Braze (NASDAQ:BRZE) Releases FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.150-0.180 for the period, compared to the consensus estimate of 0.340. The company issued revenue guidance of $702.0 million-$706.0 million, compared to the consensus revenue estimate of $689.0 million. Braze also updated its Q2 2026 guidance to 0.020-0.030 EPS.

Braze Price Performance

Shares of Braze stock opened at $29.73 on Friday. Braze has a one year low of $27.45 and a one year high of $48.33. The stock’s 50-day moving average is $32.78 and its 200 day moving average is $37.97. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of -26.08 and a beta of 1.22.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Thursday, June 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. The business had revenue of $162.06 million for the quarter, compared to analyst estimates of $158.60 million. Braze had a negative return on equity of 24.88% and a negative net margin of 20.41%. The company’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.05) earnings per share. On average, sell-side analysts expect that Braze will post -0.98 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BRZE. Wells Fargo & Company cut their price target on Braze from $55.00 to $40.00 and set an “overweight” rating on the stock in a report on Tuesday, April 22nd. Canaccord Genuity Group increased their price target on Braze from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, March 28th. Needham & Company LLC restated a “buy” rating and issued a $50.00 target price on shares of Braze in a report on Friday. Stephens dropped their target price on Braze from $51.00 to $41.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Oppenheimer dropped their target price on Braze from $51.00 to $44.00 and set an “outperform” rating on the stock in a report on Friday. One research analyst has rated the stock with a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $46.60.

Insider Activity at Braze

In related news, CTO Jonathan Hyman sold 9,197 shares of the stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $35.88, for a total transaction of $329,988.36. Following the completion of the sale, the chief technology officer now directly owns 214,024 shares of the company’s stock, valued at approximately $7,679,181.12. This trade represents a 4.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Astha Malik sold 13,460 shares of the firm’s stock in a transaction on Monday, May 19th. The stock was sold at an average price of $35.88, for a total value of $482,944.80. Following the completion of the sale, the insider now directly owns 258,395 shares of the company’s stock, valued at $9,271,212.60. This represents a 4.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 71,150 shares of company stock valued at $2,540,814. 18.20% of the stock is owned by insiders.

Institutional Trading of Braze

An institutional investor recently raised its position in Braze stock. Intech Investment Management LLC boosted its position in Braze, Inc. (NASDAQ:BRZE) by 18.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,281 shares of the company’s stock after buying an additional 6,379 shares during the quarter. Intech Investment Management LLC’s holdings in Braze were worth $1,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 90.47% of the stock is owned by hedge funds and other institutional investors.

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.