Alistair Berg Investment summary My previous investment thought for Couchbase Inc. (NASDAQ:BASE) (published on 18th June) was a downgrade to hold as I expected the business to experience slower growth ahead. I remain hold-rated for BASE as I am concerned whether it can achieve its FY25 ARR growth that has a high hurdle to meet in 4Q25. If it fails to do so, I worry a similar share price action seen post 1Q25 results may happen again. 2Q25 results update As expected, BASE reported decelerating growth in  ...