Braze (NASDAQ:BRZE) Announces Earnings Results

Braze (NASDAQ:BRZE) released its quarterly earnings results on Tuesday. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.04), FiscalAI reports. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The company had revenue of $205.17 million for the quarter, compared to analysts’ expectations of $198.23 million.

Braze Stock Down 4.8%

Shares of NASDAQ:BRZE traded down $0.90 during midday trading on Tuesday, reaching $18.02. The company’s stock had a trading volume of 4,310,917 shares, compared to its average volume of 2,922,207. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of -16.38 and a beta of 1.08. The business has a 50 day moving average price of $20.17 and a 200 day moving average price of $26.66. Braze has a 1 year low of $15.26 and a 1 year high of $43.89.

Insider Activity

In other Braze news, CTO Jonathan Hyman sold 7,391 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $125,129.63. Following the sale, the chief technology officer directly owned 1,692,933 shares of the company’s stock, valued at approximately $28,661,355.69. This trade represents a 0.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William Magnuson sold 26,413 shares of Braze stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $447,172.09. Following the completion of the sale, the chief executive officer owned 4,491,098 shares of the company’s stock, valued at $76,034,289.14. This trade represents a 0.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 60,676 shares of company stock valued at $1,027,661 in the last three months. Company insiders own 18.20% of the company’s stock.

Institutional Investors Weigh In On Braze

A number of institutional investors have recently bought and sold shares of the stock. Alyeska Investment Group L.P. increased its position in Braze by 592.4% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock worth $72,181,000 after purchasing an additional 1,801,019 shares during the last quarter. UBS Group AG boosted its holdings in shares of Braze by 421.1% in the 3rd quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock valued at $36,394,000 after purchasing an additional 1,034,087 shares during the last quarter. Battery Management CORP. boosted its holdings in shares of Braze by 70.2% in the 3rd quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after purchasing an additional 1,000,000 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Braze by 238.2% during the 3rd quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock valued at $38,429,000 after buying an additional 951,674 shares during the period. Finally, Scopia Capital Management LP purchased a new stake in shares of Braze during the 3rd quarter valued at $19,594,000. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q4 revenue beat and upbeat company commentary — Braze reported $205.17M in revenue vs. consensus ~$198.2M and described an “exceptional Q4” with accelerating organic revenue growth and improved operating leverage, which supports the business growth story. Braze Reports Fiscal Year and Fourth Quarter 2026 Results
• Positive Sentiment: Analyst reaffirmation — Canaccord reiterated a “buy” and kept a high $43 price target, providing a bullish counterpoint that suggests upside if execution continues. Canaccord Reaffirms Buy on Braze
• Neutral Sentiment: Street forecast updates ahead of the print — several analyst models were adjusted in the run-up to the report; these notes provide context but are mixed in tone. Braze gears up for Q4 print
• Neutral Sentiment: Pre-earnings coverage and expectations pieces helped set mixed investor expectations heading into the print. Braze reports earnings tomorrow: What to expect
• Neutral Sentiment: Short-interest data published looks noisy/invalid (reported as 0 shares / NaN increase), so it provides no clear directional signal today.
• Negative Sentiment: EPS miss and profitability metrics — Braze reported $0.10 EPS vs. $0.14 consensus, and remains unprofitable on margins/ROE (negative net margin and negative ROE), which directly hurts sentiment for near-term earnings improvement. Earnings Release / Slide Deck (PDF)
• Negative Sentiment: Analyst price-target cuts — Several firms trimmed targets this week (DA Davidson and TD Cowen to $30; BTIG to $25), which likely amplified selling pressure after the mixed print. DA Davidson Cuts Braze Price Target
• Negative Sentiment: Additional PT cuts — TD Cowen cut to $30 and BTIG cut to $25, reinforcing a more cautious near-term view on valuation and growth execution. TD Cowen Cuts Braze Price Target BTIG Cuts Braze Price Target

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Braze from $45.00 to $32.00 and set an “overweight” rating on the stock in a research note on Thursday, March 12th. Barclays boosted their target price on shares of Braze from $39.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. The Goldman Sachs Group reduced their target price on shares of Braze from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $38.00 price target on shares of Braze in a research note on Wednesday, December 10th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $50.00 price target on shares of Braze in a report on Wednesday, January 14th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Braze currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.48.

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.