MongoDB – Consensus Indicates Potential 20.2% Upside

Broker Ratings

MongoDB found using ticker (MDB) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 445 and 300 calculating the average target price we see 382.33. Now with the previous closing price of 318.01 this would imply there is a potential upside of 20.2%. The 50 day MA is 332.01 and the 200 day moving average is 309.63. The company has a market capitalisation of $19,359m. Company Website: http://www.mongodb.com

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, such as 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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