Braze (NASDAQ:BRZE) Updates FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.420-0.430 for the period, compared to the consensus EPS estimate of -0.110. The company issued revenue guidance of $730.5 million-$731.5 million, compared to the consensus revenue estimate of $718.6 million. Braze also updated its Q4 2026 guidance to 0.130-0.140 EPS.

Braze Stock Performance

Shares of BRZE traded up $0.62 during trading hours on Tuesday, hitting $30.65. The stock had a trading volume of 4,960,844 shares, compared to its average volume of 1,536,738. The firm has a 50-day moving average price of $27.95 and a 200 day moving average price of $28.65. Braze has a fifty-two week low of $23.91 and a fifty-two week high of $48.33. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of -29.47 and a beta of 1.10.

Braze (NASDAQ:BRZE) last released its quarterly earnings data on Tuesday, December 9th. The company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.35). Braze had a negative net margin of 16.62% and a negative return on equity of 17.97%. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. As a group, analysts predict that Braze will post -0.98 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Barclays upped their price target on Braze from $35.00 to $39.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Wells Fargo & Company assumed coverage on Braze in a research note on Tuesday, September 30th. They set an “overweight” rating and a $40.00 target price for the company. Canaccord Genuity Group reiterated a “buy” rating and set a $43.00 target price on shares of Braze in a research report on Friday, September 5th. JMP Securities reissued a “market outperform” rating and issued a $68.00 price target on shares of Braze in a report on Friday, September 5th. Finally, UBS Group reduced their price objective on shares of Braze from $48.00 to $43.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Nineteen 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.com, Braze presently has an average rating of “Moderate Buy” and a consensus price target of $45.11.

Insider Buying and Selling

In other Braze news, CAO Pankaj Malik sold 4,174 shares of Braze stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $32.77, for a total transaction of $136,781.98. Following the sale, the chief accounting officer owned 62,756 shares of the company’s stock, valued at $2,056,514.12. The trade was a 6.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Susan Wiseman sold 5,474 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $26.64, for a total transaction of $145,827.36. Following the completion of the sale, the general counsel owned 224,250 shares of the company’s stock, valued at $5,974,020. This trade represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 68,557 shares of company stock worth $1,856,089 in the last ninety days. Company insiders own 18.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BRZE. Battery Management CORP. increased its position in shares of Braze by 70.2% during the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after acquiring an additional 1,000,000 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Braze by 28.8% during the 2nd quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock worth $65,197,000 after purchasing an additional 518,103 shares during the period. Optimus Prime Fund Management Co. Ltd. increased its holdings in Braze by 30.5% in the 2nd quarter. Optimus Prime Fund Management Co. Ltd. now owns 1,540,000 shares of the company’s stock valued at $43,274,000 after purchasing an additional 360,000 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Braze by 46.2% in the second quarter. The Manufacturers Life Insurance Company now owns 1,362,076 shares of the company’s stock valued at $38,274,000 after purchasing an additional 430,671 shares during the period. Finally, Bank of America Corp DE lifted its stake in Braze by 238.2% during the third quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock worth $38,429,000 after purchasing an additional 951,674 shares in the last quarter. 90.47% of the stock is owned by hedge funds and other institutional investors.

About Braze

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.