Braze (NASDAQ:BRZE) Updates Q3 2027 Earnings Guidance

Braze (NASDAQ:BRZE) updated its third quarter 2027 earnings guidance on Tuesday. The company provided EPS guidance of 0.130-0.140 for the period, compared to the consensus estimate of 0.090. The company issued revenue guidance of $229.0 million-$230.0 million, compared to the consensus revenue estimate of $227.7 million. Braze also updated its FY 2027 guidance to 0.640-0.650 EPS.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Braze from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Wednesday. Barclays increased their price objective on shares of Braze from $31.00 to $38.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. TD Cowen upped their price target on shares of Braze from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Raymond James Financial boosted their price objective on shares of Braze from $27.00 to $33.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, BTIG Research reissued a “buy” rating and issued a $35.00 target price on shares of Braze in a report on Wednesday. Twenty equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $38.21.

Braze Price Performance

NASDAQ BRZE opened at $23.73 on Thursday. The stock has a market capitalization of $2.67 billion, a P/E ratio of -23.04 and a beta of 0.88. The business has a 50 day simple moving average of $27.58 and a 200 day simple moving average of $23.58. Braze has a one year low of $15.26 and a one year high of $37.33.

Braze (NASDAQ:BRZE) last issued its earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. The company had revenue of $227.23 million for the quarter, compared to analysts’ expectations of $220.27 million. Braze had a negative return on equity of 16.09% and a negative net margin of 13.55%.Braze’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same period last year, the business earned $0.15 EPS. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. Equities analysts expect that Braze will post -0.78 earnings per share for the current year.

Insider Buying and Selling at Braze

In related news, insider Astha Malik sold 33,656 shares of Braze stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $27.65, for a total transaction of $930,588.40. Following the transaction, the insider owned 278,138 shares of the company’s stock, valued at $7,690,515.70. The trade was a 10.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jonathan Hyman sold 42,000 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $32.47, for a total transaction of $1,363,740.00. Following the completion of the sale, the chief technology officer owned 1,143,219 shares of the company’s stock, valued at approximately $37,120,320.93. This trade represents a 3.54% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 203,568 shares of company stock worth $6,096,461. Insiders own 12.50% of the company’s stock.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Strong Q2 results: Braze reported adjusted earnings of $0.19 per share versus the $0.16 consensus estimate, while revenue rose 26.2% year over year to $227.23 million, exceeding expectations of $220.27 million. Management also cited record second-quarter free cash flow and improving operating leverage. Braze Reports Strong Fiscal Second Quarter 2027 Results
• Positive Sentiment: Guidance was raised: Braze increased fiscal 2027 revenue guidance to $910 million-$913 million and adjusted EPS guidance to $0.64-$0.65, above analyst expectations of $898.4 million and $0.35, respectively. Third-quarter revenue and EPS guidance also exceeded consensus estimates. Braze Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Analysts remain constructive: TD Cowen reaffirmed its Buy rating, while DA Davidson maintained Buy with a $40 price target. Stephens, Piper Sandler, BTIG Research and Citizens JMP also reiterated positive ratings or raised targets, citing AI-driven product adoption, enterprise expansion and attractive valuation. TD Cowen Reaffirms Buy Rating
• Neutral Sentiment: Strategic trends are mixed: AI adoption and vendor consolidation could benefit Braze’s platform, but competitive shifts and customer budget scrutiny may affect growth and sales execution. BRZE Q2 Deep Dive
• Negative Sentiment: Profit outlook overshadowed the beat: Investors appeared concerned that expected third-quarter profit growth was softer than hoped, prompting a sharp post-earnings decline. JPMorgan lowered its price target from $35 to $34, although it retained an Overweight rating. Braze Stock Plummets After Disappointing Profit Outlook

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Braze by 4.5% during 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 purchasing an additional 1,700 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of 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 in the last quarter. Prudential Financial Inc. purchased a new position in shares of Braze in the second quarter worth about $272,000. Russell Investments Group Ltd. raised its position in shares of 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 purchasing an additional 8,957 shares during the period. Finally, Amundi raised its position in shares of Braze by 8.9% in the second quarter. Amundi now owns 32,581 shares of the company’s stock valued at $918,000 after purchasing an additional 2,657 shares during the period. 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.