Braze (NASDAQ:BRZE) Hits New 52-Week Low – Should You Sell?

Braze, Inc. (NASDAQ:BRZE) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $23.26 and last traded at $23.4980, with a volume of 1506509 shares. The stock had previously closed at $25.48.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Braze in a research report on Monday, December 29th. BTIG Research assumed coverage on shares of Braze in a research note on Tuesday, December 16th. They issued a “buy” rating and a $45.00 price objective for the company. Citigroup boosted their target price on shares of Braze from $52.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Piper Sandler restated an “overweight” rating and issued a $50.00 target price on shares of Braze in a report on Wednesday, October 1st. Finally, Oppenheimer reiterated an “outperform” rating and set a $40.00 price target on shares of Braze in a report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.95.

Braze Stock Down 7.1%

The stock’s 50 day moving average price is $31.01 and its two-hundred day moving average price is $29.12. The firm has a market capitalization of $2.66 billion, a price-to-earnings ratio of -21.54 and a beta of 1.08.

Braze (NASDAQ:BRZE) last issued its earnings results on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The firm had revenue of $190.84 million for the quarter, compared to the consensus estimate of $198.25 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The business’s quarterly revenue was up 25.5% compared to the same quarter last year. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. On average, equities analysts expect that Braze, Inc. will post -0.98 EPS for the current fiscal year.

Insider Activity

In other news, insider Astha Malik sold 14,322 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $26.64, for a total transaction of $381,538.08. Following the transaction, the insider owned 219,338 shares in the company, valued at approximately $5,843,164.32. This trade represents a 6.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Jonathan Hyman sold 9,789 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total transaction of $260,778.96. Following the completion of the sale, the chief technology officer owned 195,317 shares of the company’s stock, valued at $5,203,244.88. This represents a 4.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 69,923 shares of company stock valued at $1,917,418. 18.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Braze

Several institutional investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. boosted its stake in shares of Braze by 173.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company’s stock worth $39,000 after acquiring an additional 870 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Braze by 821.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after purchasing an additional 1,404 shares during the last quarter. Quarry LP bought a new stake in Braze during the third quarter worth approximately $46,000. Clearstead Advisors LLC grew its holdings in Braze by 58.2% during the third quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock valued at $48,000 after purchasing an additional 620 shares during the last quarter. Finally, Covestor Ltd raised its position in shares of Braze by 35.7% in the third quarter. Covestor Ltd now owns 2,894 shares of the company’s stock valued at $82,000 after purchasing an additional 761 shares during the period. 90.47% of the stock is currently owned by institutional investors.

Braze Company Profile

Braze, Inc is a publicly traded software company (NASDAQ: BRZE) that offers a customer engagement platform designed to help brands build personalized relationships with their users. Founded in 2011 as Appboy by Bill Magnuson, Jon Hyman and Mark Ghermezian, the company adopted the Braze name in 2017 to underscore its focus on fostering strong connections between businesses and consumers. Its cloud-based platform consolidates messaging channels including push notifications, in-app messages, email and SMS, enabling companies to deliver timely, context-driven communications at scale.

The core functionality of Braze’s platform centers on data-driven segmentation, customer journey orchestration and real-time analytics.