Wedbush Estimates Couchbase’s Q1 Earnings (NASDAQ:BASE)

Couchbase, Inc. (NASDAQ:BASE) – Equities research analysts at Wedbush issued their Q1 2027 earnings estimates for Couchbase in a note issued to investors on Wednesday, February 26th. Wedbush analyst D. Ives anticipates that the company will post earnings of ($0.31) per share 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.

Several other analysts have also recently commented on BASE. UBS Group lowered their target price on Couchbase from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Wednesday. Stifel Nicolaus upped their price objective on shares of Couchbase from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Robert W. Baird lowered their price target on Couchbase from $27.00 to $25.00 and set an “outperform” rating for the company in a research note on Wednesday, December 4th. Truist Financial assumed coverage on Couchbase in a research note on Thursday, December 12th. They set a “buy” rating and a $21.00 price target for the company. Finally, Morgan Stanley cut their target price on shares of Couchbase from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $22.19.

Couchbase Trading Down 4.0 %

Shares of BASE opened at $17.53 on Friday. Couchbase has a 52 week low of $13.53 and a 52 week high of $32.00. The stock has a 50 day moving average of $17.01 and a 200-day moving average of $17.03. The firm has a market cap of $917.66 million, a price-to-earnings ratio of -10.96 and a beta of 0.81.

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

Insiders Place Their Bets

In other news, SVP Huw Owen sold 7,575 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $15.22, for a total value of $115,291.50. Following the sale, the senior vice president now directly owns 341,709 shares in the company, valued at approximately $5,200,810.98. This trade represents a 2.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Margaret Chow sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $18.31, for a total value of $274,650.00. Following the completion of the transaction, the senior vice president now directly owns 133,067 shares of the company’s stock, valued at $2,436,456.77. The trade was 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 sold 54,883 shares of company stock worth $950,915. 16.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Couchbase

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Couchbase by 3.3% during the 4th quarter. Vanguard Group Inc. now owns 5,126,087 shares of the company’s stock worth $79,916,000 after purchasing an additional 164,563 shares during the period. Hood River Capital Management LLC lifted its holdings in Couchbase by 38.2% in the fourth quarter. Hood River Capital Management LLC now owns 2,738,468 shares of the company’s stock worth $42,693,000 after purchasing an additional 756,394 shares during the period. EVR Research LP lifted its holdings in shares of Couchbase by 2.0% in the fourth quarter. EVR Research LP now owns 2,590,000 shares of the company’s stock valued at $40,378,000 after buying an additional 50,000 shares during the period. Franklin Resources Inc. grew its position in Couchbase by 26.8% in the fourth quarter. Franklin Resources Inc. now owns 2,089,104 shares of the company’s stock worth $32,569,000 after buying an additional 441,770 shares during the last quarter. Finally, Wasatch Advisors LP raised its holdings in Couchbase by 72.0% during the 4th quarter. Wasatch Advisors LP now owns 1,703,267 shares of the company’s stock worth $26,554,000 after buying an additional 712,936 shares during the period. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

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.