Braze (NASDAQ:BRZE) Issues FY 2025 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of -0.120–0.080 for the period, compared to the consensus EPS estimate of -0.020. The company issued revenue guidance of $570.0 million-$575.0 million, compared to the consensus revenue estimate of $572.2 million. Braze also updated its FY25 guidance to $(0.12)-$(0.08) EPS.

Braze Stock Down 12.4 %

NASDAQ:BRZE opened at $44.30 on Friday. Braze has a 52 week low of $25.76 and a 52 week high of $61.53. The firm has a 50 day moving average of $54.88 and a 200 day moving average of $51.19. The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of -31.87 and a beta of 1.21.

Analyst Ratings Changes

Several analysts recently commented on the stock. DA Davidson restated a buy rating and set a $65.00 price target on shares of Braze in a research report on Monday. William Blair reissued an outperform rating on shares of Braze in a research note on Thursday. UBS Group raised shares of Braze from a neutral rating to a buy rating and set a $62.00 target price for the company in a research note on Thursday, March 21st. Barclays boosted their price target on shares of Braze from $65.00 to $80.00 and gave the stock an overweight rating in a research report on Thursday, December 7th. Finally, JMP Securities boosted their price target on shares of Braze from $56.00 to $68.00 and gave the stock a market outperform rating in a research report on Thursday, December 7th. One analyst has rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of $64.29.

Insider Activity

In other news, CEO William Magnuson sold 11,874 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $57.51, for a total value of $682,873.74. Following the sale, the chief executive officer now directly owns 636,514 shares of the company’s stock, valued at approximately $36,605,920.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, General Counsel Susan Wiseman sold 2,838 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $57.52, for a total transaction of $163,241.76. Following the sale, the general counsel now directly owns 206,358 shares of the company’s stock, valued at approximately $11,869,712.16. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO William Magnuson sold 11,874 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $57.51, for a total transaction of $682,873.74. Following the sale, the chief executive officer now directly owns 636,514 shares in the company, valued at $36,605,920.14. The disclosure for this sale can be found here. In the last three months, insiders have sold 75,471 shares of company stock valued at $4,196,153. Company insiders own 26.48% of the company’s stock.

Institutional Investors Weigh In On Braze

Large investors have recently added to or reduced their stakes in the business. Comerica Bank grew its holdings in Braze by 377.2% in the fourth quarter. Comerica Bank now owns 940 shares of the company’s stock valued at $50,000 after purchasing an additional 743 shares during the period. KBC Group NV purchased a new position in shares of Braze in the fourth quarter valued at $56,000. Royal Bank of Canada boosted its stake in shares of Braze by 189.3% in the third quarter. Royal Bank of Canada now owns 1,160 shares of the company’s stock valued at $40,000 after purchasing an additional 759 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of Braze by 70.0% in the third quarter. Advisors Asset Management Inc. now owns 1,406 shares of the company’s stock valued at $66,000 after purchasing an additional 579 shares during the period. Finally, State of Wyoming purchased a new position in shares of Braze in the second quarter valued at $73,000. 90.47% of the stock is owned by hedge funds and other 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.