Braze (NASDAQ:BRZE) Releases Q2 2027 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.150-0.160 for the period, compared to the consensus estimate of 0.070. The company issued revenue guidance of $219.5 million-$220.5 million, compared to the consensus revenue estimate of $216.4 million.

Braze Stock Down 3.4%

NASDAQ BRZE traded down $0.87 during trading hours on Wednesday, reaching $24.58. 5,291,357 shares of the company were exchanged, compared to its average volume of 3,149,009. Braze has a 1 year low of $15.26 and a 1 year high of $37.67. The business’s 50 day simple moving average is $21.91 and its 200-day simple moving average is $24.55. The stock has a market capitalization of $2.79 billion, a P/E ratio of -20.15 and a beta of 0.78.

Braze (NASDAQ:BRZE) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. Braze had a negative net margin of 17.78% and a negative return on equity of 18.75%. The business had revenue of $211.00 million during the quarter, compared to the consensus estimate of $205.19 million. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. As a group, sell-side analysts anticipate that Braze will post -0.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Citizens Jmp reiterated a “market outperform” rating and issued a $35.00 target price on shares of Braze in a research note on Wednesday, April 29th. Canaccord Genuity Group reiterated a “buy” rating and issued a $43.00 target price on shares of Braze in a research note on Monday, March 23rd. Piper Sandler reduced their target price on shares of Braze from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Wednesday, March 25th. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 target price on shares of Braze in a research note on Wednesday, March 25th. Finally, Barclays lifted their target price on shares of Braze from $29.00 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Twenty-two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.90.

Insiders Place Their Bets

In related news, General Counsel Susan Wiseman sold 35,000 shares of the company’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $20.29, for a total transaction of $710,150.00. Following the sale, the general counsel owned 209,424 shares of the company’s stock, valued at approximately $4,249,212.96. This represents a 14.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 18.20% of the company’s stock.

Institutional Trading of Braze

Hedge funds and other institutional investors have recently bought and sold shares of the company. Numerai GP LLC bought a new stake in Braze during the 4th quarter worth approximately $272,000. Russell Investments Group Ltd. increased its holdings in 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 during the period. State of Wyoming increased its holdings in Braze by 218.1% during the 2nd quarter. State of Wyoming now owns 9,418 shares of the company’s stock worth $265,000 after acquiring an additional 6,457 shares during the period. CIBC Bancorp USA Inc. bought a new stake in Braze during the 3rd quarter worth approximately $242,000. Finally, Xponance LLC bought a new stake in Braze during the 4th quarter worth approximately $231,000. Institutional investors 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.