MongoDB – Consensus Indicates Potential 37.0% Upside

Broker Ratings
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MongoDB found using ticker (MDB) have now 18 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 180 with a mean TP of 365.28. Now with the previous closing price of 266.7 this indicates there is a potential upside of 37.0%. There is a 50 day moving average of 272.68 and the 200 moving average now moves to 394.67. The market capitalisation for the company is $19,748m. You can visit the company’s website by visiting: https://www.mongodb.com

The potential market cap would be $27,047m 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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