BASE Stock Summary and Trading Ideas (Couchbase | NASDAQ:BASE)

Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a scalable and available platform. It empower developers and architects to build, deploy and run mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud. Geographically, the company generates a majority of its revenue from the United States.

Couchbase trades on the NASDAQ stock market under the symbol BASE.

As of March 10, 2025, BASE stock price declined to $15.18 with 804,792 million shares trading.

BASE has a beta of 1.39, meaning it tends to be more sensitive to market movements. BASE has a correlation of 0.10 to the broad based SPY ETF.

BASE has a market cap of $794.64 million. This is considered a Small Cap stock.

Last quarter Couchbase reported $55 million in Revenue and $.00 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.08.

In the last 3 years, BASE traded as high as $32.00 and as low as $10.19.

The top ETF exchange traded funds that BASE belongs to (by Net Assets): VTI, IWM, VB, VGT, VBR.

BASE has underperformed the market in the last year with a price return of -46.4% while the SPY ETF gained +10.9%. However, in the short term, BASE had mixed performance relative to the market. It has outperformed in the last 3 months, returning -4.3% vs -6.7% return in SPY. But in the last 2 weeks, BASE shares have been beat by the market, returning -8.3% compared to an SPY return of -6.1%.

BASE support price is $16.30 and resistance is $17.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BASE shares will trade within this expected range on the day.