Tech presents a strong financial profile with favorable net margin (15.69%), return on equity (35.95%), and return on invested capital (28.56%). The company’s debt levels remain low and manageable, with good interest coverage (1521.05), supporting financial stability. Oddity Tech does not pay dividends, which suggests it focuses on reinvestment or expansion rather than immediate shareholder distributions.
Which one has the best ratios?
Oddity Tech Ltd. exhibits a more favorable set of financial ratios, with a majority rated positively, reflecting solid profitability, efficient asset use, and healthy leverage. MongoDB, by contrast, faces multiple unfavorable ratios, especially in profitability and liquidity metrics. Therefore, Oddity Tech’s ratios suggest stronger financial health compared to MongoDB’s current metrics.
Strategic Positioning
This section compares the strategic positioning of MongoDB, Inc. and Oddity Tech Ltd. regarding market position, key segments, and exposure to technological disruption:
MongoDB, Inc.
- Large market cap of 32.5B in software infrastructure with moderate competitive pressure.
- Focuses on database platforms with significant revenue from cloud-hosted MongoDB Atlas and subscriptions.
- Operates in a mature tech segment facing ongoing cloud technology advancements and infrastructure shifts.
Oddity Tech Ltd.
- Smaller market cap of 2.0B in software infrastructure, higher beta implies more volatility and competitive risk.
- Concentrates on consumer-tech beauty and wellness products using proprietary PowerMatch technology.
- Disrupts offline beauty and wellness industries by scaling digital-first brands via innovative tech.
MongoDB, Inc. vs Oddity Tech Ltd. Positioning
MongoDB adopts a concentrated strategy centered on database infrastructure and cloud services, benefiting from scale but facing stiff competition. Oddity Tech pursues a diversified consumer-tech approach disrupting traditional beauty markets, offering growth potential but with higher volatility and narrower market scope.
Which has the best competitive advantage?
Oddity Tech shows a very favorable moat with ROIC above WACC and growing profitability, indicating durable competitive advantage. MongoDB, despite growing ROIC, is slightly unfavorable due to value destruction relative to its cost of capital.
Stock Comparison
The stock price movements of MongoDB, Inc. (MDB) and Oddity Tech Ltd. (ODD) over the past year reveal contrasting dynamics, with MDB exhibiting notable volatility and recent bullish momentum, while ODD shows a persistent bearish trend with decelerating decline.
Trend Analysis
MongoDB, Inc. (MDB) experienced an 11.46% price decline over the past year, indicating a bearish trend with accelerating downward momentum. The stock showed high volatility with a standard deviation of 72.49, hitting a low of 154.39 and a high of 451.52.
Oddity Tech Ltd. (ODD) also faced a bearish trend with a 9.16% price drop over the year. However, its decline decelerated, and volatility was significantly lower at 11.75. The price ranged between 32.19 and 77.35 during this period.
Comparing both, MDB’s stock delivered the lowest annual market performance with a deeper decline but showed recent bullish recovery, whereas ODD’s trend was less volatile but steadily bearish, making MDB’s recent gains more pronounced.
Target Prices
Analysts present a clear consensus on target prices for MongoDB, Inc. and Oddity Tech Ltd.
| Company | Target High | Target Low | Consensus |
|---|---|---|---|
| MongoDB, Inc. | 500 | 375 | 445.2 |
| Oddity Tech Ltd. | 80 | 40 | 66.33 |
The target consensus for MongoDB, Inc. at 445.2 suggests upside potential versus the current price of 399.76 USD. Oddity Tech Ltd.’s consensus of 66.33 is significantly above its current price of 35.4 USD, indicating optimistic analyst expectations.
Analyst Opinions Comparison
This section compares analysts’ ratings and grades for MongoDB, Inc. (MDB) and Oddity Tech Ltd. (ODD):
Rating Comparison
MDB Rating
- Rating: C, classified as Very Favorable by analysts.
- Discounted Cash Flow Score: 2, indicating a Moderate valuation based on future cash flows.
