MongoDB with ticker code (MDB) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 700 and 439 and has a mean target at 567.5. With the stocks previous close at 411.15 this now indicates there is a potential upside of 38.0%. The day 50 moving average is 466.48 while the 200 day moving average is 414.66. The market capitalisation for the company is $26,562m. You can visit the company’s website by visiting: https://www.mongodb.com
The potential market cap would be $36,662m 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.
