Braze (NASDAQ:BRZE) Trading Up 6.4% – Here’s Why

15 May 2026, 14:49 by Doug Wharley · The Cerbat Gem

Braze, Inc. (NASDAQ:BRZE – Get Free Report) shares were up 6.4% on Friday . The stock traded as high as $20.97 and last traded at $21.1410. Approximately 608,786 shares changed hands during trading, a decline of 80% from the average daily volume of 3,121,196 shares. The stock had previously closed at $19.87.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BRZE. Citigroup lowered their price target on Braze from $53.00 to $46.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. DA Davidson dropped their target price on shares of Braze from $42.00 to $30.00 and set a “buy” rating for the company in a report on Friday, March 20th. BTIG Research restated a “buy” rating and issued a $30.00 price objective on shares of Braze in a research report on Friday, April 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 target price on shares of Braze in a research note on Wednesday, March 25th. Finally, The Goldman Sachs Group decreased their price target on Braze from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Twenty-two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Braze currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.90.

View Our Latest Stock Analysis on Braze

Braze Trading Up 5.3%

The firm has a market capitalization of $2.37 billion, a PE ratio of -17.16 and a beta of 0.78. The business’s 50 day simple moving average is $21.33 and its two-hundred day simple moving average is $24.82.

Braze (NASDAQ:BRZE – Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Braze had a negative net margin of 17.78% and a negative return on equity of 18.75%. The firm had revenue of $205.17 million for the quarter, compared to analysts’ expectations of $198.23 million. During the same quarter last year, the company posted $0.12 EPS. The firm’s revenue was up 27.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Braze, Inc. will post -0.87 earnings per share for the current year.

Insider Buying and Selling at Braze

In other news, General Counsel Susan Wiseman sold 35,000 shares of the business’s stock in a transaction 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 completion of 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 SEC, which is available at this link. Also, CAO Pankaj Malik sold 2,893 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $48,978.49. Following the completion of the sale, the chief accounting officer owned 50,679 shares of the company’s stock, valued at $857,995.47. This trade represents a 5.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 95,676 shares of company stock valued at $1,737,811 in the last quarter. Insiders own 18.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Alyeska Investment Group L.P. raised its stake in Braze by 592.4% during 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 period. Barclays PLC lifted its stake in shares of Braze by 443.0% during the 3rd quarter. Barclays PLC now owns 1,404,395 shares of the company’s stock valued at $39,941,000 after buying an additional 1,145,748 shares in the last quarter. UBS Group AG boosted its holdings in 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 buying an additional 1,034,087 shares during the period. Battery Management CORP. increased its stake in 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 buying an additional 1,000,000 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Braze by 238.2% during the third quarter. Bank of America Corp DE now owns 1,351,227 shares of the company’s stock valued at $38,429,000 after acquiring an additional 951,674 shares during the period. 90.47% of the stock is currently owned by institutional investors.

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.