Piper Sandler Has Lowered Expectations for Braze (NASDAQ:BRZE) Stock Price

Braze (NASDAQ:BRZE) had its target price cut by equities research analysts at Piper Sandler from $30.00 to $27.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price objective points to a potential upside of 15.83% from the company’s current price.

Other research analysts also recently issued reports about the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $38.00 target price on shares of Braze in a research report on Wednesday, December 10th. TD Cowen reduced their price target on shares of Braze from $43.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Wolfe Research raised shares of Braze to an “overweight” rating in a research note on Wednesday, December 10th. DA Davidson lowered their price objective on shares of Braze from $42.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, March 20th. Finally, Barclays boosted their target price on shares of Braze from $39.00 to $45.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th. Twenty-two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Braze presently has an average rating of “Moderate Buy” and an average target price of $36.67.

Braze Stock Up 7.9%

Shares of Braze stock opened at $23.31 on Wednesday. Braze has a twelve month low of $15.26 and a twelve month high of $43.89. The business has a 50-day moving average price of $19.80 and a 200-day moving average price of $26.51. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of -19.11 and a beta of 1.08.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Tuesday, March 24th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The firm had revenue of $205.17 million for the quarter, compared to the consensus estimate of $198.23 million. Braze had a negative net margin of 17.78% and a negative return on equity of 19.30%. Braze’s quarterly revenue was up 27.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 earnings per share. On average, equities analysts expect that Braze will post -0.98 EPS for the current fiscal year.

Insider Activity at Braze

In other Braze news, CEO William Magnuson sold 26,413 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $447,172.09. Following the transaction, the chief executive officer owned 4,491,098 shares in the company, valued at $76,034,289.14. The trade was a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Jonathan Hyman sold 7,391 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total transaction of $125,129.63. Following the completion of the sale, the chief technology officer directly owned 1,692,933 shares in the company, valued at approximately $28,661,355.69. This represents a 0.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 60,676 shares of company stock worth $1,027,661 in the last ninety days. Corporate insiders own 18.20% of the company’s stock.

Hedge Funds Weigh In On Braze

A number of large investors have recently made changes to their positions in BRZE. Vanguard Group Inc. grew its holdings in Braze by 10.0% during the 4th quarter. Vanguard Group Inc. now owns 9,851,050 shares of the company’s stock valued at $337,793,000 after purchasing an additional 892,635 shares during the last quarter. Champlain Investment Partners LLC lifted its stake in Braze by 10.8% in the third quarter. Champlain Investment Partners LLC now owns 2,687,928 shares of the company’s stock worth $76,445,000 after purchasing an additional 261,351 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Braze by 6.0% in the third quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company’s stock worth $69,831,000 after purchasing an additional 139,133 shares during the last quarter. Battery Management CORP. boosted its position in shares of Braze by 70.2% during the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after buying an additional 1,000,000 shares during the period. Finally, Alliancebernstein L.P. boosted its position in shares of Braze by 28.8% during the second quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock valued at $65,197,000 after buying an additional 518,103 shares during the period. 90.47% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Braze

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.