Oppenheimer Issues Pessimistic Forecast for Braze (NASDAQ:BRZE) Stock Price

Braze (NASDAQ:BRZE) had its price target lowered by stock analysts at Oppenheimer from $40.00 to $30.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Oppenheimer’s price target suggests a potential upside of 40.50% from the company’s previous close.

A number of other equities research analysts have also issued reports on the company. Wells Fargo & Company raised their price target on shares of Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. The Goldman Sachs Group dropped their price objective on Braze from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Citizens Jmp cut their target price on Braze from $68.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Braze from $32.00 to $33.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, BTIG Research cut their price objective on shares of Braze from $45.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Twenty-two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Braze currently has a consensus rating of “Moderate Buy” and an average price target of $38.19.

Braze Trading Up 18.5%

BRZE traded up $3.33 during trading on Wednesday, hitting $21.35. 4,272,075 shares of the company’s stock traded hands, compared to its average volume of 2,984,849. Braze has a 12-month low of $15.26 and a 12-month high of $43.89. The company’s 50 day simple moving average is $19.95 and its two-hundred day simple moving average is $26.57. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of -19.79 and a beta of 1.08.

Insider Transactions at Braze

In related news, General Counsel Susan Wiseman sold 5,763 shares of Braze stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $97,567.59. Following the completion of the transaction, the general counsel owned 214,031 shares in the company, valued at $3,623,544.83. The trade was a 2.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Pankaj Malik sold 2,893 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $48,978.49. Following the completion of the sale, the chief accounting officer directly owned 50,679 shares in the company, valued at approximately $857,995.47. This represents a 5.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 60,676 shares of company stock valued at $1,027,661 in the last 90 days. Insiders own 18.20% of the company’s stock.

Institutional Trading of Braze

A number of hedge funds have recently added to or reduced their stakes in BRZE. JPMorgan Chase & Co. increased its holdings in Braze by 6.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company’s stock valued at $69,831,000 after acquiring an additional 139,133 shares in the last quarter. Jefferies Financial Group Inc. grew its position in shares of Braze by 412.2% in the third quarter. Jefferies Financial Group Inc. now owns 99,761 shares of the company’s stock valued at $2,837,000 after purchasing an additional 80,285 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of Braze during the 2nd quarter worth approximately $3,273,000. Optimus Prime Fund Management Co. Ltd. raised its position in shares of Braze by 15.6% during the 3rd quarter. Optimus Prime Fund Management Co. Ltd. now owns 1,780,000 shares of the company’s stock worth $50,623,000 after purchasing an additional 240,000 shares during the last quarter. Finally, Rede Wealth LLC purchased a new position in Braze during the third quarter worth $864,000. 90.47% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q4 revenue beat and strong growth outlook — Revenue came in at $205.17M (up ~27.9% YoY) and topped consensus; management emphasized AI-driven momentum and raised forward revenue expectations, which drove the post-earnings rally. Businesswire: Q4 Results
• Positive Sentiment: Multiple buy ratings/reaffirmations remain — Needham reaffirmed a buy with a $50 PT and Canaccord issued a buy, both supporting upside case despite volatility. These stand as potential support for the stock if execution continues. Benzinga: Needham Reaffirmed AmericanBankingNews: Canaccord Buy
• Neutral Sentiment: Full materials and call transcripts available — Slides, press release and call transcripts were posted (useful for modeling guidance and margin trajectory). Slide Deck / Press Release Seeking Alpha: Call Transcript
• Neutral Sentiment: Short-interest reporting appears unreliable — Several entries show anomalous “0 shares/NaN” figures; treat short-interest signals with caution until clearer data is published.
• Negative Sentiment: EPS miss — Reported EPS was $0.10, below consensus (~$0.14 / $0.115), which raises near-term profitability concerns despite top-line strength. MarketBeat: Earnings Details
• Negative Sentiment: Analyst price-target cuts — Citizens JMP lowered its PT from $68 to $35 (still “market outperform”) and Piper Sandler cut its PT to $27; these reductions are pressuring sentiment despite the continued “buy/overweight” stances. Benzinga: PT Cuts

About Braze

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.