MongoDB with ticker code (MDB) have now 16 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 650 and 325 calculating the average target price we see 473.63. With the stocks previous close at 269.55 this would imply there is a potential upside of 75.7%. There is a 50 day moving average of 304.19 and the 200 day moving average is 418.75. The company has a market capitalisation of $17,838m. You can visit the company’s website by visiting: https://www.mongodb.com
The potential market cap would be $31,344m 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.
