Braze (NASDAQ:BRZE – Get Free Report) will likely be issuing its Q1 2026 quarterly earnings data after the market closes on Thursday, June 5th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $158.60 million for the quarter.
Braze (NASDAQ:BRZE – Get Free Report) last issued its earnings results on Thursday, March 27th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.07. The firm had revenue of $160.40 million during the quarter, compared to analysts’ expectations of $155.72 million. Braze had a negative net margin of 20.41% and a negative return on equity of 24.88%. The firm’s revenue for the quarter was up 22.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.04) earnings per share. On average, analysts expect Braze to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Braze Stock Performance
Shares of NASDAQ:BRZE opened at $36.24 on Wednesday. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of -31.79 and a beta of 1.15. Braze has a 1-year low of $27.45 and a 1-year high of $48.33. The company has a 50 day moving average price of $32.93 and a 200 day moving average price of $38.01.
Insider Activity at Braze
Institutional Trading of Braze
A hedge fund recently raised its stake in Braze stock. Intech Investment Management LLC raised its stake in shares of Braze, Inc. (NASDAQ:BRZE – Free Report) by 18.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,281 shares of the company’s stock after buying an additional 6,379 shares during the period. Intech Investment Management LLC’s holdings in Braze were worth $1,453,000 at the end of the most recent quarter. 90.47% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages recently weighed in on BRZE. Canaccord Genuity Group raised their target price on shares of Braze from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, March 28th. Raymond James raised their target price on shares of Braze from $45.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, March 28th. Citigroup raised their price objective on shares of Braze from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, March 28th. Cantor Fitzgerald began coverage on shares of Braze in a research report on Tuesday. They set an “overweight” rating and a $45.00 price objective on the stock. Finally, Barclays reduced their target price on Braze from $70.00 to $47.00 and set an “overweight” rating for the company in a report on Friday, May 16th. One equities research analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Braze presently has an average rating of “Buy” and a consensus price target of $49.25.
Read Our Latest Stock Report on Braze
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.
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