BTIG Research Lowers Braze (NASDAQ:BRZE) Price Target to $25.00

Braze (NASDAQ:BRZE) had its price target lowered by investment analysts at BTIG Research from $45.00 to $25.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price objective points to a potential upside of 36.39% from the company’s current price.

Other research analysts also recently issued reports about the company. Citigroup upped their target price on Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. The Goldman Sachs Group dropped their price target on shares of Braze from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. JPMorgan Chase & Co. cut their price target on shares of Braze from $45.00 to $32.00 and set an “overweight” rating for the company in a report on Thursday, March 12th. DA Davidson upped their price objective on shares of Braze from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Stifel Nicolaus set a $40.00 price objective on shares of Braze in a report on Monday, February 9th. 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $41.48.

Braze Trading Down 4.6%

Shares of NASDAQ BRZE opened at $18.33 on Friday. The stock has a market capitalization of $2.06 billion, a PE ratio of -16.66 and a beta of 1.08. The stock’s fifty day simple moving average is $20.40 and its two-hundred day simple moving average is $26.72. Braze has a 12-month low of $15.26 and a 12-month high of $43.89.

Insider Activity

In other Braze news, General Counsel Susan Wiseman sold 4,167 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $17.03, for a total value of $70,964.01. Following the transaction, the general counsel owned 209,864 shares in the company, valued at approximately $3,573,983.92. This trade represents a 1.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Astha Malik sold 14,049 shares of Braze stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $237,849.57. Following the sale, the insider directly owned 205,289 shares in the company, valued at approximately $3,475,542.77. This trade represents a 6.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 60,676 shares of company stock valued at $1,027,661 in the last three months. Company insiders own 18.20% of the company’s stock.

Institutional Investors Weigh In On Braze

A number of hedge funds have recently modified their holdings of BRZE. Alyeska Investment Group L.P. increased its holdings in shares of Braze by 592.4% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock valued at $72,181,000 after purchasing an additional 1,801,019 shares during the last quarter. Barclays PLC boosted its stake in Braze by 443.0% during the third quarter. Barclays PLC now owns 1,404,395 shares of the company’s stock worth $39,941,000 after buying an additional 1,145,748 shares during the last quarter. UBS Group AG boosted its stake in Braze by 421.1% during the third quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock worth $36,394,000 after buying an additional 1,034,087 shares during the last quarter. Battery Management CORP. grew its holdings 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 buying an additional 1,000,000 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Braze by 238.2% in the 3rd quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock valued at $38,429,000 after buying an additional 951,674 shares in the last quarter. 90.47% of the stock is currently owned by institutional investors and hedge funds.

More Braze News

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)

About Braze

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.