MongoDB – Consensus Indicates Potential 55.3% Upside

Broker Ratings
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MongoDB found using ticker (MDB) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 700 and 439 and has a mean target at 567.5. Now with the previous closing price of 365.48 this would indicate that there is a potential upside of 55.3%. The day 50 moving average is 485.66 while the 200 day moving average is 413. The market capitalisation for the company is $23,468m. Visit the company website at: https://www.mongodb.com

The potential market cap would be $36,441m 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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