Braze, Inc. (NASDAQ:BRZE – Free Report) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for Braze in a research report issued on Wednesday, January 8th. Scotiabank analyst N. Altmann anticipates that the company will post earnings per share of ($0.87) for the year. The consensus estimate for Braze’s current full-year earnings is ($1.01) per share.
Other research analysts have also recently issued research reports about the stock. Needham & Company LLC restated a “buy” rating and set a $50.00 price target (down previously from $70.00) on shares of Braze in a research note on Tuesday, December 10th. Citigroup boosted their price target on Braze from $47.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Piper Sandler increased their price objective on Braze from $40.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. Macquarie lifted their price objective on Braze from $30.00 to $39.00 and gave the company a “neutral” rating in a report on Wednesday, December 11th. Finally, DA Davidson lowered their target price on shares of Braze from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, December 10th. One investment analyst has rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Braze currently has an average rating of “Moderate Buy” and an average price target of $53.74.
Braze Stock Performance
Shares of Braze stock opened at $42.63 on Thursday. The firm has a market cap of $4.41 billion, a P/E ratio of -37.39 and a beta of 1.11. The firm’s 50-day simple moving average is $40.04 and its 200-day simple moving average is $38.25. Braze has a twelve month low of $29.18 and a twelve month high of $61.53.
Insider Activity at Braze
In other news, CTO Jonathan Hyman sold 6,930 shares of Braze stock in a transaction on Monday, November 18th. The stock was sold at an average price of $34.45, for a total value of $238,738.50. Following the completion of the sale, the chief technology officer now directly owns 163,020 shares of the company’s stock, valued at approximately $5,616,039. This trade represents a 4.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Susan Wiseman sold 41,210 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $45.09, for a total value of $1,858,158.90. Following the transaction, the general counsel now directly owns 199,520 shares in the company, valued at $8,996,356.80. This trade represents a 17.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 173,083 shares of company stock valued at $7,260,773 over the last quarter. Corporate insiders own 24.03% of the company’s stock.
Institutional Investors Weigh In On Braze
Institutional investors have recently modified their holdings of the business. Blair William & Co. IL lifted its holdings in Braze by 2.2% in the second quarter. Blair William & Co. IL now owns 12,928 shares of the company’s stock valued at $502,000 after buying an additional 283 shares during the period. Harbor Capital Advisors Inc. lifted its stake in shares of Braze by 3.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 10,828 shares of the company’s stock valued at $453,000 after purchasing an additional 346 shares during the period. Amalgamated Bank boosted its position in shares of Braze by 18.9% in the 3rd quarter. Amalgamated Bank now owns 2,253 shares of the company’s stock worth $73,000 after purchasing an additional 358 shares during the last quarter. Creative Planning grew its stake in shares of Braze by 1.7% during the second quarter. Creative Planning now owns 23,121 shares of the company’s stock worth $898,000 after purchasing an additional 384 shares during the period. Finally, KBC Group NV increased its holdings in Braze by 41.5% in the third quarter. KBC Group NV now owns 2,097 shares of the company’s stock valued at $68,000 after purchasing an additional 615 shares during the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.
About Braze
Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers 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 Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.
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