Braze (BRZE) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Braze (NASDAQ: BRZE) in the last few weeks:

• 3/21/2025 – Braze had its price target lowered by analysts at Wells Fargo & Company from $55.00 to $50.00. They now have an “overweight” rating on the stock.
• 3/20/2025 – Braze had its price target lowered by analysts at Raymond James from $48.00 to $45.00. They now have an “outperform” rating on the stock.
• 3/19/2025 – Braze is now covered by analysts at Stephens. They set an “overweight” rating and a $43.00 price target on the stock.
• 3/18/2025 – Braze was upgraded by analysts at Stephens to a “strong-buy” rating.
• 2/3/2025 – Braze had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $50.00 price target on the stock.

Braze Stock Performance

Shares of BRZE opened at $37.03 on Monday. The company has a 50-day simple moving average of $40.20 and a 200-day simple moving average of $38.00. The firm has a market capitalization of $3.83 billion, a P/E ratio of -32.48 and a beta of 1.17. Braze, Inc. has a 52 week low of $29.18 and a 52 week high of $52.26.

Insider Transactions at Braze

In other Braze news, CEO William Magnuson sold 18,050 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $40.82, for a total value of $736,801.00. Following the transaction, the chief executive officer now directly owns 564,766 shares of the company’s stock, valued at approximately $23,053,748.12. This trade represents a 3.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Phillip M. Fernandez sold 1,500 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $43.13, for a total transaction of $64,695.00. Following the completion of the transaction, the director now directly owns 15,269 shares of the company’s stock, valued at $658,551.97. This trade represents a 8.95 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 89,470 shares of company stock valued at $3,841,921. Corporate insiders own 24.03% of the company’s stock.

Institutional Investors Weigh In On Braze

Institutional investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC lifted its position in Braze by 168.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 646 shares of the company’s stock worth $27,000 after buying an additional 405 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its position in Braze by 9,188.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 836 shares of the company’s stock worth $35,000 after buying an additional 827 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Braze by 8,436.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 939 shares of the company’s stock worth $39,000 after buying an additional 928 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in Braze during the 4th quarter worth about $47,000. Finally, KBC Group NV raised its holdings in shares of Braze by 41.5% in the 3rd quarter. KBC Group NV now owns 2,097 shares of the company’s stock valued at $68,000 after purchasing an additional 615 shares during the period. 90.47% of the stock is owned by institutional investors.

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.