Couchbase (BASE) Set to Announce Earnings on Tuesday

Couchbase (NASDAQ:BASE) will be issuing 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 are interested in participating in the company’s conference call can do so using this link.

Couchbase (NASDAQ:BASE) last issued its quarterly earnings data 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. The company had revenue of $51.60 million for the quarter, compared to analysts’ expectations of $51.11 million. Couchbase had a negative net margin of 39.51% and a negative return on equity of 54.84%. Couchbase’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.44) earnings per share. On average, analysts expect Couchbase to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Couchbase Stock Down 1.4 %

Shares of NASDAQ:BASE opened at $20.64 on Tuesday. The firm has a market cap of $1.06 billion, a P/E ratio of -12.98 and a beta of 0.59. Couchbase has a 12-month low of $13.53 and a 12-month high of $32.00. The business has a fifty day simple moving average of $16.72 and a 200 day simple moving average of $18.45.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wedbush started 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. DA Davidson reduced their price objective on shares of Couchbase from $30.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, September 5th. Piper Sandler Companies started coverage on shares of Couchbase in a research note on Friday, August 16th. They set an “overweight” rating and a $22.00 target price for the company. Robert W. Baird cut their price target on shares of Couchbase from $32.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, September 5th. Finally, Piper Sandler lowered their price objective on Couchbase from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.40.

Insiders Place Their Bets

In other Couchbase news, Director Edward T. Anderson bought 21,080 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were bought at an average price of $14.16 per share, for a total transaction of $298,492.80. Following the acquisition, the director now directly owns 85,902 shares of the company’s stock, valued at approximately $1,216,372.32. The trade was a 32.52 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Huw Owen sold 6,736 shares of Couchbase stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $15.07, for a total value of $101,511.52. Following the transaction, the senior vice president now owns 373,647 shares of the company’s stock, 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. Over the last quarter, insiders have sold 11,448 shares of company stock worth $180,742. 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.