Braze’s (BRZE) Buy Rating Reiterated at DA Davidson

DA Davidson reissued their buy rating on shares of Braze (NASDAQ:BRZE) in a report issued on Wednesday morning,Benzinga reports. DA Davidson currently has a $40.00 target price on the stock.

Several other brokerages have also recently weighed in on BRZE. Stifel Nicolaus set a $35.00 price target on shares of Braze in a research note on Wednesday. Oppenheimer boosted their price objective on shares of Braze from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 target price on shares of Braze in a research report on Wednesday. BTIG Research reiterated a “buy” rating and issued a $35.00 price target on shares of Braze in a research note on Wednesday. Finally, Raymond James Financial boosted their price target on shares of Braze from $27.00 to $33.00 and gave the stock an “outperform” rating in a research report on Wednesday. Twenty equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.21.

Braze Stock Performance

Shares of Braze stock opened at $23.94 on Wednesday. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of -23.24 and a beta of 0.88. The stock’s 50-day moving average is $27.60 and its 200-day moving average is $23.64. Braze has a one year low of $15.26 and a one year high of $37.33. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.27 and a quick ratio of 1.24.

Braze (NASDAQ:BRZE) last posted its quarterly earnings data on Tuesday, September 8th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03. The company had revenue of $227.23 million during the quarter, compared to analysts’ expectations of $220.27 million. Braze had a negative return on equity of 16.11% and a negative net margin of 13.55%.Braze’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 earnings per share. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. Equities analysts predict that Braze will post -0.77 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Braze news, CTO Jonathan Hyman sold 42,000 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $32.47, for a total transaction 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 ownership of the stock. The transaction 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, CRO Edward Mcdonnell sold 29,732 shares of the 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 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 203,568 shares of company stock worth $6,096,461. Insiders own 12.50% of the company’s stock.

Institutional Investors Weigh In On Braze

Several hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System grew its holdings in Braze by 1,832.1% during the second quarter. California State Teachers Retirement System now owns 2,019,361 shares of the company’s stock worth $43,800,000 after purchasing an additional 1,914,845 shares during the period. Alyeska Investment Group L.P. raised its stake in Braze by 592.4% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock valued at $72,181,000 after buying an additional 1,801,019 shares during the period. UBS Group AG raised its stake in Braze by 421.1% in the third quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock valued at $36,394,000 after buying an additional 1,034,087 shares during the period. Battery Management CORP. lifted its position in shares of Braze by 70.2% in the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after buying an additional 1,000,000 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Braze by 238.2% in the third quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock valued at $38,429,000 after buying an additional 951,674 shares during the last quarter. 90.47% of the stock is currently owned by institutional investors and hedge funds.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst support remains strong. Piper Sandler reiterated its Overweight rating, while Citizens JMP maintained “Market Outperform,” BTIG Research reiterated “Buy,” and D.A. Davidson also issued a Buy rating. TD Cowen likewise reaffirmed its Buy recommendation. Piper Sandler Reaffirms Overweight Rating for Braze
• Positive Sentiment: Strong quarterly execution provides support. Braze reported quarterly earnings of $0.19 per share versus the $0.16 consensus estimate, while revenue of $227.2 million exceeded expectations of $220.3 million and increased 26.2% year over year. Analysts cited revenue growth and improving net retention as reasons the selloff could represent a buying opportunity. Why Braze’s Guidance Miss May Be a Gift for Investors
• Positive Sentiment: Stephens expects substantial upside for BRZE, adding to the favorable analyst outlook. Stephens Forecasts Strong Price Appreciation for Braze
• Neutral Sentiment: JPMorgan lowered its price target to $34, but the revised target remains above the stock’s recent trading level, suggesting reduced expectations rather than a bearish call. JPMorgan Lowers Braze Price Target
• Neutral Sentiment: Braze presented at Citi’s 2026 Global TMT Conference, potentially giving investors additional information on strategy and growth, though no specific new financial catalyst was reported. Braze Citi Conference Transcript
• Negative Sentiment: Soft third-quarter profit guidance triggered the recent decline. The weaker outlook overshadowed the second-quarter earnings and revenue beats, raising concerns about near-term growth and profitability. Braze Dips on Weak Q3 Profit Outlook
• Negative Sentiment: Put-option activity was unusually high, with 5,672 puts purchased—180% above average—indicating increased near-term hedging or bearish speculation.

Braze Company Profile

Braze, Inc is a customer engagement software company that helps businesses build and manage personalized interactions with consumers. Its platform enables organizations to collect and analyze customer data, create audience segments, and coordinate marketing campaigns across multiple digital channels.

The Braze platform supports messaging through mobile and web push notifications, in-app messages, email, SMS, and other communication channels. It also provides tools for campaign orchestration, automation, experimentation, analytics, and artificial intelligence to help brands deliver more relevant and timely customer experiences.

Founded in 2011 as Appboy, the company later adopted the Braze name as it expanded its customer engagement offerings.