Couchbase (BASE, Financial) has provided its revenue guidance for the second quarter, estimating it to be between $54.4 million and $55.2 million. This forecast falls short of market analysts' expectations, which had placed the consensus revenue at $56.46 million. Investors are keeping a close eye on these figures, as they could influence the company's stock performance in the upcoming period.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Couchbase Inc (BASE, Financial) is $20.47 with a high estimate of $26.00 and a low estimate of $15.00. The average target implies an upside of 10.27% from the current price of $18.56. More detailed estimate data can be found on the Couchbase Inc (BASE) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Couchbase Inc's (BASE, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Couchbase Inc (BASE, Financial) in one year is $20.23, suggesting a upside of 9% from the current price of $18.56. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Couchbase Inc (BASE) Summary page.
