Braze, Inc. (NASDAQ:BRZE) Given Consensus Rating of “Moderate Buy” by Brokerages

Braze, Inc. (NASDAQ:BRZE) has earned an average recommendation of “Moderate Buy” from the twenty-four ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $46.9524.

BRZE has been the topic of a number of recent research reports. BTIG Research assumed coverage on shares of Braze in a research report on Tuesday, December 16th. They issued a “buy” rating and a $45.00 target price on the stock. Needham & Company LLC reissued a “buy” rating and set a $50.00 price objective on shares of Braze in a research note on Wednesday, January 14th. Barclays raised their target price on shares of Braze from $39.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. Cantor Fitzgerald reiterated an “overweight” rating and set a $38.00 target price on shares of Braze in a report on Wednesday, December 10th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $68.00 price target on shares of Braze in a research note on Wednesday, December 10th.

Braze Stock Performance

Shares of NASDAQ:BRZE opened at $25.12 on Friday. The firm has a market capitalization of $2.82 billion, a P/E ratio of -22.84 and a beta of 1.08. The stock has a 50 day moving average price of $30.50 and a 200-day moving average price of $28.95. Braze has a 52-week low of $22.66 and a 52-week high of $48.33.

Braze (NASDAQ:BRZE) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. The company had revenue of $190.84 million for the quarter, compared to analysts’ expectations of $198.25 million. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.02 earnings per share. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. On average, equities analysts forecast that Braze will post -0.98 EPS for the current fiscal year.

Insider Transactions at Braze

In related news, CAO Pankaj Malik sold 5,540 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $35.76, for a total value of $198,110.40. Following the transaction, the chief accounting officer owned 53,572 shares in the company, valued at $1,915,734.72. The trade was a 9.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Jonathan Hyman sold 9,789 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $26.64, for a total transaction of $260,778.96. Following the sale, the chief technology officer directly owned 195,317 shares in the company, valued at $5,203,244.88. This trade represents a 4.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 69,923 shares of company stock valued at $1,917,418. 18.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BRZE. SBI Securities Co. Ltd. lifted its stake in shares of Braze by 173.3% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company’s stock valued at $39,000 after purchasing an additional 870 shares during the period. Osaic Holdings Inc. increased its holdings in Braze by 821.1% in 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 in the last quarter. Quarry LP acquired a new position in shares of Braze in the third quarter worth about $46,000. Clearstead Advisors LLC boosted its stake in shares of Braze by 58.2% during the 3rd 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. Finally, Covestor Ltd grew its position in shares of Braze by 35.7% during the 3rd quarter. Covestor Ltd now owns 2,894 shares of the company’s stock valued at $82,000 after acquiring an additional 761 shares during the period. Institutional investors own 90.47% of the company’s stock.

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.