MongoDB – Consensus Indicates Potential 35.3% Upside

Broker Ratings
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MongoDB found using ticker (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 with the average target price sitting at 567.5. With the stocks previous close at 419.43 this would imply there is a potential upside of 35.3%. There is a 50 day moving average of 454.49 while the 200 day moving average is 417.05. The market capitalisation for the company is $29,483m. Company Website: https://www.mongodb.com

The potential market cap would be $39,891m 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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