Braze (NASDAQ:BRZE) Price Target Lowered to $40.00 at The Goldman Sachs Group

Braze (NASDAQ:BRZE) had its target price reduced by stock analysts at The Goldman Sachs Group from $45.00 to $40.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of 86.23% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $38.00 price target on shares of Braze in a research report on Wednesday. TD Cowen dropped their price objective on Braze from $43.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. Wolfe Research upgraded Braze to an “overweight” rating in a report on Wednesday, December 10th. DA Davidson decreased their target price on Braze from $42.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Finally, Mizuho lowered their price target on Braze from $50.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $37.00.

Braze Stock Up 19.2%

NASDAQ BRZE traded up $3.46 on Wednesday, reaching $21.48. The company had a trading volume of 7,019,129 shares, compared to its average volume of 3,042,169. The stock’s 50 day moving average is $19.95 and its 200-day moving average is $26.57. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of -19.55 and a beta of 1.08. Braze has a 52 week low of $15.26 and a 52 week high of $43.89.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Tuesday, March 24th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Braze had a negative net margin of 16.85% and a negative return on equity of 17.87%. The company had revenue of $205.17 million during the quarter, compared to the consensus estimate of $198.23 million. During the same period last year, the company earned $0.12 earnings per share. The business’s revenue was up 27.9% compared to the same quarter last year. As a group, analysts forecast that Braze will post -0.98 EPS for the current year.

Insiders Place Their Bets

In related news, CEO William Magnuson sold 26,413 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $447,172.09. Following the sale, the chief executive officer directly owned 4,491,098 shares of the company’s stock, valued at approximately $76,034,289.14. The trade was a 0.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Susan Wiseman sold 4,167 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $17.03, for a total value of $70,964.01. Following the transaction, the general counsel owned 209,864 shares of the company’s stock, valued at approximately $3,573,983.92. This trade represents a 1.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 60,676 shares of company stock worth $1,027,661 in the last ninety days. 18.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BRZE. Alyeska Investment Group L.P. lifted its stake in Braze by 592.4% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock valued at $72,181,000 after acquiring an additional 1,801,019 shares in the last quarter. Barclays PLC grew its stake in shares of Braze by 443.0% during the 3rd quarter. Barclays PLC now owns 1,404,395 shares of the company’s stock worth $39,941,000 after acquiring an additional 1,145,748 shares in the last quarter. UBS Group AG grew its stake in shares of Braze by 421.1% during the 3rd quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock worth $36,394,000 after acquiring an additional 1,034,087 shares in the last quarter. Battery Management CORP. raised its holdings in shares of Braze by 70.2% in the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after purchasing an additional 1,000,000 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Braze by 238.2% in the third quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock valued at $38,429,000 after purchasing an additional 951,674 shares during the last quarter. 90.47% of the stock is currently owned by institutional investors.

Braze News Roundup

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q4 revenue beat and upbeat call: Braze reported revenue of $205.2M (≈+27.9% Y/Y) and management emphasized AI-driven engagement momentum and a strong outlook, which traders interpreted as constructive for growth and margin leverage. Business Wire: Q4 Results
• Positive Sentiment: Analyst support remains: Several firms reaffirmed buy/overweight ratings or raised targets (JPMorgan raised its target to $33; Cantor Fitzgerald reaffirmed overweight $38; Barclays nudged its PT to $31; Needham/Canaccord issued buy ratings), signaling continued Wall Street confidence despite mixed data. Benzinga: Analyst Notes
• Positive Sentiment: Unusual options activity: Large call buying (≈8,070 calls, ~92% above average) shows aggressive bullish positioning by traders ahead of/after the print, adding short-term upside pressure.
• Neutral Sentiment: Street commentary and analysis are mixed-but-constructive: Coverage pieces highlight resilient execution and argue AI concerns may be overblown, supporting a longer-term bullish thesis while acknowledging near-term macro/valuation risks. Seeking Alpha: Bullish Take
• Negative Sentiment: EPS miss and valuation trims: Braze missed consensus EPS ($0.10 vs. ~$0.14), and several firms cut price targets (UBS to $28, Stifel to $35, Oppenheimer to $30, Mizuho trimmed its prior PT) — indicating analysts reduced multiples even while keeping constructive ratings. Benzinga: PT Changes

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.