Braze (NASDAQ:BRZE – Free Report) had its price objective raised by JPMorgan Chase & Co. from $32.00 to $33.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.
Other analysts have also recently issued reports about the stock. TD Cowen decreased their price target on shares of Braze from $43.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. DA Davidson reduced their price objective on Braze from $42.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Citizens Jmp decreased their price objective on Braze from $68.00 to $35.00 and set a “market outperform” rating on the stock in a research report on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $38.00 target price on shares of Braze in a research note on Wednesday. Finally, Barclays upped their price target on Braze from $29.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday. 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 company. According to data from MarketBeat, Braze currently has an average rating of “Moderate Buy” and a consensus price target of $36.67.
Get Our Latest Stock Analysis on Braze
Braze Price Performance
Braze (NASDAQ:BRZE – Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The business had revenue of $205.17 million during the quarter, compared to analyst estimates of $198.23 million. Braze had a negative return on equity of 18.75% and a negative net margin of 17.78%.Braze’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 EPS. On average, equities analysts expect that Braze will post -0.98 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Braze news, insider Astha Malik sold 14,049 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $237,849.57. Following the completion of the sale, the insider owned 205,289 shares of the company’s stock, valued at $3,475,542.77. This trade represents a 6.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO William Magnuson sold 26,413 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $447,172.09. Following the completion of the transaction, the chief executive officer directly owned 4,491,098 shares in the company, valued at approximately $76,034,289.14. This represents a 0.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 60,676 shares of company stock valued at $1,027,661 in the last ninety days. 18.20% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Braze
A number of hedge funds and other institutional investors have recently modified their holdings of BRZE. Rockefeller Capital Management L.P. increased its holdings in shares of Braze by 23.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 16,226 shares of the company’s stock worth $556,000 after purchasing an additional 3,134 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after purchasing an additional 803 shares during the period. Invesco Ltd. grew its stake in Braze by 9.5% during the fourth quarter. Invesco Ltd. now owns 97,486 shares of the company’s stock worth $3,343,000 after buying an additional 8,495 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Braze by 7.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,878 shares of the company’s stock valued at $784,000 after buying an additional 1,582 shares during the period. Finally, Papamarkou Wellner Asset Management inc. bought a new position in Braze in the 4th quarter valued at about $331,000. Institutional investors and hedge funds own 90.47% of the company’s stock.
Trending Headlines about Braze
Here are the key news stories impacting Braze this week:
- Positive Sentiment: Company reported a hot quarter with ~28% revenue growth, a swollen backlog/RPO (~$1B) and raised FY2027 revenue and EPS guidance, which drove initial buying interest. Braze Stock Rallies as Revenue Beats, Buybacks Begin, and Outlook Jumps
- Positive Sentiment: Board authorized $100M in buybacks including a $50M accelerated share repurchase (ASR) — a direct capital-return step that reduces float and supported the rally. Braze Stock Rallies as Revenue Beats, Buybacks Begin, and Outlook Jumps
- Positive Sentiment: Several firms raised ratings/targets or reiterated bullish views (e.g., DA Davidson raised its target), bolstering momentum and drawing institutional buying. Braze price target raised to $33 from $30 at DA Davidson
- Neutral Sentiment: Unusually high options activity was noted around BRZE, indicating elevated speculative positioning and potential for sharper intraday moves independent of fundamentals. Braze Target of Unusually High Options Trading (NASDAQ:BRZE)
- Neutral Sentiment: Market roundups and coverage (MSN, MarketBeat, Motley Fool) amplified the story — increasing attention can magnify short-term swings but doesn’t change the underlying fundamentals. 10 Stocks Dominating The Market Today: Best Buy, Figma, Navan, and More
- Negative Sentiment: Multiple brokerages trimmed price targets or lowered expectations (UBS, Stifel, Citigroup, Oppenheimer and others reported cuts), creating mixed analyst signals despite some upgrades — a source of selling pressure for some investors. UBS Group Lowers Braze (NASDAQ:BRZE) Price Target to $28.00
- Negative Sentiment: Although revenue beat, margins and prior EPS misses keep some investors cautious; the shares remain volatile as the market digests whether AI-driven demand and margin improvement will sustainably lift profitability. Why Braze Stock Surged Today
Braze Company Profile
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.
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