Braze (NASDAQ:BRZE) Issues Q1 2025 Earnings Guidance

Braze (NASDAQ:BRZE) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.110–0.100 for the period, compared to the consensus estimate of -0.050. The company issued revenue guidance of $131.0 million-$132.0 million, compared to the consensus revenue estimate of $127.8 million. Braze also updated its FY 2025 guidance to -0.120–0.080 EPS.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BRZE. JPMorgan Chase & Co. upped their price target on Braze from $52.00 to $57.00 and gave the company an overweight rating in a research report on Wednesday, November 29th. Canaccord Genuity Group increased their target price on shares of Braze from $55.00 to $70.00 and gave the stock a buy rating in a research report on Thursday, December 7th. Scotiabank boosted their price target on shares of Braze from $54.00 to $65.00 and gave the company a sector perform rating in a research report on Thursday, December 7th. Piper Sandler raised their price objective on shares of Braze from $57.00 to $66.00 and gave the stock an overweight rating in a report on Thursday, December 7th. Finally, JMP Securities boosted their target price on Braze from $56.00 to $68.00 and gave the stock a market outperform rating in a report on Thursday, December 7th. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus target price of $63.76.

Braze Stock Performance

BRZE traded up $1.16 during trading on Wednesday, reaching $50.58. 1,549,469 shares of the company’s stock were exchanged, compared to its average volume of 725,473. The company’s fifty day moving average price is $55.12 and its 200-day moving average price is $51.25. The firm has a market capitalization of $5.05 billion, a PE ratio of -36.02 and a beta of 1.21. Braze has a fifty-two week low of $25.76 and a fifty-two week high of $61.53.

Insider Buying and Selling

In other Braze news, CAO Pankaj Malik sold 1,000 shares of the stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $53.73, for a total value of $53,730.00. Following the transaction, the chief accounting officer now owns 77,853 shares of the company’s stock, valued at $4,183,041.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Braze news, CAO Pankaj Malik sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $53.73, for a total value of $53,730.00. Following the completion of the sale, the chief accounting officer now owns 77,853 shares of the company’s stock, valued at $4,183,041.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Phillip M. Fernandez sold 1,500 shares of Braze stock in a transaction on Friday, March 15th. The stock was sold at an average price of $51.32, for a total transaction of $76,980.00. Following the transaction, the director now directly owns 11,056 shares in the company, valued at $567,393.92. The disclosure for this sale can be found here. Insiders sold a total of 90,471 shares of company stock valued at $5,013,803 over the last three months. Company insiders own 26.48% of the company’s stock.

Institutional Investors Weigh In On Braze

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Braze by 9.1% during the 4th quarter. Vanguard Group Inc. now owns 5,746,572 shares of the company’s stock valued at $305,315,000 after purchasing an additional 480,179 shares in the last quarter. Morgan Stanley lifted its stake in Braze by 21.4% in the fourth quarter. Morgan Stanley now owns 4,992,683 shares of the company’s stock valued at $136,200,000 after buying an additional 880,451 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Braze by 296.6% in the second quarter. BlackRock Inc. now owns 2,604,483 shares of the company’s stock valued at $114,050,000 after buying an additional 1,947,831 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of Braze by 12.5% in the second quarter. Alliancebernstein L.P. now owns 2,376,204 shares of the company’s stock valued at $104,054,000 after buying an additional 263,250 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Braze by 62.6% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,090,100 shares of the company’s stock worth $111,047,000 after acquiring an additional 805,000 shares in the last quarter. 90.47% of the stock is currently owned by institutional investors.

About Braze

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers data ingestion products, such as 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 cohort syncing, which allow brands to sync user cohorts from partners; and Braze Cloud Data Ingestion that enables brands to harness their customer data.