Will MongoDB Be a Trillion-Dollar Stock by 2050?
(NASDAQ: MDB) has generated impressive gains since its IPO. The database management software maker went public at $24 a share in October 2017, and it now trades in the mid-$250s with a market cap of $19 billion.
It impressed investors with its rapid growth, rising gross margins, and exposure to the booming artificial intelligence (AI) market. But can it expand and evolve into a trillion-dollar company by 2050? Let's review its business model to find out.
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Source Fool.com
MongoDB Inc. Stock
€326.20
-0.650%
The stock is an absolute favorite of our community with 118 Buy predictions and no Sell predictions.
With a target price of 343 € there is a slightly positive potential of 5.15% for MongoDB Inc. compared to the current price of 326.2 €.
