Should I buy or sell Braze stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Braze in the last year. There are currently 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BRZE shares. View BRZE analyst ratings or view top-rated stocks .

What is Braze's stock price target for 2024?

17 analysts have issued 12 month price objectives for Braze's shares. Their BRZE share price targets range from $44.00 to $65.00. On average, they anticipate the company's share price to reach $54.00 in the next year. This suggests that the stock has a possible downside of 4.1%. View analysts price targets for BRZE or view top-rated stocks among Wall Street analysts .

How have BRZE shares performed in 2023?

Braze's stock was trading at $27.28 at the beginning of the year. Since then, BRZE stock has increased by 106.4% and is now trading at $56.30. View the best growth stocks for 2023 here .

When is Braze's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023. View our BRZE earnings forecast .

How can I listen to Braze's earnings call?

Braze will be holding an earnings conference call on Wednesday, December 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Braze's earnings last quarter?

Braze, Inc. (NASDAQ:BRZE) issued its quarterly earnings data on Thursday, September, 7th. The company reported ($0.30) earnings per share for the quarter, topping analysts' consensus estimates of ($0.39) by $0.09. The company earned $115.11 million during the quarter, compared to the consensus estimate of $108.47 million. Braze had a negative net margin of 33.51% and a negative trailing twelve-month return on equity of 29.85%.

What ETFs hold Braze's stock?

ETFs with the largest weight of Braze (NASDAQ:BRZE) stock in their portfolio include Innovator IBD 50 ETF (FFTY) , iShares Virtual Work and Life Multisector ETF (IWFH) , ProShares Big Data Refiners ETF (DAT) , Jacob Forward ETF (JFWD) , WisdomTree Cloud Computing Fund (WCLD) , SPDR FactSet Innovative Technology ETF (XITK) and SPDR S&P Software & Services ETF (XSW) . Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO) .

What guidance has Braze issued on next quarter's earnings?

Braze updated its third quarter 2024 earnings guidance on Thursday, September, 7th. The company provided earnings per share guidance of -$0.14--$0.13 for the period, compared to the consensus EPS estimate of -$0.15. The company issued revenue guidance of $116.50 million-$117.50 million, compared to the consensus revenue estimate of $114.31 million.

(BRZE) raised $460 million in an initial public offering on Wednesday, November 17th 2021. The company issued 8,000,000 shares at $55.00-$60.00 per share.

Who are Braze's major shareholders?

Braze's stock is owned by a number of institutional and retail investors. Top institutional investors include Morgan Stanley (5.45%), Cadian Capital Management LP (3.39%), Invesco Ltd. (1.31%), Healthcare of Ontario Pension Plan Trust Fund (1.30%), Northern Trust Corp (0.49%) and Steadview Capital Management LLC (0.45%). Insiders that own company stock include Battery Partners Xi, Llc, Dharmesh Thakker, Douglas A Pepper , Iconiq Strategic Partners Vi,, Isabelle Winkles , Jesse Feldman, Jonathan Hyman , Matthew Jacobson , Myles Kleeger , Pankaj Malik , Phillip M Fernandez , Scott R Tobin , Susan Wiseman and William Magnuson. View institutional ownership trends .

How do I buy shares of Braze?

Shares of BRZE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Top-Rated StocksTop-Rated Most-Upgraded StocksMost-Upgraded

Braze Stock Price, News & Analysis (NASDAQ:BRZE)

$56.30

+1.36 (+2.48%)

(As of 12/1/2023 ET)

Compare

Today's Range: $55.01
▼
$56.70
50-Day Range: $41.79
▼
$56.30
52-Week Range: $23.67
▼
$56.69

Volume: 1.24 million shs
Average Volume: 644,145 shs
Market Capitalization: $5.57 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $54.00

Braze MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 4.1% Downside
$54.00 Price Target
Short Interest: Bearish
9.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.43
Based on 6 Articles This Week
Insider Trading: Selling Shares
$12.15 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.39) to ($1.15) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Business Services Sector

225th out of 316 stocks

Prepackaged Software Industry

152nd out of 206 stocks

2.4

Analyst's Opinion

Consensus Rating
Braze has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 15 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $54.00, Braze has a forecasted downside of 4.1% from its current price of $56.30.
Amount of Analyst Coverage
Braze has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
9.88% of the float of Braze has been sold short.
Short Interest Ratio / Days to Cover
Braze has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Braze has recently decreased by 3.48%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Braze does not currently pay a dividend.
Dividend Growth
Braze does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BRZE.

