Braze (NASDAQ:BRZE) Updates FY26 Earnings Guidance

Braze (NASDAQ:BRZE - Get Free Report) updated its FY26 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.31-$0.35 for the period, compared to the consensus estimate of $0.28. The company issued revenue guidance of $686-$691 million, compared to the consensus revenue estimate of $688.16 million. Braze also updated its FY 2026 guidance to 0.310-0.350 EPS.

Analyst Upgrades and Downgrades

BRZE has been the subject of a number of analyst reports. Citigroup raised their price target on shares of Braze from $50.00 to $55.00 and gave the stock a "buy" rating in a research note on Friday. Raymond James boosted their target price on shares of Braze from $45.00 to $48.00 and gave the company an "outperform" rating in a research note on Friday. DA Davidson restated a "buy" rating and set a $50.00 price target on shares of Braze in a research report on Wednesday. Stifel Nicolaus set a $50.00 price target on Braze and gave the company a "buy" rating in a report on Friday. Finally, William Blair reissued an "outperform" rating on shares of Braze in a report on Thursday, December 19th. One research analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $53.00.

Braze Price Performance

Shares of Braze stock traded up $0.81 during trading on Friday, hitting $37.51. 5,430,505 shares of the company were exchanged, compared to its average volume of 1,211,031. The firm has a market capitalization of $3.88 billion, a P/E ratio of -32.90 and a beta of 1.17. The firm's fifty day moving average price is $39.66 and its 200 day moving average price is $38.03. Braze has a 1-year low of $29.18 and a 1-year high of $48.33.

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Braze (NASDAQ:BRZE - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.07. The firm had revenue of $160.40 million during the quarter, compared to analysts' expectations of $155.72 million. Braze had a negative net margin of 20.41% and a negative return on equity of 24.88%. The business's revenue for the quarter was up 22.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.04) earnings per share. As a group, equities research analysts anticipate that Braze will post -0.98 earnings per share for the current year.

Insider Activity at Braze

In related news, CEO William Magnuson sold 18,050 shares of Braze stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $40.82, for a total value of $736,801.00. Following the sale, the chief executive officer now owns 564,766 shares of the company's stock, valued at approximately $23,053,748.12. This trade represents a 3.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Myles Kleeger sold 8,365 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $40.12, for a total value of $335,603.80. Following the transaction, the insider now directly owns 168,882 shares of the company's stock, valued at approximately $6,775,545.84. This trade represents a 4.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 89,470 shares of company stock worth $3,841,921 in the last quarter. 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.