Braze (BRZE) Stock Price, News & Analysis

Company Overview

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. It also offers classification products, including segmentation that can define reusable segments of consumers based upon attributes, events, or predictive propensity scores; segment insights, which allows customers to analyze how segments are performing relative to each other across a set of pre-selected key performance indicators; and predictive suite that allows customers to identify groups of consumers that are of critical business value. In addition, the company provides Canvas, an orchestration tool that allows customers to create journeys, mapping out multi-steps, and cross-channel messaging experiences; campaigns, which allows customers to send one set of single-channel or multi-channel messages to be delivered to customers in a particular user segment; event and API triggering; marketing pressure management; and reporting and analytics. Further, it offers personalization products, such as liquid templating platform, connected content platform, content blocks, intelligent timing and channel, personalized variant, and AI item recommendations, and catalogs; and action products. The company was formerly known as Appboy, Inc. and changed its name to Braze, Inc. in November 2017. Braze, Inc. was incorporated in 2011 and is headquartered in New York, New York.

Key Stats

• Today's Range: $43.45 to $46.19
• 50-Day Range: $30.05 to $44.78
• 52-Week Range: $29.18 to $61.53
• Volume: 2.46 million shs
• Average Volume: 1.10 million shs
• Market Capitalization: $4.59 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $53.74
• Consensus Rating: Moderate Buy

Braze Stock Analysis - MarketRank™

Braze scored higher than 73% of companies evaluated by MarketBeat, and ranked 96th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Braze has received a consensus rating of Moderate Buy. The company's average rating score is 2.95, and is based on 19 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Braze has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Braze are expected to grow in the coming year, from ($1.01) to ($0.94) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Braze is -38.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Braze is -38.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Braze has a P/B Ratio of 9.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.81% of the float of Braze has been sold short.

Short Interest Ratio / Days to Cover

Braze has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Braze has recently decreased by 2.47%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Braze does not currently pay a dividend.

Dividend Growth

Braze does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.81% of the float of Braze has been sold short.

Short Interest Ratio / Days to Cover

Braze has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Braze has recently decreased by 2.47%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.40

News Sentiment

Braze has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 22 news articles for Braze this week, compared to 7 articles on an average week.

Search Interest

8 people have searched for BRZE on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.

MarketBeat Follows

13 people have added Braze to their MarketBeat watchlist in the last 30 days. This is an increase of 86% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Braze insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,906,833.00 in company stock.

Percentage Held by Insiders

24.03% of the stock of Braze is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

90.47% of the stock of Braze is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BRZE Stock Analysis - Frequently Asked Questions

How have BRZE shares performed this year?

Braze's stock was trading at $53.13 at the start of the year. Since then, BRZE shares have decreased by 16.6% and is now trading at $44.31.
View the best growth stocks for 2024 here.

How were Braze's earnings last quarter?

Braze, Inc. (NASDAQ:BRZE) posted its quarterly earnings data on Thursday, September, 5th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.12. The business's revenue for the quarter was up 26.4% on a year-over-year basis.

When did Braze IPO?

Braze (BRZE) raised $460 million in an initial public offering on Wednesday, November 17th 2021. The company issued 8,000,000 shares at a price of $55.00-$60.00 per share.

Who are Braze's major shareholders?

Top institutional shareholders of Braze include Champlain Investment Partners LLC (2.71%), State Street Corp (1.53%), Geode Capital Management LLC (1.46%) and Healthcare of Ontario Pension Plan Trust Fund (1.45%). Insiders that own company stock include Douglas A Pepper, Matthew Jacobson, Iconiq Strategic Partners Vi,, William Magnuson, Isabelle Winkles, Susan Wiseman, Myles Kleeger, Jonathan Hyman, Pankaj Malik, Roger H Lee, Jesse Feldman, Battery Partners Xi, Llc, Michael Maurice Brown, Phillip M Fernandez, Fernando Machado, Dharmesh Thakker and Scott R Tobin.
View institutional ownership trends.

How do I buy shares of Braze?

Shares of BRZE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Braze own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Braze investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), e.l.f. Beauty (ELF), Adobe (ADBE) and Novo Nordisk A/S (NVO).

Company Calendar

• Last Earnings: 9/05/2024
• Today: 12/22/2024
• Next Earnings (Confirmed): 12/31/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:BRZE
• CUSIP: N/A
• CIK: 1676238
• Web: www.braze.com
• Phone: 609-964-0585
• Fax: N/A
• Employees: 1,548
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $53.74
• High Stock Price Target: $75.00
• Low Stock Price Target: $39.00
• Potential Upside/Downside: +21.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.95
• Research Coverage: 20 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-129,170,000.00
• Net Margins: -20.41%
• Pretax Margin: -19.96%
• Return on Equity: -24.88%
• Return on Assets: -13.53%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.99
• Quick Ratio: 2.03

Sales & Book Value

• Annual Sales: $563.97 million
• Price / Sales: 8.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.46 per share
• Price / Book: 9.93

Miscellaneous

• Outstanding Shares: 102,727,000
• Free Float: 78,042,000
• Market Cap: $4.55 billion
• Optionable: Optionable
• Beta: 1.15