How to Buy Couchbase Stock
Couchbase Inc
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 $22.90, down 2.64% from the previous day, and has increased 36.63% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.25 percentage points. Couchbase stock is currently +63.92% from its 52-week low of $13.97, and -28.44% from its 52-week high of $32.00.
There are currently 49.26M BASE shares outstanding. The market cap of BASE is $1.13B. In the past 24 hours, 476,107 BASE shares were traded.
How to Buy Couchbase Stock
Not sure how to invest in Couchbase stock? Here's how.
- Decide where to buy Couchbase stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Couchbase stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your info.
- Evaluate Couchbase stock: The Couchbase ticker symbol is BASE. Is Couchbase stock a good investment? Should you buy shares of BASE? How do BASE's underlying business fundamentals look? Do top analysts think Couchbase is a good buy? Why has BASE's stock price moved recently? (Hint: Our stock market analysis website can help you decide if BASE is a good stock to buy).
- Make your BASE trade: Decide if you will purchase BASE shares at the current market price or use a limit order to purchase BASE stock at a specific price.
- Get notifications regarding your BASE investment: Create a watchlist to track your investment in Couchbase stock.
Step 1: Decide where to buy Couchbase stock
You will need a brokerage account to access the NASDAQ market and buy BASE shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to buy BASE today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on the best stock broker app, you need to deposit funds:
Check out this video walkthrough for more details transferring funds into your new brokerage account.
Step 4: Evaluate Couchbase stock
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.
Couchbase Metrics
Couchbase Overview
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.
Is BASE stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge BASE's fair value.
Using relative valuations measures:
- BASE could be undervalued based on its P/B ratio of 8.65x, relative to Software - Infrastructure industry P/B ratio of 11.48x
You can access additional valuation analysis on BASE's stock here.
How do BASE Financials look?
Signs that BASE is financially healthy:
- BASE has $153.63M in cash and short term investments. This is sufficient to cover its annual cash burn of $31.60M.
- There are more short-term assets than short-term liabilities on the BASE balance sheet.
- There are more short-term assets than long-term liabilities on the BASE balance sheet.
- BASE has cash burn of 31603000. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that BASE is not financially healthy:
- BASE has a relatively high debt to equity ratio of 0.9.
- BASE profit margin has gone down from -44.2% to -44.5% in the past year.
Is it a good time to buy Couchbase stock, according to Wall Street analysts?
Out of 10 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.
Most Recent BASE Analyst Recommendations
Rob Oliver, a top 13% analyst from Baird maintains BASE with a buy rating and raises their BASE price target from $28.00 to $35.00, on Mar 6, 2024.
Raimo Lenschow, a top 1% analyst from Barclays maintains BASE with a hold rating and raises their BASE price target from $29.00 to $33.00, on Mar 6, 2024.
Howard Ma, a top 24% analyst from Guggenheim maintains BASE with a strong buy rating and raises their BASE price target from $27.00 to $32.00, on Mar 6, 2024.
Andrew Nowinski, a top 13% analyst from Wells Fargo maintains BASE with a strong buy rating and raises their BASE price target from $34.00 to $37.00, on Mar 6, 2024.
Wells Fargo's Andrew Nowinski raised their price target on Couchbase (NASDAQ: BASE) by 8.8% from $34 to $37 on 2024/03/06. The analyst maintained their Strong Buy rating on the stock.
Nowinski said regarding Couchbase's Q4 and FY 2024 earnings, reported on 2024/03/05, that "the company continues to deliver solid results and is well-positioned as a strong alternative in the Gen AI market."
The analyst added that Wells Fargo remains bullish on the company's long-term prospects, pointing to "ARR growing 25% Y/Y and a valuation of 6x EV/2025 sales."
Earnings Report
Couchbase reported:
For Q4 2024:
- Loss per share of $0.06, which beat the Zacks Consensus Estimate of $(0.14) and, by 66.7%, Q4 20233's $(0.18).
- Revenue of $50.1M, which beat the Zacks Consensus Estimate of $46.56M and, by 20.4%, Q4 2023's $41.6M.
- Total AAR (Annual Recurring Revenue) of $204.2M, up 25% Y/Y.
For FY 2024:
- Loss per share of $0.57, up 36.7% from FY 2024's $(0.90).
- Revenue of $180M, up 16.3% from FY 2023's $154.8M.
Management guided:
For Q1 2025:
- Revenue of $48.1M to $48.9M.
- ARR of $206.5M to $209.5M.
- Operating Loss of $8.5M to 7.5M.
For FY 2025:
- Revenue of $203M to 207M.
- ARR of $235.5M to $240.5M.
- Operating loss of $27.5M to $22.5M.
Chair, President & CEO Matt Cain commented: "We finished fiscal 2024 on a strong note, highlighted by 25% ARR growth, and marking a historical year for Couchbase.
"In addition to delivering results that exceeded the high end of our guidance range on all metrics, we achieved an important milestone with Capella, which now represents 11% of our ARR and over 25% of our customer base.
"As we look ahead towards fiscal 2025, I'm confident that we have the differentiated platform and operational rigor to achieve our next phase of growth."
Sanjit Singh, a bottom 9% analyst from Morgan Stanley maintains BASE with a hold rating and raises their BASE price target from $20.00 to $21.00, on Dec 7, 2023.
You can dig deeper into what analysts are forecasting on the Couchbase stock forecast page.
Metrics for Advanced BASE Traders
BASE Performance Metrics
Last year, BASE revenue was $180.04M. Over the past four year, BASE's revenue has increased by 21.53% per year. This was faster than the Software - Infrastructure industry average of 16.98%.
Dig into BASE's earnings and revenue performance here.
What are BASE executives and large shareholders up to?
Over the last year, executives and large shareholders at BASE have sold more shares than they have bought.
Matthew M. Cain, Chair President and CEO of BASE, was the latest BASE insider to sell. They sold $2,472.00 worth of BASE stock on Apr 15, 2024.
Research more about who owns BASE shares here.
Does BASE stock generate passive income?
No, Couchbase doesn't provide an income stream by paying out dividends.
What do other traders have to say about BASE?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your BASE trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, use a limit order.
Click the Open button and eToro will place the order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your BASE investment
Now that you own some BASE shares, you'll want to stay up-to-date on your new shares.
Make a watchlist to get notified of the latest news about your BASE stock.
BASE Feed
How to Buy Stock in Couchbase
To reiterate, here are the 6 steps for buying Couchbase stock:
- Decide where to buy Couchbase stock
- Open a brokerage account
- Fund your investment account
- Evaluate Couchbase stock
- Make your BASE trade
- Get notifications regarding your BASE investment
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Couchbase, add BASE to your watchlist below.
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