Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Couchbase Inc before investing.

In this article, we go over a few key elements for understanding Couchbase Inc’s stock price such as:

• Couchbase Inc’s current stock price and volume
• Why Couchbase Inc’s stock price changed recently
• Upgrades and downgrades for BASE from analysts
• BASE’s stock price momentum as measured by its relative strength

About Couchbase Inc (BASE)

Before we jump into Couchbase Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Couchbase, Inc. provides a cloud database platform for modern applications. The Company provides a modern database for enterprise applications. Its database is engineered for high performance at scale to serve the needs of mission-critical applications that enterprises run their businesses on. Its products include Couchbase Capella, Couchbase Server and Couchbase Mobile. Its Couchbase Capella is a fully managed, automated, and secure database-as-a-service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments. Its Couchbase Server is a full-featured, multi-service NoSQL database. It provides a comprehensive SQL-compatible query language, SQL++, that allows for a range of data manipulation functions. Its Couchbase Server can be deployed on-premises or on any cloud. Its Couchbase Mobile is a full-featured embedded NoSQL database for mobile and edge devices that enables an always-on experience with high data availability.

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Couchbase Inc’s Stock Price as of Market Close

As of September 30, 2024, 4:00 PM, CST, Couchbase Inc’s stock price was $16.12.

Couchbase Inc is up 5.46% from its previous closing price of $15.29.

During the last market session, Couchbase Inc’s stock traded between $14.89 and $15.38. Currently, there are 50.82 million shares of Couchbase Inc stock available for purchase.

Unfortunately, Couchbase Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Couchbase Inc Stock Price History

Couchbase Inc’s (BASE) price is currently down 17.84% so far this month.

During the month of September, Couchbase Inc’s stock price has reached a high of $19.78 and a low of $13.53.

Over the last year, Couchbase Inc has hit prices as high as $32.00 and as low as $13.53. Year to date, Couchbase Inc’s stock is up 21.57%.

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What Caused Couchbase Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 27, 2024, there was 1 analyst who downgraded Couchbase Inc’s stock and 10 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Couchbase Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Couchbase Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Couchbase Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Couchbase Inc (BASE) by visiting AAII Stock Evaluator.

Relative Price Strength of Couchbase Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 27, 2024, Couchbase Inc has a weighted four-quarter relative price strength of -9.28%, which translates to a Momentum Score of 30 and is considered to be Weak.

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Couchbase Inc Stock Price: Bottom Line

As of September 30, 2024, Couchbase Inc’s stock price is $16.12, which is up 5.46% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Couchbase Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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