Expert Outlook: Couchbase Through The Eyes Of 15 Analysts
Portfolio Pulse from Benzinga Insights
Couchbase (NASDAQ:BASE) has received mixed analyst ratings over the past three months, with a shift towards more bullish sentiments recently. Analysts have adjusted their 12-month price targets, with an average target of $23.0, down from $26.23. Despite positive revenue growth, Couchbase faces challenges with profitability and asset utilization.
September 05, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Couchbase has seen a shift towards more bullish analyst ratings recently, with an average price target of $23.0, a decrease from $26.23. The company shows strong revenue growth but faces challenges in profitability and asset utilization.
The shift towards more bullish ratings suggests a positive sentiment among analysts, which could stabilize or slightly uplift the stock price. However, the decrease in average price target and profitability challenges may limit significant upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100