Braze, Inc. (NASDAQ:BRZE) Receives $36.59 Consensus Target Price from Brokerages

Shares of Braze, Inc. (NASDAQ:BRZE) have been given a consensus recommendation of “Moderate Buy” by the twenty-two brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and twenty have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $38.2105.

Several research firms have issued reports on BRZE. Cantor Fitzgerald restated an “overweight” rating on shares of Braze in a report on Wednesday. Piper Sandler reissued an “overweight” rating and issued a $30.00 target price (up from $27.00) on shares of Braze in a research report on Wednesday. Stephens restated a “hold” rating on shares of Braze in a report on Wednesday. Mizuho set a $52.00 price target on shares of Braze in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Braze in a research note on Tuesday, July 7th.

Insider Transactions at Braze

In related news, CRO Edward M. Mcdonnell sold 29,732 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $31.38, for a total value of $932,990.16. Following the completion of the sale, the executive directly owned 409,630 shares of the company’s stock, valued at approximately $12,854,189.40. This represents a 6.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Astha Malik sold 15,724 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $29.57, for a total value of $464,958.68. Following the completion of the transaction, the insider owned 326,233 shares in the company, valued at $9,646,709.81. This represents a 4.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 203,568 shares of company stock valued at $6,096,461 over the last quarter. Company insiders own 12.50% of the company’s stock.

Institutional Investors Weigh In On Braze

A number of institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc grew its holdings in shares of Braze by 13.3% during the 2nd quarter. Versant Capital Management Inc now owns 4,692 shares of the company’s stock valued at $102,000 after acquiring an additional 552 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Braze by 7.2% during the third quarter. Envestnet Asset Management Inc. now owns 11,080 shares of the company’s stock worth $315,000 after acquiring an additional 746 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock valued at $28,000 after purchasing an additional 803 shares during the last quarter. MetLife Investment Management LLC grew its stake in Braze by 1.9% in the fourth quarter. MetLife Investment Management LLC now owns 47,231 shares of the company’s stock valued at $1,620,000 after purchasing an additional 890 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in Braze by 8.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 13,628 shares of the company’s stock valued at $467,000 after purchasing an additional 1,020 shares in the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.

Key Headlines Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Braze reported second-quarter adjusted earnings of $0.19 per share, above the $0.16 consensus estimate, while revenue increased 26.2% year over year to $227.2 million, exceeding expectations of $220.3 million. Management also cited record second-quarter free cash flow and improving operating leverage. Braze Reports Strong Fiscal Second Quarter 2027 Results
• Positive Sentiment: The company raised fiscal 2027 revenue guidance to $910 million-$913 million, compared with the $898.4 million analyst consensus, and lifted adjusted EPS guidance to $0.64-$0.65 versus expectations of $0.35. Third-quarter revenue and EPS guidance also exceeded consensus estimates. Braze stock falls after Q2 beat, guidance raise
• Positive Sentiment: Several analysts remain constructive: DA Davidson reaffirmed a Buy rating with a $40 target, while Stephens, Piper Sandler, BTIG Research and Citizens JMP maintained positive ratings and targets ranging from $30 to $35. JPMorgan retained an Overweight rating despite trimming its target to $34.
• Neutral Sentiment: Investor commentary highlighted continued AI product adoption, expansion among larger enterprise customers and potential benefits from vendor consolidation. However, competition and changing customer priorities remain important risks for the customer-engagement software market. BRZE Q2 Deep Dive
• Negative Sentiment: The earnings beat and guidance increase were overshadowed by concerns that projected third-quarter profit growth was weaker than investors expected. The selloff suggests the market was positioned for an even stronger outlook, with some investors also focused on ongoing losses, valuation sensitivity and competitive pressure. Braze Stock Plummets After Disappointing Profit Outlook

Braze Stock Performance

Shares of NASDAQ:BRZE opened at $23.73 on Monday. The company has a market capitalization of $2.67 billion, a PE ratio of -23.04 and a beta of 0.88. The stock has a fifty day moving average of $27.58 and a 200-day moving average of $23.58. Braze has a one year low of $15.26 and a one year high of $37.33.

Braze (NASDAQ:BRZE) last announced its earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. Braze had a negative return on equity of 16.09% and a negative net margin of 13.55%.The company had revenue of $227.23 million for the quarter, compared to analyst estimates of $220.27 million. During the same period in the previous year, the firm earned $0.15 earnings per share. Braze’s revenue for the quarter was up 26.2% compared to the same quarter last year. 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, research analysts forecast that Braze will post -0.78 EPS for the current fiscal year.

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.