JPMorgan Chase & Co. Increases Braze (NASDAQ:BRZE) Price Target to $33.00

Braze (NASDAQ:BRZE) had its price objective increased by JPMorgan Chase & Co. from $32.00 to $33.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 50.71% from the stock’s current price.

BRZE has been the subject of a number of other research reports. The Goldman Sachs Group dropped their price target on Braze from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Citigroup raised their price objective on Braze from $52.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Barclays upped their price objective on shares of Braze from $29.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday. Wells Fargo & Company lifted their target price on shares of Braze from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Finally, BTIG Research lowered their price target on shares of Braze from $45.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Twenty-two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $38.67.

Braze Stock Performance

NASDAQ:BRZE traded up $3.88 during trading hours on Wednesday, reaching $21.90. The stock had a trading volume of 3,113,421 shares, compared to its average volume of 2,967,831. The stock has a 50 day simple moving average of $19.95 and a 200 day simple moving average of $26.57. Braze has a 12-month low of $15.26 and a 12-month high of $43.89. The stock has a market cap of $2.46 billion, a P/E ratio of -19.82 and a beta of 1.08.

Insider Transactions at Braze

In other news, CTO Jonathan Hyman sold 7,391 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $125,129.63. Following the sale, the chief technology officer directly owned 1,692,933 shares of the company’s stock, valued at $28,661,355.69. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Astha Malik sold 14,049 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $237,849.57. Following the transaction, the insider directly owned 205,289 shares of the company’s stock, valued at approximately $3,475,542.77. This trade represents a 6.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 60,676 shares of company stock worth $1,027,661. 18.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Braze

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Braze by 10.0% during the 4th quarter. Vanguard Group Inc. now owns 9,851,050 shares of the company’s stock worth $337,793,000 after acquiring an additional 892,635 shares during the last quarter. Champlain Investment Partners LLC grew its holdings in Braze by 10.8% during the third quarter. Champlain Investment Partners LLC now owns 2,687,928 shares of the company’s stock valued at $76,445,000 after purchasing an additional 261,351 shares during the period. JPMorgan Chase & Co. increased its position in Braze by 6.0% in the third quarter. JPMorgan Chase & Co. now owns 2,455,367 shares of the company’s stock worth $69,831,000 after buying an additional 139,133 shares in the last quarter. Battery Management CORP. increased its position in Braze by 70.2% in the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after buying an additional 1,000,000 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in Braze by 28.8% during the 2nd quarter. Alliancebernstein L.P. now owns 2,320,171 shares of the company’s stock worth $65,197,000 after acquiring an additional 518,103 shares during the period. Hedge funds and other institutional investors own 90.47% of the company’s stock.

More Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q4 revenue beat and strong growth outlook — Revenue came in at $205.17M (up ~27.9% YoY) and topped consensus; management emphasized AI-driven momentum and raised forward revenue expectations, which drove the post-earnings rally. Businesswire: Q4 Results
• Positive Sentiment: Multiple buy ratings/reaffirmations remain — Needham reaffirmed a buy with a $50 PT and Canaccord issued a buy, both supporting upside case despite volatility. These stand as potential support for the stock if execution continues. Benzinga: Needham Reaffirmed AmericanBankingNews: Canaccord Buy
• Neutral Sentiment: Full materials and call transcripts available — Slides, press release and call transcripts were posted (useful for modeling guidance and margin trajectory). Slide Deck / Press Release Seeking Alpha: Call Transcript
• Neutral Sentiment: Short-interest reporting appears unreliable — Several entries show anomalous “0 shares/NaN” figures; treat short-interest signals with caution until clearer data is published.
• Negative Sentiment: EPS miss — Reported EPS was $0.10, below consensus (~$0.14 / $0.115), which raises near-term profitability concerns despite top-line strength. MarketBeat: Earnings Details
• Negative Sentiment: Analyst price-target cuts — Citizens JMP lowered its PT from $68 to $35 (still “market outperform”) and Piper Sandler cut its PT to $27; these reductions are pressuring sentiment despite the continued “buy/overweight” stances. Benzinga: PT Cuts

About Braze

Braze, Inc is a publicly traded software company (NASDAQ: BRZE) that offers a customer engagement platform designed to help brands build personalized relationships with their users. Founded in 2011 as Appboy by Bill Magnuson, Jon Hyman and Mark Ghermezian, the company adopted the Braze name in 2017 to underscore its focus on fostering strong connections between businesses and consumers. Its cloud-based platform consolidates messaging channels including push notifications, in-app messages, email and SMS, enabling companies to deliver timely, context-driven communications at scale.

The core functionality of Braze’s platform centers on data-driven segmentation, customer journey orchestration and real-time analytics.