Braze (NASDAQ:BRZE – Free Report) had its target price lowered by Mizuho from $50.00 to $40.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an outperform rating on the stock.
BRZE has been the subject of several other research reports. DA Davidson dropped their price target on shares of Braze from $42.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, March 20th. Stifel Nicolaus set a $40.00 price target on shares of Braze in a report on Monday, February 9th. Canaccord Genuity Group restated a “buy” rating and set a $43.00 price objective on shares of Braze in a report on Monday, March 23rd. TD Cowen cut their target price on Braze from $43.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Finally, JPMorgan Chase & Co. lifted their target price on Braze from $32.00 to $33.00 and gave the company an “overweight” rating in a report on Wednesday. Twenty-two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.67.
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Braze Price Performance
Braze (NASDAQ:BRZE – Get Free Report) last announced its quarterly earnings data on Tuesday, March 24th. The company reported $0.10 earnings per share 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 company had revenue of $205.17 million for the quarter, compared to analysts’ expectations of $198.23 million. During the same quarter in the previous year, the company earned $0.12 earnings per share. The company’s revenue was up 27.9% on a year-over-year basis. Equities research analysts anticipate that Braze will post -0.98 earnings per share for the current year.
Insider Activity at Braze
In related news, CEO William Magnuson sold 26,413 shares of Braze stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $447,172.09. Following the transaction, the chief executive officer owned 4,491,098 shares in the company, 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 link. Also, insider Astha Malik sold 14,049 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $237,849.57. Following the sale, the insider directly owned 205,289 shares of the company’s stock, valued at approximately $3,475,542.77. This trade represents a 6.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 60,676 shares of company stock valued at $1,027,661 over the last quarter. Company insiders own 18.20% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. NBC Securities Inc. acquired a new position in shares of Braze in the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd boosted its holdings in Braze by 3,650.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock valued at $28,000 after purchasing an additional 803 shares during the last quarter. Osaic Holdings Inc. grew its stake in Braze by 821.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock valued at $44,000 after purchasing an additional 1,404 shares in the last quarter. Quarry LP acquired a new stake in Braze during the 3rd quarter valued at approximately $46,000. Finally, Clearstead Advisors LLC increased its holdings in Braze by 58.2% during the 3rd 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 hedge funds and other institutional investors.
Braze News Summary
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
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.
Further Reading
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