# MongoDB, Inc. – Consensus ‘buy’ rating and 12.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/mongodb-inc.consensus-buy-rating-and-12.2-upside-potential/4121126365
- Published: 2023-08-30T11:23:06+01:00
- Author: Charlotte Edwards

**MongoDB, Inc.** with ticker code (MDB) have now 25 market analysts covering the
stock. The analyst consensus now points to a rating of ‘buy’. The target price High/
Low ranges between 490 and 220 calculating the average target price we see $397.64.
Given that the stocks previous close was at $354.32 this indicates there is a potential
upside of 12.2%. The 50 day moving average now sits at $389.38 and the 200 day MA
is $266.19. The market cap for the company is 25.93B. The stock price is currently
at: 367.38 USD

 The potential market cap would be $29,100,481,817 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 19.74 and
a -8.46% return on assets.

MongoDB, Inc. is a developer data platform company. Its developer data platform 
is an integrated set of databases and related services that allow development teams
to address the growing variety of modern application requirements. Its core offerings
are MongoDB Atlas and MongoDB Enterprise Advanced. MongoDB Atlas is its managed 
multi-cloud database-as-a-service offering that includes an integrated set of database
and related services. MongoDB Atlas provides customers with a managed offering that
includes automated provisioning and healing, comprehensive system monitoring, managed
backup and restore, default security and other features. MongoDB Enterprise Advanced
is its self-managed commercial offering for enterprise customers that can run in
the cloud, on-premises or in a hybrid environment. It provides professional services
to its customers, including consulting and training. It has over 40,800 customers
spanning a range of industries in more than 100 countries around the world.

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