Morgan Stanley analyst Sanjit Singh lowered the firm’s price target on Couchbase (BASE) to $23 from $25 and keeps an Equal Weight rating on the shares. Q4 was the strongest quarter of FY25 and FY26 ARR guidance was also “better than feared,” the analyst tells investors. The firm is “encouraged by the execution,” but awaits better growth on the back of an inflection in Capella adoption, the analyst added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BASE:
- Couchbase price target lowered to $18 from $19 at UBS
- Couchbase price target raised to $22 from $21 at Piper Sandler
- Couchbase price target lowered to $26 from $30 at Guggenheim
- Couchbase’s Record-Breaking ARR and Capella’s Growth Drive Buy Rating
- Couchbase’s Mixed Signals: Strong Quarter Yet Cautious Outlook
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue