Q1 2025 Earnings Forecast for Braze, Inc. (NASDAQ:BRZE) Issued By DA Davidson

Braze, Inc. (NASDAQ:BRZE - Free Report) - Investment analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Braze in a research report issued on Monday, April 1st. DA Davidson analyst G. Luria expects that the company will earn ($0.36) per share for the quarter. DA Davidson has a "Buy" rating and a $65.00 price target on the stock. The consensus estimate for Braze's current full-year earnings is ($1.15) per share. DA Davidson also issued estimates for Braze's FY2026 earnings at ($1.07) EPS.

Several other equities analysts have also recently commented on BRZE. BTIG Research raised their price target on shares of Braze from $60.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday, December 7th. William Blair reissued an "outperform" rating on shares of Braze in a research note on Thursday, March 28th. Scotiabank reduced their price target on Braze from $65.00 to $58.00 and set a "sector perform" rating on the stock in a research report on Thursday, March 28th. Canaccord Genuity Group lowered their price objective on Braze from $70.00 to $65.00 and set a "buy" rating for the company in a research report on Thursday, March 28th. Finally, The Goldman Sachs Group upped their target price on shares of Braze from $55.00 to $63.00 and gave the stock a "buy" rating in a research note on Thursday, December 7th. One analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Braze currently has an average rating of "Moderate Buy" and a consensus target price of $64.29.

Braze Price Performance

Shares of NASDAQ BRZE traded up $0.37 during midday trading on Tuesday, hitting $43.24. The company's stock had a trading volume of 1,882,377 shares, compared to its average volume of 818,553. The firm has a market capitalization of $4.32 billion, a price-to-earnings ratio of -32.51 and a beta of 1.14. The business's fifty day simple moving average is $54.19 and its two-hundred day simple moving average is $51.18. Braze has a 1 year low of $25.76 and a 1 year high of $61.53.

Insider Transactions at Braze

In other Braze news, Director Phillip M. Fernandez sold 1,500 shares of the business's stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $51.32, for a total value of $76,980.00. Following the completion of the sale, the director now owns 11,056 shares in the company, valued at $567,393.92. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Braze news, Director Phillip M. Fernandez sold 1,500 shares of the firm's stock in a transaction on Friday, March 15th. The shares were sold at an average price of $51.32, for a total transaction of $76,980.00. Following the transaction, the director now directly owns 11,056 shares of the company's stock, valued at approximately $567,393.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Myles Kleeger sold 6,874 shares of Braze stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $56.87, for a total transaction of $390,924.38. Following the completion of the transaction, the insider now owns 231,083 shares in the company, valued at $13,141,690.21. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 75,471 shares of company stock worth $4,196,153. Corporate insiders own 26.48% of the company's stock.

Hedge Funds Weigh In On Braze

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Braze by 9.1% in the fourth quarter. Vanguard Group Inc. now owns 5,746,572 shares of the company's stock valued at $305,315,000 after purchasing an additional 480,179 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Braze by 21.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 375,923 shares of the company's stock worth $19,973,000 after buying an additional 65,973 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Braze in the 4th quarter valued at approximately $40,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Braze by 45.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,127,398 shares of the company's stock valued at $59,900,000 after buying an additional 352,090 shares in the last quarter. Finally, GSA Capital Partners LLP grew its holdings in Braze by 86.4% during the fourth quarter. GSA Capital Partners LLP now owns 21,817 shares of the company's stock worth $1,159,000 after acquiring an additional 10,113 shares during the period. 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 data ingestion products, such as 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 cohort syncing, which allow brands to sync user cohorts from partners; and Braze Cloud Data Ingestion that enables brands to harness their customer data.