Braze, Inc. (NASDAQ:BRZE) Given Average Rating of “Moderate Buy” by Brokerages

Braze, Inc. (NASDAQ:BRZE) has earned an average recommendation of “Moderate Buy” from the twenty-three ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $44.30.

Several equities research analysts have recently weighed in on the company. Barclays increased their price objective on Braze from $39.00 to $45.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. Oppenheimer reiterated an “outperform” rating and issued a $40.00 price target on shares of Braze in a research report on Wednesday, December 10th. Wells Fargo & Company raised their price objective on shares of Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Stifel Nicolaus set a $40.00 target price on shares of Braze in a report on Monday, February 9th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $38.00 target price on shares of Braze in a research note on Wednesday, December 10th.

Braze Price Performance

NASDAQ BRZE opened at $17.18 on Thursday. The company has a fifty day moving average of $27.11 and a two-hundred day moving average of $27.87. The company has a market capitalization of $1.93 billion, a PE ratio of -15.62 and a beta of 1.07. Braze has a 1 year low of $16.25 and a 1 year high of $43.89.

Braze (NASDAQ:BRZE) last posted its earnings results on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. The business had revenue of $190.84 million for the quarter, compared to analysts’ expectations of $198.25 million. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The business’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.02 earnings per share. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. On average, research analysts expect that Braze will post -0.98 earnings per share for the current year.

Insider Buying and Selling at Braze

In other Braze news, CAO Pankaj Malik sold 5,540 shares of Braze stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $35.76, for a total value of $198,110.40. Following the transaction, the chief accounting officer directly owned 53,572 shares in the company, valued at approximately $1,915,734.72. This trade represents a 9.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 18.20% of the company’s stock.

Hedge Funds Weigh In On Braze

A number of hedge funds and other institutional investors have recently bought and sold shares of BRZE. Vanguard Group Inc. grew its holdings in Braze by 10.0% in the fourth 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 last quarter. Champlain Investment Partners LLC raised its stake in shares of Braze by 10.8% during the 3rd 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 last quarter. JPMorgan Chase & Co. boosted its position in shares of Braze by 6.0% in the 3rd 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 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 last quarter. Finally, Alliancebernstein L.P. increased its holdings in Braze by 28.8% during the 2nd quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock valued at $65,197,000 after acquiring an additional 518,103 shares in the last quarter. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

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.