Braze (NASDAQ:BRZE) Releases 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 FY26 guidance to $0.31-$0.35 EPS.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on BRZE shares. DA Davidson reaffirmed a “buy” rating and set a $50.00 price target on shares of Braze in a report on Wednesday. Oppenheimer reaffirmed an “outperform” rating and issued a $51.00 target price on shares of Braze in a report on Tuesday, December 10th. Citigroup upped their price objective on Braze from $47.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Stephens began coverage on Braze in a research report on Wednesday, March 19th. They issued an “overweight” rating and a $43.00 target price on the stock. Finally, Stifel Nicolaus increased their target price on shares of Braze from $37.00 to $48.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Braze currently has a consensus rating of “Buy” and a consensus target price of $52.05.

Braze Price Performance

Shares of BRZE stock traded down $0.63 on Thursday, reaching $36.70. 2,149,239 shares of the company were exchanged, compared to its average volume of 1,127,757. Braze has a one year low of $29.18 and a one year high of $50.84. The company has a 50-day moving average of $39.94 and a 200-day moving average of $37.98. The company has a market cap of $3.80 billion, a price-to-earnings ratio of -32.19 and a beta of 1.17.

Insider Buying and Selling at Braze

In related news, CEO William Magnuson sold 18,050 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $40.82, for a total transaction of $736,801.00. Following the completion of the transaction, the chief executive officer now owns 564,766 shares in the company, valued at approximately $23,053,748.12. This represents a 3.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Myles Kleeger sold 10,000 shares of Braze stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $45.43, for a total transaction of $454,300.00. Following the completion of the sale, the insider now directly owns 184,396 shares in the company, valued at $8,377,110.28. This trade represents a 5.14 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,470 shares of company stock valued at $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.