Braze (NASDAQ:BRZE) Price Target Lowered to $35.00 at Citizens Jmp

Braze (NASDAQ:BRZE) had its price objective lowered by investment analysts at Citizens Jmp from $68.00 to $35.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s price target suggests a potential upside of 94.23% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. The Goldman Sachs Group lowered their price objective on shares of Braze from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Wolfe Research raised shares of Braze to an “overweight” rating in a research report on Wednesday, December 10th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $38.00 target price on shares of Braze in a research note on Wednesday, December 10th. DA Davidson lowered their target price on Braze from $42.00 to $30.00 and set a “buy” rating for the company in a report on Friday, March 20th. Finally, BTIG Research cut their price target on Braze from $45.00 to $25.00 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 given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $39.76.

Braze Stock Performance

Shares of BRZE opened at $18.02 on Wednesday. The stock has a 50 day simple moving average of $19.95 and a 200 day simple moving average of $26.57. Braze has a 52-week low of $15.26 and a 52-week high of $43.89. The firm has a market capitalization of $2.02 billion, a PE ratio of -16.38 and a beta of 1.08.

Braze (NASDAQ:BRZE) last posted its earnings results on Tuesday, March 24th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The business had revenue of $205.17 million for the quarter, compared to the consensus estimate of $198.23 million. During the same period in the previous year, the company posted $0.12 earnings per share. Braze’s revenue for the quarter was up 27.9% compared to the same quarter last year. Equities research analysts predict that Braze will post -0.98 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, 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 transaction, the chief technology officer owned 1,692,933 shares in the company, valued at approximately $28,661,355.69. This represents a 0.43% 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, insider Astha Malik sold 14,049 shares of the firm’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 $237,849.57. Following the completion of the transaction, the insider directly owned 205,289 shares of the company’s stock, valued at approximately $3,475,542.77. This trade represents a 6.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 60,676 shares of company stock valued at $1,027,661 over the last 90 days. 18.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Braze

Several hedge funds have recently modified their holdings of BRZE. Vanguard Group Inc. increased its position in shares of Braze by 10.0% in the fourth quarter. Vanguard Group Inc. now owns 9,851,050 shares of the company’s stock valued at $337,793,000 after acquiring an additional 892,635 shares during the last quarter. Champlain Investment Partners LLC boosted its position in Braze by 10.8% during the third quarter. Champlain Investment Partners LLC now owns 2,687,928 shares of the company’s stock valued at $76,445,000 after purchasing an additional 261,351 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Braze by 6.0% during the third quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company’s stock valued at $69,831,000 after purchasing an additional 139,133 shares during the last quarter. Battery Management CORP. grew its stake in Braze by 70.2% in the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock valued at $68,967,000 after purchasing an additional 1,000,000 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in Braze by 28.8% in the second quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock valued at $65,197,000 after purchasing an additional 518,103 shares in the last quarter. Institutional investors own 90.47% of the company’s stock.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Revenue beat and bullish outlook: Braze posted revenue of $205.2M (+27.9% YoY), topping consensus and gave a strong revenue outlook that management tied to AI-driven product momentum and improved operating leverage. This is the main driver cited for the intraday rally. Read More.
• Positive Sentiment: Analyst upgrade with a high price target: Canaccord Genuity increased its stance to a Buy and set a $43 target, signaling sizable upside from current levels and likely supporting demand. Read More.
• Positive Sentiment: Management emphasizes AI-driven growth on the earnings call: Executives highlighted AI features and customer traction as secular revenue drivers, which investors view as a multi-quarter growth catalyst. Read More.
• Neutral Sentiment: Full call transcript and slide deck available for deeper diligence — useful for institutional buyers and analysts validating the growth narrative. Read More.
• Neutral Sentiment: Short‑interest reporting appears anomalous in some feeds (entries showing 0 shares/NaN); treat those data points as unreliable until exchanges confirm.
• Negative Sentiment: EPS miss and continued unprofitability: Braze reported $0.10 EPS vs. $0.14 consensus and still shows negative net margin and ROE, which leaves the valuation sensitive to execution and margin improvement. Read More.

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.