What is Scotiabank's Estimate for Braze FY2026 Earnings?

Braze, Inc. (NASDAQ:BRZE - Free Report) - Scotiabank issued their FY2026 earnings per share estimates for Braze in a report released on Wednesday, January 8th. Scotiabank analyst N. Altmann forecasts that the company will post earnings per share of ($0.87) for the year. The consensus estimate for Braze's current full-year earnings is ($1.01) per share.

Other equities analysts have also issued research reports about the stock. DA Davidson cut their price target on shares of Braze from $55.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, December 10th. Oppenheimer reiterated an "outperform" rating and issued a $51.00 price target on shares of Braze in a research report on Tuesday, December 10th. Stifel Nicolaus raised their price objective on Braze from $37.00 to $48.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. UBS Group reduced their target price on Braze from $56.00 to $51.00 and set a "buy" rating on the stock in a report on Wednesday, September 25th. Finally, TD Cowen lowered their price target on shares of Braze from $52.00 to $45.00 and set a "buy" rating for the company in a report on Tuesday, September 24th. One research analyst has rated the stock with a hold rating and nineteen have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $53.74.

Braze Price Performance

NASDAQ BRZE traded down $0.45 during trading hours on Thursday, reaching $44.15. The company's stock had a trading volume of 910,053 shares, compared to its average volume of 1,424,351. Braze has a 52 week low of $29.18 and a 52 week high of $61.53. The stock has a market cap of $4.57 billion, a P/E ratio of -38.73 and a beta of 1.11. The firm has a fifty day simple moving average of $40.04 and a 200-day simple moving average of $38.25.

Insider Activity

In other news, major shareholder Roger H. Lee sold 56,830 shares of the firm's stock in a transaction on Friday, October 11th. The stock was sold at an average price of $30.27, for a total transaction of $1,720,244.10. Following the completion of the sale, the insider now directly owns 56,830 shares of the company's stock, valued at $1,720,244.10. This trade represents a 50.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Pankaj Malik sold 3,700 shares of the firm's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $45.77, for a total transaction of $169,349.00. Following the sale, the chief accounting officer now owns 54,784 shares of the company's stock, valued at $2,507,463.68. This trade represents a 6.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 229,913 shares of company stock worth $8,981,017 over the last 90 days. 24.03% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Braze

Large investors have recently modified their holdings of the stock. Quarry LP bought a new stake in shares of Braze in the second quarter valued at $50,000. KBC Group NV lifted its holdings in Braze by 41.5% during the third quarter. KBC Group NV now owns 2,097 shares of the company's stock valued at $68,000 after purchasing an additional 615 shares during the last quarter. Amalgamated Bank increased its stake in shares of Braze by 18.9% in the third quarter. Amalgamated Bank now owns 2,253 shares of the company's stock worth $73,000 after purchasing an additional 358 shares in the last quarter. Evoke Wealth LLC bought a new stake in shares of Braze in the second quarter valued at approximately $215,000. Finally, Canada Pension Plan Investment Board bought a new position in Braze in the 2nd quarter worth approximately $229,000. Hedge funds and other institutional investors own 90.47% 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.