Braze (NASDAQ:BRZE) Updates FY26 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.31-$0.35 for the period, compared to the consensus estimate of $0.28. The company issued revenue guidance of $686-$691 million, compared to the consensus revenue estimate of $688.16 million. Braze also updated its FY 2026 guidance to 0.310-0.350 EPS.

Braze Trading Up 2.2 %

NASDAQ:BRZE opened at $37.51 on Friday. The stock has a 50-day moving average price of $39.66 and a 200 day moving average price of $37.98. The stock has a market capitalization of $3.88 billion, a P/E ratio of -32.90 and a beta of 1.17. Braze has a 12-month low of $29.18 and a 12-month high of $48.33.

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

Analysts Set New Price Targets

Several analysts have commented on the stock. Citigroup boosted their price target on shares of Braze from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday. Canaccord Genuity Group boosted their target price on Braze from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company reissued an “overweight” rating and set a $55.00 price target (up from $50.00) on shares of Braze in a research note on Friday. Raymond James lifted their price objective on Braze from $45.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Oppenheimer reiterated an “outperform” rating and set a $51.00 target price on shares of Braze in a research report on Tuesday, December 10th. One investment analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $53.00.

Insider Activity at Braze

In other news, insider Myles Kleeger sold 10,000 shares of the business’s stock in a transaction on 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. The trade was a 5.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Susan Wiseman sold 3,486 shares of the firm’s stock in a transaction dated 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 $7,288,002.18. This represents a 1.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 89,470 shares of company stock worth $3,841,921 in the last quarter. 24.03% of the stock is owned by company 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.