Braze (NASDAQ:BRZE) Releases FY 2025 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.120–0.080 for the period, compared to the consensus estimate of -0.020. The company issued revenue guidance of $570.0 million-$575.0 million, compared to the consensus revenue estimate of $572.2 million. Braze also updated its FY25 guidance to $(0.12)-$(0.08) EPS.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. BTIG Research upped their price objective on shares of Braze from $60.00 to $75.00 and gave the company a buy rating in a research note on Thursday, December 7th. The Goldman Sachs Group boosted their target price on Braze from $55.00 to $63.00 and gave the stock a buy rating in a report on Thursday, December 7th. 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. Barclays boosted their target price on Braze from $65.00 to $80.00 and gave the stock an overweight rating in a report on Thursday, December 7th. Finally, Scotiabank decreased their price target on Braze from $65.00 to $58.00 and set a sector perform rating for the company in a report on Thursday. One analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus price target of $64.29.

Braze Stock Performance

Shares of BRZE opened at $44.30 on Friday. The stock has a fifty day moving average price of $54.88 and a two-hundred day moving average price of $51.19. Braze has a 52-week low of $25.76 and a 52-week high of $61.53. The company has a market cap of $4.42 billion, a price-to-earnings ratio of -31.87 and a beta of 1.21.

Insider Buying and Selling at Braze

In other Braze news, CAO Pankaj Malik sold 1,000 shares of Braze stock in a transaction on Friday, January 12th. The stock was sold at an average price of $53.73, for a total value of $53,730.00. Following the completion of the transaction, the chief accounting officer now owns 77,853 shares in the company, valued at approximately $4,183,041.69. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Myles Kleeger sold 15,000 shares of the business’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $49.78, for a total transaction of $746,700.00. Following the completion of the sale, the insider now owns 171,709 shares in the company, valued at $8,547,674.02. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Pankaj Malik sold 1,000 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $53.73, for a total value of $53,730.00. Following the sale, the chief accounting officer now owns 77,853 shares of the company’s stock, valued at approximately $4,183,041.69. The disclosure for this sale can be found here. In the last quarter, insiders sold 75,471 shares of company stock worth $4,196,153. 26.48% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Braze

Institutional investors have recently made changes to their positions in the stock. Comerica Bank grew its stake in Braze by 377.2% in the fourth quarter. Comerica Bank now owns 940 shares of the company’s stock valued at $50,000 after acquiring an additional 743 shares during the period. KBC Group NV acquired a new position in Braze during the fourth quarter valued at approximately $56,000. Royal Bank of Canada boosted its position in Braze by 189.3% during the third quarter. Royal Bank of Canada now owns 1,160 shares of the company’s stock valued at $40,000 after purchasing an additional 759 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Braze by 70.0% during the third quarter. Advisors Asset Management Inc. now owns 1,406 shares of the company’s stock valued at $66,000 after purchasing an additional 579 shares during the last quarter. Finally, State of Wyoming acquired a new position in Braze during the second quarter valued at approximately $73,000. 90.47% of the stock is owned by institutional investors and hedge funds.

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.