Braze (NASDAQ:BRZE) Issues Q2 2026 Earnings Guidance

Braze (NASDAQ:BRZE - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.020-0.030 for the period, compared to the consensus earnings per share estimate of 0.080. The company issued revenue guidance of $171.0 million-$172.0 million, compared to the consensus revenue estimate of $168.8 million. Braze also updated its FY 2026 guidance to 0.150-0.180 EPS.

Braze Stock Performance

BRZE traded down $6.37 on Friday, reaching $29.73. 7,732,131 shares of the company's stock were exchanged, compared to its average volume of 1,280,621. Braze has a twelve month low of $27.45 and a twelve month high of $48.33. The company's 50 day moving average is $32.78 and its 200-day moving average is $37.97. The company has a market cap of $3.11 billion, a price-to-earnings ratio of -26.08 and a beta of 1.22.

Braze (NASDAQ:BRZE - Get Free Report) last announced its quarterly earnings data on Thursday, June 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. The firm had revenue of $162.06 million for the quarter, compared to analysts' expectations of $158.60 million. Braze had a negative return on equity of 24.88% and a negative net margin of 20.41%. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same period last year, the business posted ($0.05) earnings per share. Sell-side analysts forecast that Braze will post -0.98 EPS for the current year.

Analyst Upgrades and Downgrades

BRZE has been the topic of a number of analyst reports. Piper Sandler dropped their price target on Braze from $48.00 to $38.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. Loop Capital reduced their target price on Braze from $75.00 to $45.00 and set a "buy" rating for the company in a report on Friday. JPMorgan Chase & Co. dropped their price target on Braze from $47.00 to $45.00 and set an "overweight" rating on the stock in a research report on Friday. Citigroup upped their price target on Braze from $50.00 to $55.00 and gave the company a "buy" rating in a research report on Friday, March 28th. Finally, Raymond James reduced their price objective on Braze from $48.00 to $43.00 and set an "outperform" rating on the stock in a research note on Friday. One investment analyst has rated the stock with a hold rating and twenty have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $46.60.

Insider Buying and Selling at Braze

In related news, CAO Pankaj Malik sold 3,405 shares of the stock in a transaction on Monday, May 19th. The stock was sold at an average price of $35.88, for a total value of $122,171.40. Following the sale, the chief accounting officer now owns 69,274 shares in the company, valued at approximately $2,485,551.12. This trade represents a 4.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO William Magnuson sold 25,089 shares of the stock in a transaction on Monday, May 19th. The stock was sold at an average price of $35.88, for a total value of $900,193.32. Following the completion of the sale, the chief executive officer now owns 745,769 shares in the company, valued at $26,758,191.72. This trade represents a 3.25% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 71,150 shares of company stock valued at $2,540,814. Company insiders own 18.20% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Braze stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Braze, Inc. (NASDAQ:BRZE - Free Report) by 4.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,224 shares of the company's stock after acquiring an additional 1,700 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Braze were worth $1,415,000 at the end of the most recent quarter. Institutional investors and hedge funds own 90.47% of the company's stock.

Braze Company Profile

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.