Braze (NASDAQ:BRZE – Get Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.00-$(0.01) for the period, compared to the consensus earnings per share estimate of ($0.02). The company issued revenue guidance of $147.5-$148.5 million, compared to the consensus revenue estimate of $148.02 million. Braze also updated its FY 2025 guidance to 0.060-0.070 EPS.
Braze Stock Performance
Shares of NASDAQ BRZE opened at $35.57 on Friday. The company has a 50 day simple moving average of $41.21 and a two-hundred day simple moving average of $43.01. Braze has a fifty-two week low of $33.93 and a fifty-two week high of $61.53. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of -27.79 and a beta of 1.07.
Braze (NASDAQ:BRZE – Get Free Report) last issued its quarterly earnings results on Thursday, September 5th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.12. Braze had a negative return on equity of 27.85% and a negative net margin of 25.06%. The firm had revenue of $145.50 million during the quarter, compared to the consensus estimate of $141.32 million. During the same period last year, the company earned ($0.30) earnings per share. The company’s revenue was up 26.4% on a year-over-year basis. On average, analysts forecast that Braze will post -1.21 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on Braze
Insider Buying and Selling
In other news, CAO Pankaj Malik sold 2,618 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $35.23, for a total value of $92,232.14. Following the completion of the transaction, the chief accounting officer now owns 76,623 shares of the company’s stock, valued at $2,699,428.29. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, CAO Pankaj Malik sold 2,618 shares of the company’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $35.23, for a total transaction of $92,232.14. Following the completion of the transaction, the chief accounting officer now owns 76,623 shares in the company, valued at $2,699,428.29. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO William Magnuson sold 17,840 shares of Braze stock in a transaction on Friday, August 16th. The shares were sold at an average price of $41.37, for a total transaction of $738,040.80. Following the completion of the sale, the chief executive officer now owns 600,749 shares in the company, valued at $24,852,986.13. The disclosure for this sale can be found here. In the last quarter, insiders sold 187,898 shares of company stock valued at $8,081,257. Company 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.
Featured Articles
- Five stocks we like better than Braze
- Conference Calls and Individual Investors
- Is Merck Stock Undervalued After Its Colossal Earnings Growth?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Top 5 ETFs for Every Investor: From Semiconductors to Defense
- Financial Services Stocks Investing
- Blade Air Mobility: This Under-the-Radar Stock Could Double Soon
Receive News & Ratings for Braze Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braze and related companies with MarketBeat.com's FREE daily email newsletter.