Couchbase Inc.(BASE:NSD) Barclays lowers the target price to $22

Barclays maintains Couchbase Inc. with an Overweight rating and lowers the target price to $22 from $23 on the company’s stock.

Based on the Couchbase Inc stock forecasts from 9 analysts, the average analyst target price for Couchbase Inc is USD 22.36 over the next 12 months. Couchbase Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Couchbase Inc is Bearish, which is based on 1 positive signals and 4 negative signals. At the last closing, Couchbase Inc’s stock price was USD 14.85Couchbase Inc’s stock price has changed by -10.49% over the past week, -10.05% over the past month and -69.67% over the last year.

About Couchbase Inc (BASE:NSD)

Couchbase, Inc. provides a database for enterprise applications worldwide. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers Couchbase Server, a multi-service NoSQL database, which provides SQL-compatible query language and SQL++, that allows for a various array of data manipulation functions; and Couchbase Capella, an automated and secure Database-as-a-Service that helps in database management by deploying, managing, and operating Couchbase Server across cloud environments. It also provides Couchbase Mobile, an embedded NoSQL database for mobile and edge devices that enables an always-on experience with high data availability, even without internet connectivity, as well as synchronization gateway that allows for secure data sync between mobile devices and the backend data store. The company sells its platform through direct sales force and an ecosystem of partners. It serves governments and organizations, as well as enterprises in various industries, including retail and e-commerce, travel and hospitality, financial services and insurance, software and technology, gaming, media and entertainment, and industrials. The company was formerly known as Membase, Inc. and changed its name to Couchbase, Inc. in February 2011. Couchbase, Inc. was incorporated in 2008 and is headquartered in Santa Clara, California.

What we like:

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What we don’t like:

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector.