Cantor Fitzgerald restated their overweight rating on shares of Braze (NASDAQ:BRZE – Free Report) in a research report released on Wednesday,Benzinga reports. They currently have a $38.00 price target on the stock.
Several other equities research analysts also recently weighed in on the company. Stifel Nicolaus set a $40.00 price target on Braze in a report on Monday, February 9th. Wells Fargo & Company lifted their price objective on shares of Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. Needham & Company LLC reissued a “buy” rating and set a $50.00 price objective on shares of Braze in a report on Wednesday. Barclays upped their target price on Braze from $29.00 to $31.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Citizens Jmp decreased their target price on Braze from $68.00 to $35.00 and set a “market outperform” rating for the company in a report on Wednesday. Twenty-two 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $36.67.
Get Our Latest Research Report on Braze
Braze Stock Down 1.3%
Braze (NASDAQ:BRZE – Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.04). Braze had a negative return on equity of 18.75% and a negative net margin of 17.78%.The firm had revenue of $205.17 million for the quarter, compared to the consensus estimate of $198.23 million. During the same quarter last year, the firm earned $0.12 EPS. The company’s revenue was up 27.9% compared to the same quarter last year. Equities analysts expect that Braze will post -0.98 earnings per share for the current year.
Insider Buying and Selling at Braze
In other news, CAO Pankaj Malik sold 2,893 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $48,978.49. Following the completion of the sale, the chief accounting officer directly owned 50,679 shares in the company, valued at $857,995.47. This represents a 5.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Susan Wiseman sold 4,167 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $17.03, for a total transaction of $70,964.01. Following the completion of the sale, the general counsel owned 209,864 shares of the company’s stock, valued at approximately $3,573,983.92. The trade was a 1.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 60,676 shares of company stock valued at $1,027,661. 18.20% of the stock is owned by company insiders.
Institutional Investors Weigh In On Braze
A number of hedge funds have recently modified their holdings of BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Braze by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock worth $1,415,000 after buying an additional 1,700 shares during the last quarter. Intech Investment Management LLC lifted its position in Braze by 18.8% in the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock valued at $1,453,000 after buying an additional 6,379 shares during the last quarter. Police & Firemen s Retirement System of New Jersey lifted its position in Braze by 24.0% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 17,464 shares of the company’s stock valued at $491,000 after buying an additional 3,384 shares during the last quarter. SG Americas Securities LLC boosted its stake in Braze by 17.9% during the second quarter. SG Americas Securities LLC now owns 14,857 shares of the company’s stock worth $417,000 after buying an additional 2,253 shares during the period. Finally, Magnetar Financial LLC purchased a new position in Braze during the second quarter worth about $331,000. Hedge funds and other institutional investors own 90.47% of the company’s stock.
More Braze News
Here are the key news stories impacting Braze this week:
- Positive Sentiment: Company reported a hot quarter with ~28% revenue growth, a swollen backlog/RPO (~$1B) and raised FY2027 revenue and EPS guidance, which drove initial buying interest. Braze Stock Rallies as Revenue Beats, Buybacks Begin, and Outlook Jumps
- Positive Sentiment: Board authorized $100M in buybacks including a $50M accelerated share repurchase (ASR) — a direct capital-return step that reduces float and supported the rally. Braze Stock Rallies as Revenue Beats, Buybacks Begin, and Outlook Jumps
- Positive Sentiment: Several firms raised ratings/targets or reiterated bullish views (e.g., DA Davidson raised its target), bolstering momentum and drawing institutional buying. Braze price target raised to $33 from $30 at DA Davidson
- Neutral Sentiment: Unusually high options activity was noted around BRZE, indicating elevated speculative positioning and potential for sharper intraday moves independent of fundamentals. Braze Target of Unusually High Options Trading (NASDAQ:BRZE)
- Neutral Sentiment: Market roundups and coverage (MSN, MarketBeat, Motley Fool) amplified the story — increasing attention can magnify short-term swings but doesn’t change the underlying fundamentals. 10 Stocks Dominating The Market Today: Best Buy, Figma, Navan, and More
- Negative Sentiment: Multiple brokerages trimmed price targets or lowered expectations (UBS, Stifel, Citigroup, Oppenheimer and others reported cuts), creating mixed analyst signals despite some upgrades — a source of selling pressure for some investors. UBS Group Lowers Braze (NASDAQ:BRZE) Price Target to $28.00
- Negative Sentiment: Although revenue beat, margins and prior EPS misses keep some investors cautious; the shares remain volatile as the market digests whether AI-driven demand and margin improvement will sustainably lift profitability. Why Braze Stock Surged Today
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.
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