Citizens Jmp Has Lowered Expectations for Braze (NASDAQ:BRZE) Stock Price

Braze (NASDAQ:BRZE) had its target price dropped by research analysts at Citizens Jmp from $68.00 to $35.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price objective would suggest a potential upside of 50.15% from the stock’s current price.

A number of other analysts have also recently commented on BRZE. Mizuho lifted their price target on Braze from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 10th. Canaccord Genuity Group reissued a “buy” rating and issued a $43.00 price objective on shares of Braze in a report on Monday. The Goldman Sachs Group reduced their price objective on Braze from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. DA Davidson dropped their target price on Braze from $42.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Finally, Stifel Nicolaus set a $40.00 price target on shares of Braze in a report on Monday, February 9th. 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. Based on data from MarketBeat, Braze currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.67.

Braze Trading Up 7.9%

NASDAQ BRZE opened at $23.31 on Wednesday. Braze has a 12-month low of $15.26 and a 12-month high of $43.89. The company has a fifty day simple moving average of $19.80 and a two-hundred day simple moving average of $26.51. The stock has a market cap of $2.62 billion, a P/E ratio of -19.11 and a beta of 1.08.

Braze (NASDAQ:BRZE) last announced its quarterly earnings data on Tuesday, March 24th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Braze had a negative net margin of 17.78% and a negative return on equity of 19.30%. The company had revenue of $205.17 million for the quarter, compared to analysts’ expectations of $198.23 million. During the same period last year, the firm earned $0.12 earnings per share. Braze’s quarterly revenue was up 27.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Braze will post -0.98 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO William Magnuson sold 26,413 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 value of $447,172.09. Following the completion of the transaction, the chief executive officer owned 4,491,098 shares of the company’s stock, valued at $76,034,289.14. The trade was a 0.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Susan Wiseman sold 4,167 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $17.03, for a total value 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 approximately $3,573,983.92. This trade represents a 1.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 60,676 shares of company stock valued at $1,027,661 in the last 90 days. 18.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

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

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.