Couchbase (BASE) to Release Earnings on Tuesday

Couchbase (NASDAQ:BASE - Get Free Report) will be posting its quarterly earnings results 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.Investors that are interested in participating in the company's conference call can do so using this link.

Couchbase (NASDAQ:BASE - Get Free Report) last released its quarterly earnings data on Wednesday, September 4th. The company reported ($0.06) earnings per share (EPS) 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 firm had revenue of $51.60 million for the quarter, compared to analyst estimates of $51.11 million. During the same quarter in the prior year, the company earned ($0.44) earnings per share. The business's revenue for the quarter was up 19.7% compared to the same quarter last year. 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 0.7 %

Shares of BASE stock traded down $0.14 during trading hours on Tuesday, hitting $20.50. 95,131 shares of the company's stock traded hands, compared to its average volume of 476,131. The stock's 50 day simple moving average is $16.72 and its 200 day simple moving average is $18.45. The stock has a market cap of $1.05 billion, a PE ratio of -12.98 and a beta of 0.59. Couchbase has a 12 month low of $13.53 and a 12 month high of $32.00.

Wall Street Analysts Forecast Growth

BASE has been the topic of a number of recent research reports. Needham & Company LLC reiterated a "buy" rating and set a $22.00 price target on shares of Couchbase in a research report on Thursday, September 5th. Barclays upped their price objective on Couchbase from $19.00 to $23.00 and gave the company an "overweight" rating in a research report on Friday, November 15th. Robert W. Baird cut their price objective on Couchbase from $32.00 to $27.00 and set an "outperform" rating for the company in a research note on Thursday, September 5th. Piper Sandler Companies initiated coverage on Couchbase in a research note on Friday, August 16th. They set an "overweight" rating and a $22.00 target price on the stock. Finally, Piper Sandler dropped their target price on shares of Couchbase from $22.00 to $21.00 and set an "overweight" rating for the company in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, Couchbase has a consensus rating of "Moderate Buy" and a consensus target price of $23.40.

Insiders Place Their Bets

In other news, Director Edward T. Anderson acquired 21,080 shares of Couchbase stock in a transaction on Thursday, September 19th. The stock was bought at an average price of $14.16 per share, for a total transaction of $298,492.80. Following the completion of the purchase, the director now owns 85,902 shares in the company, valued at $1,216,372.32. This represents a 32.52 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Huw Owen sold 6,736 shares of the company's stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $15.07, for a total transaction of $101,511.52. Following the completion of the transaction, the senior vice president now owns 373,647 shares in the company, valued at approximately $5,630,860.29. This trade represents a 1.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,448 shares of company stock valued at $180,742 over the last three months. Insiders own 16.10% 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.