Braze’s (BRZE) “Buy” Rating Reaffirmed at BTIG Research

Braze (NASDAQ:BRZE)‘s stock had its “buy” rating reissued by stock analysts at BTIG Research in a report issued on Wednesday, Benzinga reports. They currently have a $35.00 price objective on the stock. BTIG Research’s price objective indicates a potential upside of 15.47% from the company’s current price.

A number of other research firms have also recently commented on BRZE. Oppenheimer lifted their price objective on Braze from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $38.00 price target on shares of Braze in a research note on Thursday, May 28th. TD Cowen lifted their price target on shares of Braze from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of Braze in a research report on Tuesday, July 7th. Finally, Canaccord Genuity Group reduced their price objective on shares of Braze from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Braze has an average rating of “Moderate Buy” and an average target price of $38.47.

Braze Stock Down 5.2%

NASDAQ:BRZE opened at $30.31 on Wednesday. Braze has a 52-week low of $15.26 and a 52-week high of $37.33. The stock has a fifty day simple moving average of $27.57 and a 200-day simple moving average of $23.54. The company has a market capitalization of $3.41 billion, a PE ratio of -27.06 and a beta of 0.88.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, beating 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 company had revenue of $227.23 million for the quarter, compared to the consensus estimate of $220.27 million. During the same quarter in the prior year, the firm earned $0.15 earnings per share. The company’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, equities analysts anticipate that Braze will post -0.78 earnings per share for the current year.

Insiders Place Their Bets

In other Braze news, CTO Jonathan Hyman sold 42,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $32.47, for a total transaction of $1,363,740.00. Following the completion of the sale, the chief technology officer directly owned 1,143,219 shares in the company, valued at $37,120,320.93. This represents a 3.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Astha Malik sold 33,656 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $27.65, for a total transaction of $930,588.40. Following the sale, the insider directly owned 278,138 shares of the company’s stock, valued at approximately $7,690,515.70. This trade represents a 10.79% 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 have 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 Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp purchased a new stake in Braze during the 1st quarter worth $27,000. Caitong International Asset Management Co. Ltd increased its position in shares of Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after acquiring an additional 803 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in Braze during the 2nd quarter valued at approximately $36,000. Osaic Holdings Inc. grew its position in shares of Braze by 821.1% during the second quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after buying an additional 1,404 shares in the last quarter. Finally, Quarry LP bought a new position in Braze during the 3rd quarter valued at $46,000. 90.47% of the stock is owned by institutional investors and hedge funds.

Braze News Roundup

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q2 results exceeded estimates: Braze reported adjusted earnings of $0.19 per share versus the $0.16 consensus, while revenue rose 26.2% year over year to $227.23 million, above expectations of $220.27 million. Braze Reports Strong Fiscal Second Quarter 2027 Results
• Positive Sentiment: Management raised its outlook: Fiscal 2027 EPS guidance was set at $0.64-$0.65, well above the $0.35 analyst consensus, while revenue guidance of $910 million-$913 million exceeded the $898.4 million consensus. Third-quarter EPS guidance of $0.13-$0.14 and revenue guidance of $229 million-$230 million also topped estimates. Braze Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Improving profitability trends: Braze highlighted record second-quarter free cash flow, improving operating leverage and increasing customer adoption of its AI-powered engagement tools. These factors support the company’s longer-term growth and margin expansion story. Braze Q2 2027 Earnings Call Highlights

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.