Braze, Inc. (NASDAQ:BRZE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Braze, Inc. (NASDAQ:BRZE) has been assigned a consensus rating of “Moderate Buy” from the twenty-four research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and twenty-two have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $36.1429.

Several equities research analysts have recently weighed in on BRZE shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $38.00 price target on shares of Braze in a research note on Thursday, May 28th. Citizens Jmp reissued a “market outperform” rating and issued a $35.00 price target on shares of Braze in a research note on Thursday, May 28th. UBS Group reissued an “outperform” rating on shares of Braze in a research note on Thursday, May 28th. DA Davidson reissued a “buy” rating and issued a $33.00 price target on shares of Braze in a research note on Thursday, May 28th. Finally, BTIG Research reissued a “buy” rating and issued a $30.00 price target on shares of Braze in a research note on Tuesday, May 26th.

Braze Stock Down 8.3%

Shares of Braze stock opened at $23.56 on Friday. Braze has a twelve month low of $15.26 and a twelve month high of $37.67. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of -21.04 and a beta of 0.83. The company’s fifty day moving average is $22.66 and its 200 day moving average is $24.42.

Braze (NASDAQ:BRZE) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. Braze had a negative net margin of 15.51% and a negative return on equity of 17.52%. The company had revenue of $211.00 million for the quarter, compared to analysts’ expectations of $205.19 million. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Braze’s revenue for the quarter was up 30.2% on a year-over-year basis. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. As a group, equities analysts anticipate that Braze will post -0.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Braze

In related news, General Counsel Susan Wiseman sold 35,000 shares of the business’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $20.29, for a total value of $710,150.00. Following the transaction, the general counsel owned 209,424 shares in the company, valued at $4,249,212.96. The trade was a 14.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 12.50% of the company’s stock.

Hedge Funds Weigh In On Braze

Several hedge funds and other institutional investors have recently bought and sold shares of BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Braze by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock valued at $1,415,000 after buying an additional 1,700 shares during the period. Intech Investment Management LLC lifted its holdings in Braze by 18.8% in the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock valued at $1,453,000 after buying an additional 6,379 shares during the period. Prudential Financial Inc. acquired a new position in Braze in the second quarter valued at $272,000. Russell Investments Group Ltd. lifted its holdings in Braze by 1,353.0% in the second quarter. Russell Investments Group Ltd. now owns 9,619 shares of the company’s stock valued at $270,000 after buying an additional 8,957 shares during the period. Finally, Amundi lifted its holdings in Braze by 8.9% in the second quarter. Amundi now owns 32,581 shares of the company’s stock valued at $918,000 after buying an additional 2,657 shares during the period. Institutional investors and hedge funds 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.