Braze, Inc. (NASDAQ:BRZE) Forecasted to Earn Q1 2025 Earnings of ($0.36) Per Share

Braze, Inc. (NASDAQ:BRZE) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Braze in a research note issued to investors on Monday, April 1st. DA Davidson analyst G. Luria anticipates that the company will post earnings of ($0.36) per share for the quarter. DA Davidson has a “Buy” rating and a $65.00 price objective on the stock. The consensus estimate for Braze’s current full-year earnings is ($1.15) per share. DA Davidson also issued estimates for Braze’s FY2026 earnings at ($1.07) EPS.

Several other brokerages have also recently issued reports on BRZE. Oppenheimer reissued an “outperform” rating and issued a $75.00 price objective on shares of Braze in a research note on Thursday, March 28th. BTIG Research boosted 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. Piper Sandler reaffirmed an “overweight” rating and set a $66.00 price target on shares of Braze in a research note on Thursday, March 28th. Scotiabank lowered their price target on shares of Braze from $65.00 to $58.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 28th. Finally, Canaccord Genuity Group lowered their price target on shares of Braze from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. One analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $64.29.

Braze Stock Performance

Shares of BRZE opened at $42.87 on Tuesday. The stock has a market capitalization of $4.28 billion, a P/E ratio of -32.23 and a beta of 1.14. The company’s fifty day moving average is $54.45 and its two-hundred day moving average is $51.20. Braze has a 1 year low of $25.76 and a 1 year high of $61.53.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Fred Alger Management LLC purchased a new position in shares of Braze during the 3rd quarter worth about $29,000. BluePath Capital Management LLC purchased a new position in shares of Braze during the 3rd quarter worth about $31,000. Neo Ivy Capital Management purchased a new position in shares of Braze during the 4th quarter worth about $40,000. Canton Hathaway LLC purchased a new position in shares of Braze during the 4th quarter worth about $42,000. Finally, Comerica Bank increased its position in Braze by 377.2% during the 4th quarter. Comerica Bank now owns 940 shares of the company’s stock worth $50,000 after purchasing an additional 743 shares in the last quarter. 90.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Braze

In other Braze news, Director Phillip M. Fernandez sold 1,500 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $59.91, for a total value of $89,865.00. Following the transaction, the director now directly owns 11,056 shares in the company, valued at approximately $662,364.96. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, insider Myles Kleeger sold 6,874 shares of the stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $56.87, for a total transaction of $390,924.38. Following the transaction, the insider now directly owns 231,083 shares in the company, valued at approximately $13,141,690.21. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Phillip M. Fernandez sold 1,500 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $59.91, for a total transaction of $89,865.00. Following the transaction, the director now owns 11,056 shares in the company, valued at $662,364.96. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 75,471 shares of company stock worth $4,196,153. Corporate insiders own 26.48% 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 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.