FY2025 Earnings Estimate for Couchbase, Inc. Issued By DA Davidson (NASDAQ:BASE)

Couchbase, Inc. (NASDAQ:BASE) – Investment analysts at DA Davidson reduced their FY2025 earnings per share (EPS) estimates for Couchbase in a note issued to investors on Thursday, September 5th. DA Davidson analyst R. Kessinger now forecasts that the company will earn ($1.49) per share for the year, down from their previous forecast of ($1.42). DA Davidson currently has a “Buy” rating and a $25.00 target price on the stock. The consensus estimate for Couchbase’s current full-year earnings is ($1.46) per share. DA Davidson also issued estimates for Couchbase’s FY2026 earnings at ($1.32) EPS.

A number of other equities analysts also recently weighed in on BASE. Morgan Stanley cut their target price on Couchbase from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 5th. The Goldman Sachs Group cut Couchbase from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $30.00 to $18.00 in a research report on Thursday, June 6th. Piper Sandler Companies started coverage on Couchbase in a research report on Friday, August 16th. They set an “overweight” rating and a $22.00 target price for the company. Needham & Company LLC reiterated a “buy” rating and set a $22.00 target price on shares of Couchbase in a research note on Thursday, September 5th. Finally, Barclays reduced their price target on shares of Couchbase from $20.00 to $19.00 and set an “equal weight” rating for the company in a research report on Thursday, September 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $22.93.

Couchbase Stock Performance

Shares of BASE stock opened at $14.96 on Monday. The company has a market capitalization of $767.75 million, a price-to-earnings ratio of -9.12 and a beta of 0.61. Couchbase has a 52-week low of $14.12 and a 52-week high of $32.00. The company has a 50-day simple moving average of $18.12 and a two-hundred day simple moving average of $22.09.

Couchbase (NASDAQ:BASE) last issued its quarterly earnings data on Wednesday, September 4th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.03. Couchbase had a negative return on equity of 54.84% and a negative net margin of 39.51%. The business had revenue of $51.60 million for the quarter, compared to analysts’ expectations of $51.11 million. During the same period last year, the business earned ($0.44) EPS. The business’s revenue was up 19.7% on a year-over-year basis.

Insider Activity at Couchbase

In other Couchbase news, CEO Matthew M. Cain sold 8,953 shares of the firm’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $20.01, for a total value of $179,149.53. Following the completion of the transaction, the chief executive officer now owns 776,437 shares in the company, valued at approximately $15,536,504.37. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Couchbase news, CEO Matthew M. Cain sold 8,953 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $20.01, for a total value of $179,149.53. Following the sale, the chief executive officer now directly owns 776,437 shares in the company, valued at approximately $15,536,504.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Margaret Chow sold 2,290 shares of the firm’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $20.00, for a total transaction of $45,800.00. Following the completion of the transaction, the senior vice president now directly owns 192,458 shares of the company’s stock, valued at $3,849,160. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,987 shares of company stock worth $668,568. 16.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Couchbase by 6.0% in the first quarter. Vanguard Group Inc. now owns 4,029,423 shares of the company’s stock valued at $106,014,000 after purchasing an additional 227,828 shares in the last quarter. EVR Research LP lifted its holdings in shares of Couchbase by 9.4% during the 2nd quarter. EVR Research LP now owns 2,081,585 shares of the company’s stock worth $38,010,000 after acquiring an additional 179,585 shares during the last quarter. Hood River Capital Management LLC lifted its holdings in shares of Couchbase by 7.8% during the 2nd quarter. Hood River Capital Management LLC now owns 1,629,893 shares of the company’s stock worth $29,762,000 after acquiring an additional 118,372 shares during the last quarter. Pembroke Management LTD grew its position in Couchbase by 18.1% in the second quarter. Pembroke Management LTD now owns 809,876 shares of the company’s stock worth $14,788,000 after acquiring an additional 123,927 shares in the last quarter. Finally, Lord Abbett & CO. LLC bought a new position in Couchbase in the first quarter valued at $9,059,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Couchbase Company Profile

Couchbase, Inc provides cloud database platform for enterprise applications in the United States and internationally. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers Couchbase Capella, an automated and secure Database-as-a-Service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments; and Couchbase Server, a multi-service NoSQL database, which provides SQL-compatible query language and SQL++ that allows for a various array of data manipulation functions.