MongoDB with ticker code (MDB) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 575 and 180 with a mean TP of 386.69. Given that the stocks previous close was at 326.26 this would indicate that there is a potential upside of 18.5%. The 50 day MA is 309.19 and the 200 day moving average is 378.83. The company has a market cap of $23,064m. Company Website: https://www.mongodb.com
The potential market cap would be $27,336m 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 comprising 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.
