Braze (NASDAQ:BRZE) Releases Q1 Earnings Guidance

Braze (NASDAQ:BRZE - Get Free Report) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $0.04-$0.05 for the period, compared to the consensus EPS estimate of $0.03. The company issued revenue guidance of $158.0-$159.0 million, compared to the consensus revenue estimate of $158.44 million. Braze also updated its FY 2026 guidance to 0.310-0.350 EPS.

Braze Trading Down 3.8 %

Shares of BRZE traded down $1.43 during trading hours on Monday, reaching $36.08. 1,919,459 shares of the stock traded hands, compared to its average volume of 1,213,853. Braze has a 52-week low of $29.18 and a 52-week high of $48.33. The company's 50-day moving average price is $39.50 and its two-hundred day moving average price is $38.04. The company has a market cap of $3.73 billion, a P/E ratio of -31.65 and a beta of 1.17.

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

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Analyst Ratings Changes

Several analysts have recently commented on BRZE shares. William Blair reiterated an "outperform" rating on shares of Braze in a report on Thursday, December 19th. Stifel Nicolaus set a $50.00 target price on shares of Braze and gave the stock a "buy" rating in a report on Friday. Needham & Company LLC reiterated a "buy" rating and issued a $50.00 price objective on shares of Braze in a research report on Friday. Macquarie boosted their price objective on Braze from $30.00 to $39.00 and gave the company a "neutral" rating in a research report on Wednesday, December 11th. Finally, Raymond James boosted their price target on shares of Braze from $45.00 to $48.00 and gave the stock an "outperform" rating in a report on Friday. One research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Braze currently has a consensus rating of "Buy" and an average price target of $53.00.

Insider Activity

In related news, CAO Pankaj Malik sold 3,700 shares of Braze stock in a transaction on Monday, January 6th. The stock was sold at an average price of $45.77, for a total value of $169,349.00. Following the completion of the transaction, the chief accounting officer now directly owns 54,784 shares in the company, valued at approximately $2,507,463.68. This trade represents a 6.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Myles Kleeger sold 10,000 shares of the company's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $45.43, for a total value of $454,300.00. Following the sale, the insider now owns 184,396 shares in the company, valued at approximately $8,377,110.28. This trade represents a 5.14 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 89,470 shares of company stock valued at $3,841,921. 24.03% of the stock is currently owned by company insiders.

Braze Company Profile

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.