|Bid||505.79 x 1000|
|Ask||510.78 x 900|
|Day's Range||484.29 - 515.50|
|52 Week Range||219.51 - 518.34|
|Beta (5Y Monthly)||0.72|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 06, 2021 - Dec 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||479.54|
Shares of database company MongoDB (NASDAQ: MDB) soared earlier this month following a second-quarter report that blew away expectations. The database market is moving to the cloud, and MongoDB is angling to be the provider of choice. Here are five things investors need to know about this innovative database company.
The relational database, which stores data in neat rows and columns, has been the standard for decades. NoSQL databases, which usually store data in flexible documents, have emerged as a compelling alternative. Given the success of NoSQL pioneer MongoDB (NASDAQ: MDB), which is now worth around $32 billion following a blockbuster quarterly report, betting on smaller NoSQL database companies could make sense for investors convinced that NoSQL is the future.
MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced that it will present at two upcoming conferences: the Piper Sandler Global Technology Conference and the Citi 2021 Global Technology Conference.