Braze (NASDAQ:BRZE) Updates FY 2025 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.100-0.110 for the period, compared to the consensus earnings per share estimate of 0.070. The company issued revenue guidance of $588.0 million-$589.0 million, compared to the consensus revenue estimate of $584.4 million. Braze also updated its Q4 guidance to $0.05-0.06 EPS.

Braze Price Performance

BRZE stock opened at $40.95 on Wednesday. The stock has a market capitalization of $4.21 billion, a P/E ratio of -35.92 and a beta of 1.15. The business has a 50-day moving average of $34.46 and a 200-day moving average of $37.25. Braze has a fifty-two week low of $29.18 and a fifty-two week high of $61.53.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BRZE shares. The Goldman Sachs Group decreased their target price on Braze from $65.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. Stifel Nicolaus lifted their price objective on shares of Braze from $37.00 to $48.00 and gave the stock a “buy” rating in a research report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price objective (down from $70.00) on shares of Braze in a research report on Tuesday. JPMorgan Chase & Co. reduced their price objective on shares of Braze from $55.00 to $47.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Loop Capital reaffirmed a “buy” rating and set a $75.00 price objective on shares of Braze in a research report on Tuesday, September 24th. One equities research analyst has rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $53.63.

Insiders Place Their Bets

In other Braze news, Director Fernando Machado sold 1,377 shares of the business’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $30.65, for a total transaction of $42,205.05. Following the completion of the transaction, the director now owns 8,937 shares of the company’s stock, valued at approximately $273,919.05. The trade was a 13.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Roger H. Lee sold 56,830 shares of the business’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $30.27, for a total value of $1,720,244.10. Following the sale, the insider now owns 56,830 shares in the company, valued at approximately $1,720,244.10. This trade represents a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 113,979 shares of company stock valued at $3,688,914. 24.03% of the stock is currently owned by corporate 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.