Couchbase Inc [BASE] stock prices are up 3.00% to $17.51 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BASE shares have gain 9.44% over the last week, with a monthly amount glided 13.85%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Couchbase Inc [NASDAQ: BASE] stock has seen the most recent analyst activity on December 12, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $21. On October 07, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $19 on the stock. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $22 on August 16, 2024. Needham initiated its recommendation with a Buy and recommended $22 as its price target on June 26, 2024. Goldman downgraded its rating to Sell for this stock on June 06, 2024, but kept the price target unchanged to $18. In a note dated May 22, 2024, UBS initiated an Neutral rating and provided a target price of $31 on this stock.
The stock price of Couchbase Inc [BASE] has been fluctuating between $13.53 and $32.00 over the past year. Currently, Wall Street analysts expect the stock to reach $23.17 within the next 12 months. Couchbase Inc [NASDAQ: BASE] shares were valued at $17.51 at the most recent close of the market. An investor can expect a potential return of 32.32% based on the average BASE price forecast.
Analyzing the BASE fundamentals
The Couchbase Inc [NASDAQ:BASE] reported sales of 204.63M for trailing twelve months, representing a surge of 12.69%. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.39%. To continue investigating profitability, this company’s Return on Assets is posted at -0.36, Equity is -0.63 and Total Capital is -0.61. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.01 points at the first support level, and at 16.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.77, and for the 2nd resistance point, it is at 18.03.
Ratios To Look Out For
It’s worth pointing out that Couchbase Inc [NASDAQ:BASE]’s Current Ratio is 1.99. As well, the Quick Ratio is 1.99, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 4.48, the price to book ratio is 7.22.
Transactions by insiders
Recent insider trading involved Owen Huw, SVP & Chief Revenue Officer, that happened on Jan 06 ’25 when 2993.0 shares were sold. Director, Carpenter Carol W. completed a deal on Jan 02 ’25 to sell 900.0 shares. Meanwhile, SVP & Chief Financial Officer Henry Gregory N sold 22304.0 shares on Jan 02 ’25.
