MongoDB – Consensus Indicates Potential 5.3% Upside

Broker Ratings

MongoDB with ticker code (MDB) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 500 and 275 calculating the average target price we see 400.18. Now with the previous closing price of 380 this indicates there is a potential upside of 5.3%. There is a 50 day moving average of 386.94 and the 200 moving average now moves to 292.2. The market cap for the company is $23,259m. Company Website: http://www.mongodb.com

MongoDB operates as a general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a subscription package 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 founded in 2007 and is headquartered in New York, New York.

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