Braze (NASDAQ:BRZE) Price Target Lowered to $46.00 at Citigroup

Braze (NASDAQ:BRZE) had its price objective decreased by Citigroup from $53.00 to $46.00 in a report issued on Wednesday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

Several other research analysts have also commented on BRZE. UBS Group lowered their price objective on shares of Braze from $43.00 to $28.00 and set a “buy” rating for the company in a research note on Wednesday. Wolfe Research raised shares of Braze to an “overweight” rating in a research note on Wednesday, December 10th. Mizuho reduced their target price on shares of Braze from $50.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday. DA Davidson decreased their price target on shares of Braze from $42.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, March 20th. Finally, The Goldman Sachs Group dropped their price target on shares of Braze from $45.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $36.67.

Braze Trading Up 19.9%

BRZE stock opened at $21.60 on Wednesday. The company has a market capitalization of $2.42 billion, a PE 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. The business’s fifty day moving average price is $19.84 and its 200 day moving average price is $26.53.

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

Insider Transactions at Braze

In related news, CTO Jonathan Hyman sold 7,391 shares of the firm’s stock in a transaction that occurred 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 sale, the chief technology officer owned 1,692,933 shares of the company’s stock, valued at $28,661,355.69. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Pankaj Malik sold 2,893 shares of Braze stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $48,978.49. Following the completion of the transaction, the chief accounting officer owned 50,679 shares of the company’s stock, valued at $857,995.47. This represents a 5.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have 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.

Hedge Funds Weigh In On Braze

Several large investors have recently bought and sold shares of BRZE. Alyeska Investment Group L.P. raised its position in shares of Braze by 592.4% during the 4th quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock worth $72,181,000 after acquiring an additional 1,801,019 shares in the last quarter. Barclays PLC boosted its holdings in Braze by 443.0% in the third quarter. Barclays PLC now owns 1,404,395 shares of the company’s stock valued at $39,941,000 after purchasing an additional 1,145,748 shares in the last quarter. UBS Group AG increased its stake in Braze by 421.1% in the third quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock valued at $36,394,000 after purchasing an additional 1,034,087 shares during the last quarter. Battery Management CORP. increased its stake in Braze by 70.2% in the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after purchasing an additional 1,000,000 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Braze by 238.2% during the third quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock worth $38,429,000 after purchasing an additional 951,674 shares in the last quarter. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Key Headlines Impacting Braze

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

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.