Braze (NASDAQ:BRZE) Earns Buy Rating from BTIG Research

Braze (NASDAQ:BRZE)‘s stock had its “buy” rating reiterated by stock analysts at BTIG Research in a note issued to investors on Wednesday, Benzinga reports. They presently have a $35.00 price target on the stock. BTIG Research’s target price suggests a potential upside of 15.47% from the company’s previous close.

BRZE has been the topic of a number of other research reports. Mizuho set a $52.00 price target on shares of Braze in a research note on Wednesday. Piper Sandler restated an “overweight” rating and issued a $27.00 price target on shares of Braze in a report on Thursday, May 28th. The Goldman Sachs Group set a $34.00 price target on Braze and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Braze in a report on Tuesday, July 7th. Finally, Citigroup reissued a “market outperform” rating on shares of Braze in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $38.47.

Braze Price Performance

NASDAQ:BRZE opened at $30.31 on Wednesday. The firm has a market capitalization of $3.41 billion, a P/E ratio of -27.06 and a beta of 0.88. The company’s 50-day simple moving average is $27.57 and its 200 day simple moving average is $23.54. Braze has a one year low of $15.26 and a one year high of $37.33.

Braze (NASDAQ:BRZE) last announced its quarterly earnings data on Tuesday, September 8th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. Braze had a negative net margin of 15.51% and a negative return on equity of 17.52%. The company had revenue of $227.23 million during the quarter, compared to analyst estimates of $220.27 million. During the same period in the previous year, the business earned $0.15 EPS. The firm’s revenue for the quarter was up 26.2% on a year-over-year basis. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. On average, equities research analysts expect that Braze will post -0.78 earnings per share for the current fiscal year.

Insider Transactions at Braze

In related news, CTO Jonathan Hyman sold 42,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $32.47, for a total transaction of $1,363,740.00. Following the sale, the chief technology officer directly owned 1,143,219 shares in the company, valued at approximately $37,120,320.93. This represents a 3.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Astha Malik sold 15,724 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $29.57, for a total value of $464,958.68. Following the sale, the insider directly owned 326,233 shares in the company, valued at $9,646,709.81. This trade represents a 4.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 203,568 shares of company stock valued at $6,096,461. 12.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BRZE. California State Teachers Retirement System increased its stake in Braze by 1,832.1% in the 2nd quarter. California State Teachers Retirement System now owns 2,019,361 shares of the company’s stock valued at $43,800,000 after buying an additional 1,914,845 shares during the period. Alyeska Investment Group L.P. boosted its holdings in shares of Braze by 592.4% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock valued at $72,181,000 after acquiring an additional 1,801,019 shares in the last quarter. UBS Group AG boosted its holdings in shares of Braze by 421.1% in the third quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock valued at $36,394,000 after acquiring an additional 1,034,087 shares in the last quarter. Battery Management CORP. increased its stake in shares of Braze by 70.2% during the third quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after acquiring an additional 1,000,000 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of Braze by 238.2% during the third quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock worth $38,429,000 after acquiring an additional 951,674 shares during the period. Institutional investors and hedge funds own 90.47% of the company’s stock.

Key Headlines Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q2 results exceeded estimates: Braze reported adjusted earnings of $0.19 per share versus the $0.16 consensus, while revenue rose 26.2% year over year to $227.23 million, above expectations of $220.27 million. Braze Reports Strong Fiscal Second Quarter 2027 Results
• Positive Sentiment: Management raised its outlook: Fiscal 2027 EPS guidance was set at $0.64-$0.65, well above the $0.35 analyst consensus, while revenue guidance of $910 million-$913 million exceeded the $898.4 million consensus. Third-quarter EPS guidance of $0.13-$0.14 and revenue guidance of $229 million-$230 million also topped estimates. Braze Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Improving profitability trends: Braze highlighted record second-quarter free cash flow, improving operating leverage and increasing customer adoption of its AI-powered engagement tools. These factors support the company’s longer-term growth and margin expansion story. Braze Q2 2027 Earnings Call Highlights

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.