Oppenheimer Lowers Braze (NASDAQ:BRZE) Price Target to $30.00

Braze (NASDAQ:BRZE) had its target price lowered by equities researchers at Oppenheimer from $40.00 to $30.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price target would indicate a potential upside of 40.50% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. BTIG Research lowered their target price on shares of Braze from $45.00 to $25.00 and set a “buy” rating for the company in a report on Friday, March 20th. Citizens Jmp dropped their price objective on Braze from $68.00 to $35.00 and set a “market outperform” rating for the company in a report on Wednesday. Barclays increased their target price on Braze from $29.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday. Needham & Company LLC restated a “buy” rating and set a $50.00 price target on shares of Braze in a research note on Wednesday. Finally, Stifel Nicolaus set a $40.00 price objective on Braze in a research note on Monday, February 9th. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Braze currently has a consensus rating of “Moderate Buy” and an average target price of $38.19.

Braze Price Performance

NASDAQ:BRZE traded up $3.33 during mid-day trading on Wednesday, reaching $21.35. The company’s stock had a trading volume of 4,272,075 shares, compared to its average volume of 2,984,849. The stock has a market cap of $2.40 billion, a P/E ratio of -19.79 and a beta of 1.08. The company’s fifty day simple moving average is $19.95 and its two-hundred day simple moving average is $26.57. Braze has a twelve month low of $15.26 and a twelve month high of $43.89.

Insider Activity at Braze

In other Braze news, CTO Jonathan Hyman sold 7,391 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $125,129.63. Following the sale, the chief technology officer directly owned 1,692,933 shares of the company’s stock, valued at $28,661,355.69. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Susan Wiseman sold 5,763 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 value of $97,567.59. Following the completion of the sale, the general counsel owned 214,031 shares in the company, valued at $3,623,544.83. The trade was a 2.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 60,676 shares of company stock valued at $1,027,661. 18.20% of the stock is owned by insiders.

Institutional Trading of Braze

A number of large investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its position in Braze by 23.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 16,226 shares of the company’s stock valued at $556,000 after buying an additional 3,134 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Braze by 3,650.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after acquiring an additional 803 shares during the period. Invesco Ltd. grew its stake in Braze by 9.5% during the 4th quarter. Invesco Ltd. now owns 97,486 shares of the company’s stock valued at $3,343,000 after acquiring an additional 8,495 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Braze by 7.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,878 shares of the company’s stock valued at $784,000 after acquiring an additional 1,582 shares in the last quarter. Finally, Papamarkou Wellner Asset Management inc. acquired a new position in shares of Braze in the 4th quarter valued at about $331,000. Institutional investors and hedge funds own 90.47% of the company’s stock.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q4 revenue beat and strong growth outlook — Revenue came in at $205.17M (up ~27.9% YoY) and topped consensus; management emphasized AI-driven momentum and raised forward revenue expectations, which drove the post-earnings rally. Businesswire: Q4 Results
• Positive Sentiment: Multiple buy ratings/reaffirmations remain — Needham reaffirmed a buy with a $50 PT and Canaccord issued a buy, both supporting upside case despite volatility. These stand as potential support for the stock if execution continues. Benzinga: Needham Reaffirmed AmericanBankingNews: Canaccord Buy
• Neutral Sentiment: Full materials and call transcripts available — Slides, press release and call transcripts were posted (useful for modeling guidance and margin trajectory). Slide Deck / Press Release Seeking Alpha: Call Transcript
• Neutral Sentiment: Short-interest reporting appears unreliable — Several entries show anomalous “0 shares/NaN” figures; treat short-interest signals with caution until clearer data is published.
• Negative Sentiment: EPS miss — Reported EPS was $0.10, below consensus (~$0.14 / $0.115), which raises near-term profitability concerns despite top-line strength. MarketBeat: Earnings Details
• Negative Sentiment: Analyst price-target cuts — Citizens JMP lowered its PT from $68 to $35 (still “market outperform”) and Piper Sandler cut its PT to $27; these reductions are pressuring sentiment despite the continued “buy/overweight” stances. Benzinga: PT Cuts

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.