The Goldman Sachs Group Issues Pessimistic Forecast for Braze (NASDAQ:BRZE) Stock Price

Braze (NASDAQ:BRZE) had its price objective reduced by stock analysts at The Goldman Sachs Group from $45.00 to $40.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s price target points to a potential upside of 86.23% from the company’s current price.

Several other equities research analysts also recently issued reports on BRZE. Citigroup raised their price objective on shares of Braze from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Mizuho reduced their price target on shares of Braze from $50.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday. Piper Sandler dropped their price objective on shares of Braze from $30.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday. Stifel Nicolaus decreased their target price on Braze from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price target on shares of Braze in a report on Wednesday. Twenty-two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $37.00.

Braze Price Performance

Shares of NASDAQ BRZE traded up $3.46 during trading hours on Wednesday, hitting $21.48. 7,019,129 shares of the company’s stock were exchanged, compared to its average volume of 3,042,169. The company’s 50-day moving average price is $19.95 and its 200-day moving average price is $26.57. Braze has a 1-year low of $15.26 and a 1-year high of $43.89. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of -19.55 and a beta of 1.08.

Braze (NASDAQ:BRZE) last released its earnings results on Tuesday, March 24th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Braze had a negative net margin of 16.85% and a negative return on equity of 17.87%. The business had revenue of $205.17 million during the quarter, compared to analyst estimates of $198.23 million. During the same period last year, the business earned $0.12 EPS. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. On average, research analysts expect that Braze will post -0.98 earnings per share for the current year.

Insider Buying and Selling at Braze

In other news, General Counsel Susan Wiseman sold 4,167 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $17.03, for a total transaction of $70,964.01. Following the sale, the general counsel directly owned 209,864 shares of the company’s stock, valued at $3,573,983.92. This represents a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Pankaj Malik sold 2,893 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total transaction of $48,978.49. Following the completion of the transaction, the chief accounting officer owned 50,679 shares of the company’s stock, valued at $857,995.47. This trade represents a 5.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 60,676 shares of company stock worth $1,027,661 over the last 90 days. Company insiders own 18.20% of the company’s stock.

Hedge Funds Weigh In On Braze

Several large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Braze by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,224 shares of the company’s stock worth $1,415,000 after purchasing an additional 1,700 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Braze by 18.8% in the 1st quarter. Intech Investment Management LLC now owns 40,281 shares of the company’s stock valued at $1,453,000 after purchasing an additional 6,379 shares during the last quarter. Police & Firemen s Retirement System of New Jersey boosted its stake in shares of Braze by 24.0% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 17,464 shares of the company’s stock valued at $491,000 after purchasing an additional 3,384 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Braze by 17.9% during the 2nd quarter. SG Americas Securities LLC now owns 14,857 shares of the company’s stock worth $417,000 after buying an additional 2,253 shares during the period. Finally, Magnetar Financial LLC bought a new stake in shares of Braze during the second quarter worth approximately $331,000. Institutional investors and hedge funds own 90.47% of the company’s stock.

Key Stories Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Q4 revenue beat and upbeat call: Braze reported revenue of $205.2M (≈+27.9% Y/Y) and management emphasized AI-driven engagement momentum and a strong outlook, which traders interpreted as constructive for growth and margin leverage. Business Wire: Q4 Results
• Positive Sentiment: Analyst support remains: Several firms reaffirmed buy/overweight ratings or raised targets (JPMorgan raised its target to $33; Cantor Fitzgerald reaffirmed overweight $38; Barclays nudged its PT to $31; Needham/Canaccord issued buy ratings), signaling continued Wall Street confidence despite mixed data. Benzinga: Analyst Notes
• Positive Sentiment: Unusual options activity: Large call buying (≈8,070 calls, ~92% above average) shows aggressive bullish positioning by traders ahead of/after the print, adding short-term upside pressure.
• Neutral Sentiment: Street commentary and analysis are mixed-but-constructive: Coverage pieces highlight resilient execution and argue AI concerns may be overblown, supporting a longer-term bullish thesis while acknowledging near-term macro/valuation risks. Seeking Alpha: Bullish Take
• Negative Sentiment: EPS miss and valuation trims: Braze missed consensus EPS ($0.10 vs. ~$0.14), and several firms cut price targets (UBS to $28, Stifel to $35, Oppenheimer to $30, Mizuho trimmed its prior PT) — indicating analysts reduced multiples even while keeping constructive ratings. Benzinga: PT Changes

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.