Braze (NASDAQ:BRZE) Updates FY 2027 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2027 earnings guidance on Friday. The company provided earnings per share guidance of 0.610-0.650 for the period, compared to the consensus earnings per share estimate of 0.630. The company issued revenue guidance of $895.0 million-$899.0 million, compared to the consensus revenue estimate of $887.2 million.

Wall Street Analysts Forecast Growth

BRZE has been the topic of several recent analyst reports. DA Davidson reissued a “buy” rating and set a $33.00 price objective on shares of Braze in a research note on Thursday. UBS Group reissued an “outperform” rating on shares of Braze in a research note on Thursday. Needham & Company LLC restated a “buy” rating and set a $50.00 price objective on shares of Braze in a report on Wednesday, March 25th. Barclays upped their target price on Braze from $29.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Finally, JPMorgan Chase & Co. raised their price target on Braze from $32.00 to $33.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.05.

Braze Stock Performance

Shares of NASDAQ:BRZE opened at $23.36 on Friday. Braze has a 1-year low of $15.26 and a 1-year high of $37.67. The company’s fifty day moving average is $22.11 and its two-hundred day moving average is $24.50. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of -20.86 and a beta of 0.78.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. Braze had a negative return on equity of 17.33% and a negative net margin of 15.51%.The business had revenue of $211.00 million for the quarter, compared to the consensus estimate of $205.19 million. During the same quarter last year, the business posted $0.07 EPS. The business’s revenue was up 30.2% on a year-over-year basis. Braze has set its Q2 2027 guidance at 0.150-0.160 EPS. Sell-side analysts expect that Braze will post -0.87 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, General Counsel Susan Wiseman sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, April 9th. The stock was 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 $4,249,212.96. The trade was a 14.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 12.50% of the stock is owned by insiders.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Braze received multiple bullish analyst actions after earnings, including Citizens JMP reiterating a Market Outperform rating with a $35 price target, Cantor Fitzgerald reaffirming Overweight with a $38 target, and DA Davidson reiterating Buy with a $33 target. These reports highlight confidence in Braze’s growth outlook. Article Title
• Positive Sentiment: The company raised its fiscal 2027 outlook, guiding EPS to $0.61-$0.65 and revenue to $895 million-$899 million, both above or in line with Wall Street expectations, which supports the case for continued growth. Article Title
• Positive Sentiment: In its latest quarter, Braze reported 30.2% year-over-year revenue growth to $211 million and met EPS expectations, showing that demand for its customer engagement platform remains strong. Article Title
• Neutral Sentiment: Management also emphasized AI-driven momentum and accelerating organic revenue growth on the earnings call, which may help investor sentiment but is not yet enough on its own to offset margin concerns. Article Title
• Negative Sentiment: The stock has also faced selling pressure because profitability metrics were softer than hoped, with investors weighing mixed quarterly margins and the possibility that guidance was not strong enough to fully offset concerns. Article Title
• Negative Sentiment: Braze also disclosed a new currency exchange risk, which could pressure margins and add earnings volatility as it expands globally. Article Title

Institutional Trading of Braze

Hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd grew its holdings in shares of Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock valued at $28,000 after buying an additional 803 shares in the last quarter. Osaic Holdings Inc. boosted its position in Braze by 821.1% during the second quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after purchasing an additional 1,404 shares during the period. Quarry LP bought a new position in shares of Braze in the third quarter valued at approximately $46,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Braze in the fourth quarter valued at about $52,000. Finally, Quantbot Technologies LP bought a new position in Braze in the 3rd quarter worth approximately $163,000. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Braze Company Profile

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.