Couchbase Inc (NASDAQ:BASE) price on Wednesday, April 30, rose 3.10% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $17.64.
A look at the stock’s price movement, the close in the last trading session was $17.11, moving within a range at $16.57 and $17.96. The beta value (5-Year monthly) was 0.844. Turning to its 52-week performance, $28.67 and $12.78 were the 52-week high and 52-week low respectively. Overall, BASE moved 12.00% over the past month.
Couchbase Inc’s market cap currently stands at around $952.23 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Analysts have a consensus estimate of 55.59M for the company’s revenue for the quarter, with a low and high estimate of 55.1M and 56.86M respectively. The average forecast suggests up to a 8.30% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 230M, representing a 9.80% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BASE is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 7 recommend BASE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BASE’s current price about 13.48% and 12.43% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 65.69, while 7-day volatility ratio is 4.48% and 6.31% in the 30-day chart. Further, Couchbase Inc (BASE) has a beta value of 0.83, and an average true range (ATR) of 0.88. Analysts have given the company’s stock an average 52-week price target of $23, forecast between a low of $18 and high of $32. Looking at the price targets, the low is -2.04% off current price level while to achieve the yearly target high, price needs to move -81.41%. Nonetheless, investors will most likely welcome a -30.39% jump to $23 which is the analysts’ median price.
If we refocus on Couchbase Inc (NASDAQ:BASE), historical trading data shows that trading volumes averaged 0.75 over the past 10 days and 884.51K over the past 3 months. The company’s latest data on shares outstanding shows there are 53.08 million shares.
The 34.12% of Couchbase Inc’s shares are in the hands of company insiders while institutional holders own 69.87% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.86 million on 2025-04-15, giving us a short ratio of 1.41. The data shows that as of 2025-04-15 short interest in Couchbase Inc (BASE) stood at 383.0 of shares outstanding, with shares short rising to 1.48 million registered in 2025-03-14. Current price change has pushed the stock 13.15% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BASE stock continues to rise going into the next quarter.
