Braze, Inc. (NASDAQ:BRZE) Receives $44.30 Consensus Price Target from Analysts

Shares of Braze, Inc. (NASDAQ:BRZE) have received a consensus rating of “Moderate Buy” from the twenty-three research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, twenty have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $44.30.

A number of brokerages have weighed in on BRZE. Piper Sandler cut their target price on shares of Braze from $50.00 to $30.00 and set an “overweight” rating on the stock in a research report on Monday, February 2nd. Oppenheimer reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Braze in a report on Wednesday, December 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Braze in a research report on Monday, December 29th. Barclays boosted their price target on Braze from $39.00 to $45.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th. Finally, Mizuho raised their price objective on shares of Braze from $45.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, December 10th.

Braze Stock Up 1.6%

Shares of BRZE stock opened at $17.59 on Thursday. Braze has a twelve month low of $15.26 and a twelve month high of $43.89. The business has a fifty day simple moving average of $25.41 and a 200 day simple moving average of $27.53. The company has a market cap of $1.97 billion, a P/E ratio of -15.99 and a beta of 1.07.

Braze (NASDAQ:BRZE) last posted its earnings results on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. The firm had revenue of $190.84 million during the quarter, compared to analysts’ expectations of $198.25 million. Braze had a negative net margin of 16.85% and a negative return on equity of 17.87%. The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 earnings per share. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. As a group, equities research analysts anticipate that Braze will post -0.98 earnings per share for the current fiscal year.

Insider Activity at Braze

In related news, CAO Pankaj Malik sold 5,540 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $35.76, for a total value of $198,110.40. Following the sale, the chief accounting officer owned 53,572 shares of the company’s stock, valued at $1,915,734.72. The trade was a 9.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Jonathan Hyman sold 7,391 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $125,129.63. Following the transaction, the chief technology officer directly owned 1,692,933 shares of the company’s stock, valued at approximately $28,661,355.69. This represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 66,216 shares of company stock valued at $1,225,772 in the last quarter. Insiders own 18.20% of the company’s stock.

Hedge Funds Weigh In On Braze

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Arizona State Retirement System increased its position in shares of Braze by 1.7% during the third quarter. Arizona State Retirement System now owns 21,749 shares of the company’s stock worth $619,000 after acquiring an additional 363 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its stake in Braze by 2.4% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 19,621 shares of the company’s stock valued at $551,000 after purchasing an additional 461 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in Braze by 34.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,843 shares of the company’s stock valued at $52,000 after purchasing an additional 471 shares during the last quarter. CWM LLC increased its holdings in Braze by 9.7% during the 2nd quarter. CWM LLC now owns 6,009 shares of the company’s stock worth $169,000 after purchasing an additional 532 shares in the last quarter. Finally, Clearstead Advisors LLC raised its stake in shares of 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 purchasing an additional 620 shares during the last quarter. 90.47% of the stock is owned by institutional investors and hedge funds.

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.