Braze (NASDAQ:BRZE) Price Target Raised to $34.00

Braze (NASDAQ:BRZE) had its target price lifted by Stephens from $31.00 to $34.00 in a research note published on Wednesday, Marketbeat reports. Stephens currently has an overweight rating on the stock.

Other equities analysts also recently issued research reports about the stock. UBS Group set a $37.00 price target on shares of Braze in a report on Wednesday. Needham & Company LLC restated a “buy” rating and issued a $50.00 price objective on shares of Braze in a research report on Wednesday. DA Davidson boosted their price objective on shares of Braze from $33.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. upped their price objective on shares of Braze from $33.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Oppenheimer raised their target price on shares of Braze from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Twenty research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Braze presently has a consensus rating of “Moderate Buy” and an average price target of $38.21.

Braze Price Performance

Shares of BRZE opened at $23.94 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 1.24 and a debt-to-equity ratio of 0.02. The stock’s 50 day moving average is $27.60 and its two-hundred day moving average is $23.64. Braze has a twelve month low of $15.26 and a twelve month high of $37.33. The firm has a market capitalization of $2.70 billion, a PE ratio of -23.24 and a beta of 0.88.

Braze (NASDAQ:BRZE) last issued its earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. The business had revenue of $227.23 million during the quarter, compared to the consensus estimate of $220.27 million. Braze had a negative return on equity of 16.11% and a negative net margin of 13.55%.The company’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.15 EPS. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. Research analysts anticipate that Braze will post -0.77 earnings per share for the current year.

Insiders Place Their Bets

In other news, CRO Edward M. Mcdonnell sold 29,732 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $31.38, for a total transaction of $932,990.16. Following the completion of the transaction, the executive owned 409,630 shares of the company’s stock, valued at $12,854,189.40. This represents a 6.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Astha Malik sold 15,724 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $29.57, for a total transaction of $464,958.68. Following the transaction, the insider owned 326,233 shares in the company, valued at approximately $9,646,709.81. The trade was a 4.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 203,568 shares of company stock valued at $6,096,461. Insiders own 12.50% of the company’s stock.

Hedge Funds Weigh In On Braze

Institutional investors and hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc increased its position in Braze by 13.3% during the second quarter. Versant Capital Management Inc now owns 4,692 shares of the company’s stock worth $102,000 after purchasing an additional 552 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Braze by 7.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,080 shares of the company’s stock valued at $315,000 after purchasing an additional 746 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake 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 valued at $28,000 after buying an additional 803 shares during the period. MetLife Investment Management LLC grew its stake in shares of Braze by 1.9% during the 4th quarter. MetLife Investment Management LLC now owns 47,231 shares of the company’s stock valued at $1,620,000 after buying an additional 890 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Braze by 8.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 13,628 shares of the company’s stock worth $467,000 after buying an additional 1,020 shares during the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.

Braze News Roundup

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst support remains strong. Piper Sandler reiterated its Overweight rating, while Citizens JMP maintained “Market Outperform,” BTIG Research reiterated “Buy,” and D.A. Davidson also issued a Buy rating. TD Cowen likewise reaffirmed its Buy recommendation. Piper Sandler Reaffirms Overweight Rating for Braze
• Positive Sentiment: Strong quarterly execution provides support. Braze reported quarterly earnings of $0.19 per share versus the $0.16 consensus estimate, while revenue of $227.2 million exceeded expectations of $220.3 million and increased 26.2% year over year. Analysts cited revenue growth and improving net retention as reasons the selloff could represent a buying opportunity. Why Braze’s Guidance Miss May Be a Gift for Investors
• Positive Sentiment: Stephens expects substantial upside for BRZE, adding to the favorable analyst outlook. Stephens Forecasts Strong Price Appreciation for Braze
• Neutral Sentiment: JPMorgan lowered its price target to $34, but the revised target remains above the stock’s recent trading level, suggesting reduced expectations rather than a bearish call. JPMorgan Lowers Braze Price Target
• Neutral Sentiment: Braze presented at Citi’s 2026 Global TMT Conference, potentially giving investors additional information on strategy and growth, though no specific new financial catalyst was reported. Braze Citi Conference Transcript
• Negative Sentiment: Soft third-quarter profit guidance triggered the recent decline. The weaker outlook overshadowed the second-quarter earnings and revenue beats, raising concerns about near-term growth and profitability. Braze Dips on Weak Q3 Profit Outlook
• Negative Sentiment: Put-option activity was unusually high, with 5,672 puts purchased—180% above average—indicating increased near-term hedging or bearish speculation.

About Braze

Braze, Inc is a customer engagement software company that helps businesses build and manage personalized interactions with consumers. Its platform enables organizations to collect and analyze customer data, create audience segments, and coordinate marketing campaigns across multiple digital channels.

The Braze platform supports messaging through mobile and web push notifications, in-app messages, email, SMS, and other communication channels. It also provides tools for campaign orchestration, automation, experimentation, analytics, and artificial intelligence to help brands deliver more relevant and timely customer experiences.

Founded in 2011 as Appboy, the company later adopted the Braze name as it expanded its customer engagement offerings.