# MongoDB, Inc. – Consensus ‘buy’ rating and 26.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/mongodb-inc.consensus-buy-rating-and-26.8-upside-potential/4121156583
- Published: 2024-05-14T13:56:14+01:00
- Author: Charlotte Edwards

**MongoDB, Inc.** with ticker code (MDB) have now 30 analysts in total covering 
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $700.00 and $272.00 with the average
target price sitting at $448.06. Now with the previous closing price of $353.47 
this indicates there is a potential upside of 26.8%. Also worth taking note is the
50 day moving average now sits at $362.64 and the 200 day MA is $382.29. The total
market capitalization for the company now stands at 26.16B. The current share price
for the company is: $359.24 USD

 The potential market cap would be $33,165,395,775 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 $23.62 and
a -5.35% 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.

Share on: