Braze (NASDAQ:BRZE) Releases Q1 2025 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.110–0.100 for the period, compared to the consensus estimate of -0.050. The company issued revenue guidance of $131.0 million-$132.0 million, compared to the consensus revenue estimate of $127.8 million. Braze also updated its FY 2025 guidance to -0.120–0.080 EPS.

Braze Stock Up 2.3 %

Shares of NASDAQ BRZE traded up $1.16 during midday trading on Wednesday, hitting $50.58. 1,549,469 shares of the company’s stock were exchanged, compared to its average volume of 725,473. Braze has a 12 month low of $25.76 and a 12 month high of $61.53. The company’s 50 day moving average price is $55.12 and its 200 day moving average price is $51.25. The firm has a market capitalization of $5.05 billion, a PE ratio of -36.02 and a beta of 1.21.

Analyst Ratings Changes

BRZE has been the subject of several research analyst reports. Scotiabank lifted their target price on Braze from $54.00 to $65.00 and gave the stock a sector perform rating in a research note on Thursday, December 7th. UBS Group raised Braze from a neutral rating to a buy rating and set a $62.00 price target for the company in a report on Thursday, March 21st. Raymond James lifted their price target on Braze from $52.00 to $75.00 and gave the stock an outperform rating in a report on Thursday, December 7th. DA Davidson reissued a buy rating and set a $65.00 price target on shares of Braze in a report on Monday. Finally, The Goldman Sachs Group lifted their price target on Braze from $55.00 to $63.00 and gave the stock a buy rating in a report on Thursday, December 7th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, Braze presently has an average rating of Moderate Buy and an average target price of $63.76.

Insider Activity

In related news, CTO Jonathan Hyman sold 15,000 shares of the business’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $54.51, for a total transaction of $817,650.00. Following the sale, the chief technology officer now owns 129,830 shares in the company, valued at approximately $7,077,033.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CTO Jonathan Hyman sold 15,000 shares of the business’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $54.51, for a total transaction of $817,650.00. Following the sale, the chief technology officer now owns 129,830 shares in the company, valued at approximately $7,077,033.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Isabelle Winkles sold 5,489 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $57.51, for a total value of $315,672.39. Following the sale, the chief financial officer now owns 282,564 shares in the company, valued at approximately $16,250,255.64. The disclosure for this sale can be found here. In the last quarter, insiders have sold 90,471 shares of company stock worth $5,013,803. Insiders own 26.48% of the company’s stock.

Institutional Investors Weigh In On Braze

A number of institutional investors have recently made changes to their positions in the stock. Creative Planning grew its position in shares of Braze by 1.2% in the 4th quarter. Creative Planning now owns 21,827 shares of the company’s stock valued at $1,160,000 after buying an additional 249 shares during the last quarter. Voya Investment Management LLC lifted its stake in shares of Braze by 1.5% in the 4th quarter. Voya Investment Management LLC now owns 20,814 shares of the company’s stock valued at $1,106,000 after purchasing an additional 299 shares during the period. Legal & General Group Plc lifted its stake in shares of Braze by 4.3% in the 4th quarter. Legal & General Group Plc now owns 8,303 shares of the company’s stock valued at $227,000 after purchasing an additional 340 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Braze by 70.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,406 shares of the company’s stock valued at $66,000 after purchasing an additional 579 shares during the period. Finally, Comerica Bank lifted its stake in shares of Braze by 377.2% in the 4th quarter. Comerica Bank now owns 940 shares of the company’s stock valued at $50,000 after purchasing an additional 743 shares during the period. Institutional investors own 90.47% of the company’s stock.

Braze Company Profile

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers data ingestion products, such as Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; partner cohort syncing, which allow brands to sync user cohorts from partners; and Braze Cloud Data Ingestion that enables brands to harness their customer data.