Braze (NASDAQ:BRZE) Given “Buy” Rating at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of Braze (NASDAQ:BRZE) in a research report released on Wednesday,Benzinga reports. Needham & Company LLC currently has a $50.00 price target on the stock.

BRZE has been the topic of several other research reports. BTIG Research dropped their price objective on Braze from $45.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Canaccord Genuity Group reissued a “buy” rating and issued a $43.00 target price on shares of Braze in a research report on Monday. The Goldman Sachs Group dropped their price target on Braze from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Barclays lifted their price target on Braze from $39.00 to $45.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Finally, Wolfe Research upgraded Braze to an “overweight” rating in a research note on Wednesday, December 10th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.67.

Braze Trading Up 19.9%

Shares of NASDAQ:BRZE opened at $21.60 on Wednesday. The firm has a 50 day simple moving average of $19.84 and a 200-day simple moving average of $26.53. Braze has a twelve month low of $15.26 and a twelve month high of $43.89. The company has a market capitalization of $2.42 billion, a PE ratio of -17.70 and a beta of 1.08.

Braze (NASDAQ:BRZE) last posted 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). Braze had a negative net margin of 17.78% and a negative return on equity of 19.30%. The company had revenue of $205.17 million during the quarter, compared to analysts’ expectations of $198.23 million. During the same period last year, the business earned $0.12 earnings per share. The company’s quarterly revenue was up 27.9% on a year-over-year basis. As a group, equities research analysts predict that Braze will post -0.98 EPS for the current fiscal year.

Insider Buying and Selling at Braze

In other Braze news, CEO William Magnuson sold 26,413 shares of the company’s 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 $447,172.09. Following the completion of the sale, the chief executive officer directly owned 4,491,098 shares of the company’s stock, valued at $76,034,289.14. This represents a 0.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Susan Wiseman sold 4,167 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $17.03, for a total value of $70,964.01. Following the sale, the general counsel directly owned 209,864 shares of the company’s stock, valued at approximately $3,573,983.92. This represents a 1.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 60,676 shares of company stock valued at $1,027,661. Corporate insiders own 18.20% of the company’s stock.

Institutional Investors Weigh In On Braze

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Braze by 10.0% during the fourth quarter. Vanguard Group Inc. now owns 9,851,050 shares of the company’s stock worth $337,793,000 after purchasing an additional 892,635 shares during the period. Champlain Investment Partners LLC grew its position in Braze by 10.8% in the 3rd quarter. Champlain Investment Partners LLC now owns 2,687,928 shares of the company’s stock valued at $76,445,000 after buying an additional 261,351 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Braze by 6.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company’s stock valued at $69,831,000 after buying an additional 139,133 shares during the period. Battery Management CORP. increased its stake 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 during the period. Finally, Alliancebernstein L.P. raised its position in Braze by 28.8% during the 2nd quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock worth $65,197,000 after buying an additional 518,103 shares during the last quarter. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Key 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

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.