Decoding 26 Analyst Evaluations For MongoDB
Portfolio Pulse from Benzinga Insights
In the past three months, 26 analysts have provided ratings for MongoDB (NASDAQ:MDB), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $447.46, down 4.42% from the previous $468.16. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their views on MongoDB's market position and financial health. MongoDB's financial indicators such as market capitalization, revenue growth, net margin, ROE, and ROA are highlighted as positive, with a debt-to-equity ratio below industry norms.
April 18, 2024 | 1:00 pm
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NEUTRAL IMPACT
26 analysts have provided varied ratings for MongoDB, with a recent shift to a lower average 12-month price target of $447.46, indicating a 4.42% decrease. MongoDB's financial health is strong, with significant revenue growth and solid profitability metrics.
The mixed analyst ratings and the slight decrease in the average price target suggest a cautious but not negative outlook for MongoDB. The company's strong financial health indicators, such as revenue growth and net margin, support a stable short-term impact on the stock price. However, the diverse analyst opinions and the adjustment in price targets introduce uncertainty, leading to a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100