MongoDB with ticker code (MDB) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 575 and 180 with the average target price sitting at 355.05. Given that the stocks previous close was at 203.31 this indicates there is a potential upside of 74.6%. The 50 day MA is 285.34 and the 200 day moving average is 338.69. The company has a market cap of $14,205m. Company Website: https://www.mongodb.com
The potential market cap would be $24,807m 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.
