Braze (NASDAQ:BRZE) Reaches New 1-Year Low – What’s Next?

Braze, Inc. (NASDAQ:BRZE) hit a new 52-week low on Thursday . The company traded as low as $21.92 and last traded at $22.0130, with a volume of 912966 shares trading hands. The stock had previously closed at $23.77.

Wall Street Analyst Weigh In

BRZE has been the subject of several research analyst reports. Wells Fargo & Company increased their target price on Braze from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. Stifel Nicolaus increased their price objective on shares of Braze from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Barclays raised their price objective on shares of Braze from $39.00 to $45.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th. Oppenheimer restated an “outperform” rating and issued a $40.00 target price on shares of Braze in a research note on Wednesday, December 10th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $38.00 price target on shares of Braze in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.62.

Braze Trading Down 4.5%

The stock’s 50-day moving average price is $30.10 and its 200-day moving average price is $28.79. The company has a market capitalization of $2.34 billion, a P/E ratio of -18.93 and a beta of 1.08.

Braze (NASDAQ:BRZE) last released its quarterly earnings data on Tuesday, December 9th. The company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. Braze had a negative net margin of 16.85% and a negative return on equity of 17.87%. The firm had revenue of $190.84 million for the quarter, compared to analyst estimates of $198.25 million. During the same quarter in the prior year, the business earned $0.02 earnings per share. Braze’s quarterly revenue was up 25.5% on a year-over-year basis. Braze has set its FY 2026 guidance at 0.420-0.430 EPS and its Q4 2026 guidance at 0.130-0.140 EPS. Sell-side analysts expect that Braze, Inc. will post -0.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Braze

In related news, General Counsel Susan Wiseman sold 5,474 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $26.64, for a total transaction of $145,827.36. Following the completion of the transaction, the general counsel directly owned 224,250 shares in the company, valued at $5,974,020. This represents a 2.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO William Magnuson sold 26,698 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $26.64, for a total value of $711,234.72. Following the completion of the sale, the chief executive officer owned 694,746 shares in the company, valued at $18,508,033.44. The trade was a 3.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 69,923 shares of company stock worth $1,917,418. 18.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. NBC Securities Inc. bought a new stake in shares of Braze during the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. raised its stake in Braze by 173.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,372 shares of the company’s stock valued at $39,000 after acquiring an additional 870 shares in the last quarter. Osaic Holdings Inc. boosted its position in Braze by 821.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock worth $44,000 after acquiring an additional 1,404 shares during the period. Quarry LP bought a new position in shares of Braze in the third quarter worth $46,000. Finally, Clearstead Advisors LLC grew its stake in shares of Braze by 58.2% in the third quarter. Clearstead Advisors LLC now owns 1,685 shares of the company’s stock worth $48,000 after purchasing an additional 620 shares in the last quarter. 90.47% of the stock is owned by institutional investors and hedge funds.

About Braze

Braze, Inc is a publicly traded software company (NASDAQ: BRZE) that offers a customer engagement platform designed to help brands build personalized relationships with their users. Founded in 2011 as Appboy by Bill Magnuson, Jon Hyman and Mark Ghermezian, the company adopted the Braze name in 2017 to underscore its focus on fostering strong connections between businesses and consumers. Its cloud-based platform consolidates messaging channels including push notifications, in-app messages, email and SMS, enabling companies to deliver timely, context-driven communications at scale.

The core functionality of Braze’s platform centers on data-driven segmentation, customer journey orchestration and real-time analytics.