MongoDB with ticker code (MDB) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 700 and 439 calculating the average target price we see 567.5. Now with the previous closing price of 281.74 this now indicates there is a potential upside of 101.4%. The 50 day MA is 409.85 and the 200 moving average now moves to 427.19. The company has a market cap of $22,302m. Company Website: https://www.mongodb.com
The potential market cap would be $44,921m based on the market concensus.
MongoDB provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services, such as consulting and training. The company was formerly known as 10gen and changed its name to MongoDB in August 2013. MongoDB was incorporated in 2007 and is headquartered in New York, New York.
