Braze (NASDAQ:BRZE) Earns “Buy” Rating from DA Davidson

Braze (NASDAQ:BRZE)‘s stock had its “buy” rating reiterated by analysts at DA Davidson in a research report issued on Thursday,Benzinga reports. They presently have a $33.00 price target on the stock. DA Davidson’s price target suggests a potential upside of 43.54% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. BTIG Research reiterated a “buy” rating and issued a $30.00 price target on shares of Braze in a report on Tuesday. Oppenheimer dropped their price objective on shares of Braze from $40.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, March 25th. UBS Group reaffirmed an “outperform” rating on shares of Braze in a report on Thursday. The Goldman Sachs Group decreased their target price on Braze from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Finally, Canaccord Genuity Group set a $35.00 price target on Braze in a research note on Thursday. Twenty-two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.05.

Braze Stock Performance

Shares of NASDAQ BRZE traded down $1.59 during trading on Thursday, hitting $22.99. The company had a trading volume of 2,876,636 shares, compared to its average volume of 3,126,948. Braze has a 12 month low of $15.26 and a 12 month high of $37.67. The firm has a market capitalization of $2.61 billion, a P/E ratio of -18.83 and a beta of 0.78. The stock has a 50 day simple moving average of $22.02 and a 200 day simple moving average of $24.54.

Braze (NASDAQ:BRZE) last released its earnings results on Wednesday, May 27th. The company reported $0.10 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.10. Braze had a negative net margin of 17.78% and a negative return on equity of 18.75%. The company had revenue of $211.00 million for the quarter, compared to analysts’ expectations of $205.19 million. During the same quarter in the previous year, the company earned $0.07 EPS. Braze’s revenue for the quarter was up 30.2% on a year-over-year basis. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. As a group, analysts predict that Braze will post -0.87 EPS for the current year.

Insider Activity

In other news, General Counsel Susan Wiseman sold 35,000 shares of Braze stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $20.29, for a total transaction of $710,150.00. Following the completion of the sale, the general counsel owned 209,424 shares of the company’s stock, valued at approximately $4,249,212.96. The trade was a 14.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 12.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. NBC Securities Inc. purchased a new stake in shares of Braze during the fourth quarter valued at about $27,000. Fifth Third Bancorp bought a new stake in shares of Braze in the 1st quarter valued at about $27,000. Caitong International Asset Management Co. Ltd grew its position in shares of Braze by 3,650.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after buying an additional 803 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of Braze by 821.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after buying an additional 1,404 shares during the last quarter. Finally, Quarry LP bought a new position in shares of Braze during the 3rd quarter worth approximately $46,000. 90.47% of the stock is owned by institutional investors.

Braze News Roundup

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Braze reported Q1 EPS of $0.10, in line with estimates, while revenue of $211.0 million beat consensus and rose 30.2% year over year. The company also said organic revenue growth accelerated for a fourth straight quarter, supported by demand for its AI-powered customer engagement platform. Article Title
• Positive Sentiment: Braze raised its FY2027 revenue outlook to $895 million-$899 million and guided Q2 EPS and revenue above Wall Street expectations, which signals management confidence in continued growth and improving execution. Article Title
• Neutral Sentiment: Piper Sandler reaffirmed its Overweight rating and set a $27 price target, suggesting modest upside from recent levels and reinforcing a constructive longer-term view. Article Title
• Neutral Sentiment: Short interest data showed no meaningful change, with reported short interest at 0 shares, so there is no evidence that bearish positioning is driving the move. Article Title
• Negative Sentiment: Despite solid results, the stock sold off after earnings, indicating investors may be disappointed by guidance relative to expectations, concerned about profitability, or taking profits after a strong run. Article Title

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.