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

Braze, Inc. (NASDAQ:BRZE) has earned a consensus rating of “Moderate Buy” from the twenty-four brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, twenty-one have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $46.9524.

A number of analysts have commented on BRZE shares. Wells Fargo & Company boosted their target price on Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Wolfe Research raised Braze to an “overweight” rating in a research note on Wednesday, December 10th. Citigroup boosted their price objective on shares of Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. UBS Group dropped their target price on shares of Braze from $48.00 to $43.00 and set a “buy” rating for the company in a report on Friday, September 5th. Finally, William Blair restated an “outperform” rating on shares of Braze in a research report on Wednesday, October 1st.

Braze Stock Down 1.4%

Shares of BRZE opened at $34.77 on Wednesday. The company has a 50-day simple moving average of $30.33 and a 200-day simple moving average of $28.81. Braze has a 52-week low of $23.91 and a 52-week high of $48.33. The company has a market capitalization of $3.90 billion, a PE ratio of -31.61 and a beta of 1.10.

Braze (NASDAQ:BRZE) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. The company had revenue of $190.84 million during the quarter, compared to the consensus estimate of $198.25 million. Braze had a negative net margin of 16.85% and a negative return on equity of 17.87%. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period last year, the firm earned $0.02 EPS. 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, research analysts anticipate that Braze will post -0.98 EPS for the current year.

Insider Activity

In other news, CEO William Magnuson sold 26,698 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total value of $711,234.72. Following the sale, the chief executive officer directly owned 694,746 shares in the company, valued at $18,508,033.44. This represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Astha Malik sold 14,322 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $26.64, for a total value of $381,538.08. Following the sale, the insider directly owned 219,338 shares in the company, valued at approximately $5,843,164.32. The trade was a 6.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 69,923 shares of company stock worth $1,917,418. 18.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BRZE. JPMorgan Chase & Co. boosted its position in Braze by 2.8% during the second quarter. JPMorgan Chase & Co. now owns 2,316,234 shares of the company’s stock worth $65,086,000 after acquiring an additional 64,025 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new position in shares of Braze during the 2nd quarter worth $736,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Braze during the 1st quarter worth $691,000. Versor Investments LP acquired a new stake in shares of Braze during the second quarter worth $638,000. Finally, AlphaQuest LLC grew its position in shares of Braze by 250.6% in the second quarter. AlphaQuest LLC now owns 17,899 shares of the company’s stock valued at $503,000 after purchasing an additional 12,794 shares during the period. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

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.