Posted on mongodb google news. Visit mongodb google news

Key Takeaways:

• Loop Capital downgrades MongoDB from Buy to Hold, highlighting integration concerns.
• Analyst consensus shows a significant potential upside for MongoDB shares.
• GuruFocus estimates a 132.81% upside based on its GF Value calculation.

In a recent shift, Loop Capital has adjusted its stance on MongoDB (MDB, Financial), downgrading the stock from Buy to Hold while cutting the price target significantly to $190 from its previous $350. Analyst Yun Kim points to slower-than-expected integration of AI technologies and challenges in the adoption of the Atlas platform as critical factors that may hinder substantial growth, particularly among large-scale enterprise clients.

Wall Street Analysts’ Insights

The broader analyst community maintains a positive outlook for MongoDB. According to the evaluations provided by 34 analysts over the next year, the average target price for MongoDB Inc (MDB, Financial) stands at $273.14. This forecast includes a high estimate reaching $520.00 and a lower marker at $160.00. The average price target denotes a notable 44.99% upside from the current share price of $188.39. Further insights and detailed data can be accessed through the MongoDB Inc (MDB) Forecast page.

The overall sentiment among 37 brokerage firms aligns with an “Outperform” rating for MongoDB, reflected in an average brokerage recommendation score of 2.0 on a scale where 1 represents a Strong Buy and 5 indicates a Sell.

Exploring GuruFocus’ GF Value Estimate

Utilizing comprehensive evaluation metrics, GuruFocus estimates MongoDB’s GF Value at $438.57 in the next year, which signifies a potential upside of 132.81% from the current price point of $188.385. The GF Value is an insightful metric representing the fair trading value of the stock, calculated based on historical trading multiples, past business growth, and future business performance projections. Investors interested in a more detailed assessment can explore the data available on the MongoDB Inc (MDB, Financial) Summary page.

Article originally posted on mongodb google news. Visit mongodb google news