Braze (NASDAQ:BRZE – Free Report) had its price objective cut by Piper Sandler from $30.00 to $27.00 in a report published on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.
Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Braze from $45.00 to $32.00 and set an “overweight” rating for the company in a research note on Thursday, March 12th. Citigroup raised their target price on shares of Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Wells Fargo & Company lifted their price target on shares of Braze from $40.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday, December 10th. TD Cowen cut their price target on Braze from $43.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Finally, Citizens Jmp reissued a “market outperform” rating and set a $68.00 price target on shares of Braze in a research report on Wednesday, December 10th. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Braze presently has an average rating of “Moderate Buy” and a consensus target price of $36.67.
View Our Latest Analysis on Braze
Braze Price Performance
Braze (NASDAQ:BRZE – Get Free Report) last announced its earnings results on Tuesday, March 24th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Braze had a negative net margin of 17.78% and a negative return on equity of 18.75%. The business had revenue of $205.17 million during the quarter, compared to the consensus estimate of $198.23 million. During the same period in the previous year, the firm posted $0.12 EPS. The company’s revenue was up 27.9% compared to the same quarter last year. Research analysts expect that Braze will post -0.98 EPS for the current year.
Insider Transactions at Braze
In related news, CAO Pankaj Malik sold 2,893 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $48,978.49. Following the sale, the chief accounting officer owned 50,679 shares in the company, valued at approximately $857,995.47. This trade represents a 5.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Astha Malik sold 14,049 shares of Braze stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $237,849.57. Following the completion of the transaction, the insider directly owned 205,289 shares in the company, valued at $3,475,542.77. This trade represents a 6.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 60,676 shares of company stock worth $1,027,661. Corporate insiders own 18.20% of the company’s stock.
Institutional Investors Weigh In On Braze
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. NBC Securities Inc. acquired a new stake in shares of Braze in the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Braze by 3,650.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after buying an additional 803 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Braze by 821.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after buying an additional 1,404 shares in the last quarter. Quarry LP bought a new stake in shares of Braze during the 3rd quarter worth $46,000. Finally, Clearstead Advisors LLC boosted its stake in Braze by 58.2% in the third quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock valued at $48,000 after buying an additional 620 shares in the last quarter. 90.47% of the stock is currently owned by institutional investors.
Braze News Summary
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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