Braze’s (BRZE) “Overweight” Rating Reiterated at Piper Sandler

Piper Sandler reissued their overweight rating on shares of Braze (NASDAQ:BRZE) in a research report report published on Wednesday,Benzinga reports. Piper Sandler currently has a $30.00 target price on the stock, up from their previous target price of $27.00.

Several other brokerages have also recently issued reports on BRZE. Oppenheimer increased their price target on shares of Braze from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 target price on shares of Braze in a research note on Wednesday. Mizuho set a $52.00 target price on shares of Braze in a research note on Wednesday. Canaccord Genuity Group reduced their target price on shares of Braze from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, May 28th. Finally, DA Davidson raised their price target on shares of Braze from $33.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. Twenty 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.21.

Braze Trading Down 1.3%

BRZE opened at $23.94 on Wednesday. Braze has a 52 week low of $15.26 and a 52 week high of $37.33. The business has a fifty day simple moving average of $27.60 and a 200-day simple moving average of $23.64. The firm has a market cap of $2.70 billion, a P/E ratio of -23.24 and a beta of 0.88. The company has a quick ratio of 1.24, a current ratio of 1.27 and a debt-to-equity ratio of 0.02.

Braze (NASDAQ:BRZE) last posted its quarterly earnings data on Tuesday, September 8th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. Braze had a negative return on equity of 16.11% and a negative net margin of 13.55%.The firm had revenue of $227.23 million for the quarter, compared to the consensus estimate of $220.27 million. During the same quarter in the previous year, the business earned $0.15 EPS. The company’s quarterly revenue was up 26.2% compared to the same quarter last year. 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 analysts expect that Braze will post -0.77 earnings per share for the current year.

Insider Activity at Braze

In other Braze news, CTO Jonathan Hyman sold 42,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $32.47, for a total value of $1,363,740.00. Following the sale, the chief technology officer directly owned 1,143,219 shares of the company’s stock, valued at approximately $37,120,320.93. This represents a 3.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 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 on Wednesday, August 19th. The shares were sold at an average price of $29.57, for a total transaction of $464,958.68. Following the completion of the sale, the insider owned 326,233 shares in the company, valued at $9,646,709.81. The trade was a 4.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 203,568 shares of company stock valued at $6,096,461 over the last 90 days. 12.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Braze

Large investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Braze by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock valued at $1,415,000 after buying an additional 1,700 shares in the last quarter. Intech Investment Management LLC lifted its holdings in Braze by 18.8% during the 1st quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock worth $1,453,000 after buying an additional 6,379 shares during the last quarter. Prudential Financial Inc. acquired a new position in shares of Braze during the 2nd quarter worth about $272,000. Russell Investments Group Ltd. boosted its position in shares of Braze by 1,353.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,619 shares of the company’s stock worth $270,000 after acquiring an additional 8,957 shares in the last quarter. Finally, Amundi boosted its position in shares of Braze by 8.9% during the 2nd quarter. Amundi now owns 32,581 shares of the company’s stock worth $918,000 after acquiring an additional 2,657 shares in the last quarter. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Key Braze News

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst support remains strong. Piper Sandler reiterated its Overweight rating, while Citizens JMP maintained “Market Outperform,” BTIG Research reiterated “Buy,” and D.A. Davidson also issued a Buy rating. TD Cowen likewise reaffirmed its Buy recommendation. Piper Sandler Reaffirms Overweight Rating for Braze
• Positive Sentiment: Strong quarterly execution provides support. Braze reported quarterly earnings of $0.19 per share versus the $0.16 consensus estimate, while revenue of $227.2 million exceeded expectations of $220.3 million and increased 26.2% year over year. Analysts cited revenue growth and improving net retention as reasons the selloff could represent a buying opportunity. Why Braze’s Guidance Miss May Be a Gift for Investors
• Positive Sentiment: Stephens expects substantial upside for BRZE, adding to the favorable analyst outlook. Stephens Forecasts Strong Price Appreciation for Braze
• Neutral Sentiment: JPMorgan lowered its price target to $34, but the revised target remains above the stock’s recent trading level, suggesting reduced expectations rather than a bearish call. JPMorgan Lowers Braze Price Target
• Neutral Sentiment: Braze presented at Citi’s 2026 Global TMT Conference, potentially giving investors additional information on strategy and growth, though no specific new financial catalyst was reported. Braze Citi Conference Transcript
• Negative Sentiment: Soft third-quarter profit guidance triggered the recent decline. The weaker outlook overshadowed the second-quarter earnings and revenue beats, raising concerns about near-term growth and profitability. Braze Dips on Weak Q3 Profit Outlook
• Negative Sentiment: Put-option activity was unusually high, with 5,672 puts purchased—180% above average—indicating increased near-term hedging or bearish speculation.

About Braze

Braze, Inc is a customer engagement software company that helps businesses build and manage personalized interactions with consumers. Its platform enables organizations to collect and analyze customer data, create audience segments, and coordinate marketing campaigns across multiple digital channels.

The Braze platform supports messaging through mobile and web push notifications, in-app messages, email, SMS, and other communication channels. It also provides tools for campaign orchestration, automation, experimentation, analytics, and artificial intelligence to help brands deliver more relevant and timely customer experiences.

Founded in 2011 as Appboy, the company later adopted the Braze name as it expanded its customer engagement offerings.