Couchbase (BASE) Set to Announce Earnings on Tuesday

Couchbase (NASDAQ:BASE) will be issuing its quarterly earnings data after the market closes on Tuesday, December 3rd. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Couchbase has set its FY 2025 guidance at EPS and its Q3 2025 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Couchbase (NASDAQ:BASE) last released its earnings results on Wednesday, September 4th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.03. The business had revenue of $51.60 million for the quarter, compared to analyst estimates of $51.11 million. Couchbase had a negative return on equity of 54.84% and a negative net margin of 39.51%. Couchbase’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.44) earnings per share. On average, analysts expect Couchbase to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Couchbase Stock Down 1.4 %

NASDAQ:BASE opened at $20.64 on Tuesday. Couchbase has a twelve month low of $13.53 and a twelve month high of $32.00. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of -12.98 and a beta of 0.59. The stock’s 50 day moving average price is $16.72 and its two-hundred day moving average price is $18.45.

Insider Buying and Selling at Couchbase

In other news, SVP Huw Owen sold 6,736 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $15.07, for a total value of $101,511.52. Following the completion of the transaction, the senior vice president now directly owns 373,647 shares in the company, valued at approximately $5,630,860.29. The trade was a 1.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Edward T. Anderson purchased 21,080 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were purchased at an average cost of $14.16 per share, with a total value of $298,492.80. Following the acquisition, the director now owns 85,902 shares in the company, valued at $1,216,372.32. This trade represents a 32.52 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 11,448 shares of company stock valued at $180,742 in the last quarter. Company insiders own 16.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Morgan Stanley dropped their price target on shares of Couchbase from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 5th. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 target price on shares of Couchbase in a research note on Thursday, September 5th. Robert W. Baird reduced their price target on Couchbase from $32.00 to $27.00 and set an “outperform” rating for the company in a report on Thursday, September 5th. Wedbush assumed coverage on Couchbase in a research note on Thursday, October 17th. They issued an “outperform” rating and a $26.00 price objective on the stock. Finally, Piper Sandler reduced their target price on Couchbase from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Thursday, September 5th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.40.

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.