Braze (NASDAQ:BRZE) Updates FY26 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY26 earnings guidance on Thursday. The company provided earnings per share guidance of $0.31-$0.35 for the period, compared to the consensus earnings per share estimate of $0.28. The company issued revenue guidance of $686-$691 million, compared to the consensus revenue estimate of $688.16 million. Braze also updated its FY 2026 guidance to 0.310-0.350 EPS.

Braze Stock Performance

NASDAQ:BRZE opened at $36.70 on Friday. Braze has a fifty-two week low of $29.18 and a fifty-two week high of $48.33. The firm has a market cap of $3.80 billion, a PE ratio of -32.19 and a beta of 1.17. The business has a 50 day moving average price of $39.80 and a 200-day moving average price of $37.97.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Thursday, March 27th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.07. The business had revenue of $160.40 million for the quarter, compared to analyst estimates of $155.72 million. Braze had a negative net margin of 20.41% and a negative return on equity of 24.88%. The company’s revenue was up 22.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) EPS. Research analysts predict that Braze will post -0.98 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 target price on shares of Braze in a research report on Friday. Wells Fargo & Company reaffirmed an “overweight” rating on shares of Braze in a research report on Friday. Raymond James reduced their target price on Braze from $48.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, March 20th. Macquarie raised their target price on Braze from $30.00 to $39.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. Finally, Piper Sandler upped their price target on Braze from $40.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. One analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Braze presently has an average rating of “Buy” and a consensus target price of $52.40.

Insider Transactions at Braze

In related news, General Counsel Susan Wiseman sold 3,486 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $40.02, for a total value of $139,509.72. Following the completion of the transaction, the general counsel now directly owns 182,109 shares in the company, valued at $7,288,002.18. The trade was a 1.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Jonathan Hyman sold 5,210 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $40.82, for a total value of $212,672.20. Following the sale, the chief technology officer now owns 157,810 shares in the company, valued at approximately $6,441,804.20. This represents a 3.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 89,470 shares of company stock worth $3,841,921. Corporate insiders own 24.03% of the company’s stock.

About Braze

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.