BTIG Research Cuts Braze (NASDAQ:BRZE) Price Target to $25.00

Braze (NASDAQ:BRZE) had its target price reduced by BTIG Research from $45.00 to $25.00 in a report released on Friday morning,Benzinga reports. BTIG Research currently has a buy rating on the stock.

A number of other brokerages also recently issued reports on BRZE. Citigroup boosted their price objective on shares of Braze from $52.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Wolfe Research raised shares of Braze to an “overweight” rating in a research report on Wednesday, December 10th. Piper Sandler cut their target price on shares of Braze from $50.00 to $30.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. JPMorgan Chase & Co. reduced their price target on shares of Braze from $45.00 to $32.00 and set an “overweight” rating on the stock in a research report on Thursday, March 12th. Finally, Oppenheimer reissued an “outperform” rating and issued a $40.00 price target on shares of Braze in a research note on Wednesday, December 10th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $41.48.

Braze Stock Down 4.6%

Shares of Braze stock opened at $18.33 on Friday. The company has a market cap of $2.06 billion, a PE ratio of -16.66 and a beta of 1.08. The business has a 50 day moving average of $20.40 and a 200 day moving average of $26.72. Braze has a 52 week low of $15.26 and a 52 week high of $43.89.

Insider Activity

In related news, General Counsel Susan Wiseman sold 4,167 shares of Braze stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $17.03, for a total transaction of $70,964.01. Following the completion of the transaction, the general counsel directly owned 209,864 shares of the company’s stock, valued at $3,573,983.92. This trade represents a 1.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Pankaj Malik sold 2,893 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $48,978.49. Following the sale, the chief accounting officer directly owned 50,679 shares in the company, valued at $857,995.47. The trade was a 5.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 60,676 shares of company stock worth $1,027,661. 18.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Braze

Several large investors have recently made changes to their positions in BRZE. NBC Securities Inc. bought a new stake in shares of Braze in the 4th quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd increased its position in Braze by 3,650.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock valued at $28,000 after buying an additional 803 shares in the last quarter. Osaic Holdings Inc. raised its stake in Braze by 821.1% during the second 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 last quarter. Quarry LP purchased a new position in Braze during the third quarter valued at $46,000. Finally, Clearstead Advisors LLC boosted its holdings in Braze by 58.2% in the third quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock worth $48,000 after acquiring an additional 620 shares in the last quarter. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

Braze News Roundup

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst/fundamental support: A recent piece highlights replacement-cycle trends and evolving fundamentals as supportive for Braze and notes J.P. Morgan kept an Overweight stance even after trimming its price target — a sign some sell-side analysts still view the business favorably. Replacement Cycle Trends and Evolving Fundamentals Offer Support to Braze (InsiderMonkey)
• Neutral Sentiment: Bullish consensus metric: Aggregate analyst targets imply a large upside (Zacks highlights a consensus suggesting ~126% upside), which can attract long-term value or momentum buyers even if the metric is volatile. Wall Street Analysts See a 126.44% Upside in Braze (Zacks)
• Neutral Sentiment: Short-interest data appears anomalous/erroneous in recent reports (system shows zero shares or NaN for March filings). Treat reported “large increase” notes with caution until corrected filings confirm true short volume. (No reliable external link provided.)
• Negative Sentiment: TD Cowen cut its price target from $43 to $30 but kept a Buy rating — the lower target increases near-term selling pressure. TD Cowen price-target cut (Benzinga)
• Negative Sentiment: DA Davidson trimmed its target from $42 to $30 while maintaining a Buy — another downward revision adding to negative sentiment. DA Davidson price-target cut (Benzinga)
• Negative Sentiment: BTIG reduced its target from $45 to $25 (still a Buy), representing the most aggressive cut among recent brokers and likely contributing to the intraday decline. BTIG price-target cut (Benzinga)

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.