Braze (NASDAQ:BRZE) Releases Q3 2027 Earnings Guidance

Braze (NASDAQ:BRZE) updated its third quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.130-0.140 for the period, compared to the consensus earnings per share estimate of 0.090. The company issued revenue guidance of $229.0 million-$230.0 million, compared to the consensus revenue estimate of $227.7 million. Braze also updated its FY 2027 guidance to 0.640-0.650 EPS.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Citigroup reduced their price objective on Braze from $49.00 to $48.00 and set a “buy” rating on the stock in a report on Friday, May 29th. Mizuho dropped their price target on Braze from $40.00 to $32.00 and set an “outperform” rating on the stock in a research report on Thursday, May 28th. Weiss Ratings restated a “sell (e+)” rating on shares of Braze in a research note on Tuesday, July 7th. DA Davidson lifted their price objective on Braze from $33.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. Finally, The Goldman Sachs Group set a $34.00 price objective on shares of Braze and gave the stock a “buy” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Braze has a consensus rating of “Moderate Buy” and a consensus price target of $36.59.

Braze Stock Down 5.2%

Shares of NASDAQ BRZE traded down $1.65 during trading hours on Tuesday, hitting $30.31. 6,186,471 shares of the stock were exchanged, compared to its average volume of 2,934,892. Braze has a 12 month low of $15.26 and a 12 month high of $37.33. The firm has a fifty day moving average price of $27.40 and a 200-day moving average price of $23.45. The company has a market cap of $3.41 billion, a PE ratio of -27.06 and a beta of 0.88.

Braze (NASDAQ:BRZE) last released its quarterly earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.03. Braze had a negative net margin of 15.51% and a negative return on equity of 17.52%. The business had revenue of $227.23 million for the quarter, compared to analyst estimates of $220.27 million. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. As a group, equities analysts anticipate that Braze will post -0.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CRO Edward Mcdonnell sold 29,732 shares of Braze stock in a transaction on Monday, August 24th. The shares were sold at an average price of $31.38, for a total transaction of $932,990.16. Following the completion of the sale, the executive directly owned 409,630 shares in the company, valued at approximately $12,854,189.40. The trade was a 6.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jonathan Hyman sold 42,000 shares of Braze stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $32.47, for a total value of $1,363,740.00. Following the sale, the chief technology officer directly owned 1,143,219 shares of the company’s stock, valued at approximately $37,120,320.93. This represents a 3.54% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 203,568 shares of company stock valued at $6,096,461. Insiders own 12.50% of the company’s stock.

Hedge Funds Weigh In On Braze

A number of institutional investors have recently modified their holdings of BRZE. Invesco Ltd. lifted its holdings in shares of Braze by 9.5% in the 4th quarter. Invesco Ltd. now owns 97,486 shares of the company’s stock valued at $3,343,000 after buying an additional 8,495 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Braze by 7.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,878 shares of the company’s stock worth $784,000 after acquiring an additional 1,582 shares during the period. Papamarkou Wellner Asset Management inc. purchased a new position in Braze during the fourth quarter valued at approximately $331,000. XTX Topco Ltd boosted its holdings in Braze by 212.3% during the fourth quarter. XTX Topco Ltd now owns 22,517 shares of the company’s stock worth $772,000 after buying an additional 15,306 shares in the last quarter. Finally, Twinbeech Capital LP grew its position in shares of Braze by 548.7% during the 4th quarter. Twinbeech Capital LP now owns 72,841 shares of the company’s stock valued at $2,498,000 after acquiring an additional 61,613 shares during the period. Hedge funds and other institutional investors own 90.47% of the company’s stock.

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.