Couchbase, Inc. provides a database for enterprise applications worldwide. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge.
Couchbase stock last closed at $22.23, up 0.14% from the previous day, and has increased 58.11% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.55 percentage points. Couchbase stock is currently +118.16% from its 52-week low of $10.19, and -1.2% from its 52-week high of $22.50.
There are currently 45.61M BASE shares outstanding. The market cap of BASE is $1.01B. In the past 24 hours, 1.65M BASE shares were traded.
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After you have selected the best place to buy Couchbase stock, it's very important to research their stock before you invest, so you actually comprehend the risk and opportunity.
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on BASE's stock page.
You can use many financial metrics, analyses, models, and charts to gauge BASE's fair value.
Using relative valuations measures:
You can access additional valuation analysis on BASE's stock here.
Out of 8 Equities analysts who give recommendations on BASE, the consensus analyst rating on BASE is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Matthew Hedberg, a top 6% analyst from RBC Capital maintains BASE with a buy rating and raises their BASE price target from $20.00 to $25.00, on Jun 5, 2023.
Brad Reback, a top 10% analyst from Stifel Nicolaus maintains BASE with a strong buy rating and raises their BASE price target from $17.00 to $19.00, on Mar 8, 2023.
Maintaining his Strong Buy rating, Reback raised his price target on Couchbase, Inc. by 11.8% following the release of the company's Q4 and FY 2023 earnings report on 2023/03/07.
"Solid" was the analyst's assessment of the company's Q4 results.
Management's FY 2024 revenue guidance missed sell-side estimates, Reback reported, which was attributed to "a more challenging macro environment, longer sales cycles, increased deal scrutiny, and compressing contract terms," all of which resulted in "an enhanced level of conservatism" in the projections.
However, longer term, the ongoing shift in database spending towards next-generation NoSQL technologies and Capella momentum position Couchbase to sustain mid-teens ARR growth with increasing profitability, the analyst said.
The stock has gained 23.5% YTD against the S&P 500's 5.4% gain.
For Q4 2023:
For FY 2023:
For Q1 2024:
For FY 2024:
Chair, President & CEO Matt Cain commented: "We delivered another strong quarter of sustained growth along with substantial operational progress in fiscal 2023.
"As we begin FY2024, we remain sharply focused on delivering top-line growth, increasing Capella adoption, driving further sales and marketing efficiency, and improving profitability."
Rob Oliver, a top 13% analyst from Baird maintains BASE with a buy rating and raises their BASE price target from $18.00 to $20.00, on Mar 8, 2023.
Howard Ma, a top 29% analyst from Guggenheim reiterates BASE with a strong buy rating and maintains their BASE price target from $20.00 to $20.00, on Mar 8, 2023.
Sanjit Singh, a bottom 6% analyst from Morgan Stanley maintains BASE with a hold rating and raises their BASE price target from $18.00 to $19.00, on Mar 8, 2023.
You can dig deeper into what analysts are forecasting on the Couchbase stock forecast page.
Last year, BASE revenue was $154.82M. Over the past three year, BASE's revenue has increased by 95.69% per year. This was faster than the Software - Infrastructure industry average of 17.85%.
Dig into BASE's earnings and revenue performance here.
Over the last year, executives and large shareholders at BASE have sold more shares than they have bought.
Margaret Chow, SVP Chief Legal Officer of BASE, was the latest BASE insider to sell. They sold $23,942.20 worth of BASE stock on Jun 1, 2023.
Research more about who owns BASE shares here.
No, Couchbase doesn't provide an income stream by paying out dividends.
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