Form 4 Couchbase, Inc. For: Jun 03 Filed by: Cain Matthew M

Go back to Form 4 Couchbase, Inc. For: Jun 03 Filed by: Cain Matthew M

Goldman Sachs Downgrades Couchbase Inc (BASE) to Sell

June 6, 2024 8:16 AM EDT

Goldman Sachs analyst Kash Rangan downgraded Couchbase Inc (NASDAQ: BASE) from Neutral to Sell with a price target of $18.00 (from $30.00).

The analyst comments "Following BASEs F1Q25 print, we update our rating to Sell (from Neutral) while lowering our Price Target to $18 (from $30). While acknowledging that key metrics outperformed Consensus (FactSet), we point to an increasingly competitive landscape with a... More

Couchbase Inc (BASE) PT Lowered to $31 at RBC Capital

June 6, 2024 5:11 AM EDT

RBC Capital analyst Matthew Hedberg lowered the price target on Couchbase Inc (NASDAQ: BASE) to $31.00 (from $35.00) while maintaining a Outperform rating.

The analyst comments "BASE executed relatively well in what has developed into a tougher software macro environment for some companies. Results... More

Couchbase Inc (BASE) PT Lowered to $30 at DA Davidson

June 6, 2024 4:48 AM EDT

DA Davidson analyst Rudy Kessinger lowered the price target on Couchbase Inc (NASDAQ: BASE) to $30.00 (from $35.00) while maintaining a Buy rating.

The analyst comments "FQ1 ARR of $207.7M (+21% Y/Y) was slightly below cons. due to several deals that slipped into FQ2, many of... More