Braze (NASDAQ:BRZE) Updates Q3 2027 Earnings Guidance

Key Points

• Braze raised its Q3 FY2027 outlook, projecting EPS of $0.13–$0.14 versus the $0.09 consensus and revenue of $229–$230 million versus expectations of $227.7 million. Full-year EPS guidance was set at $0.64–$0.65.
• The company recently exceeded quarterly expectations, reporting EPS of $0.19 and revenue of $227.23 million, above analyst estimates of $0.16 and $220.27 million, respectively.
• Despite broad analyst support—an average “Moderate Buy” rating and $36.59 consensus price target—Braze shares fell 5.2% to $30.31. Insiders sold 203,568 shares worth approximately $6.1 million over the past three months.

Braze (NASDAQ:BRZE - Get Free Report) updated its third quarter 2027 earnings guidance on Tuesday. The company provided EPS guidance of 0.130-0.140 for the period, compared to the consensus EPS estimate of 0.090. The company issued revenue guidance of $229.0 million-$230.0 million, compared to the consensus revenue estimate of $227.7 million. Braze also updated its FY 2027 guidance to 0.640-0.650 EPS.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BRZE shares. Citigroup reduced their price target on shares of Braze from $49.00 to $48.00 and set a "buy" rating for the company in a research report on Friday, May 29th. TD Cowen upped their price target on shares of Braze from $30.00 to $36.00 and gave the company a "buy" rating in a research report on Thursday, August 27th. Cantor Fitzgerald reissued an "overweight" rating and issued a $38.00 price objective on shares of Braze in a report on Thursday, May 28th. UBS Group restated an "outperform" rating on shares of Braze in a research report on Thursday, May 28th. Finally, BTIG Research increased their price target on shares of Braze from $30.00 to $35.00 and gave the stock a "buy" rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $36.59.

Braze Trading Down 5.2%

NASDAQ BRZE traded down $1.65 on Tuesday, reaching $30.31. 6,186,471 shares of the stock were exchanged, compared to its average volume of 2,934,892. Braze has a one year low of $15.26 and a one year high of $37.33. The firm has a market capitalization of $3.41 billion, a PE ratio of -27.06 and a beta of 0.88. The company's 50-day simple moving average is $27.40 and its two-hundred day simple moving average is $23.45.

Braze (NASDAQ:BRZE - Get Free Report) last posted its quarterly earnings results on Tuesday, September 8th. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.03. The business had revenue of $227.23 million during the quarter, compared to analyst estimates of $220.27 million. Braze had a negative net margin of 15.51% and a negative return on equity of 17.52%. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. Sell-side analysts forecast that Braze will post -0.78 earnings per share for the current fiscal year.

Insider Buying and Selling at Braze

In related news, CTO Jonathan Hyman sold 42,000 shares of the business's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $32.47, for a total value of $1,363,740.00. Following the sale, the chief technology officer directly owned 1,143,219 shares in the company, valued at approximately $37,120,320.93. The trade was a 3.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Edward M. Mcdonnell sold 29,732 shares of the company's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $31.38, for a total value of $932,990.16. Following the sale, the executive directly owned 409,630 shares in the company, valued at $12,854,189.40. This trade represents a 6.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 203,568 shares of company stock valued at $6,096,461 in the last three months. 12.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Braze

A number of institutional investors have recently bought and sold shares of BRZE. Caitong International Asset Management Co. Ltd increased its position in Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company's stock valued at $28,000 after acquiring an additional 803 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Braze by 821.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company's stock worth $44,000 after acquiring an additional 1,404 shares during the last quarter. Quarry LP bought a new stake in shares of Braze in the 3rd quarter worth about $46,000. Kemnay Advisory Services Inc. purchased a new position in shares of Braze during the 4th quarter worth about $52,000. Finally, Quantbot Technologies LP bought a new position in Braze during the 3rd quarter valued at about $163,000. 90.47% of the stock is currently owned by institutional investors.

About Braze

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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