
Couchbase (BASE) Stock Forecast & Price Target
Couchbase (BASE) Analyst Ratings
Bulls say
Couchbase Inc demonstrated strong financial performance in Q4, with Annual Recurring Revenue (ARR) increasing by 17% year-over-year to reach $238 million, supported by robust seasonality and Capella growth. Subscription Revenue accounted for a significant 95% of total revenue in FY24, up from 92% in FY23, indicating a solid transition to a subscription-based model. Additionally, revenue for the quarter reached $54.9 million, reflecting a 10% year-over-year growth and surpassing management's guidance, which bodes well for Couchbase's financial outlook moving forward.
Bears say
Couchbase Inc's guidance for total revenue in FY26 is disappointing, projecting a range of $228-232 million, which falls short of the consensus expectation of $237 million, primarily due to reduced upfront license revenue from Capella migrations. Additionally, the company's free cash flow (FCF) profitability is now anticipated to slip into FY27, reflecting concerns over backend-loaded annual recurring revenue (ARR) performance and resulting in potential quarterly results or guidance that could further impact stock multiples. Coupled with a decline in the dollar-based net retention rate (DBNRR) to slightly above 114% and economic pressures threatening IT budgets, these factors contribute to a negative outlook for Couchbase's stock.
This aggregate rating is based on analysts' research of Couchbase and is not a guaranteed prediction by Public.com or investment advice.
Couchbase (BASE) Analyst Forecast & Price Prediction
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