Braze, Inc. (NASDAQ:BRZE) Given Consensus Rating of “Moderate Buy” by Brokerages

Braze, Inc. (NASDAQ:BRZE) has earned a consensus recommendation of “Moderate Buy” from the twenty-four ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $46.6190.

A number of brokerages have weighed in on BRZE. Oppenheimer reiterated an “outperform” rating and issued a $40.00 price target on shares of Braze in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Braze in a report on Monday, December 29th. The Goldman Sachs Group cut their price target on shares of Braze from $55.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday. BTIG Research began coverage on shares of Braze in a research report on Tuesday, December 16th. They issued a “buy” rating and a $45.00 price target on the stock. Finally, Barclays raised their price objective on shares of Braze from $39.00 to $45.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th.

Braze Stock Performance

Shares of Braze stock opened at $20.82 on Friday. The firm has a market cap of $2.34 billion, a P/E ratio of -18.93 and a beta of 1.08. The firm’s 50-day simple moving average is $30.10 and its 200-day simple moving average is $28.80. Braze has a twelve month low of $20.75 and a twelve month high of $47.60.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. Braze had a negative net margin of 16.85% and a negative return on equity of 17.87%. The firm had revenue of $190.84 million during the quarter, compared to analysts’ expectations of $198.25 million. During the same quarter last year, the company earned $0.02 earnings per share. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. On average, equities analysts forecast that Braze will post -0.98 earnings per share for the current fiscal year.

Insider Transactions at Braze

In related news, CAO Pankaj Malik sold 5,540 shares of Braze stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $35.76, for a total value of $198,110.40. Following the completion of the transaction, the chief accounting officer directly owned 53,572 shares of the company’s stock, valued at $1,915,734.72. The trade was a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Jonathan Hyman sold 9,789 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total transaction of $260,778.96. Following the sale, the chief technology officer directly owned 195,317 shares in the company, valued at approximately $5,203,244.88. This represents a 4.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 69,923 shares of company stock worth $1,917,418. 18.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Braze

A number of large investors have recently modified their holdings of BRZE. NBC Securities Inc. bought a new position in Braze in the 4th quarter worth approximately $27,000. SBI Securities Co. Ltd. boosted its position in Braze by 173.3% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company’s stock valued at $39,000 after buying an additional 870 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Braze by 821.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock valued at $44,000 after buying an additional 1,404 shares during the period. Quarry LP bought a new stake in shares of Braze during the third quarter worth $46,000. Finally, Clearstead Advisors LLC lifted its stake in shares of Braze by 58.2% during the third quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock valued at $48,000 after acquiring an additional 620 shares during the period. 90.47% of the stock is currently owned by institutional investors and hedge funds.

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.