Braze (NASDAQ:BRZE – Get Free Report) will be posting its quarterly earnings results after the market closes on Thursday, September 5th. Analysts expect Braze to post earnings of ($0.03) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Braze (NASDAQ:BRZE – Get Free Report) last posted its quarterly earnings data on Thursday, June 6th. The company reported ($0.35) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.01. Braze had a negative return on equity of 27.85% and a negative net margin of 25.06%. The firm had revenue of $135.46 million for the quarter, compared to analysts’ expectations of $131.56 million. On average, analysts expect Braze to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Braze Stock Down 3.3 %
BRZE stock opened at $43.30 on Wednesday. Braze has a twelve month low of $33.93 and a twelve month high of $61.53. The stock has a market cap of $4.40 billion, a P/E ratio of -33.83 and a beta of 1.07. The business’s 50-day moving average price is $41.00 and its 200-day moving average price is $43.16.
Insider Buying and Selling at Braze
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. Raymond James lowered their price target on Braze from $65.00 to $55.00 and set an “outperform” rating on the stock in a report on Friday, June 7th. Citigroup boosted their price target on Braze from $52.00 to $58.00 and gave the stock a “buy” rating in a report on Friday, June 7th. TD Cowen lowered their price target on Braze from $65.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, May 31st. Scotiabank raised Braze from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the stock from $48.00 to $56.00 in a report on Wednesday, July 10th. Finally, Barclays lowered their price target on Braze from $80.00 to $70.00 and set an “overweight” rating on the stock in a report on Monday, August 26th. Seventeen equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $60.50.
Check Out Our Latest Stock Analysis on Braze
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.
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