Braze (NASDAQ:BRZE) Issues Q1 2025 Earnings Guidance

Braze (NASDAQ:BRZE) updated its first quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of -0.110–0.100 for the period, compared to the consensus EPS estimate of -0.050. The company issued revenue guidance of $131.0 million-$132.0 million, compared to the consensus revenue estimate of $127.8 million. Braze also updated its FY 2025 guidance to -0.120–0.080 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group raised their price objective on Braze from $55.00 to $63.00 and gave the stock a buy rating in a research report on Thursday, December 7th. JPMorgan Chase & Co. raised their target price on Braze from $52.00 to $57.00 and gave the stock an overweight rating in a research note on Wednesday, November 29th. Barclays raised their target price on Braze from $65.00 to $80.00 and gave the stock an overweight rating in a research note on Thursday, December 7th. DA Davidson reaffirmed a buy rating and set a $65.00 target price on shares of Braze in a research note on Monday. Finally, Scotiabank raised their target price on Braze from $54.00 to $65.00 and gave the stock a sector perform rating in a research note on Thursday, December 7th. One research analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat, Braze has an average rating of Moderate Buy and an average target price of $64.82.

Braze Stock Up 2.3 %

Shares of NASDAQ:BRZE opened at $50.58 on Thursday. The stock has a market cap of $5.05 billion, a price-to-earnings ratio of -36.39 and a beta of 1.21. Braze has a 12-month low of $25.76 and a 12-month high of $61.53. The business’s 50 day moving average is $55.05 and its 200 day moving average is $51.24.

Insider Activity at Braze

In related news, insider Myles Kleeger sold 15,000 shares of Braze stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $49.78, for a total transaction of $746,700.00. Following the sale, the insider now directly owns 171,709 shares in the company, valued at $8,547,674.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Isabelle Winkles sold 5,489 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $57.51, for a total transaction of $315,672.39. Following the sale, the chief financial officer now directly owns 282,564 shares in the company, valued at approximately $16,250,255.64. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Myles Kleeger sold 15,000 shares of the business’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $49.78, for a total value of $746,700.00. Following the sale, the insider now owns 171,709 shares in the company, valued at $8,547,674.02. The disclosure for this sale can be found here. Insiders have sold a total of 75,471 shares of company stock valued at $4,196,153 over the last 90 days. Insiders own 26.48% of the company’s stock.

Institutional Trading of Braze

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Creative Planning grew its position in Braze by 1.2% during the fourth quarter. Creative Planning now owns 21,827 shares of the company’s stock worth $1,160,000 after buying an additional 249 shares in the last quarter. Voya Investment Management LLC grew its position in Braze by 1.5% during the fourth quarter. Voya Investment Management LLC now owns 20,814 shares of the company’s stock worth $1,106,000 after buying an additional 299 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Braze by 4.3% in the 4th quarter. Legal & General Group Plc now owns 8,303 shares of the company’s stock worth $227,000 after purchasing an additional 340 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Braze by 70.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,406 shares of the company’s stock worth $66,000 after purchasing an additional 579 shares in the last quarter. Finally, Comerica Bank boosted its holdings in shares of Braze by 377.2% in the 4th quarter. Comerica Bank now owns 940 shares of the company’s stock worth $50,000 after purchasing an additional 743 shares in the last quarter. 90.47% of the stock is currently owned by institutional investors.

Braze Company Profile

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers data ingestion products, such as 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 cohort syncing, which allow brands to sync user cohorts from partners; and Braze Cloud Data Ingestion that enables brands to harness their customer data.