William Blair on Couchbase Inc (BASE): 'Strong Start to the Year; Positive ARR Outlook'
William Blair analyst Jason Ader reiterated an Outperform rating on Couchbase Inc (NASDAQ: BASE).
The analyst comments "Stock Thoughts: At the after-hours price of approximately $18 per share, Couchbase trades at an enterprise-value-to-sales multiple of 4 times our calendar 2025 estimate, a discount to the SaaS peer group median of 7 times. We continue to see an attractive risk/reward for the stock, especially as the Capella engine revs up and the company sharpens its go-to-market capabilities."
For an analyst ratings summary and ratings history on Couchbase Inc click here. For more ratings news on Couchbase Inc click here.
Shares of Couchbase Inc closed at $18.56 yesterday.