Couchbase Inc Stock News

SANTA CLARA, Calif. , Nov. 12, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced that it will report financial results for its third quarter ended October 31, 2024 on Tuesday, December 3, 2024 after market close.

SANTA CLARA, Calif. , Nov. 12, 2024 /PRNewswire/ --  Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced that Company management will participate in upcoming investor conferences.

I'm initiating Couchbase at a Buy rating as the stock's ~20% YTD fall has dropped the company's market cap below $1 billion. The stock is also trading at ~3x forward revenue, well below of its direct competitor MongoDB (which is trading at more than 9x revenue). The company's new fully managed solution, Couchbase Capella, is helping to drive new customers to the platform.

Shares of Couchbase (BASE, Financial) saw a boost today, rising 4.2% following a rating upgrade by Barclays analyst Raimo Lenschow. The analyst upgraded the stock from Equal-weight to Overweight, setting a price target of $19, indicating a potential 24% increase.

Couchbase beat sales and earnings expectations in its fiscal second quarter. It also issued an upward revision for its full-year sales guidance range.

I maintain a hold rating for Couchbase Inc. (BASE) due to concerns about achieving its FY25 ARR growth target amidst a challenging macro environment. 2Q25 results showed decelerating growth with revenue up 19.6%, down from 25.2% in 1Q25, but solid EBIT margin improvement from -13% to -7.9%. BASE must deliver strong 4Q25 ARR growth to meet FY25 guidance; failure could lead to a sharp share price...

Couchbase, Inc. (NASDAQ:BASE ) Q2 2025 Earnings Call Transcript September 4, 2024 4:30 PM ET Company Participants Edward Parker - ICR, Inc. Matt Cain - Chairman, President and Chief Executive Officer Greg Henry - Senior Vice President and Chief Financial Officer Conference Call Participants Matthew Hedberg - RBC Capital Markets Kasthuri Rangan - Goldman Sachs Group, Inc. Brent Bracelin - Piper ...

SANTA CLARA, Calif. , Sept. 4, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced financial results for its second quarter ended July 31, 2024.