Couchbase BASE has been analyzed by 12 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 5 | 3 | 0 | 1 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 4 | 3 | 0 | 1 |
Analysts have recently evaluated Couchbase and provided 12-month price targets. The average target is $27.67, accompanied by a high estimate of $32.00 and a low estimate of $18.00. This current average has decreased by 17.25% from the previous average price target of $33.44.
Interpreting Analyst Ratings: A Closer Look
The perception of Couchbase by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Brent Bracelin | Piper Sandler | Announces | Overweight | $22.00 | - |
Mike Cikos | Needham | Announces | Buy | $22.00 | - |
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: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Couchbase. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Couchbase compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Couchbase's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
To gain a panoramic view of Couchbase's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Couchbase analyst ratings.
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Discovering Couchbase: A Closer Look
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.
Couchbase's Economic Impact: An Analysis
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Couchbase's remarkable performance in 3 months is evident. As of 30 April, 2024, the company achieved an impressive revenue growth rate of 25.2%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: Couchbase's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -40.9%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -16.18%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Couchbase's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -8.56%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.03.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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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