Group 1 - MongoDB (MDB) closed at $213.03, with an 8.7% gain over the past four weeks, and a mean price target of $280.88 indicating a 31.9% upside potential [1] - The average price target consists of 33 estimates ranging from a low of $170 to a high of $430, with a standard deviation of $54.30, suggesting variability in analyst predictions [2] - Analysts show strong agreement on MDB's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 14.4% over the past month, with 10 estimates revised higher and no negative revisions [12] - MDB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for price movement [13]
Wall Street Analysts Think MongoDB (MDB) Could Surge 31.85%: Read This Before Placing a Bet