12 Analysts Have This To Say About MongoDB
Portfolio Pulse from Benzinga Insights
MongoDB (NASDAQ:MDB) received mixed ratings from 12 analysts in the past three months, with an updated 12-month average price target of $460.0, reflecting a 6.56% increase from the previous target. Analysts' actions include maintaining, raising, and lowering ratings and price targets. MongoDB's financials show strong revenue growth and market capitalization, with a solid net margin and ROE, but a negative ROA. The company's debt-to-equity ratio is below industry average.
January 22, 2024 | 9:01 pm
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MongoDB received mixed analyst ratings with an updated average 12-month price target of $460, indicating a potential upside. Financials show strong revenue growth and profitability metrics, with a conservative debt approach.
The mixed analyst ratings with a higher average price target suggest optimism about MongoDB's future performance. The strong revenue growth and profitability metrics, along with a conservative debt approach, are likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100