Braze (NASDAQ:BRZE) Given "Buy" Rating at DA Davidson

Key Points

• DA Davidson reiterated a Buy rating on Braze and set a $33 price target, implying about 43.5% upside from the prior close. This comes amid broadly positive analyst coverage, with the stock carrying a consensus Moderate Buy rating.
• Braze’s latest quarter showed EPS of $0.10, matching expectations, while revenue of $211 million beat estimates and rose 30.2% year over year. Management also raised its FY2027 revenue outlook to $895 million–$899 million and guided above Wall Street expectations for the next quarter.
• Despite the strong results and upbeat outlook, BRZE shares fell to around $22.99 on Thursday. The drop suggests investors may be cautious about profitability or taking profits after the stock’s recent run.

Braze (NASDAQ:BRZE - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at DA Davidson in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $33.00 target price on the stock. DA Davidson's target price indicates a potential upside of 43.54% from the stock's previous close.

BRZE has been the topic of a number of other research reports. BTIG Research reaffirmed a "buy" rating and issued a $30.00 price target on shares of Braze in a report on Tuesday. Cantor Fitzgerald restated an "overweight" rating and issued a $38.00 target price on shares of Braze in a research note on Wednesday, March 25th. TD Cowen dropped their price target on Braze from $43.00 to $30.00 and set a "buy" rating on the stock in a research report on Friday, March 20th. Canaccord Genuity Group set a $35.00 price objective on Braze in a report on Thursday. Finally, UBS Group restated an "outperform" rating on shares of Braze in a research note on Thursday. Twenty-two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Braze currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.05.

Braze Price Performance

Shares of NASDAQ BRZE traded down $1.59 during trading 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 firm has a fifty day moving average of $22.02 and a two-hundred day moving average of $24.54. The company has a market capitalization of $2.61 billion, a PE ratio of -18.83 and a beta of 0.78. Braze has a 12 month low of $15.26 and a 12 month high of $37.67.

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

Insider Buying and Selling at Braze

In other news, General Counsel Susan Wiseman sold 35,000 shares of the stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $20.29, for a total value of $710,150.00. Following the transaction, the general counsel owned 209,424 shares of the company's stock, valued at $4,249,212.96. This represents a 14.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 12.50% of the company's stock.

Institutional Trading of Braze

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in Braze by 6.0% during the third quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company's stock valued at $69,831,000 after acquiring an additional 139,133 shares during the last quarter. SG Americas Securities LLC boosted its position in Braze by 5,412.5% in the fourth quarter. SG Americas Securities LLC now owns 289,790 shares of the company's stock worth $9,937,000 after purchasing an additional 284,533 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Braze by 10.0% during the 4th quarter. Vanguard Group Inc. now owns 9,851,050 shares of the company's stock valued at $337,793,000 after purchasing an additional 892,635 shares during the period. Dana Investment Advisors Inc. bought a new stake in shares of Braze during the 4th quarter valued at about $1,980,000. Finally, Jefferies Financial Group Inc. increased its position in shares of Braze by 412.2% during the 3rd quarter. Jefferies Financial Group Inc. now owns 99,761 shares of the company's stock valued at $2,837,000 after purchasing an additional 80,285 shares during the last quarter. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Braze

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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