MongoDB, Inc. with ticker code (MDB) have now 23 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 170 with a mean TP of 255.34. Now with the previous closing price of 228.81 this is indicating there is a potential upside of 11.6%. There is a 50 day moving average of 199.03 and the 200 day MA is 238.41. The company has a market cap of $16,180m. Visit the company website at: https://www.mongodb.com
The potential market cap would be $18,056m based on the market concensus.
MongoDB, Inc. 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, 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.