MongoDB – Consensus Indicates Potential 88.1% Upside

Broker Ratings
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MongoDB with ticker code (MDB) now have 20 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 575 and 180 and has a mean target at 342.55. Now with the previous closing price of 182.1 this indicates there is a potential upside of 88.1%. There is a 50 day moving average of 194.63 while the 200 day moving average is 299.54. The company has a market cap of $12,002m. Company Website: https://www.mongodb.com

The potential market cap would be $22,578m 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.

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