Citigroup Issues Pessimistic Forecast for Braze (NASDAQ:BRZE) Stock Price

Braze (NASDAQ:BRZE) had its price target cut by Citigroup from $53.00 to $46.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s target price indicates a potential upside of 97.34% from the company’s current price.

Several other research analysts have also issued reports on BRZE. Barclays increased their target price on Braze from $29.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $43.00 price target on shares of Braze in a research note on Monday. UBS Group lowered their price objective on Braze from $43.00 to $28.00 and set a “buy” rating for the company in a research report on Wednesday. BTIG Research dropped their target price on shares of Braze from $45.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Finally, Oppenheimer reduced their target price on shares of Braze from $40.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday. Twenty-two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.67.

Braze Price Performance

Shares of NASDAQ BRZE opened at $23.31 on Wednesday. Braze has a 1 year low of $15.26 and a 1 year high of $43.89. The stock has a market capitalization of $2.62 billion, a P/E ratio of -19.11 and a beta of 1.08. The company’s 50-day moving average is $19.80 and its 200 day moving average is $26.51.

Braze (NASDAQ:BRZE) last issued its quarterly earnings data on Tuesday, March 24th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.04). The company had revenue of $205.17 million during the quarter, compared to analysts’ expectations of $198.23 million. Braze had a negative return on equity of 19.30% and a negative net margin of 17.78%.The business’s quarterly revenue was up 27.9% on a year-over-year basis. During the same quarter last year, the business earned $0.12 earnings per share. Research analysts anticipate that Braze will post -0.98 earnings per share for the current year.

Insider Activity at Braze

In other Braze news, CAO Pankaj Malik sold 2,893 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $48,978.49. Following the sale, the chief accounting officer directly owned 50,679 shares of the company’s stock, valued at approximately $857,995.47. The trade was a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO William Magnuson sold 26,413 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $447,172.09. Following the completion of the sale, the chief executive officer directly owned 4,491,098 shares in the company, valued at approximately $76,034,289.14. This represents a 0.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 60,676 shares of company stock worth $1,027,661 over the last quarter. 18.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Braze

A number of hedge funds have recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its position in Braze by 23.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 16,226 shares of the company’s stock valued at $556,000 after purchasing an additional 3,134 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Braze by 3,650.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after buying an additional 803 shares during the last quarter. Invesco Ltd. raised its holdings in Braze by 9.5% in the fourth quarter. Invesco Ltd. now owns 97,486 shares of the company’s stock worth $3,343,000 after buying an additional 8,495 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Braze by 7.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,878 shares of the company’s stock worth $784,000 after buying an additional 1,582 shares in the last quarter. Finally, Papamarkou Wellner Asset Management inc. bought a new position in shares of Braze in the fourth quarter worth approximately $331,000. Institutional investors own 90.47% of the company’s stock.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Management said more brands are adopting Braze’s AI marketing tools and expects adjusted operating profits to increase materially — reinforcing the growth / margin-recovery story. Why Braze Stock Surged Today
• Positive Sentiment: Q4 revenue topped expectations and management authorized a $100M buyback (including a $50M ASR). The combination of top-line beat, buyback, and strong guidance is the primary near-term bullish catalyst. These Analysts Revise Their Forecasts On Braze Following Q4 Results
• Positive Sentiment: Analysts and commentators emphasize AI-driven product expansion and strong enterprise demand; several firms reiterated or raised ratings despite mixed target moves — supporting the recovery narrative. BRZE Q4 Deep Dive
• Positive Sentiment: Unusually large call-option activity (≈8,070 calls) signals speculative or institutional bullish positioning immediately after the print (short-term demand pressure on the stock).
• Neutral Sentiment: While revenue beat, Braze missed EPS (reported $0.10 vs. ~ $0.115 expected) — a near-term negative for profitability metrics but management attributes margin pressure to growth investments. Q4 Earnings Call Transcript
• Negative Sentiment: Multiple brokers trimmed price targets (Citigroup, Goldman, UBS, Oppenheimer, Stifel, Mizuho, Piper, others) — signaling cautious/discounted valuations and leaving upside dependent on execution against raised guidance.

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.