Research Analysts Issue Forecasts for Braze FY2025 Earnings

Braze, Inc. (NASDAQ:BRZE) – Stock analysts at DA Davidson lifted their FY2025 earnings per share estimates for shares of Braze in a research note issued on Tuesday, December 10th. DA Davidson analyst G. Luria now forecasts that the company will earn ($0.98) per share for the year, up from their prior estimate of ($1.02). DA Davidson has a “Buy” rating and a $50.00 price target on the stock. The consensus estimate for Braze’s current full-year earnings is ($1.02) per share. DA Davidson also issued estimates for Braze’s FY2026 earnings at ($0.91) EPS.

Several other analysts also recently issued reports on the company. Stifel Nicolaus boosted their price target on Braze from $37.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday. Macquarie boosted their target price on shares of Braze from $30.00 to $39.00 and gave the company a “neutral” rating in a research report on Wednesday. Oppenheimer reaffirmed an “outperform” rating and set a $51.00 price target on shares of Braze in a research report on Tuesday. Piper Sandler raised their price objective on Braze from $40.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, UBS Group reduced their target price on Braze from $56.00 to $51.00 and set a “buy” rating on the stock in a report on Wednesday, September 25th. One analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Based on data from MarketBeat, Braze has an average rating of “Moderate Buy” and an average price target of $53.74.

Braze Stock Performance

NASDAQ BRZE opened at $42.01 on Thursday. Braze has a 52-week low of $29.18 and a 52-week high of $61.53. The firm has a 50-day moving average of $34.90 and a 200-day moving average of $37.32. The stock has a market cap of $4.32 billion, a PE ratio of -36.85 and a beta of 1.15.

Insider Activity

In other Braze news, major shareholder Roger H. Lee sold 56,830 shares of the firm’s stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $30.27, for a total transaction of $1,720,244.10. Following the completion of the transaction, the insider now owns 56,830 shares in the company, valued at approximately $1,720,244.10. This trade represents a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Fernando Machado sold 1,377 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $30.65, for a total transaction of $42,205.05. Following the completion of the sale, the director now directly owns 8,937 shares in the company, valued at approximately $273,919.05. This represents a 13.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 113,979 shares of company stock valued at $3,688,914 over the last quarter. 24.03% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BRZE. Virtu Financial LLC acquired a new stake in Braze during the third quarter worth approximately $253,000. Geode Capital Management LLC boosted its holdings in shares of Braze by 18.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,497,188 shares of the company’s stock worth $48,428,000 after buying an additional 229,660 shares in the last quarter. Vestcor Inc acquired a new stake in shares of Braze during the 3rd quarter worth approximately $1,617,000. Bullseye Asset Management LLC increased its stake in shares of Braze by 14.3% in the 3rd quarter. Bullseye Asset Management LLC now owns 24,750 shares of the company’s stock valued at $801,000 after acquiring an additional 3,100 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of Braze by 148.1% in the 3rd quarter. Barclays PLC now owns 107,358 shares of the company’s stock valued at $3,472,000 after acquiring an additional 64,093 shares in the last quarter. 90.47% of the stock is owned by institutional investors.

About Braze

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.