Braze, Inc. (NASDAQ:BRZE) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Braze, Inc. (NASDAQ:BRZE) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-four research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $46.9524.

Several equities analysts recently issued reports on the company. Citigroup raised their price target on Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Wells Fargo & Company increased their price objective on Braze from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. Stifel Nicolaus lifted their target price on shares of Braze from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Wolfe Research upgraded shares of Braze to an “overweight” rating in a report on Wednesday, December 10th. Finally, Mizuho increased their price target on shares of Braze from $45.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, December 10th.

Insider Activity at Braze

In related news, CEO William Magnuson sold 26,698 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total value of $711,234.72. Following the sale, the chief executive officer directly owned 694,746 shares of the company’s stock, valued at $18,508,033.44. This trade represents a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Susan Wiseman sold 4,456 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $27.57, for a total value of $122,851.92. Following the transaction, the general counsel owned 219,794 shares in the company, valued at approximately $6,059,720.58. This represents a 1.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 69,923 shares of company stock valued at $1,917,418 in the last quarter. 18.20% of the stock is currently owned by company insiders.

Institutional Trading of Braze

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BRZE. Penn Mutual Asset Management bought a new stake in Braze in the fourth quarter valued at $148,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Braze in the 4th quarter worth about $304,000. Harbor Capital Advisors Inc. boosted its stake in shares of Braze by 5.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 66,190 shares of the company’s stock valued at $2,270,000 after purchasing an additional 3,169 shares in the last quarter. Moody National Bank Trust Division bought a new stake in shares of Braze during the 4th quarter valued at about $239,000. Finally, SG Americas Securities LLC increased its position in shares of Braze by 5,412.5% during the fourth quarter. SG Americas Securities LLC now owns 289,790 shares of the company’s stock valued at $9,937,000 after buying an additional 284,533 shares during the period. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Braze Stock Performance

Shares of BRZE opened at $25.12 on Friday. Braze has a fifty-two week low of $22.66 and a fifty-two week high of $48.33. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of -22.84 and a beta of 1.08. The firm has a 50 day moving average price of $30.50 and a 200-day moving average price of $28.95.

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

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.