Braze’s (BRZE) Market Outperform Rating Reiterated at Citizens Jmp

Citizens Jmp restated their market outperform rating on shares of Braze (NASDAQ:BRZE) in a report issued on Wednesday morning,Benzinga reports. They currently have a $35.00 price objective on the stock.

A number of other research firms have also recently issued reports on BRZE. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $38.00 price target on shares of Braze in a report on Thursday, May 28th. The Goldman Sachs Group set a $34.00 price objective on shares of Braze and gave the company a “buy” rating in a report on Wednesday, June 24th. TD Cowen upped their target price on Braze from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Mizuho set a $52.00 target price on Braze in a research note on Wednesday. Finally, Oppenheimer lifted their price target on Braze from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Twenty equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $38.21.

Braze Stock Performance

BRZE opened at $23.94 on Wednesday. The company has a market cap of $2.70 billion, a P/E ratio of -23.24 and a beta of 0.88. The company has a quick ratio of 1.24, a current ratio of 1.27 and a debt-to-equity ratio of 0.02. The firm’s 50-day moving average price is $27.60 and its 200-day moving average price is $23.64. Braze has a 52-week low of $15.26 and a 52-week high of $37.33.

Braze (NASDAQ:BRZE) last released its earnings results on Tuesday, September 8th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. The company had revenue of $227.23 million during the quarter, compared to analysts’ expectations of $220.27 million. Braze had a negative net margin of 13.55% and a negative return on equity of 16.11%. Braze’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same period last year, the business earned $0.15 EPS. Braze has set its FY 2027 guidance at 0.640-0.650 EPS and its Q3 2027 guidance at 0.130-0.140 EPS. As a group, equities analysts anticipate that Braze will post -0.77 EPS for the current fiscal year.

Insider Activity

In related news, CRO Edward M. Mcdonnell sold 29,732 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $31.38, for a total transaction of $932,990.16. Following the completion of the transaction, the executive owned 409,630 shares of the company’s stock, valued at $12,854,189.40. This trade represents a 6.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Astha Malik sold 15,724 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $29.57, for a total transaction of $464,958.68. Following the transaction, the insider owned 326,233 shares of the company’s stock, valued at $9,646,709.81. This represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 203,568 shares of company stock valued at $6,096,461 in the last ninety days. Insiders own 12.50% of the company’s stock.

Institutional Investors Weigh In On Braze

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BRZE. Fifth Third Bancorp acquired a new position in shares of Braze in the 1st quarter valued at about $27,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Braze by 3,650.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after buying an additional 803 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in Braze during the second quarter worth about $36,000. Osaic Holdings Inc. grew its holdings in Braze by 821.1% during the second 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. Finally, Quarry LP purchased a new position in Braze during the third quarter valued at approximately $46,000. 90.47% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Braze

Here are the key news stories impacting Braze this week:

• Positive Sentiment: Analyst support remains strong. Piper Sandler reiterated its Overweight rating, while Citizens JMP maintained “Market Outperform,” BTIG Research reiterated “Buy,” and D.A. Davidson also issued a Buy rating. TD Cowen likewise reaffirmed its Buy recommendation. Piper Sandler Reaffirms Overweight Rating for Braze
• Positive Sentiment: Strong quarterly execution provides support. Braze reported quarterly earnings of $0.19 per share versus the $0.16 consensus estimate, while revenue of $227.2 million exceeded expectations of $220.3 million and increased 26.2% year over year. Analysts cited revenue growth and improving net retention as reasons the selloff could represent a buying opportunity. Why Braze’s Guidance Miss May Be a Gift for Investors
• Positive Sentiment: Stephens expects substantial upside for BRZE, adding to the favorable analyst outlook. Stephens Forecasts Strong Price Appreciation for Braze
• Neutral Sentiment: JPMorgan lowered its price target to $34, but the revised target remains above the stock’s recent trading level, suggesting reduced expectations rather than a bearish call. JPMorgan Lowers Braze Price Target
• Neutral Sentiment: Braze presented at Citi’s 2026 Global TMT Conference, potentially giving investors additional information on strategy and growth, though no specific new financial catalyst was reported. Braze Citi Conference Transcript
• Negative Sentiment: Soft third-quarter profit guidance triggered the recent decline. The weaker outlook overshadowed the second-quarter earnings and revenue beats, raising concerns about near-term growth and profitability. Braze Dips on Weak Q3 Profit Outlook
• Negative Sentiment: Put-option activity was unusually high, with 5,672 puts purchased—180% above average—indicating increased near-term hedging or bearish speculation.

Braze Company Profile

Braze, Inc is a customer engagement software company that helps businesses build and manage personalized interactions with consumers. Its platform enables organizations to collect and analyze customer data, create audience segments, and coordinate marketing campaigns across multiple digital channels.

The Braze platform supports messaging through mobile and web push notifications, in-app messages, email, SMS, and other communication channels. It also provides tools for campaign orchestration, automation, experimentation, analytics, and artificial intelligence to help brands deliver more relevant and timely customer experiences.

Founded in 2011 as Appboy, the company later adopted the Braze name as it expanded its customer engagement offerings.