Braze (NASDAQ:BRZE) Issues FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.310-0.350 for the period, compared to the consensus earnings per share estimate of 0.290. The company issued revenue guidance of $686.0 million-$691.0 million, compared to the consensus revenue estimate of $688.2 million. Braze also updated its FY26 guidance to $0.31-$0.35 EPS.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wells Fargo & Company reiterated an "overweight" rating and issued a $55.00 target price (up previously from $50.00) on shares of Braze in a research report on Friday. Piper Sandler lifted their price objective on shares of Braze from $40.00 to $48.00 and gave the company an "overweight" rating in a research note on Tuesday, December 10th. William Blair reiterated an "outperform" rating on shares of Braze in a research note on Thursday, December 19th. Stephens started coverage on shares of Braze in a research report on Wednesday, March 19th. They set an "overweight" rating and a $43.00 target price for the company. Finally, DA Davidson reiterated a "buy" rating and set a $50.00 price objective on shares of Braze in a research note on Wednesday, March 26th. One research analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Braze currently has a consensus rating of "Buy" and a consensus price target of $53.00.

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Braze Stock Down 3.9 %

Shares of NASDAQ BRZE traded down $1.48 during trading on Monday, hitting $36.03. The company had a trading volume of 30,641 shares, compared to its average volume of 1,206,551. Braze has a fifty-two week low of $29.18 and a fifty-two week high of $48.33. The stock has a fifty day simple moving average of $39.66 and a two-hundred day simple moving average of $38.03. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of -31.67 and a beta of 1.17.

Braze (NASDAQ:BRZE - Get Free Report) last announced its 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. The business had revenue of $160.40 million during the quarter, compared to analysts' expectations of $155.72 million. Braze had a negative return on equity of 24.88% and a negative net margin of 20.41%. The business's revenue was up 22.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.04) earnings per share. On average, analysts anticipate that Braze will post -0.98 earnings per share for the current year.

Insider Activity at Braze

In other Braze news, CEO William Magnuson sold 18,050 shares of the company's stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 564,766 shares in the company, valued at $23,053,748.12. This represents a 3.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction, the chief accounting officer now owns 54,784 shares in the company, valued at approximately $2,507,463.68. This represents a 6.33 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 89,470 shares of company stock valued at $3,841,921. 24.03% of the stock is currently owned by insiders.

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.