Is MongoDB Stock a Buy Now?

Shares of database company (NASDAQ: MDB) were once a highflier, exceeding $500 earlier this year. But that changed after the company announced results for its fiscal first quarter, ended April 30.

Management noted a slowdown in revenue growth and reduced its guidance for the current fiscal year. MongoDB stock promptly plunged, eventually reaching a 52-week low of $212.74 in August.

But on Aug. 29, the company reported results for its fiscal second quarter, ended July 31, and after that, shares began climbing.

Source Fool.com

MongoDB Inc. Aktie

MongoDB Inc. kann heute Zuwächse vorweisen. Die Aktie notiert im Vergleich zu gestern um 1,73 % höher.
Die Community bevorzugt MongoDB Inc., mit deutlich mehr Buy- (129) als Sell-Einschätzungen (2).
Für MongoDB Inc. sieht die Community ein leicht positives Kursziel von 339 €, verglichen mit dem aktuellen Kurs von 297.6 €.

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