Braze’s (BRZE) “Market Outperform” Rating Reiterated at Citizens Jmp

Braze (NASDAQ:BRZE)‘s stock had its “market outperform” rating restated by research analysts at Citizens Jmp in a research report issued on Thursday,Benzinga reports. They currently have a $35.00 target price on the stock. Citizens Jmp’s price objective would suggest a potential upside of 52.71% from the company’s current price.

Other analysts also recently issued reports about the stock. TD Cowen cut their price objective on shares of Braze from $43.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. DA Davidson reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Braze in a research note on Thursday. The Goldman Sachs Group dropped their price target on shares of Braze from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. JPMorgan Chase & Co. boosted their price target on shares of Braze from $32.00 to $33.00 and gave the company an “overweight” rating in a report on Wednesday, March 25th. Finally, Barclays upped their target price on shares of Braze from $29.00 to $31.00 and gave the company an “overweight” rating in a research report on Wednesday, March 25th. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Braze has a consensus rating of “Moderate Buy” and an average target price of $36.05.

Braze Stock Performance

NASDAQ BRZE traded down $1.66 during trading on Thursday, reaching $22.92. The company’s stock had a trading volume of 4,662,203 shares, compared to its average volume of 3,145,011. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of -18.92 and a beta of 0.78. Braze has a twelve month low of $15.26 and a twelve month high of $37.67. The business’s fifty day moving average price is $22.02 and its 200-day moving average price is $24.54.

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

Insider Activity at Braze

In related news, General Counsel Susan Wiseman sold 35,000 shares of the firm’s stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $20.29, for a total value of $710,150.00. Following the sale, the general counsel directly 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 filing with the SEC, which is available through this link. Insiders own 12.50% of the company’s stock.

Institutional Investors Weigh In On Braze

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Braze by 10.0% in the 4th quarter. Vanguard Group Inc. now owns 9,851,050 shares of the company’s stock valued at $337,793,000 after buying an additional 892,635 shares during the last quarter. Champlain Investment Partners LLC increased its holdings in Braze by 10.8% in the 3rd quarter. Champlain Investment Partners LLC now owns 2,687,928 shares of the company’s stock worth $76,445,000 after acquiring an additional 261,351 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Braze by 6.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company’s stock worth $69,831,000 after acquiring an additional 139,133 shares during the last quarter. Battery Management CORP. increased its holdings in Braze by 70.2% in the 3rd quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after acquiring an additional 1,000,000 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in Braze by 28.8% in the 2nd quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock worth $65,197,000 after acquiring an additional 518,103 shares during the last quarter. 90.47% of the stock is owned by hedge funds and other institutional investors.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Braze reported Q1 EPS of $0.10, in line with estimates, while revenue of $211.0 million beat consensus and rose 30.2% year over year. The company also said organic revenue growth accelerated for a fourth straight quarter, supported by demand for its AI-powered customer engagement platform. Article Title
• Positive Sentiment: Braze raised its FY2027 revenue outlook to $895 million-$899 million and guided Q2 EPS and revenue above Wall Street expectations, which signals management confidence in continued growth and improving execution. Article Title
• Neutral Sentiment: Piper Sandler reaffirmed its Overweight rating and set a $27 price target, suggesting modest upside from recent levels and reinforcing a constructive longer-term view. Article Title
• Neutral Sentiment: Short interest data showed no meaningful change, with reported short interest at 0 shares, so there is no evidence that bearish positioning is driving the move. Article Title
• Negative Sentiment: Despite solid results, the stock sold off after earnings, indicating investors may be disappointed by guidance relative to expectations, concerned about profitability, or taking profits after a strong run. 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.