In a report released yesterday, Firoz Valliji from Bernstein maintained a Buy rating on MongoDB (MDB – Research Report), with a price target of $491.00. The company’s shares closed yesterday at $363.17.
According to TipRanks, Valliji is ranked #2998 out of 8742 analysts.
MongoDB has an analyst consensus of Moderate Buy, with a price target consensus of $438.27, representing a 20.68% upside. In a report released yesterday, Goldman Sachs also reiterated a Buy rating on the stock with a $440.00 price target.
MDB market cap is currently $27.19B and has a P/E ratio of -150.57.
Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MDB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
MongoDB (MDB) Company Description:
MongoDB, Inc. engages in the development and provision of a general purpose database platform. Its products include MongoDB Enterprise Advanced, MongoDB Atlas, and Community Server. It also offers professional services including consulting and training. The company was founded by Eliot Horowitz, Dwight A. Merriman, Kevin P. Ryan, and Geir Magnusson Jr. in 2007 and is headquartered in New York, NY.
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