Braze’s (BRZE) Buy Rating Reiterated at BTIG Research

BTIG Research reissued their buy rating on shares of Braze (NASDAQ:BRZE) in a research note issued to investors on Wednesday morning, Marketbeat reports. BTIG Research currently has a $35.00 price target on the stock.

A number of other research firms have also weighed in on BRZE. Oppenheimer raised their price target on shares of Braze from $30.00 to $36.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. UBS Group set a $37.00 price objective on shares of Braze in a research note on Wednesday. Stifel Nicolaus set a $30.00 target price on shares of Braze in a research report on Thursday, May 28th. The Goldman Sachs Group set a $34.00 target price on Braze and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Braze in a research report on Wednesday. Twenty equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $38.21.

Braze Stock Down 1.3%

Shares of NASDAQ:BRZE opened at $23.94 on Wednesday. The business’s 50 day moving average is $27.60 and its 200 day moving average is $23.64. Braze has a 12-month low of $15.26 and a 12-month high of $37.33. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of -23.24 and a beta of 0.88. The company has a quick ratio of 1.24, a current ratio of 1.27 and a debt-to-equity ratio of 0.02.

Braze (NASDAQ:BRZE) last issued its quarterly earnings data on Tuesday, September 8th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.03. The business had revenue of $227.23 million for the quarter, compared to analysts’ expectations of $220.27 million. Braze had a negative return on equity of 16.11% and a negative net margin of 13.55%.The business’s revenue was up 26.2% on a year-over-year basis. During the same period last year, the business earned $0.15 EPS. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. On average, sell-side analysts forecast that Braze will post -0.77 earnings per share for the current fiscal year.

Insider Transactions at Braze

In other Braze news, CRO Edward M. Mcdonnell sold 29,732 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $31.38, for a total transaction of $932,990.16. Following the completion of the transaction, the executive directly owned 409,630 shares of the company’s stock, valued at approximately $12,854,189.40. This represents a 6.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Astha Malik sold 15,724 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $29.57, for a total value of $464,958.68. Following the completion of the sale, the insider directly owned 326,233 shares of the company’s stock, valued at $9,646,709.81. This represents a 4.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 203,568 shares of company stock worth $6,096,461 in the last quarter. Insiders own 12.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Battery Management CORP. raised its stake in Braze by 70.2% in the 3rd quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after acquiring an additional 1,000,000 shares during the period. Alliancebernstein L.P. boosted its position in Braze by 28.8% during the second quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock worth $65,197,000 after purchasing an additional 518,103 shares during the period. Westfield Capital Management Co. LP increased its stake in shares of Braze by 0.4% in the fourth quarter. Westfield Capital Management Co. LP now owns 2,187,275 shares of the company’s stock worth $75,002,000 after purchasing an additional 9,322 shares in the last quarter. Alyeska Investment Group L.P. increased its stake in shares of Braze by 592.4% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock worth $72,181,000 after purchasing an additional 1,801,019 shares in the last quarter. Finally, State Street Corp raised its position in shares of Braze by 5.0% in the fourth quarter. State Street Corp now owns 2,084,626 shares of the company’s stock valued at $71,482,000 after purchasing an additional 99,563 shares during the period. Institutional investors own 90.47% of the company’s stock.

Key Headlines Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst support remains strong. Piper Sandler reiterated its Overweight rating, while Citizens JMP maintained “Market Outperform,” BTIG Research reiterated “Buy,” and D.A. Davidson also issued a Buy rating. TD Cowen likewise reaffirmed its Buy recommendation. Piper Sandler Reaffirms Overweight Rating for Braze
• Positive Sentiment: Strong quarterly execution provides support. Braze reported quarterly earnings of $0.19 per share versus the $0.16 consensus estimate, while revenue of $227.2 million exceeded expectations of $220.3 million and increased 26.2% year over year. Analysts cited revenue growth and improving net retention as reasons the selloff could represent a buying opportunity. Why Braze’s Guidance Miss May Be a Gift for Investors
• Positive Sentiment: Stephens expects substantial upside for BRZE, adding to the favorable analyst outlook. Stephens Forecasts Strong Price Appreciation for Braze
• Neutral Sentiment: JPMorgan lowered its price target to $34, but the revised target remains above the stock’s recent trading level, suggesting reduced expectations rather than a bearish call. JPMorgan Lowers Braze Price Target
• Neutral Sentiment: Braze presented at Citi’s 2026 Global TMT Conference, potentially giving investors additional information on strategy and growth, though no specific new financial catalyst was reported. Braze Citi Conference Transcript
• Negative Sentiment: Soft third-quarter profit guidance triggered the recent decline. The weaker outlook overshadowed the second-quarter earnings and revenue beats, raising concerns about near-term growth and profitability. Braze Dips on Weak Q3 Profit Outlook
• Negative Sentiment: Put-option activity was unusually high, with 5,672 puts purchased—180% above average—indicating increased near-term hedging or bearish speculation.

About Braze

Braze, Inc is a customer engagement software company that helps businesses build and manage personalized interactions with consumers. Its platform enables organizations to collect and analyze customer data, create audience segments, and coordinate marketing campaigns across multiple digital channels.

The Braze platform supports messaging through mobile and web push notifications, in-app messages, email, SMS, and other communication channels. It also provides tools for campaign orchestration, automation, experimentation, analytics, and artificial intelligence to help brands deliver more relevant and timely customer experiences.

Founded in 2011 as Appboy, the company later adopted the Braze name as it expanded its customer engagement offerings.