MongoDB with ticker code (MDB) now have 19 analysts covering the stock. The analyst consensus points to 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 357.95. Now with the previous closing price of 194.44 this would imply there is a potential upside of 84.1%. The 50 day moving average now sits at 295.15 and the 200 day moving average is 346.03. The company has a market capitalisation of $13,831m. Find out more information at: https://www.mongodb.com
The potential market cap would be $25,463m 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.
