MongoDB – Consensus Indicates Potential 23.6% Upside

Broker Ratings

MongoDB found using ticker (MDB) have now 24 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 365 and 205 calculating the average target price we see 258.87. With the stocks previous close at 209.52 this now indicates there is a potential upside of 23.6%. The day 50 moving average is 204.75 and the 200 day MA is 234.13. The company has a market capitalisation of $14,548m. Company Website:

The potential market cap would be $17,975m based on the market concensus.

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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.

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