Braze (BRZE) Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Braze in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BRZE shares.
View BRZE analyst ratings or view top-rated stocks.

17 equities research analysts have issued twelve-month target prices for Braze's shares. Their BRZE share price forecasts range from $44.00 to $65.00. On average, they anticipate the company's share price to reach $53.47 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price.
View analysts price targets for BRZE or view top-rated stocks among Wall Street analysts.

Braze's stock was trading at $27.28 on January 1st, 2023. Since then, BRZE shares have increased by 65.4% and is now trading at $45.12.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 12th 2023.
View our BRZE earnings forecast.

Braze, Inc. (NASDAQ:BRZE) announced its quarterly earnings results on Sunday, December, 19th. The company reported ($0.16) EPS for the quarter, beating analysts' consensus estimates of ($0.62) by $0.46. The firm earned $63.97 million during the quarter. Braze had a negative trailing twelve-month return on equity of 29.85% and a negative net margin of 33.51%.

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).

Braze issued an update on its third quarter 2024 earnings guidance on Thursday, September, 7th. The company provided EPS 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 (IPO) on Wednesday, November 17th 2021. The company issued 8,000,000 shares at a price of $55.00-$60.00 per share.

Braze trades on the NASDAQ under the ticker symbol "BRZE."

Braze's stock is owned by a number of institutional and retail investors. Top institutional shareholders include ICONIQ Capital LLC (6.83%), Cadian Capital Management LP (4.80%), Battery Management CORP. (3.32%), BlackRock Inc. (2.67%), Alliancebernstein L.P. (2.43%) and State Street Corp (0.80%). 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.

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.

One share of BRZE stock can currently be purchased for approximately $45.12.

Braze (NASDAQ:BRZE) has a market capitalization of $4.40 billion and generates $355.43 million in revenue each year. The company earns $-138,970,000.00 in net income (profit) each year or ($1.43) on an earnings per share basis.

The company employs 1,501 workers across the globe.

The official website for the company is www.braze.com. The company can be reached via phone at 609-964-0585 or via email at ir@braze.com.