2.5

News and Social Media Coverage

News Sentiment
Braze has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Braze this week, compared to 3 articles on an average week.
Search Interest
Only 4 people have searched for BRZE on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.
MarketBeat Follows
18 people have added Braze to their MarketBeat watchlist in the last 30 days. This is an increase of 64% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Braze insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,147,983.00 in company stock.
Percentage Held by Insiders
26.48% of the stock of Braze is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
49.47% of the stock of Braze is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Braze are expected to grow in the coming year, from ($1.39) to ($1.15) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Braze is -39.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Braze is -39.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Braze has a P/B Ratio of 12.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Braze Stock (NASDAQ:BRZE)

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. It also offers classification products, including segmentation that can define reusable segments of consumers based upon attributes, events, or predictive propensity scores; segment insights, which allows customers to analyze how segments are performing relative to each other across a set of pre-selected key performance indicators; and predictive suite that allows customers to identify groups of consumers that are of critical business value. In addition, the company provides orchestration products, which includes Canvas, an orchestration tool that allows customers to create journeys, mapping out multi-steps, and cross-channel messaging experiences; campaigns, which allows customers to send one set of single-channel or multi-channel messages to be delivered to customers in a particular user segment; event and API triggering; frequency capping and rate limiting; intelligent selection; and reporting and analytics. Further, it offers personalization products, such as liquid templating platform, connected content platform, content blocks, intelligent timing platform, and promotion codes; and action products. The company was formerly known as Appboy, Inc. and changed its name to Braze, Inc. in November 2017. Braze, Inc. was incorporated in 2011 and is headquartered in New York, New York.

BRZE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BRZE Stock News Headlines

November 28, 2023 | insidertrades.com

The most active insider sales: Stocks to put on your radar (BRZE)

November 30, 2023 | americanbankingnews.com

Braze (NASDAQ:BRZE) Price Target Raised to $57.00

December 3, 2023 | DTI Trader (Ad)

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November 29, 2023 | markets.businessinsider.com

Expert Ratings for Braze

November 29, 2023 | americanbankingnews.com

Braze (BRZE) to Release Earnings on Wednesday

November 23, 2023 | americanbankingnews.com

Braze (NASDAQ:BRZE) Reaches New 52-Week High at $51.74

November 21, 2023 | finance.yahoo.com

Insider Sell Alert: Braze Inc's CTO Jonathan Hyman Sells 48,282 Shares

November 20, 2023 | msn.com

This Growth Stock Up Nearly 100% in 2023 Offers Buying Opportunity

December 3, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

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November 18, 2023 | finance.yahoo.com

Insider Sell Alert: Braze Inc's CTO Jonathan Hyman Sells 16,809 Shares

November 16, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Canadian Solar (CSIQ), Braze (BRZE) and Affirm Holdings (AFRM)

November 15, 2023 | finance.yahoo.com

Braze to Report Third Quarter Fiscal 2024 Results

October 28, 2023 | finance.yahoo.com

Insider Sell: Jonathan Hyman Sells 15,000 Shares of Braze Inc (BRZE)

October 25, 2023 | msn.com

DA Davidson Upgrades Braze Inc - (BRZE)

October 24, 2023 | msn.com

The Trade Desk cleans up: 4 big analyst picks

October 24, 2023 | msn.com

Braze rises after D.A. Davidson upgrades on resilient growth

October 21, 2023 | finance.yahoo.com

Is Braze, Inc. (NASDAQ:BRZE) Worth US$43.8 Based On Its Intrinsic Value?

October 18, 2023 | msn.com

Needham Reiterates Braze Inc - (BRZE) Buy Recommendation

October 18, 2023 | markets.businessinsider.com

Braze Poised for Long-term Leadership in Customer Engagement Market: A Buy Rating Review

October 17, 2023 | finance.yahoo.com

Braze Introduces Feature Flags and Unveils New Low-Code and AI Product Innovations at Ninth Annual Forge Customer Conference

October 16, 2023 | finance.yahoo.com

Braze Celebrates Leading Customers and Partners with 2023 Braze Torchie Awards Winners

October 10, 2023 | finance.yahoo.com

Chief Accounting Officer Pankaj Malik Sells 2,994 Shares of Braze Inc (BRZE)

October 9, 2023 | finance.yahoo.com

Braze Looks Promising But Go Slow for Now

October 6, 2023 | msn.com

Braze Inc - (BRZE) Price Target Increased by 26.50% to 57.38

October 5, 2023 | finance.yahoo.com

Insider Sell: CFO Isabelle Winkles Sells 5,000 Shares of Braze Inc (BRZE)

October 4, 2023 | seekingalpha.com

Braze: Sustaining Revenue Growth And Impressive Returns, Yet Profitability Remains Elusive

October 3, 2023 | finance.yahoo.com

Are Business Services Stocks Lagging JACOBS SOLUTNS (J) This Year?

