Braze (NASDAQ:BRZE) Issues Q2 2027 Earnings Guidance

Braze (NASDAQ:BRZE) updated its second quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.150-0.160 for the period, compared to the consensus EPS estimate of 0.070. The company issued revenue guidance of $219.5 million-$220.5 million, compared to the consensus revenue estimate of $216.4 million.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Oppenheimer decreased their price objective on shares of Braze from $40.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. UBS Group decreased their price objective on shares of Braze from $43.00 to $28.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Piper Sandler decreased their price objective on shares of Braze from $30.00 to $27.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 25th. Canaccord Genuity Group reiterated a “buy” rating and set a $43.00 price target on shares of Braze in a research report on Monday, March 23rd. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $35.00 price target on shares of Braze in a research report on Wednesday, April 29th. Twenty-two 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 stock. According to data from MarketBeat, Braze presently has a consensus rating of “Moderate Buy” and an average target price of $36.90.

Braze Price Performance

NASDAQ BRZE traded down $0.87 on Wednesday, reaching $24.58. 5,291,357 shares of the company’s stock traded hands, compared to its average volume of 3,149,009. Braze has a 12 month low of $15.26 and a 12 month high of $37.67. The stock has a 50-day simple moving average of $21.91 and a 200 day simple moving average of $24.55. The stock has a market cap of $2.79 billion, a PE ratio of -20.15 and a beta of 0.78.

Braze (NASDAQ:BRZE) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $0.10 EPS for the quarter, meeting analysts’ consensus estimates of $0.10. Braze had a negative net margin of 17.78% and a negative return on equity of 18.75%. The business had revenue of $211.00 million for the quarter, compared to analysts’ expectations of $205.19 million. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. As a group, analysts anticipate that Braze will post -0.87 EPS for the current year.

Insider Activity

In other news, General Counsel Susan Wiseman sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $20.29, for a total value of $710,150.00. Following the transaction, the general counsel owned 209,424 shares in the company, valued at approximately $4,249,212.96. This trade represents a 14.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 18.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its holdings in shares of Braze by 3,650.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after purchasing an additional 803 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Braze by 821.1% in the second 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 position in shares of Braze in the third quarter worth approximately $46,000. Kemnay Advisory Services Inc. bought a new position in shares of Braze in the fourth quarter worth approximately $52,000. Finally, Quantbot Technologies LP bought a new position in shares of Braze in the third quarter worth approximately $163,000. Institutional investors own 90.47% of the company’s stock.

About Braze

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.