MongoDB – Consensus Indicates Potential 32.6% Upside

Broker Ratings
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MongoDB found using ticker (MDB) now have 21 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 575 and 170 calculating the mean target price we have 273.14. Given that the stocks previous close was at 206.06 this indicates there is a potential upside of 32.6%. The 50 day MA is 172.96 and the 200 day moving average is 275.66. The market capitalisation for the company is $14,595m. You can visit the company’s website by visiting: https://www.mongodb.com

The potential market cap would be $19,346m 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.

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