Braze, Inc. (NASDAQ:BRZE) Short Interest Update

Braze, Inc. (NASDAQ:BRZE) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 10,367,037 shares, an increase of 29.5% from the January 29th total of 8,005,876 shares. Based on an average daily volume of 4,290,792 shares, the short-interest ratio is presently 2.4 days. Approximately 11.3% of the shares of the company are sold short. Approximately 11.3% of the shares of the company are sold short. Based on an average daily volume of 4,290,792 shares, the short-interest ratio is presently 2.4 days.

Braze Stock Performance

Braze stock opened at $18.63 on Tuesday. Braze has a 52 week low of $15.26 and a 52 week high of $43.89. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of -16.94 and a beta of 1.08. The company has a 50 day moving average price of $24.40 and a 200 day moving average price of $27.43.

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

Insider Buying and Selling

In related news, CTO Jonathan Hyman sold 7,391 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 transaction 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 $28,661,355.69. This represents a 0.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Susan Wiseman sold 5,763 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $97,567.59. Following the completion of the transaction, the general counsel directly owned 214,031 shares in the company, valued at $3,623,544.83. This represents a 2.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 66,216 shares of company stock worth $1,225,772. Company insiders own 18.20% of the company’s stock.

Institutional Trading of Braze

Several large investors have recently added to or reduced their stakes in BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Braze by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock worth $1,415,000 after acquiring an additional 1,700 shares during the last quarter. Intech Investment Management LLC grew its position in Braze by 18.8% during the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock worth $1,453,000 after buying an additional 6,379 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in Braze by 7.6% during the second quarter. State of New Jersey Common Pension Fund D now owns 54,029 shares of the company’s stock valued at $1,518,000 after acquiring an additional 3,795 shares during the period. Versor Investments LP bought a new position in Braze during the second quarter valued at about $638,000. Finally, Corton Capital Inc. acquired a new position in shares of Braze in the second quarter valued at $339,000. 90.47% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BRZE. Needham & Company LLC restated a “buy” rating and set a $50.00 price target on shares of Braze in a research report on Wednesday, January 14th. Mizuho upped their target price on Braze from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 10th. DA Davidson increased their price target on Braze from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Wells Fargo & Company boosted their price objective on Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $68.00 price objective on shares of Braze in a report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $44.30.

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.