MongoDB – Consensus Indicates Potential 21.6% Upside

Broker Ratings

MongoDB with ticker code (MDB) now have 24 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 365 and 180 and has a mean target at $248.91. Given that the stocks previous close was at $204.68 this would imply there is now a potential upside of 21.6%. There is a 50 day moving average of $207.97 while the 200 day moving average is $232.35. The total market capitalization for the company now stands at $14,829m. Visit the company website at:

The potential market cap would be $18,034m based on the market consensus.

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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.

The company is not paying dividends at this time.

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