Couchbase downgraded to Hold from Buy at Needham

Needham downgraded Couchbase (BASE) to Hold from Buy without a price target after the company announced an agreement to be acquired by Haveli Investments for $24.50 per share in cash.
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Shares of Couchbase (BASE) have jumped $5.40, or 28.5%, to $24.33 after the company announced a definitive agreement to be acquired by Haveli Investments for $24.50 per share in an all-cash transaction valued at approximately $1.5B. Some other names in the cloud-based database platforms, NoSQL database, data storage, an infrastructure software space include MongoDB (MDB), DigitalOcean (DOCN), Elastic (ESTC) and Datadog (DDOG). 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>> See the top stocks recommended by analysts >> Read More on BASE: Disclaimer & DisclosureReport an Issue Couchbase to be acquired by Haveli Investments for $1.5B in cash Couchbase stockholders to receive $24.50 per share in cash in go-private deal Uber initiated, Etsy downgraded: Wall Street's top analyst calls Couchbase, Inc. Reports Strong Growth Amid Challenges Couchbase's Strong Performance and Positive Outlook: A Buy Recommendation by Jason Ader Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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Couchbase to be acquired by Haveli Investments for $1.5B in cash

Couchbase (BASE) announced that it has entered into a definitive agreement to be acquired by Haveli Investments, a technology focused investment firm, in an all-cash transaction valued at approximately $1.5 billion. Under the terms of the Agreement, Couchbase stockholders will receive $24.50 per share in cash. This represents a premium of approximately 67% to the closing stock price of March 27, 2025, the last full trading day prior to the announcement of Haveli's investment into Couchbase, and a 29% premium to Couchbase's closing stock price on June 18, 2025, the last full trading day prior to the transaction announcement. Upon completion of the transaction, Couchbase will become a privately-held company. The transaction, which was approved by the vote of the directors on the Couchbase Board present and voting, is expected to close in the second half of 2025, subject to customary closing conditions, including approval by Couchbase's stockholders and the receipt of required regulatory approvals. 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>> See the top stocks recommended by analysts >> Read More on BASE: Disclaimer & DisclosureReport an Issue Uber initiated, Etsy downgraded: Wall Street's top analyst calls Couchbase, Inc. Reports Strong Growth Amid Challenges Couchbase's Strong Performance and Positive Outlook: A Buy Recommendation by Jason Ader Couchbase price target raised to $22 from $20 at Baird Couchbase price target raised to $20 from $18 at UBS