Couchbase Inc [NASDAQ: BASE] stock went on a downward path that fall over -1.70% on N/A, amounting to a one-week price increase of more than 0.65%.
Over the last 12 months, BASE stock dropped by -29.73%. The one-year Couchbase Inc stock forecast points to a potential upside of 19.2. The average equity rating for BASE stock is currently 1.62, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $967.43 million, with 52.26 million shares outstanding and 40.33 million shares in the current float. Compared to the average trading volume of 452.00K shares, BASE stock reached a trading volume of 184615 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Couchbase Inc [BASE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BASE shares is $22.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BASE stock is a recommendation set at 1.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for Couchbase Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 12, 2024. While these analysts kept the previous recommendation, Wedbush raised their target price to Outperform. The new note on the price target was released on October 17, 2024, representing the official price target for Couchbase Inc stock. Previously, the target price had yet another raise to $19, while Barclays analysts kept a Overweight rating on BASE stock.
The Average True Range (ATR) for Couchbase Inc is set at 0.68, with the Price to Sales ratio for BASE stock in the period of the last 12 months amounting to 4.73. The Price to Book ratio for the last quarter was 7.62, with the Price to Cash per share for the same quarter was set at 2.71.
BASE Stock Performance Analysis:
Couchbase Inc [BASE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.65. With this latest performance, BASE shares gained by 15.50% in over the last four-week period, additionally plugging by 5.30% over the last 6 months – not to mention a drop of -29.73% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BASE stock in for the last two-week period is set at 57.99, with the RSI for the last a single of trading hit 56.26, and the three-weeks RSI is set at 57.29 for Couchbase Inc [BASE]. The present Moving Average for the last 50 days of trading for this stock 16.76, while it was recorded at 18.81 for the last single week of trading, and 18.31 for the last 200 days.
Insight into Couchbase Inc Fundamentals:
Couchbase Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.99 and a Current Ratio set at 1.99.
Couchbase Inc [BASE] Institutonal Ownership Details
There are presently around $91.71%, or 92.47%% of BASE stock, in the hands of institutional investors. The top three institutional holders of BASE stocks are: VANGUARD GROUP INC with ownership of 4.62 million shares, which is approximately 9.2814%. BLACKROCK INC., holding 3.25 million shares of the stock with an approximate value of $$59.32 million in BASE stocks shares; and BLACKROCK INC., currently with $$56.96 million in BASE stock with ownership which is approximately 6.1382%.
