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Braze (BRZE) Stock Forecast & Price Target

$41.39
+0.10 (+0.24%)
(As of 05/28/2024 ET)

Braze - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 17 Analyst Ratings

Consensus Price Target

$64.12
54.91% Upside
High Forecast$80.00
Average Forecast$64.12
Low Forecast$45.00
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
16 Buy rating(s)
14 Buy rating(s)
13 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$64.12$63.41$63.65$40.18
Forecasted Upside54.91% Upside30.58% Upside21.30% Upside29.48% Upside
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BRZE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BRZE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Braze Stock vs. The Competition

TypeBrazeBusiness Services CompaniesS&P 500
Consensus Rating Score
2.94
2.62
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside54.91% Upside148.90% Upside10.81% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/29/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$75.00 ➝ $65.00+50.46%
4/22/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$65.00 ➝ $50.00+28.40%
4/5/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$66.00+55.84%
3/28/2024Raymond James
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 Lower TargetOutperform ➝ Outperform$75.00 ➝ $65.00+47.69%
3/28/2024TD Cowen
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 Lower TargetBuy ➝ Buy$68.00 ➝ $65.00+43.93%
3/28/2024Scotiabank
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 Lower TargetSector Perform ➝ Sector Perform$65.00 ➝ $58.00+26.72%
3/28/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$60.00 ➝ $58.00+24.68%
3/28/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$70.00+38.39%
3/28/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$75.00+48.28%
3/28/2024William Blair
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 Reiterated RatingOutperform
3/25/2024DA Davidson
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G. Luria
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Reiterated RatingBuy ➝ Buy$65.00+25.87%
3/21/2024UBS Group
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 UpgradeNeutral ➝ Buy$62.00+17.83%
12/7/2023The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$55.00 ➝ $63.00+17.23%
12/7/2023BTIG Research
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 Boost TargetBuy$60.00 ➝ $75.00+33.64%
12/7/2023Barclays
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 Boost TargetOverweight ➝ Overweight$65.00 ➝ $80.00+42.55%
12/7/2023JMP Securities
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 Boost TargetMarket Outperform ➝ Market Outperform$56.00 ➝ $68.00+21.17%
9/5/2023Citigroup
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 Initiated CoverageBuy$60.00+27.61%
6/9/2023Loop Capital
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 Boost Target$40.00 ➝ $45.00+32.59%
12/14/2022Cowen
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 Lower Target$47.00 ➝ $44.00+52.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:15 PM ET.

BRZE Frequently Asked Questions

What is Braze's stock forecast and purchase recommendation?

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Braze is $64.12, with a high forecast of $80.00 and a low forecast of $45.00. The consensus rating for Braze stock is Moderate Buy based on the current 1 hold rating and 16 buy ratings for BRZE. Learn more on BRZE's analyst rating history.

Do Wall Street analysts like Braze more than its competitors?

Analysts like Braze more than other "business services" companies. The consensus rating score for Braze is 2.94 while the average consensus rating score for "business services" companies is 2.62. Learn more on how BRZE compares to other companies.

Is Braze being upgraded by Wall Street analysts?

Over the previous 90 days, Braze's stock had 1 upgrade by analysts.

Does Braze's stock price have much upside?

According to analysts, Braze's stock has a predicted upside of 32.66% based on their 12-month stock forecasts.

What analysts cover Braze?

Stock Forecasts and Research Tools

This page (NASDAQ:BRZE) was last updated on 5/28/2024 by MarketBeat.com Staff

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