Braze (NASDAQ:BRZE) Updates FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.310-0.350 for the period, compared to the consensus estimate of 0.290. The company issued revenue guidance of $686.0 million-$691.0 million, compared to the consensus revenue estimate of $688.2 million. Braze also updated its FY26 guidance to $0.31-$0.35 EPS.

Wall Street Analyst Weigh In

BRZE has been the topic of several research analyst reports. DA Davidson reiterated a “buy” rating and set a $50.00 price objective on shares of Braze in a research report on Wednesday. Citigroup lifted their price target on Braze from $47.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Raymond James reduced their price objective on Braze from $48.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, March 20th. Canaccord Genuity Group set a $45.00 price objective on Braze in a research report on Wednesday. Finally, Stifel Nicolaus upped their target price on Braze from $37.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Braze has an average rating of “Buy” and an average price target of $52.05.

Braze Price Performance

Shares of BRZE stock traded down $0.63 on Thursday, hitting $36.70. The company’s stock had a trading volume of 2,218,992 shares, compared to its average volume of 1,127,919. Braze has a fifty-two week low of $29.18 and a fifty-two week high of $50.84. The firm’s fifty day moving average price is $39.94 and its 200-day moving average price is $37.98. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of -32.19 and a beta of 1.17.

Insider Transactions at Braze

In related news, CEO William Magnuson sold 18,050 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $40.82, for a total transaction of $736,801.00. Following the completion of the sale, the chief executive officer now directly owns 564,766 shares of the company’s stock, valued at approximately $23,053,748.12. This represents a 3.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Jonathan Hyman sold 5,210 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $40.82, for a total transaction of $212,672.20. Following the completion of the transaction, the chief technology officer now owns 157,810 shares in the company, valued at $6,441,804.20. The trade was a 3.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 89,470 shares of company stock worth $3,841,921. 24.03% of the stock is owned by corporate insiders.

About Braze

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.