Time to Hit Buy on These 2 Software Stocks, Says Daniel Ives [Yahoo! Finance]
Couchbase, Inc. (BASE)
Company Research
Source: Yahoo! Finance
Multiple factors are propelling the software industry forward, such as the rapid advancement of AI technology, high demand for IT solutions, and the ongoing expansion of the global digital economy. Wedbush tech expert Daniel Ives has been watching the tech industry, and his take on it points to continued strength supported by AI and cloud expansion. “Solid enterprise spending, digital advertising rebound, and the AI Revolution will drive tech stocks higher into year-end in our view,” Ives opined. “We believe 70% of global workloads will be on the cloud by the end of 2025, up from less than 50% today.” Keeping that in mind, Ives goes on to add that the time has come to hit buy on two software stocks. They may not be household names, but according to the TipRanks data , both stocks are Buy-rated – and Ives sees significantly more upside to each than the consensus on the Street. Let's take a closer look. Couchbase BASE We'll start with Couchbase, a modern database platform pro
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News
- Amenity-Rich Properties Propelling Office Market Rebound [Forbes]Forbes
- Couchbase to Present at Upcoming Investor Conference [Yahoo! Finance]Yahoo! Finance
- Couchbase to Present at Upcoming Investor ConferencePR Newswire
- Couchbase, Inc. (NASDAQ: BASE) is now covered by analysts at Truist Financial Co.. They set a "buy" rating and a $21.00 price target on the stock.MarketBeat
- Couchbase: All Eyes On The Fourth Quarter Results Now [Seeking Alpha]Seeking Alpha
BASE
Earnings
- 12/3/24 - Beat
BASE
Sec Filings
- 1/28/25 - Form 4
- 1/24/25 - Form 144
- 1/8/25 - Form 4
- BASE's page on the SEC website