Wedbush Weighs in on Couchbase’s Q1 Earnings (NASDAQ:BASE)

Couchbase, Inc. (NASDAQ:BASE) – Stock analysts at Wedbush issued their Q1 2027 earnings per share (EPS) estimates for shares of Couchbase in a note issued to investors on Wednesday, February 26th. Wedbush analyst D. Ives forecasts that the company will post earnings per share of ($0.31) for the quarter. The consensus estimate for Couchbase’s current full-year earnings is ($1.48) per share. Wedbush also issued estimates for Couchbase’s Q2 2027 earnings at ($0.32) EPS.

Other equities research analysts have also issued research reports about the stock. Truist Financial initiated coverage on shares of Couchbase in a research note on Thursday, December 12th. They issued a “buy” rating and a $21.00 price target on the stock. Needham & Company LLC restated a “buy” rating and issued a $22.00 target price on shares of Couchbase in a research report on Wednesday. Wells Fargo & Company reduced their price target on Couchbase from $23.00 to $20.00 and set an “overweight” rating for the company in a research report on Wednesday. DA Davidson reissued a “buy” rating and set a $25.00 price target on shares of Couchbase in a report on Wednesday, December 4th. Finally, The Goldman Sachs Group cut their price objective on shares of Couchbase from $18.00 to $16.00 and set a “sell” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, Couchbase currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.19.

Couchbase Stock Up 0.7 %

Shares of NASDAQ:BASE opened at $17.65 on Friday. The company’s 50-day moving average price is $17.05 and its 200 day moving average price is $17.03. The company has a market cap of $923.94 million, a PE ratio of -11.03 and a beta of 0.81. Couchbase has a fifty-two week low of $13.53 and a fifty-two week high of $32.00.

Couchbase (NASDAQ:BASE) last announced its quarterly earnings results on Tuesday, February 25th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.22). The company had revenue of $54.92 million during the quarter, compared to the consensus estimate of $53.25 million. Couchbase had a negative return on equity of 57.22% and a negative net margin of 39.31%.

Insider Buying and Selling at Couchbase

In related news, CFO Gregory N. Henry sold 3,853 shares of Couchbase stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $15.14, for a total value of $58,334.42. Following the transaction, the chief financial officer now owns 336,679 shares of the company’s stock, valued at approximately $5,097,320.06. This trade represents a 1.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Margaret Chow sold 15,000 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $18.31, for a total transaction of $274,650.00. Following the sale, the senior vice president now directly owns 133,067 shares of the company’s stock, valued at $2,436,456.77. This represents a 10.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 54,883 shares of company stock valued at $950,915. Corporate insiders own 16.10% of the company’s stock.

Institutional Trading of Couchbase

Several large investors have recently added to or reduced their stakes in the company. Quarry LP purchased a new position in shares of Couchbase during the fourth quarter valued at $35,000. Daiwa Securities Group Inc. boosted its position in Couchbase by 22.2% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,181 shares of the company’s stock worth $65,000 after acquiring an additional 759 shares during the period. Summit Investment Advisors Inc. boosted its position in Couchbase by 24.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 4,161 shares of the company’s stock worth $65,000 after acquiring an additional 807 shares during the period. Harbor Capital Advisors Inc. grew its stake in Couchbase by 15.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 6,968 shares of the company’s stock valued at $112,000 after acquiring an additional 956 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Couchbase in the 4th quarter valued at about $112,000. 96.07% of the stock is owned by institutional investors and hedge funds.

About Couchbase

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.