Braze (NASDAQ:BRZE) Updates FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.310-0.350 for the period, compared to the consensus EPS estimate of 0.290. The company issued revenue guidance of $686.0 million-$691.0 million, compared to the consensus revenue estimate of $688.2 million. Braze also updated its FY26 guidance to $0.31-$0.35 EPS.

Braze Trading Down 1.7 %

BRZE stock traded down $0.63 during trading on Thursday, reaching $36.70. 2,218,992 shares of the stock were exchanged, compared to its average volume of 1,127,919. The business has a 50 day moving average price of $39.94 and a 200-day moving average price of $37.98. Braze has a 1 year low of $29.18 and a 1 year high of $50.84. The firm has a market capitalization of $3.80 billion, a price-to-earnings ratio of -32.19 and a beta of 1.17.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BRZE shares. Raymond James lowered their price objective on Braze from $48.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, March 20th. Needham & Company LLC reissued a “buy” rating and set a $50.00 price objective on shares of Braze in a research report on Monday, February 3rd. Canaccord Genuity Group set a $45.00 target price on shares of Braze in a research report on Wednesday. Oppenheimer reiterated an “outperform” rating and set a $51.00 price target on shares of Braze in a research report on Tuesday, December 10th. Finally, Wells Fargo & Company decreased their price objective 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 given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $52.05.

Insider Buying and Selling

In related news, General Counsel Susan Wiseman sold 3,486 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was 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 of the company’s stock, valued at $7,288,002.18. This represents a 1.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Myles Kleeger sold 8,365 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $40.12, for a total transaction of $335,603.80. Following the sale, the insider now directly owns 168,882 shares in the company, valued at approximately $6,775,545.84. The trade was a 4.72 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 89,470 shares of company stock worth $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.