Braze (NASDAQ:BRZE) Shares Up 5.9% After Analyst Upgrade

Shares of Braze, Inc. (NASDAQ:BRZE) shot up 5.9% during trading on Thursday after JPMorgan Chase & Co. raised their price target on the stock from $32.00 to $33.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Braze traded as high as $22.97 and last traded at $22.87. 1,001,432 shares were traded during mid-day trading, a decline of 68% from the average session volume of 3,084,046 shares. The stock had previously closed at $21.60.

Several other research firms have also issued reports on BRZE. Barclays lifted their price objective on shares of Braze from $29.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday. Wolfe Research upgraded Braze to an “overweight” rating in a report on Wednesday, December 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price target on shares of Braze in a research report on Wednesday. Wells Fargo & Company upped their price target on Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. Finally, DA Davidson lowered their price objective on Braze from $42.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Twenty-two research 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.67.

Insider Transactions at Braze

In other news, CEO William Magnuson sold 26,413 shares of the firm’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 sale, the chief executive officer directly owned 4,491,098 shares of the company’s stock, valued at approximately $76,034,289.14. This trade represents a 0.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Pankaj Malik sold 2,893 shares of Braze stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $48,978.49. Following the completion of the transaction, the chief accounting officer owned 50,679 shares in the company, valued at $857,995.47. The trade was a 5.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 60,676 shares of company stock worth $1,027,661. Corporate insiders own 18.20% of the company’s stock.

More Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Company reported a hot quarter with ~28% revenue growth, a swollen backlog/RPO (~$1B) and raised FY2027 revenue and EPS guidance, which drove initial buying interest. Braze Stock Rallies as Revenue Beats, Buybacks Begin, and Outlook Jumps
• Positive Sentiment: Board authorized $100M in buybacks including a $50M accelerated share repurchase (ASR) — a direct capital-return step that reduces float and supported the rally. Braze Stock Rallies as Revenue Beats, Buybacks Begin, and Outlook Jumps
• Positive Sentiment: Several firms raised ratings/targets or reiterated bullish views (e.g., DA Davidson raised its target), bolstering momentum and drawing institutional buying. Braze price target raised to $33 from $30 at DA Davidson
• Neutral Sentiment: Unusually high options activity was noted around BRZE, indicating elevated speculative positioning and potential for sharper intraday moves independent of fundamentals. Braze Target of Unusually High Options Trading (NASDAQ:BRZE)
• Neutral Sentiment: Market roundups and coverage (MSN, MarketBeat, Motley Fool) amplified the story — increasing attention can magnify short-term swings but doesn’t change the underlying fundamentals. 10 Stocks Dominating The Market Today: Best Buy, Figma, Navan, and More
• Negative Sentiment: Multiple brokerages trimmed price targets or lowered expectations (UBS, Stifel, Citigroup, Oppenheimer and others reported cuts), creating mixed analyst signals despite some upgrades — a source of selling pressure for some investors. UBS Group Lowers Braze (NASDAQ:BRZE) Price Target to $28.00
• Negative Sentiment: Although revenue beat, margins and prior EPS misses keep some investors cautious; the shares remain volatile as the market digests whether AI-driven demand and margin improvement will sustainably lift profitability. Why Braze Stock Surged Today

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Braze by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock worth $1,415,000 after buying an additional 1,700 shares during the last quarter. Intech Investment Management LLC increased its position in Braze by 18.8% during the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock worth $1,453,000 after acquiring an additional 6,379 shares during the period. SG Americas Securities LLC increased its position in Braze by 17.9% during the second quarter. SG Americas Securities LLC now owns 14,857 shares of the company’s stock worth $417,000 after acquiring an additional 2,253 shares during the period. JPMorgan Chase & Co. raised its stake in Braze by 2.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,316,234 shares of the company’s stock valued at $65,086,000 after purchasing an additional 64,025 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in Braze by 15.9% during the 2nd quarter. Legal & General Group Plc now owns 86,905 shares of the company’s stock valued at $2,442,000 after purchasing an additional 11,895 shares during the last quarter. 90.47% of the stock is owned by institutional investors.

Braze Trading Down 1.3%

The stock has a market capitalization of $2.58 billion, a P/E ratio of -18.85 and a beta of 1.08. The business’s fifty day simple moving average is $19.80 and its two-hundred day simple moving average is $26.44.

Braze (NASDAQ:BRZE) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.04). The company had revenue of $205.17 million for the quarter, compared to the consensus estimate of $198.23 million. Braze had a negative return on equity of 18.75% and a negative net margin of 17.78%.The business’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.12 EPS. On average, equities research analysts anticipate that Braze, Inc. will post -0.98 earnings per share for the current year.

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.