MongoDB – Consensus Indicates Potential 27.3% Upside

Broker Ratings
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MongoDB found using ticker (MDB) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 700 and 439 calculating the average target price we see 567.5. With the stocks previous close at 445.83 this is indicating there is a potential upside of 27.3%. The day 50 moving average is 450.14 and the 200 day moving average is 420.43. The market cap for the company is $29,113m. You can visit the company’s website by visiting: https://www.mongodb.com

The potential market cap would be $37,058m 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.

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