Braze (NASDAQ:BRZE) Releases FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.150-0.180 for the period, compared to the consensus earnings per share estimate of 0.340. The company issued revenue guidance of $702.0 million-$706.0 million, compared to the consensus revenue estimate of $689.0 million. Braze also updated its Q2 2026 guidance to 0.020-0.030 EPS.

Analyst Ratings Changes

A number of research analysts have recently weighed in on BRZE shares. Macquarie cut their price objective on Braze from $40.00 to $35.00 and set a "neutral" rating on the stock in a report on Friday. Canaccord Genuity Group lifted their target price on Braze from $45.00 to $50.00 and gave the company a "buy" rating in a report on Friday, March 28th. UBS Group dropped their price target on Braze from $51.00 to $48.00 and set a "buy" rating on the stock in a research report on Friday. Oppenheimer decreased their price target on Braze from $51.00 to $44.00 and set an "outperform" rating on the stock in a research note on Friday. Finally, Piper Sandler reduced 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. One research analyst has rated the stock with a hold rating and twenty have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $46.60.

Braze Trading Down 17.6%

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

Braze (NASDAQ:BRZE - Get Free Report) last announced its earnings results 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 business 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 business's revenue for the quarter was up 19.6% on a year-over-year basis. During the same period last year, the firm posted ($0.05) earnings per share. As a group, equities research analysts forecast that Braze will post -0.98 earnings per share for the current fiscal year.

Insider Transactions at Braze

In related news, CEO William Magnuson sold 25,089 shares of the firm's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $35.88, for a total transaction of $900,193.32. Following the sale, the chief executive officer now owns 745,769 shares in the company, valued at approximately $26,758,191.72. This trade represents a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Jonathan Hyman sold 9,197 shares of the stock in a transaction on Monday, May 19th. The shares were sold at an average price of $35.88, for a total transaction of $329,988.36. Following the transaction, the chief technology officer now directly owns 214,024 shares in the company, valued at approximately $7,679,181.12. The trade was a 4.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 71,150 shares of company stock worth $2,540,814 in the last three months. Insiders own 18.20% of the company's stock.

Institutional Investors Weigh In On Braze

A hedge fund recently raised its stake in Braze stock. Intech Investment Management LLC boosted its position in shares of Braze, Inc. (NASDAQ:BRZE - Free Report) by 18.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,281 shares of the company's stock after acquiring an additional 6,379 shares during the period. Intech Investment Management LLC's holdings in Braze were worth $1,453,000 as of its most recent SEC filing. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

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.