Couchbase upgraded to Outperform on new product releases: Wedbush

seekingalpha10-17

Couchbase (NASDAQ:BASE) was upgraded to Outperform from Neutral as Wedbush expects the company to experience accelerated growth in the quarters ahead due to a launch of new products. Shares jumped 5% ...

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Shares jumped 5% ...</p>\n\n<a href=\"https://seekingalpha.com/news/4170663-couchbase-upgraded-to-outperform-on-new-product-releases-wedbush\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BASE","symbol_name":"Couchbase, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/4170663-couchbase-upgraded-to-outperform-on-new-product-releases-wedbush","article_id":"2476110576","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1329767304/image_1329767304.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476110576","pubTimestamp":1729180093,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Couchbase  was upgraded to Outperform from Neutral as Wedbush expects the company to experience accelerated growth in the quarters ahead due to a launch of new products. 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Couchbase offers a NoSQL database to help developers build, deploy and run applications. \"Couchbase estimates their TAM to grow to ~$150B by 2028 with high-performance and scalable modern applications driving the market with AI accelerating further opportunity for high-performance applications as the company is aligned to meet demand for growing DBMS market sub-segments across cloud and on-premise environments,\" said Wedbush analysts, led by Daniel Ives, in a note Thursday. \"Although still early in terms of its contribution to revenues or ARR, the company noted that it plans to disclose Capella metrics going forward with Capella acting as a 'game changer' for BASE with easy adoption or deployment compared to alternative customer managed offerings while helping reduce adopti","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"BASE":"Couchbase, Inc."},"translate_title":"Couchbase升级至新产品发布跑赢大盘：Wedbush","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BASE":0.9},"content_text":"Couchbase (NASDAQ:BASE) was upgraded to Outperform from Neutral as Wedbush expects the company to experience accelerated growth in the quarters ahead due to a launch of new products. Shares jumped 5% by noon trading on Thursday. Couchbase offers a NoSQL database to help developers build, deploy and run applications. \"Couchbase estimates their TAM to grow to ~$150B by 2028 with high-performance and scalable modern applications driving the market with AI accelerating further opportunity for high-performance applications as the company is aligned to meet demand for growing DBMS market sub-segments across cloud and on-premise environments,\" said Wedbush analysts, led by Daniel Ives, in a note Thursday. \"Although still early in terms of its contribution to revenues or ARR, the company noted that it plans to disclose Capella metrics going forward with Capella acting as a 'game changer' for BASE with easy adoption or deployment compared to alternative customer managed offerings while helping reduce adoption friction leading to an acceleration in its net new customer adds,\" Wedbush added. 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