At the time of writing, Couchbase Inc [BASE] stock is trading at $18.26, up 12.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BASE shares have lost -1.46% over the last week, with a monthly amount glided 6.72%, 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.
For the past year, the stock price of Couchbase Inc fluctuated between $13.53 and $32.00. Currently, Wall Street analysts expect the stock to reach $23.17 within the next 12 months. Couchbase Inc [NASDAQ: BASE] shares were valued at $18.26 at the most recent close of the market. An investor can expect a potential return of 26.89% based on the average BASE price forecast.
Analyzing the BASE fundamentals
According to Couchbase Inc [NASDAQ:BASE], the company’s sales were 209.47M for trailing twelve months, which represents an 9.65% jump. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at -0.38%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.59 and Total Capital is -0.59. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 17.47 points at the first support level, and at 16.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.07, and for the 2nd resistance point, it is at 19.89.
Ratios To Look Out For
It is important to note that Couchbase Inc [NASDAQ:BASE] has a current ratio of 1.66. In addition, the Quick Ratio stands at 1.99 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 4.56, the price to book ratio is 7.53.
Transactions by insiders
Recent insider trading involved Henry Gregory N, SVP & Chief Financial Officer, that happened on Feb 03 ’25 when 9820.0 shares were sold. Director, Carpenter Carol W. completed a deal on Feb 03 ’25 to sell 900.0 shares. Meanwhile, SVP & Chief Legal Officer Chow Margaret sold 15000.0 shares on Feb 04 ’25.