See More Headlines

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Company Calendar

Last Earnings: 9/07/2023
Today: 12/03/2023
Next Earnings (Confirmed): 12/06/2023
Fiscal Year End: 1/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:BRZE
CUSIP: N/A
CIK: 1676238
Web: www.braze.com
Phone: 609-964-0585
Fax: N/A
Employees: 1,501
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $54.00
High Stock Price Target: $65.00
Low Stock Price Target: $44.00
Potential Upside/Downside: -4.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.43)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-138,970,000.00
Net Margins: -33.51%
Pretax Margin: -33.55%
Return on Equity: -29.85%
Return on Assets: -18.68%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.31
Quick Ratio: 2.31

Sales & Book Value

Annual Sales: $355.43 million
Price / Sales: 15.66
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.64 per share
Price / Book: 12.13

Miscellaneous

Outstanding Shares: 98,870,000
Free Float: 72,687,000
Market Cap: $5.57 billion
Optionable: Not Optionable
Beta: 1.25

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Key Executives

Mr. William Magnuson (Age 35)
Co-Founder, Chairman & CEO
Comp: $666.82k
Mr. Myles Kleeger (Age 48)
President & Chief Commercial Officer
Comp: $534.46k
Mr. Jonathan Hyman (Age 37)
Co-Founder & CTO
Comp: $479.61k
Ms. Isabelle Winkles (Age 44)
Chief Financial Officer
Comp: $518.09k
Ms. Susan Wiseman (Age 63)
General Counsel & Corporate Secretary
Comp: $434.41k
Mr. Pankaj Malik
Chief Accounting Officer
Mr. Christopher L. Ferris
Head of Investor Relations
Hannah Blackington
Senior Communications Manager
Ms. Priyanka Singh (Age 54)
Chief People Officer
Mr. Kevin Wang
Chief Product Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BRZE Stock Analysis - Frequently Asked Questions

Should I buy or sell Braze stock right now?: 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Braze in the last year. There are currently 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BRZE shares.
View BRZE analyst ratings or view top-rated stocks.
What is Braze's stock price target for 2024?: 17 analysts have issued 12 month price objectives for Braze's shares. Their BRZE share price targets range from $44.00 to $65.00. On average, they anticipate the company's share price to reach $54.00 in the next year. This suggests that the stock has a possible downside of 4.1%.
View analysts price targets for BRZE or view top-rated stocks among Wall Street analysts.
How have BRZE shares performed in 2023?: Braze's stock was trading at $27.28 at the beginning of the year. Since then, BRZE stock has increased by 106.4% and is now trading at $56.30.
View the best growth stocks for 2023 here.
When is Braze's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
View our BRZE earnings forecast.
How can I listen to Braze's earnings call?: Braze will be holding an earnings conference call on Wednesday, December 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Braze's earnings last quarter?: Braze, Inc. (NASDAQ:BRZE) issued its quarterly earnings data on Thursday, September, 7th. The company reported ($0.30) earnings per share for the quarter, topping analysts' consensus estimates of ($0.39) by $0.09. The company earned $115.11 million during the quarter, compared to the consensus estimate of $108.47 million. Braze had a negative net margin of 33.51% and a negative trailing twelve-month return on equity of 29.85%.

What ETFs hold Braze's stock?: ETFs with the largest weight of Braze (NASDAQ:BRZE) stock in their portfolio include Innovator IBD 50 ETF (FFTY), iShares Virtual Work and Life Multisector ETF (IWFH), ProShares Big Data Refiners ETF (DAT), Jacob Forward ETF (JFWD), WisdomTree Cloud Computing Fund (WCLD), SPDR FactSet Innovative Technology ETF (XITK) and SPDR S&P Software & Services ETF (XSW).Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO).
What guidance has Braze issued on next quarter's earnings?: Braze updated its third quarter 2024 earnings guidance on Thursday, September, 7th. The company provided earnings per share guidance of -$0.14--$0.13 for the period, compared to the consensus EPS estimate of -$0.15. The company issued revenue guidance of $116.50 million-$117.50 million, compared to the consensus revenue estimate of $114.31 million.
When did Braze IPO?: (BRZE) raised $460 million in an initial public offering on Wednesday, November 17th 2021. The company issued 8,000,000 shares at $55.00-$60.00 per share.
Who are Braze's major shareholders?: Braze's stock is owned by a number of institutional and retail investors. Top institutional investors include Morgan Stanley (5.45%), Cadian Capital Management LP (3.39%), Invesco Ltd. (1.31%), Healthcare of Ontario Pension Plan Trust Fund (1.30%), Northern Trust Corp (0.49%) and Steadview Capital Management LLC (0.45%). Insiders that own company stock include Battery Partners Xi, Llc, Dharmesh Thakker, Douglas A Pepper, Iconiq Strategic Partners Vi,, Isabelle Winkles, Jesse Feldman, Jonathan Hyman, Matthew Jacobson, Myles Kleeger, Pankaj Malik, Phillip M Fernandez, Scott R Tobin, Susan Wiseman and William Magnuson.
View institutional ownership trends.
How do I buy shares of Braze?: Shares of BRZE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:BRZE) was last updated on 12/3/2023 by MarketBeat.com Staff

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