Braze (NASDAQ:BRZE) Reaches New 52-Week Low – What’s Next?

Braze, Inc. (NASDAQ:BRZE)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $16.87 and last traded at $18.11, with a volume of 3135382 shares changing hands. The stock had previously closed at $17.79.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BRZE shares. Wolfe Research upgraded shares of Braze to an “overweight” rating in a research report on Wednesday, December 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 target price on shares of Braze in a report on Wednesday, January 14th. The Goldman Sachs Group decreased their price target on Braze from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Wells Fargo & Company lifted their price objective on Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. Finally, Citizens Jmp restated a “market outperform” rating and set a $68.00 price target on shares of Braze in a report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $45.43.

Braze Trading Down 2.3%

The business has a 50-day moving average of $28.27 and a 200 day moving average of $28.18. The firm has a market capitalization of $1.94 billion, a P/E ratio of -15.74 and a beta of 1.07.

Braze (NASDAQ:BRZE) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The firm had revenue of $190.84 million during the quarter, compared to analysts’ expectations of $198.25 million. During the same quarter last year, the firm posted $0.02 earnings per share. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. As a group, research analysts forecast that Braze, Inc. will post -0.98 EPS for the current year.

Insider Buying and Selling

In related news, General Counsel Susan Wiseman sold 4,456 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $27.57, for a total value of $122,851.92. Following the transaction, the general counsel owned 219,794 shares of the company’s stock, valued at approximately $6,059,720.58. This trade represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Pankaj Malik sold 5,540 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $35.76, for a total value of $198,110.40. Following the completion of the sale, the chief accounting officer directly owned 53,572 shares of the company’s stock, valued at approximately $1,915,734.72. This trade represents a 9.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 69,923 shares of company stock worth $1,917,418 over the last ninety days. Insiders own 18.20% of the company’s stock.

Institutional Investors Weigh In On Braze

Several institutional investors and hedge funds have recently added to or reduced their stakes in BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Braze by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock worth $1,415,000 after buying an additional 1,700 shares during the last quarter. Intech Investment Management LLC boosted its position in Braze by 18.8% in the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock worth $1,453,000 after purchasing an additional 6,379 shares during the last quarter. IFP Advisors Inc grew its stake in Braze by 17.7% in the 2nd quarter. IFP Advisors Inc now owns 3,987 shares of the company’s stock valued at $117,000 after purchasing an additional 601 shares during the period. CWM LLC increased its position in shares of Braze by 9.7% during the 2nd quarter. CWM LLC now owns 6,009 shares of the company’s stock valued at $169,000 after purchasing an additional 532 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. bought a new stake in shares of Braze during the 2nd quarter worth $1,627,000. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Braze Company Profile

Braze, Inc is a publicly traded software company (NASDAQ: BRZE) that offers a customer engagement platform designed to help brands build personalized relationships with their users. Founded in 2011 as Appboy by Bill Magnuson, Jon Hyman and Mark Ghermezian, the company adopted the Braze name in 2017 to underscore its focus on fostering strong connections between businesses and consumers. Its cloud-based platform consolidates messaging channels including push notifications, in-app messages, email and SMS, enabling companies to deliver timely, context-driven communications at scale.

The core functionality of Braze’s platform centers on data-driven segmentation, customer journey orchestration and real-time analytics.