Braze (NASDAQ:BRZE) Hits New 12-Month Low - Here's Why

Key Points

• Braze shares hit a new 52‑week low, trading as low as $23.26 on Friday with roughly 1.51 million shares changing hands after a prior close of $25.48.
• Analysts remain largely bullish despite the drop — MarketBeat shows a "Moderate Buy" consensus with an average target of $46.95 and several firms raising price targets into the $40s–$50s.
• The company beat EPS at $0.06 but missed revenue ($190.8M vs. $198.3M est.), remains unprofitable with negative net margin/ROE, and insiders have sold shares (about 69,923 shares in the last three months).

Braze, Inc. (NASDAQ:BRZE - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $23.26 and last traded at $23.4980, with a volume of 1506509 shares trading hands. The stock had previously closed at $25.48.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. DA Davidson increased their price objective on shares of Braze from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Wednesday, December 10th. Piper Sandler restated an "overweight" rating and issued a $50.00 target price on shares of Braze in a research report on Wednesday, October 1st. Barclays lifted their price target on Braze from $39.00 to $45.00 and gave the company an "overweight" rating in a report on Wednesday, December 10th. Citigroup increased their price objective on Braze from $52.00 to $53.00 and gave the stock a "buy" rating in a report on Wednesday, December 10th. Finally, Stifel Nicolaus raised their target price on Braze from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $46.95.

Braze Price Performance

The firm has a market capitalization of $2.66 billion, a P/E ratio of -21.54 and a beta of 1.08. The firm's fifty day moving average price is $31.01 and its 200-day moving average price is $29.12.

Braze (NASDAQ:BRZE - Get Free Report) last released its earnings results on Tuesday, December 9th. The company reported $0.06 earnings per share for the quarter, hitting analysts' consensus estimates of $0.06. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The firm had revenue of $190.84 million during the quarter, compared to the consensus estimate of $198.25 million. During the same period in the prior year, the firm posted $0.02 earnings per share. The firm's revenue for the quarter was up 25.5% compared to the same quarter last year. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. Analysts expect that Braze, Inc. will post -0.98 earnings per share for the current year.

Insider Buying and Selling at Braze

In other news, CEO William Magnuson sold 26,698 shares of the firm's stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $26.64, for a total transaction of $711,234.72. Following the completion of the transaction, the chief executive officer owned 694,746 shares in the company, valued at approximately $18,508,033.44. This trade represents a 3.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CTO Jonathan Hyman sold 9,789 shares of Braze stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total transaction of $260,778.96. Following the completion of the transaction, the chief technology officer directly owned 195,317 shares in the company, valued at $5,203,244.88. This represents a 4.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 69,923 shares of company stock valued at $1,917,418. Corporate insiders own 18.20% of the company's stock.

Institutional Trading of Braze

A number of large investors have recently added to or reduced their stakes in BRZE. Moody National Bank Trust Division bought a new position in shares of Braze in the fourth quarter valued at $239,000. SG Americas Securities LLC grew its holdings in shares of Braze by 5,412.5% in the 4th quarter. SG Americas Securities LLC now owns 289,790 shares of the company's stock worth $9,937,000 after acquiring an additional 284,533 shares during the last quarter. Diversified Trust Co. raised its position in shares of Braze by 19.8% during the fourth quarter. Diversified Trust Co. now owns 36,357 shares of the company's stock worth $1,247,000 after purchasing an additional 6,005 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Braze during the fourth quarter valued at $386,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of 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 purchasing an additional 139,133 shares during the last quarter. 90.47% of the stock is currently owned by institutional investors.

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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