- ROE Score: 1, rated Very Unfavorable for efficiency in generating profit from equity.
- ROA Score: 1, Very Unfavorable in asset utilization to generate earnings.
- Debt To Equity Score: 4, Favorable, showing relatively low financial risk from debt compared to equity.
- Overall Score: 2, Moderate overall financial standing.
ODD Rating
- Rating: B+, also classified as Very Favorable.
- Discounted Cash Flow Score: 4, considered Favorable for cash flow valuation.
- ROE Score: 5, rated Very Favorable for equity profit generation efficiency.
- ROA Score: 4, Favorable in effectively using assets to create earnings.
- Debt To Equity Score: 3, Moderate financial risk, slightly higher leverage than MDB.
- Overall Score: 3, Moderate, but higher than MDB’s overall score.
Which one is the best rated?
Based strictly on provided data, Oddity Tech Ltd. (ODD) is better rated overall, with a B+ rating and higher scores in Discounted Cash Flow, ROE, ROA, and Overall Score compared to MongoDB, Inc. (MDB). MDB shows strength only in Debt to Equity.
Scores Comparison
The following table presents a comparison of the Altman Z-Score and Piotroski Score for MongoDB and Oddity Tech:
MDB Scores
- Altman Z-Score: 30.24, indicating a position in the safe zone with very low bankruptcy risk.
- Piotroski Score: 4, categorized as average financial strength.
ODD Scores
- Altman Z-Score: 3.78, also in the safe zone, showing low bankruptcy risk.
- Piotroski Score: 6, indicating average financial strength, higher than MDB.
Which company has the best scores?
Both companies are in the Altman Z-Score safe zone, but MDB’s score is significantly higher. Oddity Tech has a stronger Piotroski Score (6 vs. 4), suggesting better financial health by that measure.
Grades Comparison
Here is a detailed comparison of recent grades assigned to MongoDB, Inc. and Oddity Tech Ltd. by recognized grading firms:
MongoDB, Inc. Grades
The following table summarizes recent grades for MongoDB, Inc. from various established grading companies:
| Grading Company | Action | New Grade | Date |
|---|---|---|---|
| Barclays | Maintain | Overweight | 2026-01-12 |
| Needham | Maintain | Buy | 2026-01-12 |
| Truist Securities | Maintain | Buy | 2026-01-07 |
| Needham | Maintain | Buy | 2026-01-06 |
| RBC Capital | Maintain | Outperform | 2026-01-05 |
| Argus Research | Maintain | Buy | 2025-12-04 |
| Goldman Sachs | Maintain | Buy | 2025-12-03 |
| Citigroup | Maintain | Buy | 2025-12-03 |
| Canaccord Genuity | Maintain | Buy | 2025-12-02 |
| Piper Sandler | Maintain | Overweight | 2025-12-02 |
Grades for MongoDB, Inc. consistently indicate a positive outlook, dominated by “Buy” and “Overweight” ratings from multiple reputable sources.
Oddity Tech Ltd. Grades
Presented below are the recent grades for Oddity Tech Ltd. from recognized grading institutions:
| Grading Company | Action | New Grade | Date |
|---|---|---|---|
| Keybanc | Maintain | Overweight | 2026-01-08 |
| JP Morgan | Maintain | Overweight | 2025-12-12 |
| JP Morgan | Maintain | Overweight | 2025-11-21 |
| Barclays | Maintain | Equal Weight | 2025-11-21 |
| Morgan Stanley | Maintain | Equal Weight | 2025-11-21 |
| Needham | Maintain | Buy | 2025-11-20 |
| Keybanc | Maintain | Overweight | 2025-10-08 |
| JMP Securities | Maintain | Market Outperform | 2025-09-23 |
| Morgan Stanley | Maintain | Equal Weight | 2025-08-06 |
| JMP Securities | Maintain | Market Outperform | 2025-08-05 |
Oddity Tech Ltd.’s grades show a predominantly positive stance, with several “Overweight” and “Market Outperform” ratings, complemented by some “Equal Weight” assessments.
