Braze (NASDAQ:BRZE) Reaches New 1-Year Low – Should You Sell?

Braze, Inc. (NASDAQ:BRZE) reached a new 52-week low on Thursday . The company traded as low as $21.92 and last traded at $22.0130, with a volume of 912966 shares. The stock had previously closed at $23.77.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Piper Sandler reissued an “overweight” rating and set a $50.00 target price on shares of Braze in a research note on Wednesday, October 1st. Wells Fargo & Company increased their target price on Braze from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. Cantor Fitzgerald reissued an “overweight” rating and issued a $38.00 price objective on shares of Braze in a research note on Wednesday, December 10th. The Goldman Sachs Group dropped their price objective on shares of Braze from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Needham & Company LLC reissued a “buy” rating and issued a $50.00 target price on shares of Braze in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Braze presently has an average rating of “Moderate Buy” and a consensus target price of $46.62.

Braze Stock Performance

The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of -19.71 and a beta of 1.08. The firm has a 50-day simple moving average of $30.34 and a two-hundred day simple moving average of $28.88.

Braze (NASDAQ:BRZE) last released its earnings results on Tuesday, December 9th. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. Braze had a negative return on equity of 17.87% and a negative net margin of 16.85%.The firm had revenue of $190.84 million during the quarter, compared to analysts’ expectations of $198.25 million. During the same period in the previous year, the firm posted $0.02 EPS. Braze’s revenue for the quarter was up 25.5% on a year-over-year basis. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. As a group, equities analysts forecast that Braze, Inc. will post -0.98 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Pankaj Malik sold 5,540 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $35.76, for a total transaction of $198,110.40. Following the completion of the sale, the chief accounting officer owned 53,572 shares in the company, valued at $1,915,734.72. The trade was a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Jonathan Hyman sold 9,789 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $26.64, for a total transaction of $260,778.96. Following the completion of the transaction, the chief technology officer owned 195,317 shares of the company’s stock, valued at approximately $5,203,244.88. The trade was a 4.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 69,923 shares of company stock valued at $1,917,418 over the last 90 days. 18.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Braze

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of Braze by 2.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,316,234 shares of the company’s stock worth $65,086,000 after purchasing an additional 64,025 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new stake in Braze in the 2nd quarter worth approximately $736,000. Versor Investments LP bought a new stake in Braze during the second quarter worth approximately $638,000. AlphaQuest LLC boosted its position in Braze by 250.6% during the second quarter. AlphaQuest LLC now owns 17,899 shares of the company’s stock worth $503,000 after purchasing an additional 12,794 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Braze by 10.9% during the second quarter. Geode Capital Management LLC now owns 1,797,546 shares of the company’s stock valued at $50,517,000 after purchasing an additional 177,391 shares during the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.

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.