Couchbase (BASE) Set to Announce Quarterly Earnings on Wednesday

Couchbase (NASDAQ:BASE) will post its quarterly earnings results after the market closes on Wednesday, September 4th. 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 Q2 2025 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Couchbase (NASDAQ:BASE) last released its quarterly earnings results on Wednesday, June 5th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.03). The company had revenue of $51.33 million for the quarter, compared to analyst estimates of $48.52 million. Couchbase had a negative return on equity of 54.49% and a negative net margin of 41.66%. On average, analysts expect Couchbase to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Couchbase Price Performance

Shares of BASE opened at $19.62 on Tuesday. Couchbase has a 12-month low of $14.12 and a 12-month high of $32.00. The business’s fifty day moving average price is $18.26 and its 200 day moving average price is $22.54. The stock has a market capitalization of $987.08 million, a PE ratio of -11.96 and a beta of 0.61.

Analyst Ratings Changes

Several analysts have weighed in on the company. Robert W. Baird reduced their price target on shares of Couchbase from $35.00 to $32.00 and set an “outperform” rating for the company in a research note on Thursday, June 6th. Barclays reduced their target price on Couchbase from $27.00 to $20.00 and set an “equal weight” rating for the company in a report on Monday, August 19th. Piper Sandler Companies assumed coverage on shares of Couchbase in a research note on Friday, August 16th. They issued an “overweight” rating and a $22.00 price objective for the company. The Goldman Sachs Group cut Couchbase from a “neutral” rating to a “sell” rating and lowered their target price for the company from $30.00 to $18.00 in a research note on Thursday, June 6th. Finally, Oppenheimer lowered their price target on shares of Couchbase from $36.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, June 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, Couchbase presently has an average rating of “Moderate Buy” and an average target price of $27.14.

Insider Activity

In other Couchbase news, SVP Huw Owen sold 2,993 shares of the firm’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $16.53, for a total value of $49,474.29. Following the completion of the sale, the senior vice president now owns 412,915 shares in the company, valued at approximately $6,825,484.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Gregory N. Henry sold 3,982 shares of the firm’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $16.52, for a total value of $65,782.64. Following the transaction, the chief financial officer now owns 393,060 shares in the company, valued at $6,493,351.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Huw Owen sold 2,993 shares of Couchbase stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $16.53, for a total value of $49,474.29. Following the completion of the sale, the senior vice president now owns 412,915 shares of the company’s stock, valued at $6,825,484.95. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,087 shares of company stock worth $651,216. Corporate insiders own 16.10% of the company’s stock.

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.