DA Davidson Estimates Couchbase's Q2 Earnings (NASDAQ:BASE)

Couchbase, Inc. (NASDAQ:BASE - Free Report) - Equities researchers at DA Davidson issued their Q2 2026 earnings estimates for shares of Couchbase in a research note issued on Wednesday, June 4th. DA Davidson analyst R. Kessinger anticipates that the company will earn ($0.36) per share for the quarter. The consensus estimate for Couchbase's current full-year earnings is ($1.48) per share. DA Davidson also issued estimates for Couchbase's FY2026 earnings at ($1.31) EPS and FY2027 earnings at ($1.17) EPS.

Couchbase (NASDAQ:BASE - Get Free Report) last issued its earnings results on Tuesday, June 3rd. The company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.02. The business had revenue of $56.52 million for the quarter, compared to the consensus estimate of $55.59 million. Couchbase had a negative net margin of 39.31% and a negative return on equity of 57.22%. The company's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.10) EPS.

BASE has been the topic of a number of other reports. Robert W. Baird upped their target price on shares of Couchbase from $20.00 to $22.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Piper Sandler upped their target price on shares of Couchbase from $16.00 to $20.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. The Goldman Sachs Group dropped their price objective on shares of Couchbase from $18.00 to $16.00 and set a "sell" rating on the stock in a research note on Thursday, February 27th. Barclays dropped their price objective on shares of Couchbase from $23.00 to $22.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. Finally, Morgan Stanley increased their price objective on shares of Couchbase from $18.00 to $19.00 and gave the company an "equal weight" rating in a research note on Wednesday, June 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, Couchbase currently has an average rating of "Moderate Buy" and an average target price of $21.65.

Couchbase Price Performance

BASE stock traded up $0.64 during mid-day trading on Friday, reaching $19.86. The company had a trading volume of 777,303 shares, compared to its average volume of 590,006. The company has a market capitalization of $1.07 billion, a PE ratio of -12.41 and a beta of 0.82. The firm has a 50 day moving average of $16.95 and a 200 day moving average of $16.81. Couchbase has a 12 month low of $12.78 and a 12 month high of $21.54.

Insider Buying and Selling at Couchbase

In other news, SVP Huw Owen sold 15,938 shares of Couchbase stock in a transaction on Friday, March 28th. The shares were sold at an average price of $15.43, for a total transaction of $245,923.34. Following the completion of the sale, the senior vice president now directly 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO William Robert Carey sold 2,300 shares of Couchbase stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $19.50, for a total transaction of $44,850.00. Following the sale, the chief financial officer now owns 94,780 shares of the company's stock, valued at $1,848,210. The trade was a 2.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 19,138 shares of company stock worth $306,865 over the last three months. Corporate insiders own 14.80% of the company's stock.

Institutional Investors Weigh In On Couchbase

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Irenic Capital Management LP purchased a new position in shares of Couchbase during the first quarter worth $26,356,000. Hood River Capital Management LLC raised its holdings in shares of Couchbase by 38.2% during the fourth quarter. Hood River Capital Management LLC now owns 2,738,468 shares of the company's stock worth $42,693,000 after purchasing an additional 756,394 shares during the last quarter. Wasatch Advisors LP raised its holdings in shares of Couchbase by 72.0% during the fourth quarter. Wasatch Advisors LP now owns 1,703,267 shares of the company's stock worth $26,554,000 after purchasing an additional 712,936 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Couchbase by 26.8% during the fourth quarter. Franklin Resources Inc. now owns 2,089,104 shares of the company's stock worth $32,569,000 after purchasing an additional 441,770 shares during the last quarter. Finally, Congress Asset Management Co. purchased a new position in shares of Couchbase during the first quarter worth $5,650,000. 96.07% of the stock is currently owned by institutional investors and hedge funds.

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.