Braze (NASDAQ:BRZE) Shares Climb 5.4% - Time to Buy?

Key Points

• BRZE shares rose 5.4% to about $24.41, though trading volume was roughly 97% below the average session level, limiting the significance of the move.
• Analysts remain broadly bullish: 20 of 22 analysts rate Braze a Buy, with an average price target of $38.21—about 56% above the referenced share price.
• AI expansion is a key growth catalyst. Braze partnered with Amazon Web Services and launched several AI products, while its latest quarter exceeded expectations with $227.2 million in revenue, up 26.2% year over year.

Shares of Braze, Inc. (NASDAQ:BRZE - Get Free Report) traded up 5.4% during mid-day trading on Wednesday. The stock traded as high as $24.32 and last traded at $24.41. Approximately 101,217 shares changed hands during trading, a decline of 97% from the average session volume of 2,910,188 shares. The stock had previously closed at $23.15.

Braze News Summary

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Positive analyst outlook: Cantor Fitzgerald reaffirmed its “overweight” rating and set a $38 price target, implying approximately 55.6% upside from the referenced $24.43 share price. The target suggests the firm sees substantial value in Braze’s growth prospects.
• Positive Sentiment: AWS collaboration strengthens AI positioning: Braze signed a strategic collaboration agreement with Amazon Web Services to advance AI-powered customer engagement. The partnership is intended to help brands deliver more personalized experiences at scale and could improve Braze’s technology reach, cloud integration and enterprise appeal. Braze Signs Strategic Collaboration Agreement with AWS
• Positive Sentiment: New AI product initiatives: At its Forge customer conference, Braze unveiled BrazeAI Decisioning Studio Go, agentic standards, BrazeAI Operator Connect and conversational agents. The releases reinforce the company’s effort to use AI to automate campaign decisions and deepen customer engagement, potentially supporting future demand and differentiation. Braze unveils new AI products
• Neutral Sentiment: Customer recognition event: Braze announced its 2026 Torchie Award winners, highlighting customers using creativity, collaboration and AI to drive measurable engagement results. The announcement supports brand visibility but does not provide new revenue, earnings or guidance information. Braze announces 2026 Torchie Award winners

Analysts Set New Price Targets

Several analysts recently weighed in on BRZE shares. BTIG Research reissued a "buy" rating and issued a $35.00 price objective on shares of Braze in a research note on Wednesday, September 9th. DA Davidson reaffirmed a "buy" rating and set a $40.00 target price on shares of Braze in a research report on Wednesday, September 9th. Mizuho set a $52.00 target price on Braze in a report on Wednesday, September 9th. Raymond James Financial upped their price target on Braze from $27.00 to $33.00 and gave the company an "outperform" rating in a research report on Wednesday, September 9th. Finally, Barclays increased their price target on Braze from $31.00 to $38.00 and gave the company an "overweight" rating in a research note on Wednesday, September 2nd. Twenty research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $38.21.

Braze Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.27 and a current ratio of 1.27. The stock's 50 day moving average price is $27.45 and its 200 day moving average price is $24.17. The company has a market capitalization of $2.81 billion, a P/E ratio of -24.02 and a beta of 0.88.

Braze (NASDAQ:BRZE - Get Free Report) last announced its 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 the consensus estimate of $220.27 million. Braze had a negative net margin of 13.55% and a negative return on equity of 16.11%. Braze's quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 earnings per share. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. As a group, equities analysts expect that Braze, Inc. will post -0.7 EPS for the current year.

Insiders Place Their Bets

In other news, insider Astha Malik sold 15,724 shares of the business's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $29.57, for a total value of $464,958.68. Following the transaction, the insider directly owned 326,233 shares of the company's stock, valued at $9,646,709.81. The trade was a 4.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 dated Monday, August 24th. The shares were sold at an average price of $31.38, for a total value of $932,990.16. Following the sale, the executive owned 409,630 shares in the company, valued at approximately $12,854,189.40. The trade was a 6.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 203,568 shares of company stock worth $6,096,461. Company insiders own 12.50% of the company's stock.

Hedge Funds Weigh In On Braze

Several institutional investors have recently added to or reduced their stakes in the business. Whetstone Capital Advisors LLC acquired a new position in Braze in the second quarter valued at approximately $671,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Braze during the 2nd quarter worth approximately $50,000. Squarepoint Ops LLC grew its position in shares of Braze by 13.3% during the 2nd quarter. Squarepoint Ops LLC now owns 391,337 shares of the company's stock worth $8,488,000 after buying an additional 46,049 shares during the period. Corient Private Wealth LP increased its stake in shares of Braze by 5.5% in the 2nd quarter. Corient Private Wealth LP now owns 102,896 shares of the company's stock valued at $2,232,000 after acquiring an additional 5,360 shares in the last quarter. Finally, Absolute Gestao de Investimentos Ltda. bought a new stake in shares of Braze in the 2nd quarter valued at $325,000. 90.47% of the stock is owned by institutional investors and hedge funds.

Braze Company Profile

Braze, Inc is a customer engagement software company that helps businesses build and manage personalized interactions with consumers. Its platform enables organizations to collect and analyze customer data, create audience segments, and coordinate marketing campaigns across multiple digital channels.

The Braze platform supports messaging through mobile and web push notifications, in-app messages, email, SMS, and other communication channels. It also provides tools for campaign orchestration, automation, experimentation, analytics, and artificial intelligence to help brands deliver more relevant and timely customer experiences.

Founded in 2011 as Appboy, the company later adopted the Braze name as it expanded its customer engagement offerings.

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