Weekly Investment Analysts’ Ratings Changes for Braze (BRZE)
by Scott Moore · The Cerbat GemSeveral analysts have recently updated their ratings and price targets for Braze (NASDAQ: BRZE):
- 3/28/2025 – Braze was given a new $50.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
- 3/28/2025 – Braze had its “overweight” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $55.00 price target on the stock, up previously from $50.00.
- 3/28/2025 – Braze had its price target raised by analysts at Raymond James from $45.00 to $48.00. They now have an “outperform” rating on the stock.
- 3/28/2025 – Braze had its price target raised by analysts at Citigroup Inc. from $50.00 to $55.00. They now have a “buy” rating on the stock.
- 3/28/2025 – Braze had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $50.00 price target on the stock.
- 3/28/2025 – Braze had its price target raised by analysts at Canaccord Genuity Group Inc. from $45.00 to $50.00. They now have a “buy” rating on the stock.
- 3/26/2025 – Braze was given a new $45.00 price target on by analysts at Canaccord Genuity Group Inc..
- 3/26/2025 – Braze had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $50.00 price target on the stock.
- 3/21/2025 – Braze had its price target lowered by analysts at Wells Fargo & Company from $55.00 to $50.00. They now have an “overweight” rating on the stock.
- 3/20/2025 – Braze had its price target lowered by analysts at Raymond James from $48.00 to $45.00. They now have an “outperform” rating on the stock.
- 3/19/2025 – Braze is now covered by analysts at Stephens. They set an “overweight” rating and a $43.00 price target on the stock.
- 3/18/2025 – Braze was upgraded by analysts at Stephens to a “strong-buy” rating.
Braze Stock Performance
Braze stock traded down $1.91 during midday trading on Friday, hitting $28.47. 1,014,249 shares of the company’s stock were exchanged, compared to its average volume of 1,216,531. The firm’s 50 day simple moving average is $36.88 and its 200 day simple moving average is $37.80. Braze, Inc. has a 12-month low of $27.77 and a 12-month high of $48.33. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of -24.97 and a beta of 1.13.
Braze (NASDAQ:BRZE – Get Free Report) last issued its quarterly earnings results on Thursday, March 27th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.07. Braze had a negative return on equity of 24.88% and a negative net margin of 20.41%. The firm had revenue of $160.40 million for the quarter, compared to analysts’ expectations of $155.72 million. During the same quarter in the previous year, the firm posted ($0.04) EPS. The firm’s revenue for the quarter was up 22.4% on a year-over-year basis. On average, equities research analysts forecast that Braze, Inc. will post -0.98 EPS for the current fiscal year.
Insider Transactions at Braze
In other Braze news, Director Phillip M. Fernandez sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $43.13, for a total transaction of $64,695.00. Following the sale, the director now directly owns 15,269 shares of the company’s stock, valued at $658,551.97. This trade represents a 8.95 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Susan Wiseman sold 4,167 shares of the stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $30.98, for a total transaction of $129,093.66. Following the transaction, the general counsel now owns 248,999 shares in the company, valued at approximately $7,713,989.02. The trade was a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 67,437 shares of company stock worth $2,772,276. Company insiders own 24.03% of the company’s stock.
Institutional Trading of Braze
Institutional investors have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV raised its holdings in Braze by 2.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,340 shares of the company’s stock valued at $559,000 after buying an additional 316 shares during the period. Harbor Capital Advisors Inc. grew its stake in Braze by 3.3% in the fourth quarter. Harbor Capital Advisors Inc. now owns 10,828 shares of the company’s stock worth $453,000 after purchasing an additional 346 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Braze by 168.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 646 shares of the company’s stock valued at $27,000 after buying an additional 405 shares during the last quarter. Aster Capital Management DIFC Ltd raised its stake in Braze by 9,188.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 836 shares of the company’s stock valued at $35,000 after buying an additional 827 shares in the last quarter. Finally, KBC Group NV lifted its stake in Braze by 39.7% during the fourth quarter. KBC Group NV now owns 2,929 shares of the company’s stock worth $123,000 after purchasing an additional 832 shares during the last quarter. 90.47% of the stock is owned by hedge funds and other institutional investors.
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.
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