Braze (NASDAQ:BRZE) Given Overweight Rating at Piper Sandler

Braze (NASDAQ:BRZE)‘s stock had its “overweight” rating reissued by investment analysts at Piper Sandler in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $27.00 price target on the stock. Piper Sandler’s price target points to a potential upside of 9.85% from the stock’s previous close.

Several other analysts have also commented on the company. BTIG Research reaffirmed a “buy” rating and issued a $30.00 price target on shares of Braze in a research note on Tuesday. Stifel Nicolaus reduced their price objective on Braze from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Mizuho set a $32.00 price objective on Braze in a research note on Thursday. Needham & Company LLC reissued a “buy” rating and issued a $50.00 price objective on shares of Braze in a research note on Wednesday, March 25th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $38.00 price objective on shares of Braze in a research note on Wednesday, March 25th. Twenty-two equities 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 company. According to data from MarketBeat, Braze presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.52.

Braze Price Performance

Shares of BRZE stock opened at $24.58 on Thursday. The stock’s fifty day simple moving average is $22.02 and its 200 day simple moving average is $24.54. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of -20.15 and a beta of 0.78. Braze has a one year low of $15.26 and a one year high of $37.67.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10. The business had revenue of $211.00 million for the quarter, compared to analyst estimates of $205.19 million. Braze had a negative return on equity of 18.75% and a negative net margin of 17.78%.Braze’s quarterly revenue was up 30.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.07 EPS. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. On average, research analysts anticipate that Braze will post -0.87 earnings per share for the current year.

Insider Buying and Selling

In other news, General Counsel Susan Wiseman sold 35,000 shares of the company’s stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $20.29, for a total transaction of $710,150.00. Following the transaction, the general counsel owned 209,424 shares of the company’s stock, valued at $4,249,212.96. This represents a 14.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 12.50% of the company’s stock.

Hedge Funds Weigh In On Braze

Several large investors have recently made changes to their positions in BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of 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 acquiring an additional 1,700 shares during the period. Intech Investment Management LLC lifted its stake in shares of Braze by 18.8% during the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock valued at $1,453,000 after acquiring an additional 6,379 shares during the period. Prudential Financial Inc. acquired a new position in shares of Braze during the second quarter valued at $272,000. Russell Investments Group Ltd. lifted its stake in shares of Braze by 1,353.0% during the second quarter. Russell Investments Group Ltd. now owns 9,619 shares of the company’s stock valued at $270,000 after acquiring an additional 8,957 shares during the period. Finally, Amundi lifted its stake in shares of Braze by 8.9% during the second quarter. Amundi now owns 32,581 shares of the company’s stock valued at $918,000 after acquiring an additional 2,657 shares during the period. Institutional investors and hedge funds own 90.47% of the company’s stock.

Trending Headlines about Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Braze reported Q1 earnings of $0.10 per share, in line with estimates, while revenue of $211.0 million topped expectations and rose 30.2% year over year, signaling continued demand for its customer engagement platform. Article Title
• Positive Sentiment: The company raised its FY2027 revenue outlook to $895 million-$899 million and guided Q2 revenue above Wall Street estimates, suggesting management sees accelerating business momentum. Article Title
• Positive Sentiment: Management highlighted fourth straight quarter of organic revenue growth acceleration and strong AI-driven demand, which may help support the stock if investors believe the growth story is improving. Article Title
• Neutral Sentiment: Several earnings recaps and transcript pieces mainly reiterate the same results and call commentary, with analysts now weighing the impact of AI momentum against Braze’s valuation. Article Title
• Neutral Sentiment: BTIG reaffirmed a Buy rating and set a $30 price target, which supports the bullish case but does not materially change the near-term earnings narrative. Article Title
• Negative Sentiment: Despite the upbeat revenue and guidance, one report noted the stock fell sharply after the release, likely reflecting investor concern about profitability, margin pressure, and whether the growth rate can justify the valuation. Article Title

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.