MongoDB, Inc. – Consensus ‘Buy’ rating and 18.9% Upside Potential

Broker Ratings
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MongoDB, Inc. with ticker code (MDB) now have 24 confirmed 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 365 and 180 suggesting an average Analsyt target price of $253.12. Given that the stocks previous close was at $212.91 and the analysts are correct then there would likely be a percentage uptick in value of 18.9%. The 50 day moving average now sits at $217.94 and the 200 day moving average is $224.43. The company has a market cap of $16,684m. Visit the company website at: https://www.mongodb.com

The potential market cap would be $19,835m based on the market consensus.

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; 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, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.

The company is not paying dividends at this time.

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