Providing a diverse range of perspectives from bullish to bearish, 10 analysts have published ratings on Couchbase BASE in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 4 | 3 | 0 | 1 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 4 | 2 | 0 | 1 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Couchbase, presenting an average target of $28.8, a high estimate of $32.00, and a low estimate of $18.00. Experiencing a 13.88% decline, the current average is now lower than the previous average price target of $33.44.
Breaking Down Analyst Ratings: A Detailed Examination
A clear picture of Couchbase's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Howard Ma | Guggenheim | Maintains | Buy | $30.00 | $30.00 |
Rudy Kessinger | DA Davidson | Lowers | Buy | $30.00 | $35.00 |
Andrew Nowinski | Wells Fargo | Lowers | Overweight | $30.00 | $37.00 |
Raimo Lenschow | Barclays | Lowers | Equal-Weight | $27.00 | $33.00 |
Ittai Kidron | Oppenheimer | Lowers | Outperform | $30.00 | $36.00 |
Sanjit Singh | Morgan Stanley | Lowers | Equal-Weight | $29.00 | $30.00 |
Kash Rangan | Goldman Sachs | Lowers | Sell | $18.00 | $30.00 |
Rob Oliver | Baird | Lowers | Outperform | $32.00 | $35.00 |
Matthew Hedberg | RBC Capital | Lowers | Outperform | $31.00 | $35.00 |
Austin Dietz | UBS | Announces | Neutral | $31.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Couchbase. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Couchbase compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Couchbase's stock. This analysis reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Couchbase's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Couchbase analyst ratings.
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About Couchbase
Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a scalable and available platform. It empower developers and architects to build, deploy and run mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud. Geographically, the company generates a majority of its revenue from the United States.
Financial Insights: Couchbase
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining Couchbase's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 25.2% as of 30 April, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Couchbase's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -40.9%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Couchbase's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -16.18%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -8.56%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Couchbase's debt-to-equity ratio is below the industry average at 0.03, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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