Braze (NASDAQ:BRZE) Earns Overweight Rating from Cantor Fitzgerald

Key Points

• Cantor Fitzgerald reiterated an Overweight rating on Braze and set a $38 price target, implying about 65% upside from the prior close.
• Braze recently reported Q1 EPS of $0.10, matching expectations, while revenue of $211 million beat estimates and rose 30.2% year over year.
• The company also raised its FY2027 revenue outlook to $895 million-$899 million, signaling management confidence in continued growth, even though the stock traded lower on the day of the report.

Braze (NASDAQ:BRZE - Get Free Report)'s stock had its "overweight" rating reissued by stock analysts at Cantor Fitzgerald in a research note issued on Thursday,Benzinga reports. They currently have a $38.00 target price on the stock. Cantor Fitzgerald's price objective suggests a potential upside of 65.29% from the stock's previous close.

Several other research firms have also weighed in on BRZE. UBS Group restated an "outperform" rating on shares of Braze in a research report on Thursday. Mizuho set a $32.00 target price on shares of Braze in a research note on Thursday. Stifel Nicolaus set a $30.00 price target on shares of Braze in a research report on Thursday. Citigroup reaffirmed a "market outperform" rating on shares of Braze in a report on Thursday. Finally, JPMorgan Chase & Co. increased their price objective on Braze from $32.00 to $33.00 and gave the company an "overweight" rating in a research report on Wednesday, March 25th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $36.05.

Braze Stock Performance

Shares of NASDAQ:BRZE traded down $1.59 during trading hours on Thursday, hitting $22.99. The stock had a trading volume of 2,876,636 shares, compared to its average volume of 3,126,948. The stock's fifty day simple moving average is $22.02 and its 200 day simple moving average is $24.54. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of -18.83 and a beta of 0.78. Braze has a 1-year low of $15.26 and a 1-year high of $37.67.

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

Insider Transactions at Braze

In other news, General Counsel Susan Wiseman sold 35,000 shares of Braze stock in a transaction dated Thursday, April 9th. The stock was 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 directly owned 209,424 shares in the company, valued at $4,249,212.96. The trade was a 14.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 12.50% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BRZE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Braze by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company's stock worth $1,415,000 after acquiring an additional 1,700 shares during the period. Intech Investment Management LLC grew its position in shares of Braze by 18.8% in the first quarter. Intech Investment Management LLC now owns 40,281 shares of the company's stock valued at $1,453,000 after purchasing an additional 6,379 shares during the last quarter. Prudential Financial Inc. bought a new position in shares of Braze in the second quarter worth about $272,000. Russell Investments Group Ltd. increased its stake in shares of Braze by 1,353.0% in the second quarter. Russell Investments Group Ltd. now owns 9,619 shares of the company's stock worth $270,000 after purchasing an additional 8,957 shares during the period. Finally, Amundi lifted its position in shares of Braze by 8.9% during the 2nd quarter. Amundi now owns 32,581 shares of the company's stock worth $918,000 after purchasing an additional 2,657 shares during the last quarter. 90.47% of the stock is owned by institutional investors.

More Braze News

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.

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