Mdb stock price tracked sideways

MDB stock price tracked sideways, consolidating gains from last week’s rally. Market technicians view this as healthy stabilization before another potential leg up. Uncover how MongoDB's forecasts yield a $350.80 fair value , a 9% upside to its current price. Year to date, ORCL shares have gained 38.9%, while MDB shares have lost 11.2%. For MDB, the year-to-date plunge indicates that there is more upside left in the stock, whereas for ORCL, much of the demand and growth have already been priced in. MDB stock price trades near recent highs, supported by upbeat supply-chain indicators in the tech sector, which could foreshadow stronger earnings momentum for MongoDB.