|Bid||0.00 x 1200|
|Ask||0.00 x 1100|
|Day's Range||185.51 - 200.82|
|52 Week Range||185.51 - 590.00|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 05, 2022 - Dec 09, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||365.28|
Does the October share price for MongoDB, Inc. ( NASDAQ:MDB ) reflect what it's really worth? Today, we will estimate...
The bears are running rampant on Wall Street. Of the 43 analysts surveyed by Refinitiv that cover Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), 38 of them rate the tech stock as a buy or strong buy. It's not surprising, therefore, that Wall Street's consensus 12-month price target reflects a 47% upside potential.
Shares of MongoDB (NASDAQ: MDB) were moving higher Friday after the cloud software stock received a bullish analyst note from Truist. Truist analyst Miller Jump initiated coverage on MongoDB Friday morning with a buy rating and a price target of $300, implying an upside of more than 50% from the stock's closing price Thursday. Jump argued that the provider of NoSQL database software is at the crossroads of several converging database markets, and said Wall Street was underestimating its revenue growth potential over the next decade.