Couchbase (BASE) to Release Quarterly Earnings on Tuesday

Couchbase (NASDAQ:BASE) is scheduled to issue its quarterly earnings data 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.Parties that wish to listen to the company’s conference call can do so using this link.

Couchbase (NASDAQ:BASE) last announced its quarterly earnings results on Wednesday, September 4th. The company reported ($0.06) earnings per share for the quarter, topping 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 company had revenue of $51.60 million for the quarter, compared to the consensus estimate of $51.11 million. During the same period last year, the firm earned ($0.44) EPS. The firm’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 Up 0.9 %

Couchbase stock opened at $20.51 on Friday. Couchbase has a 52-week low of $13.53 and a 52-week high of $32.00. The company has a fifty day simple moving average of $17.24 and a 200-day simple moving average of $18.40. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -12.90 and a beta of 0.59.

Wall Street Analysts Forecast Growth

BASE has been the topic of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $22.00 price target on shares of Couchbase in a research note on Thursday, September 5th. Robert W. Baird reduced their target price on Couchbase from $32.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday, September 5th. DA Davidson dropped their price target on Couchbase from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, September 5th. Oppenheimer reduced their price objective on Couchbase from $25.00 to $23.00 and set an “outperform” rating on the stock in a research note on Thursday, September 5th. Finally, Piper Sandler Companies assumed coverage on Couchbase in a report on Friday, August 16th. They set an “overweight” rating and a $22.00 target price for the company. 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’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.40.

Insider Buying and Selling at Couchbase

In other news, Director Edward T. Anderson acquired 21,080 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were purchased 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 directly owns 85,902 shares of the company’s stock, valued at $1,216,372.32. This represents a 32.52 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Huw Owen sold 6,736 shares of Couchbase 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 completion of the transaction, the senior vice president now owns 373,647 shares of the company’s stock, valued at approximately $5,630,860.29. The trade was a 1.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,448 shares of company stock valued at $180,742 in the last three months. Corporate 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.