MongoDB found using ticker (MDB) have now 16 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 575 and 270 with a mean TP of 384.44. Given that the stocks previous close was at 298.89 this is indicating there is a potential upside of 28.6%. There is a 50 day moving average of 291.1 and the 200 day MA is 413.78. The market cap for the company is $18,960m. Visit the company website at: https://www.mongodb.com
The potential market cap would be $24,387m 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.
