Braze (NASDAQ:BRZE) Issues FY26 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY26 earnings guidance on Thursday. The company provided EPS guidance of $0.31-$0.35 for the period, compared to the consensus EPS 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 Q1 guidance to $0.04-$0.05 EPS.

Braze Trading Down 1.7 %

Shares of BRZE stock traded down $0.63 during trading hours on Thursday, reaching $36.70. The company’s stock had a trading volume of 2,179,451 shares, compared to its average volume of 1,127,796. The stock has a market capitalization of $3.80 billion, a P/E ratio of -32.19 and a beta of 1.17. The firm’s fifty day simple moving average is $39.94 and its 200 day simple moving average is $37.98. Braze has a one year low of $29.18 and a one year high of $50.84.

Analyst Ratings Changes

BRZE has been the topic of several research analyst reports. William Blair reiterated an “outperform” rating on shares of Braze in a research report on Thursday, December 19th. Citigroup increased their target price on Braze from $47.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Oppenheimer restated an “outperform” rating and set a $51.00 price target on shares of Braze in a research report on Tuesday, December 10th. Macquarie increased their price objective on Braze from $30.00 to $39.00 and gave the stock a “neutral” rating in a report on Wednesday, December 11th. Finally, Wells Fargo & Company dropped their target price on shares of Braze from $55.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, March 21st. One 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, the stock presently has a consensus rating of “Buy” and a consensus target price of $52.05.

Insider Activity at Braze

In other Braze news, CAO Pankaj Malik sold 3,700 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $45.77, for a total value of $169,349.00. Following the transaction, the chief accounting officer now directly owns 54,784 shares of the company’s stock, valued at approximately $2,507,463.68. This trade represents a 6.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Myles Kleeger sold 10,000 shares of the 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 transaction, the insider now 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. Insiders have sold a total of 89,470 shares of company stock worth $3,841,921 over the last quarter. 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.