Braze (NASDAQ:BRZE) Releases Q1 Earnings Guidance

Braze (NASDAQ:BRZE) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.04-$0.05 for the period, compared to the consensus estimate of $0.03. The company issued revenue guidance of $158.0-$159.0 million, compared to the consensus revenue estimate of $158.44 million. Braze also updated its FY 2026 guidance to 0.310-0.350 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have commented on BRZE shares. Wells Fargo & Company restated an “overweight” rating on shares of Braze in a research note on Friday. Canaccord Genuity Group boosted their price target on shares of Braze from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday. Stifel Nicolaus set a $50.00 price target on shares of Braze in a research report on Friday. Citigroup lifted their price objective on shares of Braze from $47.00 to $51.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $50.00 target price on shares of Braze in a research report on Friday. One equities research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $52.40.

Braze Stock Down 1.7 %

Shares of BRZE stock opened at $36.70 on Friday. The stock has a 50-day simple moving average of $39.80 and a 200 day simple moving average of $37.97. Braze has a fifty-two week low of $29.18 and a fifty-two week high of $48.33. The stock has a market capitalization of $3.80 billion, a P/E ratio of -32.19 and a beta of 1.17.

Braze (NASDAQ:BRZE) last posted its quarterly earnings data on Thursday, March 27th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.07. Braze had a negative net margin of 20.41% and a negative return on equity of 24.88%. The company had revenue of $160.40 million during the quarter, compared to analyst estimates of $155.72 million. During the same quarter last year, the firm posted ($0.04) EPS. The business’s revenue for the quarter was up 22.4% on a year-over-year basis. On average, sell-side analysts anticipate that Braze will post -0.98 earnings per share for the current year.

Insiders Place Their Bets

In other Braze news, insider Myles Kleeger sold 10,000 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $45.43, for a total transaction of $454,300.00. Following the completion of the sale, the insider now directly owns 184,396 shares of the company’s stock, valued at approximately $8,377,110.28. This represents a 5.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Susan Wiseman sold 3,486 shares of Braze stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $40.02, for a total transaction of $139,509.72. Following the completion of the transaction, the general counsel now directly owns 182,109 shares in the company, valued at approximately $7,288,002.18. This trade represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 89,470 shares of company stock worth $3,841,921. 24.03% of the stock is owned by insiders.

Braze Company Profile

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.