Citigroup Cuts Braze (NASDAQ:BRZE) Price Target to $48.00

Posted by Tammy Falkenburg on May 29th, 2026

Braze (NASDAQ:BRZE – Get Free Report) had its price target reduced by Citigroup from $49.00 to $48.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s target price suggests a potential upside of 90.63% from the company’s current price.

Several other analysts also recently issued reports on the company. Mizuho cut their price target on Braze from $40.00 to $32.00 and set an “outperform” rating on the stock in a report on Thursday. Oppenheimer cut their price target on Braze from $40.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, March 25th. The Goldman Sachs Group cut their price target on Braze from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. DA Davidson reissued a “buy” rating and issued a $33.00 price target on shares of Braze in a report on Thursday. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $38.00 price target on shares of Braze in a report on Thursday. Twenty-two 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.14.

Read Our Latest Stock Analysis on Braze

Braze Stock Up 7.8%

Shares of BRZE traded up $1.82 during mid-day trading on Friday, hitting $25.18. The stock had a trading volume of 1,332,097 shares, compared to its average volume of 3,191,182. The company has a market cap of $2.86 billion, a PE ratio of -22.48 and a beta of 0.78. The company’s fifty day simple moving average is $22.11 and its two-hundred day simple moving average is $24.50. Braze has a fifty-two week low of $15.26 and a fifty-two week high of $37.67.

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

Insiders Place Their Bets

In other Braze news, General Counsel Susan Wiseman sold 35,000 shares of Braze stock in a transaction 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 12.50% of the stock is owned by insiders.

Institutional Trading of Braze

Hedge funds and other institutional investors have recently modified their holdings of the company. Alyeska Investment Group L.P. grew its holdings in shares of Braze by 592.4% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,105,024 shares of the company’s stock worth $72,181,000 after acquiring an additional 1,801,019 shares during the last quarter. Barclays PLC grew its holdings in shares of Braze by 443.0% in the 3rd quarter. Barclays PLC now owns 1,404,395 shares of the company’s stock worth $39,941,000 after acquiring an additional 1,145,748 shares during the last quarter. UBS Group AG grew its holdings in shares of Braze by 421.1% in the 3rd quarter. UBS Group AG now owns 1,279,678 shares of the company’s stock worth $36,394,000 after acquiring an additional 1,034,087 shares during the last quarter. Battery Management CORP. grew its holdings in shares of Braze by 70.2% in the 3rd quarter. Battery Management CORP. now owns 2,425,000 shares of the company’s stock worth $68,967,000 after acquiring an additional 1,000,000 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Braze by 238.2% in the 3rd quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock worth $38,429,000 after acquiring an additional 951,674 shares during the last quarter. Institutional investors own 90.47% of the company’s stock.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

Positive Sentiment: Citizens JMP reiterated an Market Outperform rating on Braze and set a $35 price target, signaling meaningful upside from recent trading levels. Braze (NASDAQ:BRZE) Receives Market Outperform Rating from Citizens Jmp
Positive Sentiment: Cantor Fitzgerald reaffirmed its Overweight rating and raised its target to $38, while DA Davidson also reiterated Buy with a $33 target, adding to bullish sentiment around the name. Braze’s (BRZE) Overweight Rating Reaffirmed at Cantor Fitzgerald Braze (NASDAQ:BRZE) Receives “Buy” Rating from DA Davidson
Positive Sentiment: Braze reported Q1 revenue of $211 million, ahead of estimates, with revenue up about 30% year over year and EPS meeting expectations, reinforcing the company’s growth story. Braze Delivers Fourth Straight Quarter of Organic Revenue Growth Acceleration
Positive Sentiment: Management also raised FY2027 guidance, with revenue outlook above consensus and Q2 EPS guidance well above expectations, which supports the stock’s rebound thesis. Braze raises FY 2027 revenue outlook…
Neutral Sentiment: A Zacks comparison piece on Braze versus StoneCo is more valuation-oriented and is unlikely to be a major short-term driver by itself. STNE vs. BRZE: Which Stock Is the Better Value Option?
Negative Sentiment: Some coverage highlighted pressure on margins, and a newly disclosed currency-exchange risk could add earnings volatility as Braze expands globally. Braze’s Growing Currency Risk…
Negative Sentiment: Investors also appear cautious after the post-earnings selloff, which was tied to mixed margin performance and the company’s CFO transition. Braze shares slide as investors weigh mixed quarterly margins despite raised outlook

Braze Company Profile

(Get Free Report)

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.