DA Davidson Issues Pessimistic Forecast for Braze (NASDAQ:BRZE) Stock Price

Braze (NASDAQ:BRZE) had its price target reduced by analysts at DA Davidson from $42.00 to $30.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. DA Davidson’s price target would suggest a potential upside of 63.67% from the stock’s previous close.

Several other brokerages also recently weighed in on BRZE. Stifel Nicolaus set a $40.00 price target on Braze in a research report on Monday, February 9th. Citigroup raised their target price on Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Braze in a report on Monday, December 29th. Barclays upped their price objective on Braze from $39.00 to $45.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Finally, Mizuho lifted their target price on shares of Braze from $45.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, December 10th. 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. According to data from MarketBeat.com, Braze presently has an average rating of “Moderate Buy” and an average target price of $41.48.

Braze Price Performance

Shares of Braze stock opened at $18.33 on Friday. The stock has a market cap of $2.06 billion, a PE ratio of -16.66 and a beta of 1.08. The firm has a fifty day moving average price of $20.40 and a 200 day moving average price of $26.72. Braze has a 1 year low of $15.26 and a 1 year high of $43.89.

Insider Transactions at Braze

In related news, CTO Jonathan Hyman sold 7,391 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $125,129.63. Following the completion of the sale, the chief technology officer owned 1,692,933 shares of the company’s stock, valued at approximately $28,661,355.69. The trade was a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Pankaj Malik sold 2,893 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $48,978.49. Following the transaction, the chief accounting officer directly owned 50,679 shares in the company, valued at approximately $857,995.47. The trade was a 5.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 60,676 shares of company stock worth $1,027,661 in the last ninety days. Company insiders own 18.20% of the company’s stock.

Institutional Trading of Braze

A number of institutional investors have recently made changes to their positions in the company. NBC Securities Inc. purchased a new position in Braze in the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Braze by 3,650.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after buying an additional 803 shares in the last quarter. Osaic Holdings Inc. boosted its position in Braze by 821.1% during the second quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after acquiring an additional 1,404 shares during the last quarter. Quarry LP acquired a new position in Braze during the third quarter worth about $46,000. Finally, Clearstead Advisors LLC grew its stake in Braze by 58.2% during the 3rd quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock valued at $48,000 after acquiring an additional 620 shares in the last quarter. 90.47% of the stock is owned by institutional investors and hedge funds.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst/fundamental support: A recent piece highlights replacement-cycle trends and evolving fundamentals as supportive for Braze and notes J.P. Morgan kept an Overweight stance even after trimming its price target — a sign some sell-side analysts still view the business favorably. Replacement Cycle Trends and Evolving Fundamentals Offer Support to Braze (InsiderMonkey)
• Neutral Sentiment: Bullish consensus metric: Aggregate analyst targets imply a large upside (Zacks highlights a consensus suggesting ~126% upside), which can attract long-term value or momentum buyers even if the metric is volatile. Wall Street Analysts See a 126.44% Upside in Braze (Zacks)
• Neutral Sentiment: Short-interest data appears anomalous/erroneous in recent reports (system shows zero shares or NaN for March filings). Treat reported “large increase” notes with caution until corrected filings confirm true short volume. (No reliable external link provided.)
• Negative Sentiment: TD Cowen cut its price target from $43 to $30 but kept a Buy rating — the lower target increases near-term selling pressure. TD Cowen price-target cut (Benzinga)
• Negative Sentiment: DA Davidson trimmed its target from $42 to $30 while maintaining a Buy — another downward revision adding to negative sentiment. DA Davidson price-target cut (Benzinga)
• Negative Sentiment: BTIG reduced its target from $45 to $25 (still a Buy), representing the most aggressive cut among recent brokers and likely contributing to the intraday decline. BTIG price-target cut (Benzinga)

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.