Braze (NASDAQ:BRZE) Price Target Cut to $30.00 by Analysts at DA Davidson

Braze (NASDAQ:BRZE) had its price target cut by DA Davidson from $42.00 to $30.00 in a report released on Friday,Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also issued research reports about the company. 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. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price objective on shares of Braze in a research note on Wednesday, January 14th. Mizuho boosted their price objective on shares of Braze from $45.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, December 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Braze in a research note on Monday, December 29th. Finally, Wolfe Research upgraded shares of Braze to an “overweight” rating in a report on Wednesday, December 10th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $41.48.

Braze Price Performance

NASDAQ:BRZE opened at $18.33 on Friday. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of -16.66 and a beta of 1.08. Braze has a 1 year low of $15.26 and a 1 year high of $43.89. The business has a 50 day simple moving average of $20.40 and a 200-day simple moving average of $26.73.

Insider Buying and Selling

In other news, General Counsel Susan Wiseman sold 5,763 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $97,567.59. Following the transaction, the general counsel directly owned 214,031 shares in the company, valued at approximately $3,623,544.83. This represents a 2.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Jonathan Hyman sold 7,391 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $125,129.63. Following the completion of the sale, the chief technology officer directly owned 1,692,933 shares of the company’s stock, valued at approximately $28,661,355.69. This trade represents a 0.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 60,676 shares of company stock worth $1,027,661 over the last ninety days. Corporate insiders own 18.20% of the company’s stock.

Institutional Investors Weigh In On Braze

Several hedge funds have recently made changes to their positions in the company. NBC Securities Inc. bought a new position in shares of Braze during the 4th quarter worth $27,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock valued at $28,000 after buying an additional 803 shares during the period. Osaic Holdings Inc. raised its holdings in shares of Braze by 821.1% in the second quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock valued at $44,000 after acquiring an additional 1,404 shares in the last quarter. Quarry LP purchased a new stake in Braze in the third quarter worth about $46,000. Finally, Clearstead Advisors LLC lifted its stake in Braze by 58.2% in the third quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock worth $48,000 after acquiring an additional 620 shares during the period. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst/fundamental support: A recent piece highlights replacement-cycle trends and evolving fundamentals as supportive for Braze and notes J.P. Morgan kept an Overweight stance even after trimming its price target — a sign some sell-side analysts still view the business favorably. Replacement Cycle Trends and Evolving Fundamentals Offer Support to Braze (InsiderMonkey)
• Neutral Sentiment: Bullish consensus metric: Aggregate analyst targets imply a large upside (Zacks highlights a consensus suggesting ~126% upside), which can attract long-term value or momentum buyers even if the metric is volatile. Wall Street Analysts See a 126.44% Upside in Braze (Zacks)
• Neutral Sentiment: Short-interest data appears anomalous/erroneous in recent reports (system shows zero shares or NaN for March filings). Treat reported “large increase” notes with caution until corrected filings confirm true short volume. (No reliable external link provided.)
• Negative Sentiment: TD Cowen cut its price target from $43 to $30 but kept a Buy rating — the lower target increases near-term selling pressure. TD Cowen price-target cut (Benzinga)
• Negative Sentiment: DA Davidson trimmed its target from $42 to $30 while maintaining a Buy — another downward revision adding to negative sentiment. DA Davidson price-target cut (Benzinga)
• Negative Sentiment: BTIG reduced its target from $45 to $25 (still a Buy), representing the most aggressive cut among recent brokers and likely contributing to the intraday decline. BTIG price-target cut (Benzinga)

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.