Braze (NASDAQ:BRZE) Issues Q1 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.04-$0.05 for the period, compared to the consensus earnings per share estimate of $0.03. The company issued revenue guidance of $158.0-$159.0 million, compared to the consensus revenue estimate of $158.44 million. Braze also updated its FY 2026 guidance to 0.310-0.350 EPS.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $55.00 target price (up from $50.00) on shares of Braze in a research note on Friday. Stifel Nicolaus set a $50.00 price objective on shares of Braze and gave the stock a “buy” rating in a report on Friday. Canaccord Genuity Group increased their target price on Braze from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Friday. Macquarie raised their price target on Braze from $30.00 to $39.00 and gave the company a “neutral” rating in a research report on Wednesday, December 11th. Finally, Oppenheimer reiterated an “outperform” rating and set a $51.00 price objective on shares of Braze in a research report on Tuesday, December 10th. One analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Braze has a consensus rating of “Buy” and an average target price of $53.00.

Braze Stock Performance

Shares of BRZE stock opened at $37.51 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 $3.88 billion, a P/E ratio of -32.90 and a beta of 1.17. The business’s 50 day moving average price is $39.66 and its 200-day moving average price is $37.98.

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

Insiders Place Their Bets

In related news, General Counsel Susan Wiseman sold 3,486 shares of the stock in a transaction dated 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. This trade represents a 1.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Phillip M. Fernandez sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was 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 in the company, valued at $658,551.97. The trade was a 8.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 89,470 shares of company stock worth $3,841,921 over the last three months. 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.