Couchbase (NASDAQ:BASE - Get Free Report) posted its earnings results on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.02, RTT News reports. Couchbase had a negative net margin of 39.31% and a negative return on equity of 57.22%. The company had revenue of $56.52 million during the quarter, compared to analysts' expectations of $55.59 million. During the same quarter last year, the company posted ($0.10) EPS. Couchbase's quarterly revenue was up 10.1% compared to the same quarter last year. Couchbase updated its FY 2026 guidance to EPS and its Q2 2026 guidance to EPS.
Couchbase Price Performance
Shares of NASDAQ:BASE traded up $0.20 on Thursday, hitting $19.33. 349,222 shares of the company's stock were exchanged, compared to its average volume of 597,903. Couchbase has a 12 month low of $12.78 and a 12 month high of $21.99. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of -12.08 and a beta of 0.82. The business's 50 day simple moving average is $16.82 and its two-hundred day simple moving average is $16.87.
Insider Transactions at Couchbase
In other news, SVP Huw Owen sold 15,938 shares of the business's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $15.43, for a total transaction of $245,923.34. Following the sale, the senior vice president now owns 427,699 shares in the company, valued at approximately $6,599,395.57. The trade was a 3.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 14.80% of the company's stock.
Institutional Trading of Couchbase
A number of institutional investors and hedge funds have recently made changes to their positions in BASE. Goldman Sachs Group Inc. increased its position in shares of Couchbase by 42.0% during the first quarter. Goldman Sachs Group Inc. now owns 225,460 shares of the company's stock worth $3,551,000 after purchasing an additional 66,719 shares in the last quarter. Royal Bank of Canada grew its holdings in Couchbase by 5,995.1% in the 1st quarter. Royal Bank of Canada now owns 151,037 shares of the company's stock valued at $2,379,000 after buying an additional 148,559 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Couchbase by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,848 shares of the company's stock valued at $376,000 after buying an additional 1,487 shares in the last quarter. Caxton Associates LLP purchased a new stake in Couchbase in the 1st quarter valued at $271,000. Finally, Woodline Partners LP grew its holdings in Couchbase by 60.7% in the 1st quarter. Woodline Partners LP now owns 17,069 shares of the company's stock valued at $269,000 after buying an additional 6,446 shares in the last quarter. 96.07% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have weighed in on BASE shares. UBS Group lifted their price objective on Couchbase from $18.00 to $20.00 and gave the company a "neutral" rating in a report on Wednesday. Piper Sandler upped their target price on Couchbase from $16.00 to $20.00 and gave the stock an "overweight" rating in a report on Wednesday. Wells Fargo & Company cut their price target on shares of Couchbase from $23.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 26th. Rosenblatt Securities reissued a "buy" rating and issued a $20.00 price objective on shares of Couchbase in a research note on Monday. Finally, Robert W. Baird upped their price target on shares of Couchbase from $20.00 to $22.00 and gave the company an "outperform" rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company's stock. According to MarketBeat, Couchbase currently has a consensus rating of "Moderate Buy" and an average target price of $21.65.
Read Our Latest Stock Report on Couchbase
Couchbase Company Profile
(
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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.
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