Braze (NASDAQ:BRZE) Price Target Lowered to $35.00 at Citizens Jmp

Braze (NASDAQ:BRZE) had its price objective cut by Citizens Jmp from $68.00 to $35.00 in a report released on Wednesday morning,Benzinga reports. They currently have a market outperform rating on the stock.

BRZE has been the topic of a number of other reports. JPMorgan Chase & Co. cut their price objective on shares of Braze from $45.00 to $32.00 and set an “overweight” rating on the stock in a research note on Thursday, March 12th. The Goldman Sachs Group decreased their target price on shares of Braze from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. DA Davidson lowered their target price on shares of Braze from $42.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. Citigroup boosted their price target on shares of Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Wells Fargo & Company upped their price target on shares of Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Braze has a consensus rating of “Moderate Buy” and an average target price of $36.67.

Braze Price Performance

BRZE opened at $21.60 on Wednesday. The stock’s 50 day moving average price is $19.84 and its 200 day moving average price is $26.53. The stock has a market cap of $2.42 billion, a P/E ratio of -17.70 and a beta of 1.08. Braze has a 12 month low of $15.26 and a 12 month high of $43.89.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Tuesday, March 24th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Braze had a negative return on equity of 19.30% and a negative net margin of 17.78%.The business had revenue of $205.17 million for the quarter, compared to analyst estimates of $198.23 million. During the same quarter last year, the firm posted $0.12 EPS. The company’s revenue was up 27.9% compared to the same quarter last year. Equities analysts anticipate that Braze will post -0.98 EPS for the current year.

Insider Activity

In other Braze news, CAO Pankaj Malik sold 2,893 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $48,978.49. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Jonathan Hyman sold 7,391 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $125,129.63. Following the completion of the sale, the chief technology officer directly owned 1,692,933 shares of the company’s stock, valued at $28,661,355.69. The trade was a 0.43% 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. Insiders own 18.20% of the company’s stock.

Institutional Trading of Braze

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NBC Securities Inc. bought a new stake in Braze during the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd increased its holdings 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 valued at $28,000 after buying an additional 803 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of Braze by 821.1% in the second quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock valued at $44,000 after buying an additional 1,404 shares in the last quarter. Quarry LP acquired a new stake in shares of Braze during the 3rd quarter valued at $46,000. Finally, Clearstead Advisors LLC lifted its position in shares of 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 during the last quarter. 90.47% of the stock is owned by institutional investors and hedge funds.

More Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Revenue beat, strong outlook and buyback — Q4 revenue of $205.2M topped estimates, management highlighted accelerating organic growth and product/AI momentum, and the company announced a $100M share buyback program. These Analysts Revise Their Forecasts On Braze Following Q4 Results
• Positive Sentiment: AI product expansion & enterprise demand — Analyst writeups and the company call emphasize AI‑enabled features driving greater enterprise adoption, a key growth signal for recurring revenue. BRZE Q4 Deep Dive: AI-Fueled Product Expansion and Strong Enterprise Demand
• Positive Sentiment: Wall Street confirmations and some raises — Multiple firms reaffirmed buy/overweight stances (Cantor, Needham, Canaccord) and a few shops raised targets modestly (JPMorgan, Barclays), keeping institutional sentiment broadly constructive. 5 Wall Street Pros Weigh in on Cloud Provider Braze After Q4 Earnings
• Positive Sentiment: Elevated bullish options activity — Unusual volume in call options suggests short‑term speculative or hedged bullish positioning by traders. (Intraday options note)
• Neutral Sentiment: Company materials and call transcript are available — Investors can review the slide deck and full earnings/transcript for detail on churn, ARR/bookings, and AI roadmap. Q4 Slide Deck / Press Release
• Neutral Sentiment: Market commentary including buy-side bullish pieces — Several analysts and independent pieces argue the market has over-discounted AI risk and position BRZE as a value play after the pullback. Overblown AI Fears Make This A Value Stock Worth Buying
• Negative Sentiment: EPS miss and profitability pressure — Reported EPS $0.10 missed consensus (~$0.14); Braze remains unprofitable on a GAAP basis with negative margins and ROE, which keeps valuation sensitive to execution. Q4 Earnings / Transcript
• Negative Sentiment: Broad downward price-target revisions — Several major banks cut targets (examples: UBS to $28, Citigroup to $46, Goldman to $40, Oppenheimer to $30, Stifel/Piper lowered targets) reflecting multiple compression and more conservative near‑term valuation assumptions. These Analysts Revise Their Forecasts On Braze Following Q4 Results

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.