Braze (NASDAQ:BRZE) Releases Q2 2027 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.150-0.160 for the period, compared to the consensus estimate of 0.070. The company issued revenue guidance of $219.5 million-$220.5 million, compared to the consensus revenue estimate of $216.4 million.

Braze Trading Down 3.4%

Shares of Braze stock traded down $0.87 during trading hours on Wednesday, hitting $24.58. 5,427,110 shares of the company were exchanged, compared to its average volume of 3,149,009. Braze has a 1 year low of $15.26 and a 1 year high of $37.67. The business has a 50-day moving average of $21.91 and a 200-day moving average of $24.55. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of -20.15 and a beta of 0.78.

Braze (NASDAQ:BRZE) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. The firm had revenue of $211.00 million during the quarter, compared to analysts’ expectations of $205.19 million. Braze had a negative return on equity of 18.75% and a negative net margin of 17.78%.Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. As a group, research analysts anticipate that Braze will post -0.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $38.00 price objective on shares of Braze in a research report on Wednesday, March 25th. Canaccord Genuity Group reissued a “buy” rating and issued a $43.00 target price on shares of Braze in a report on Monday, March 23rd. Mizuho lowered their target price on Braze from $50.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, March 25th. UBS Group lowered their target price on Braze from $43.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $35.00 target price on shares of Braze in a report on Wednesday, April 29th. Twenty-two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $36.90.

Insiders Place Their Bets

In related news, General Counsel Susan Wiseman sold 35,000 shares of the 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 sale, the general counsel owned 209,424 shares of the company’s stock, valued at $4,249,212.96. This trade represents a 14.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 18.20% of the company’s stock.

Institutional Trading of Braze

A number of large investors have recently made changes to their positions in the stock. Invesco Ltd. boosted its stake in shares of Braze by 9.5% during the fourth quarter. Invesco Ltd. now owns 97,486 shares of the company’s stock valued at $3,343,000 after acquiring an additional 8,495 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Braze by 7.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,878 shares of the company’s stock valued at $784,000 after acquiring an additional 1,582 shares during the last quarter. Papamarkou Wellner Asset Management inc. acquired a new stake in shares of Braze during the fourth quarter valued at $331,000. XTX Topco Ltd boosted its stake in shares of Braze by 212.3% during the fourth quarter. XTX Topco Ltd now owns 22,517 shares of the company’s stock valued at $772,000 after acquiring an additional 15,306 shares during the last quarter. Finally, Twinbeech Capital LP boosted its stake in shares of Braze by 548.7% during the fourth quarter. Twinbeech Capital LP now owns 72,841 shares of the company’s stock valued at $2,498,000 after acquiring an additional 61,613 shares during the last quarter. 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.