Analysts Set Braze, Inc. (NASDAQ:BRZE) Price Target at $44.90

Key Points

• Braze, Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with one hold rating and twenty buy recommendations, leading to an average twelve-month target price of $44.90.
• Insiders, including CTO Jonathan Hyman and General Counsel Susan Wiseman, have recently sold shares, resulting in a total of 72,354 shares worth $1.9 million sold over the last quarter, with insiders currently owning 18.20% of the company stock.
• Braze reported an earnings per share (EPS) of $0.07 for the last quarter, exceeding estimates and showing a revenue increase of 19.6% compared to the same quarter last year.

Shares of Braze, Inc. (NASDAQ:BRZE - Get Free Report) have received a consensus rating of "Moderate Buy" from the twenty-one ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and twenty have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $44.40.

BRZE has been the topic of several recent research reports. Mizuho initiated coverage on Braze in a report on Thursday, July 24th. They set an "outperform" rating and a $40.00 target price on the stock. Cantor Fitzgerald cut their target price on Braze from $45.00 to $35.00 and set an "overweight" rating on the stock in a report on Friday. Needham & Company LLC reaffirmed a "buy" rating and set a $50.00 target price on shares of Braze in a report on Friday, June 6th. Macquarie decreased their price target on Braze from $40.00 to $35.00 and set a "neutral" rating for the company in a report on Friday, June 6th. Finally, Loop Capital lowered their price objective on Braze from $75.00 to $45.00 and set a "buy" rating for the company in a research report on Friday, June 6th.

Braze Stock Performance

Shares of BRZE traded up $0.30 during trading hours on Thursday, reaching $27.70. The stock had a trading volume of 1,109,945 shares, compared to its average volume of 1,177,492. Braze has a 12 month low of $23.91 and a 12 month high of $48.33. The stock has a market capitalization of $2.93 billion, a PE ratio of -27.43 and a beta of 1.10. The company's 50-day moving average is $27.16 and its two-hundred day moving average is $31.44.

Braze (NASDAQ:BRZE - Get Free Report) last announced its quarterly earnings results on Thursday, June 5th. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The company had revenue of $162.06 million during the quarter, compared to analysts' expectations of $158.60 million. Braze had a negative return on equity of 18.89% and a negative net margin of 16.76%.Braze's revenue was up 19.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.05) EPS. Braze has set its FY 2026 guidance at 0.150-0.180 EPS. Q2 2026 guidance at 0.020-0.030 EPS. Equities analysts anticipate that Braze will post -0.98 earnings per share for the current fiscal year.

Insider Transactions at Braze

In other news, General Counsel Susan Wiseman sold 4,988 shares of Braze stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $25.94, for a total value of $129,388.72. Following the completion of the transaction, the general counsel directly owned 234,667 shares of the company's stock, valued at approximately $6,087,261.98. This trade represents a 2.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Jonathan Hyman sold 8,918 shares of Braze stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $25.94, for a total value of $231,332.92. Following the completion of the transaction, the chief technology officer directly owned 205,106 shares of the company's stock, valued at approximately $5,320,449.64. This trade represents a 4.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 72,354 shares of company stock worth $1,914,998. Corporate insiders own 18.20% of the company's stock.

Institutional Trading of Braze

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BRZE. Tower Research Capital LLC TRC increased its position in Braze by 168.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 646 shares of the company's stock valued at $27,000 after buying an additional 405 shares in the last quarter. GAMMA Investing LLC increased its position in Braze by 236.1% in the 1st quarter. GAMMA Investing LLC now owns 736 shares of the company's stock valued at $27,000 after buying an additional 517 shares in the last quarter. Quarry LP increased its position in Braze by 296.0% in the 1st quarter. Quarry LP now owns 796 shares of the company's stock valued at $29,000 after buying an additional 595 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Braze during the 1st quarter valued at about $36,000. Finally, SBI Securities Co. Ltd. boosted its stake in Braze by 173.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company's stock valued at $39,000 after purchasing an additional 870 shares during the last quarter. 90.47% of the stock is owned by institutional investors.

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.