Braze (NASDAQ:BRZE) Receives “Overweight” Rating from Cantor Fitzgerald

Braze (NASDAQ:BRZE)‘s stock had its “overweight” rating restated by research analysts at Cantor Fitzgerald in a research note issued on Thursday,Benzinga reports. They presently have a $38.00 price target on the stock. Cantor Fitzgerald’s price target would indicate a potential upside of 65.29% from the company’s current price.

Several other analysts have also recently weighed in on the stock. Oppenheimer decreased their price objective on shares of Braze from $40.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 25th. 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. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price target on shares of Braze in a report on Wednesday, March 25th. Canaccord Genuity Group set a $35.00 price objective on Braze in a research report on Thursday. Finally, DA Davidson restated a “buy” rating and set a $33.00 target price on shares of Braze in a report on Thursday. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $36.05.

Braze Trading Down 6.5%

BRZE traded down $1.59 on Thursday, hitting $22.99. 2,876,636 shares of the stock traded hands, compared to its average volume of 3,126,948. The business has a fifty day moving average price of $22.02 and a two-hundred day moving average price of $24.54. The firm has a market capitalization of $2.61 billion, a PE ratio of -18.83 and a beta of 0.78. Braze has a 52 week low of $15.26 and a 52 week high of $37.67.

Braze (NASDAQ:BRZE) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.10 EPS for the quarter, hitting analysts’ consensus estimates of $0.10. The company had revenue of $211.00 million during the quarter, compared to the consensus estimate of $205.19 million. Braze had a negative net margin of 17.78% and a negative return on equity of 18.75%. The firm’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period last year, the firm earned $0.07 EPS. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. On average, equities research analysts forecast that Braze will post -0.87 EPS for the current fiscal year.

Insider Transactions at Braze

In other news, General Counsel Susan Wiseman sold 35,000 shares of the business’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $20.29, for a total value of $710,150.00. Following the completion of the transaction, the general counsel owned 209,424 shares of the company’s stock, valued at $4,249,212.96. The trade was a 14.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 12.50% of the company’s stock.

Institutional Investors Weigh In On Braze

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of 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 purchasing an additional 892,635 shares during the period. Champlain Investment Partners LLC boosted its position in shares of Braze by 10.8% during the third quarter. Champlain Investment Partners LLC now owns 2,687,928 shares of the company’s stock worth $76,445,000 after buying an additional 261,351 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Braze by 6.0% during the third quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company’s stock worth $69,831,000 after buying an additional 139,133 shares in the last quarter. Battery Management CORP. grew its holdings in shares of Braze by 70.2% during the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after buying an additional 1,000,000 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in Braze by 28.8% in the 2nd quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock valued at $65,197,000 after buying an additional 518,103 shares during the last quarter. 90.47% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Braze

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.