Which company has the best grades?
Both MongoDB, Inc. and Oddity Tech Ltd. have received generally favorable grades, but MongoDB shows a stronger consensus with a higher number of “Buy” ratings from leading firms. This suggests a slightly more bullish analyst sentiment for MongoDB, which may influence investor confidence and portfolio decisions accordingly.
Strengths and Weaknesses
Below is a comparison of key strengths and weaknesses for MongoDB, Inc. (MDB) and Oddity Tech Ltd. (ODD), based on the latest financial and strategic data.
| Criterion | MongoDB, Inc. (MDB) | Oddity Tech Ltd. (ODD) |
|---|---|---|
| Diversification | Moderate: Strong subscription growth, but reliant on MongoDB Atlas segment | Limited data, but appears focused, with steady financials |
| Profitability | Weak: Negative net margin (-6.43%) and ROIC (-7.36%), value destroying | Strong: Positive net margin (15.69%), ROIC (28.56%), value creating |
| Innovation | Growing ROIC trend suggests improving innovation and efficiency | Durable competitive advantage with increasing profitability |
| Global presence | Expanding subscription base globally through Atlas platform | Likely smaller global footprint but stable operations |
| Market Share | Significant in database platform market but facing profitability challenges | Niche player with strong financial metrics and competitive moat |
Key takeaways: Oddity Tech Ltd. demonstrates a robust and favorable profitability profile with a durable competitive advantage, making it a value creator. MongoDB shows strong growth and innovation but is currently shedding value with negative profitability metrics, signaling caution for investors.
Risk Analysis
Below is a comparative table highlighting key risks for MongoDB, Inc. (MDB) and Oddity Tech Ltd. (ODD) based on the most recent data:
| Metric | MongoDB, Inc. (MDB) | Oddity Tech Ltd. (ODD) |
|---|---|---|
| Market Risk | Beta 1.38, moderate volatility | Beta 3.18, high volatility |
| Debt level | Very low debt (D/E 0.01), strong balance sheet | Low debt (D/E 0.08), manageable risk |
| Regulatory Risk | US tech sector regulations | Israeli and US cross-border compliance risks |
| Operational Risk | Negative net margin and ROE indicate operational challenges | Positive margins and returns reflect operational efficiency |
| Environmental Risk | Technology sector, moderate exposure | Consumer tech, limited environmental impact |
| Geopolitical Risk | US-based, lower geopolitical exposure | Exposure to Middle East tensions and global market fluctuations |
MongoDB faces operational and profitability risks with negative returns and unfavorable coverage ratios, despite low debt. Oddity Tech shows stronger financial health but carries higher market volatility and geopolitical risks due to its location and sector. Investors should weigh MongoDB’s operational challenges against Oddity Tech’s market sensitivity.
Which Stock to Choose?
MongoDB, Inc. (MDB) shows favorable income growth with a 19.22% revenue increase in 2025 and an overall positive income statement trend. However, its financial ratios reveal weaknesses in profitability and debt management, reflected in an unfavorable global ratios opinion and a slightly unfavorable MOAT status.
Oddity Tech Ltd. (ODD) demonstrates robust income evolution with a 27.2% revenue growth in 2024 and consistently favorable income statements. Its financial ratios are predominantly favorable, indicating strong profitability and efficient debt use, supported by a very favorable MOAT rating and solid overall financial health.
Investors seeking growth opportunities might find MDB’s improving income trends appealing despite its current profitability challenges. Conversely, those prioritizing financial stability and value creation could view ODD’s strong ratios and durable competitive advantage as more reassuring, depending on their risk tolerance and investment strategy.
Disclaimer: Investment carries a risk of loss of initial capital. The past performance is not a reliable indicator of future results. Be sure to understand risks before making an investment decision.
Go Further
I encourage you to read the complete analyses of MongoDB, Inc. and Oddity Tech Ltd. to enhance your investment decisions:
