# MongoDB, Inc. – Consensus ‘buy’ rating and 22.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/mongodb-inc.consensus-buy-rating-and-22.2-upside-potential/4121127946
- Published: 2023-09-20T15:22:31+01:00
- Author: Charlotte Edwards

**MongoDB, Inc.** with ticker code (MDB) have now 23 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between 500 and 250 with the average target price sitting at $435.78.
Given that the stocks previous close was at $356.54 this now indicates there is 
a potential upside of 22.2%. The 50 day MA is $384.32 while the 200 day moving average
is $281.40. The company has a market capitalization of 25.37B. The stock price for
the company is currently is currently 355.61 USD

 The potential market cap would be $31,009,450,810 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 21.28 and
a -6.7% 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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