DA Davidson Cuts Braze (NASDAQ:BRZE) Price Target to $50.00

Braze (NASDAQ:BRZE) had its price target trimmed by DA Davidson from $55.00 to $50.00 in a research note released on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the stock. DA Davidson also issued estimates for Braze’s Q4 2025 earnings at ($0.23) EPS, FY2025 earnings at ($0.98) EPS and FY2026 earnings at ($0.91) EPS.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. lowered their price objective on shares of Braze from $55.00 to $47.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. JMP Securities reaffirmed a “market outperform” rating and set a $68.00 price objective on shares of Braze in a research report on Tuesday, September 24th. The Goldman Sachs Group decreased their target price on Braze from $65.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. Oppenheimer reaffirmed an “outperform” rating and set a $51.00 price target on shares of Braze in a research report on Tuesday. Finally, Wells Fargo & Company reduced their target price on Braze from $65.00 to $55.00 and set an “overweight” rating on the stock in a report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $53.74.

Braze Price Performance

Braze stock opened at $42.01 on Tuesday. Braze has a fifty-two week low of $29.18 and a fifty-two week high of $61.53. The firm has a market capitalization of $4.32 billion, a price-to-earnings ratio of -36.85 and a beta of 1.15. The company’s 50 day simple moving average is $34.90 and its 200 day simple moving average is $37.32.

Insiders Place Their Bets

In other news, major shareholder Roger H. Lee sold 56,830 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $30.27, for a total value of $1,720,244.10. Following the completion of the sale, the insider now directly owns 56,830 shares in the company, valued at $1,720,244.10. The trade was a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Fernando Machado sold 1,377 shares of the stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $30.65, for a total transaction of $42,205.05. Following the completion of the sale, the director now owns 8,937 shares of the company’s stock, valued at $273,919.05. This trade represents a 13.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 113,979 shares of company stock worth $3,688,914 in the last ninety days. 24.03% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BRZE. Quarry LP purchased a new stake in shares of Braze in the 2nd quarter valued at approximately $50,000. Comerica Bank lifted its stake in Braze by 29.4% during the first quarter. Comerica Bank now owns 1,216 shares of the company’s stock worth $54,000 after purchasing an additional 276 shares in the last quarter. KBC Group NV boosted its position in shares of Braze by 41.5% during the third quarter. KBC Group NV now owns 2,097 shares of the company’s stock worth $68,000 after buying an additional 615 shares during the period. Amalgamated Bank raised its holdings in shares of Braze by 18.9% in the 3rd quarter. Amalgamated Bank now owns 2,253 shares of the company’s stock valued at $73,000 after buying an additional 358 shares during the period. Finally, Canton Hathaway LLC lifted its stake in Braze by 149.9% during the 2nd quarter. Canton Hathaway LLC now owns 1,979 shares of the company’s stock worth $77,000 after acquiring an additional 1,187 shares in the last quarter. Institutional investors and hedge funds own 90.47% 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.