Braze (BRZE) Projected to Post Quarterly Earnings on Thursday

Braze (NASDAQ:BRZE - Get Free Report) is anticipated to release its Q1 2026 earnings data after the market closes on Thursday, June 5th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $158.60 million for the quarter.

Braze (NASDAQ:BRZE - Get Free Report) last announced its quarterly earnings data on Thursday, March 27th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.07. The firm had revenue of $160.40 million for the quarter, compared to analyst estimates of $155.72 million. Braze had a negative net margin of 20.41% and a negative return on equity of 24.88%. The business's quarterly revenue was up 22.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.04) earnings per share. On average, analysts expect Braze to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Braze Stock Performance

BRZE stock traded up $0.55 during midday trading on Friday, reaching $36.99. The stock had a trading volume of 1,534,892 shares, compared to its average volume of 1,261,227. The firm has a fifty day simple moving average of $32.95 and a two-hundred day simple moving average of $38.00. Braze has a 52-week low of $27.45 and a 52-week high of $48.33. The stock has a market cap of $3.87 billion, a PE ratio of -32.45 and a beta of 1.15.

Insider Buying and Selling at Braze

In related news, General Counsel Susan Wiseman sold 4,167 shares of the company's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $30.98, for a total transaction of $129,093.66. Following the completion of the transaction, the general counsel now owns 248,999 shares in the company, valued at $7,713,989.02. This represents a 1.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Phillip M. Fernandez sold 1,500 shares of the firm's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $41.46, for a total transaction of $62,190.00. Following the completion of the transaction, the director now directly owns 15,269 shares in the company, valued at $633,052.74. This represents a 8.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 71,150 shares of company stock valued at $2,540,814. Company insiders own 18.20% of the company's stock.

Institutional Investors Weigh In On Braze

An institutional investor recently raised its position in Braze stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Braze, Inc. (NASDAQ:BRZE - Free Report) by 4.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,224 shares of the company's stock after purchasing an additional 1,700 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Braze were worth $1,415,000 as of its most recent filing with the SEC. Institutional investors own 90.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Raymond James lifted their target price on Braze from $45.00 to $48.00 and gave the stock an "outperform" rating in a report on Friday, March 28th. Wells Fargo & Company decreased their price objective on shares of Braze from $55.00 to $40.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Barclays cut their price objective on shares of Braze from $70.00 to $47.00 and set an "overweight" rating on the stock in a research note on Friday, May 16th. Stephens assumed coverage on shares of Braze in a report on Wednesday, March 19th. They set an "overweight" rating and a $43.00 target price for the company. Finally, Stifel Nicolaus set a $50.00 price target on shares of Braze and gave the company a "buy" rating in a report on Friday, March 28th. One research analyst has rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $49.47.

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.