MongoDB found using ticker (MDB) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 630 and 270 calculating the mean target price we have 387.88. Given that the stocks previous close was at 241 this would imply there is a potential upside of 60.9%. There is a 50 day moving average of 314.81 and the 200 day MA is 420.92. The market cap for the company is $17,323m. Company Website: https://www.mongodb.com
The potential market cap would be $27,881m 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.
