Braze (NASDAQ:BRZE) Releases FY26 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.31-$0.35 for the period, compared to the consensus earnings per share estimate of $0.28. The company issued revenue guidance of $686-$691 million, compared to the consensus revenue estimate of $688.16 million. Braze also updated its Q1 guidance to $0.04-$0.05 EPS.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BRZE shares. Raymond James decreased their target price on Braze from $48.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, March 20th. Canaccord Genuity Group set a $45.00 target price on shares of Braze in a report on Wednesday. Stephens assumed coverage on Braze in a research report on Wednesday, March 19th. They issued an “overweight” rating and a $43.00 price target on the stock. Stifel Nicolaus boosted their target price on shares of Braze from $37.00 to $48.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $50.00 price target on shares of Braze in a report on Monday, February 3rd. One analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Braze presently has a consensus rating of “Buy” and a consensus price target of $52.05.

Braze Price Performance

Shares of NASDAQ:BRZE traded down $0.63 during trading on Thursday, reaching $36.70. The stock had a trading volume of 2,149,239 shares, compared to its average volume of 1,127,757. The stock has a market capitalization of $3.80 billion, a PE ratio of -32.19 and a beta of 1.17. Braze has a 52 week low of $29.18 and a 52 week high of $50.84. The business’s 50-day moving average price is $39.94 and its 200 day moving average price is $37.98.

Insiders Place Their Bets

In other Braze news, insider Myles Kleeger sold 10,000 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $45.43, for a total transaction of $454,300.00. Following the sale, the insider now owns 184,396 shares of the company’s stock, valued at $8,377,110.28. This represents a 5.14 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Pankaj Malik sold 3,700 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $45.77, for a total transaction of $169,349.00. Following the completion of the transaction, the chief accounting officer now directly owns 54,784 shares of the company’s stock, valued at approximately $2,507,463.68. This represents a 6.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 89,470 shares of company stock valued at $3,841,921. 24.03% of the stock is currently owned by corporate insiders.

Braze Company Profile

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.