Braze (NASDAQ:BRZE) Updates FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.310-0.350 for the period, compared to the consensus EPS estimate of 0.290. The company issued revenue guidance of $686.0 million-$691.0 million, compared to the consensus revenue estimate of $688.2 million. Braze also updated its FY26 guidance to $0.31-$0.35 EPS.

Analysts Set New Price Targets

Several brokerages recently issued reports on BRZE. Canaccord Genuity Group upped their target price on Braze from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Friday. DA Davidson restated a “buy” rating and set a $50.00 price target on shares of Braze in a research note on Wednesday. Stephens started coverage on Braze in a research report on Wednesday, March 19th. They set an “overweight” rating and a $43.00 price target for the company. Macquarie lifted their price objective on shares of Braze from $30.00 to $39.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. Finally, William Blair reissued an “outperform” rating on shares of Braze in a report on Thursday, December 19th. One analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $52.40.

Braze Stock Performance

NASDAQ BRZE opened at $36.70 on Friday. Braze has a one year low of $29.18 and a one year high of $48.33. The business has a fifty day moving average price of $39.80 and a 200 day moving average price of $37.97. The company has a market cap of $3.80 billion, a P/E ratio of -32.19 and a beta of 1.17.

Braze (NASDAQ:BRZE) last released its quarterly earnings data on Thursday, March 27th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.07. The company had revenue of $160.40 million during the quarter, compared to the consensus estimate of $155.72 million. Braze had a negative net margin of 20.41% and a negative return on equity of 24.88%. Braze’s quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.04) EPS. As a group, sell-side analysts predict that Braze will post -0.98 EPS for the current fiscal year.

Insider Activity at Braze

In other Braze news, CAO Pankaj Malik sold 3,700 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $45.77, for a total value of $169,349.00. Following the transaction, the chief accounting officer now directly owns 54,784 shares in the company, valued at $2,507,463.68. This represents a 6.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Susan Wiseman sold 3,486 shares of Braze stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $40.02, for a total transaction of $139,509.72. Following the sale, the general counsel now owns 182,109 shares in the company, valued at $7,288,002.18. This represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 89,470 shares of company stock worth $3,841,921 in the last three months. 24.03% of the stock is owned by company insiders.

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.