Braze, Inc. (NASDAQ:BRZE) Receives Average Rating of “Moderate Buy” from Brokerages

Braze, Inc. (NASDAQ:BRZE) has earned a consensus recommendation of “Moderate Buy” from the twenty-one analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nineteen have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $45.1053.

Several equities research analysts have recently issued reports on BRZE shares. Mizuho lifted their price objective on shares of Braze from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Canaccord Genuity Group reiterated a “buy” rating and issued a $43.00 price target on shares of Braze in a report on Friday, September 5th. Cantor Fitzgerald increased their price objective on shares of Braze from $35.00 to $38.00 and gave the company an “overweight” rating in a report on Friday, September 5th. JMP Securities reaffirmed a “market outperform” rating and issued a $68.00 target price on shares of Braze in a report on Friday, September 5th. Finally, Barclays boosted their target price on Braze from $35.00 to $39.00 and gave the stock an “overweight” rating in a research report on Friday, September 5th.

Braze Stock Up 1.9%

Shares of Braze stock opened at $28.74 on Tuesday. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of -27.63 and a beta of 1.10. The stock’s 50-day simple moving average is $28.96 and its 200-day simple moving average is $29.34. Braze has a 52 week low of $23.91 and a 52 week high of $48.33.

Braze (NASDAQ:BRZE) last issued its earnings results on Thursday, September 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.25). Braze had a negative net margin of 16.62% and a negative return on equity of 17.97%. The business had revenue of $180.11 million for the quarter, compared to the consensus estimate of $171.63 million. During the same period last year, the business posted $0.09 EPS. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. Braze has set its FY 2026 guidance at 0.410-0.420 EPS. Q3 2026 guidance at 0.060-0.070 EPS. On average, equities analysts expect that Braze will post -0.98 earnings per share for the current year.

Insider Buying and Selling at Braze

In other Braze news, CTO Jonathan Hyman sold 8,918 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $25.94, for a total transaction of $231,332.92. Following the completion of the transaction, the chief technology officer owned 205,106 shares in the company, valued at $5,320,449.64. This trade represents a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO William Magnuson sold 24,325 shares of Braze stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $25.94, for a total transaction of $630,990.50. Following the completion of the transaction, the chief executive officer directly owned 721,444 shares of the company’s stock, valued at $18,714,257.36. The trade was a 3.26% 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 sold 66,011 shares of company stock worth $1,758,363. Company insiders own 18.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Westfield Capital Management Co. LP bought a new stake in Braze in the first quarter worth $54,644,000. Fuller & Thaler Asset Management Inc. bought a new position in Braze during the first quarter valued at $50,988,000. Barclays PLC raised its stake in shares of Braze by 443.0% in the third quarter. Barclays PLC now owns 1,404,395 shares of the company’s stock valued at $39,941,000 after acquiring an additional 1,145,748 shares during the period. UBS Group AG lifted its holdings in shares of Braze by 421.1% in the 3rd quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock worth $36,394,000 after acquiring an additional 1,034,087 shares during the last quarter. Finally, Battery Management CORP. boosted its stake in shares of Braze by 70.2% during the 3rd quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after purchasing an additional 1,000,000 shares during the period. Institutional investors own 90.47% of the company’s stock.

About Braze

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers 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 Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.