Braze (NASDAQ:BRZE) Releases FY 2025 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.060-0.070 for the period, compared to the consensus estimate of -0.070. The company issued revenue guidance of $582.5 million-$585.5 million, compared to the consensus revenue estimate of $579.9 million. Braze also updated its FY25 guidance to $0.06-$0.07 EPS.

Braze Price Performance

NASDAQ BRZE traded down $8.56 during trading hours on Friday, reaching $35.57. 4,661,186 shares of the stock traded hands, compared to its average volume of 952,514. The stock has a 50 day simple moving average of $41.21 and a two-hundred day simple moving average of $43.01. Braze has a 1 year low of $33.93 and a 1 year high of $61.53. The company has a market cap of $3.61 billion, a price-to-earnings ratio of -27.79 and a beta of 1.07.

Braze (NASDAQ:BRZE) last issued its earnings results on Thursday, September 5th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.12. The business had revenue of $145.50 million during the quarter, compared to analyst estimates of $141.32 million. Braze had a negative return on equity of 27.85% and a negative net margin of 25.06%. Braze’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.30) earnings per share. On average, sell-side analysts forecast that Braze will post -1.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BRZE has been the subject of several analyst reports. JMP Securities restated a market outperform rating and set a $68.00 price target on shares of Braze in a research report on Friday. Raymond James reduced their price target on Braze from $65.00 to $55.00 and set an outperform rating on the stock in a research report on Friday, June 7th. Scotiabank upgraded Braze from a sector perform rating to a sector outperform rating and boosted their price objective for the company from $48.00 to $56.00 in a research report on Wednesday, July 10th. BTIG Research cut their target price on shares of Braze from $68.00 to $62.00 and set a buy rating on the stock in a report on Friday, May 31st. Finally, Oppenheimer reiterated an outperform rating and set a $60.00 price target on shares of Braze in a report on Wednesday, June 12th. Seventeen investment analysts have rated the stock with a buy rating, According to MarketBeat, Braze presently has an average rating of Buy and a consensus price target of $60.50.

Insider Activity at Braze

In related news, CFO Isabelle Winkles sold 4,500 shares of the company’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $39.06, for a total value of $175,770.00. Following the completion of the transaction, the chief financial officer now owns 242,627 shares of the company’s stock, valued at approximately $9,477,010.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CAO Pankaj Malik sold 1,381 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $41.12, for a total value of $56,786.72. Following the transaction, the chief accounting officer now directly owns 72,980 shares of the company’s stock, valued at approximately $3,000,937.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Isabelle Winkles sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $39.06, for a total value of $175,770.00. Following the completion of the transaction, the chief financial officer now owns 242,627 shares of the company’s stock, valued at $9,477,010.62. The disclosure for this sale can be found here. Insiders sold 187,898 shares of company stock valued at $8,081,257 over the last 90 days. Corporate insiders own 24.03% of the company’s stock.

Braze Company Profile

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.