Couchbase (BASE) Set to Announce Earnings on Tuesday

Couchbase (NASDAQ:BASE) is scheduled to post its quarterly earnings results after the market closes on Tuesday, December 3rd. Analysts expect Couchbase to post 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 posted 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 firm 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 earned ($0.44) EPS. On average, analysts expect Couchbase to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Couchbase Stock Performance

Shares of BASE opened at $20.51 on Monday. The company’s 50-day simple moving average is $17.24 and its 200-day simple moving average is $18.35. Couchbase has a 1 year low of $13.53 and a 1 year high of $32.00. The stock has a market capitalization of $1.05 billion, a PE ratio of -12.90 and a beta of 0.59.

Insider Buying and Selling at Couchbase

In related news, Director Edward T. Anderson purchased 21,080 shares of Couchbase stock in a transaction dated Thursday, September 19th. The stock was bought at an average cost of $14.16 per share, for a total transaction of $298,492.80. Following the transaction, the director now owns 85,902 shares in the company, valued at approximately $1,216,372.32. The trade was a 32.52 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Huw Owen sold 6,736 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $15.07, for a total value of $101,511.52. Following the sale, the senior vice president now directly owns 373,647 shares in the company, valued at $5,630,860.29. This trade represents a 1.77 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,448 shares of company stock valued at $180,742. 16.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

BASE has been the topic of several analyst reports. Morgan Stanley reduced their target price on shares of Couchbase from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Thursday, September 5th. Barclays raised their price objective on shares of Couchbase from $19.00 to $23.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Oppenheimer lowered their target price on shares of Couchbase from $25.00 to $23.00 and set an “outperform” rating for the company in a research note on Thursday, September 5th. Wedbush began coverage on Couchbase in a research report on Thursday, October 17th. They set an “outperform” rating and a $26.00 price objective for the company. Finally, Wells Fargo & Company cut their target price on Couchbase from $30.00 to $23.00 and set an “overweight” rating on the stock in a research report on Thursday, September 5th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.