Braze (NASDAQ:BRZE) Issues Q1 2025 Earnings Guidance

Braze (NASDAQ:BRZE) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.110–0.100 for the period, compared to the consensus estimate of -0.050. The company issued revenue guidance of $131.0 million-$132.0 million, compared to the consensus revenue estimate of $127.8 million. Braze also updated its FY 2025 guidance to -0.120–0.080 EPS.

Braze Stock Performance

Shares of NASDAQ:BRZE opened at $44.30 on Friday. Braze has a 52-week low of $25.76 and a 52-week high of $61.53. The firm has a market capitalization of $4.42 billion, a P/E ratio of -31.87 and a beta of 1.21. The stock has a 50 day moving average price of $54.88 and a 200-day moving average price of $51.19.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on BRZE. Oppenheimer restated an outperform rating and issued a $75.00 price target on shares of Braze in a research note on Thursday. TD Cowen dropped their price target on Braze from $68.00 to $65.00 and set a buy rating for the company in a research report on Thursday. Barclays boosted their target price on Braze from $65.00 to $80.00 and gave the company an overweight rating in a research report on Thursday, December 7th. Raymond James reduced their price objective on shares of Braze from $75.00 to $65.00 and set an outperform rating for the company in a research note on Thursday. Finally, UBS Group raised Braze from a neutral rating to a buy rating and set a $62.00 price target on the stock in a research report on Thursday, March 21st. One research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, Braze currently has an average rating of Moderate Buy and an average target price of $64.29.

Insiders Place Their Bets

In related news, CAO Pankaj Malik sold 1,000 shares of Braze stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $53.73, for a total value of $53,730.00. Following the sale, the chief accounting officer now directly owns 77,853 shares in the company, valued at approximately $4,183,041.69. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO William Magnuson sold 11,874 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $57.51, for a total transaction of $682,873.74. Following the transaction, the chief executive officer now owns 636,514 shares of the company’s stock, valued at $36,605,920.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Pankaj Malik sold 1,000 shares of the company’s stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $53.73, for a total transaction of $53,730.00. Following the completion of the sale, the chief accounting officer now directly owns 77,853 shares in the company, valued at approximately $4,183,041.69. The disclosure for this sale can be found here. Insiders sold a total of 75,471 shares of company stock valued at $4,196,153 in the last ninety days. Corporate insiders own 26.48% of the company’s stock.

Institutional Trading of Braze

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of Braze by 189.3% in the third quarter. Royal Bank of Canada now owns 1,160 shares of the company’s stock valued at $40,000 after buying an additional 759 shares in the last quarter. Comerica Bank lifted its position in Braze by 377.2% during the fourth quarter. Comerica Bank now owns 940 shares of the company’s stock worth $50,000 after purchasing an additional 743 shares during the period. KBC Group NV bought a new stake in Braze during the fourth quarter worth about $56,000. Advisors Asset Management Inc. lifted its holdings in shares of Braze by 70.0% in the third quarter. Advisors Asset Management Inc. now owns 1,406 shares of the company’s stock worth $66,000 after acquiring an additional 579 shares during the last quarter. Finally, State of Wyoming bought a new position in shares of Braze in the second quarter worth about $73,000. 90.47% of the stock is currently owned by institutional investors and hedge funds.

Braze Company Profile

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers data ingestion products, such as Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; partner cohort syncing, which allow brands to sync user cohorts from partners; and Braze Cloud Data Ingestion that enables brands to harness their customer data.