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Don’t Chase Growth With This Overvalued Tech Stock
Article By: David Trainer
Tuesday, July 7, 2020 12:00 PM EDT
Investors love a growth story, especially one that ties into common buzzwords such as “cloud” or the numerous different iterations of “as-a-service.”
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Cloud Stocks: MongoDB Soars Even In The Crisis
Article By: Sramana Mitra
Wednesday, June 10, 2020 11:02 AM EDT
Despite the turmoil, MongoDB continues to soar. MongoDB’s stock has climbed 53% since the start of the year.
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Cloud Stocks: MongoDB Has Miles To Go
Article By: Sramana Mitra
Monday, April 27, 2020 10:35 AM EDT
IDC projects the database market to be $71 billion in 2020, growing to $97 billion in 2023. MongoDB has less than 1% share of the global database market and a long runway for growth ahead of it.
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MongoDB Price Target Raised To $160 From $135 At Stifel
Article By: The Fly
Sunday, April 19, 2020 3:08 PM EDT
Stifel analyst Brad Reback raised the firm's price target on MongoDB to $160 from $135, and keeps a "Buy" rating on the shares. The stock closed Friday, April 17, up 21 cents to $154.19.
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Cloud Stocks: MongoDB Eyeing China With Alibaba Partnership
Article By: Sramana Mitra
Wednesday, December 11, 2019 10:26 AM EDT
The global cloud database market is estimated to grow from $7.63 billion this year to $19.8 billion by 2025. cloud database-as-a-service provider MongoDB announced its third quarter results that surpassed all market expectations.
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