What is DA Davidson’s Forecast for Braze FY2025 Earnings?

Braze, Inc. (NASDAQ:BRZE) – Investment analysts at DA Davidson increased their FY2025 EPS estimates for shares of Braze in a report released on Tuesday, December 10th. DA Davidson analyst G. Luria now forecasts that the company will post earnings of ($0.98) per share for the year, up from their prior estimate of ($1.02). DA Davidson has a “Buy” rating and a $50.00 price objective on the stock. The consensus estimate for Braze’s current full-year earnings is ($1.02) per share. DA Davidson also issued estimates for Braze’s FY2026 earnings at ($0.91) EPS.

Several other equities analysts have also recently weighed in on BRZE. Stifel Nicolaus raised their price target on shares of Braze from $37.00 to $48.00 and gave the company a “buy” rating in a research report on Tuesday. Piper Sandler lifted their target price on Braze from $40.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday. JMP Securities reiterated a “market outperform” rating and set a $68.00 price target on shares of Braze in a report on Tuesday, September 24th. Barclays dropped their price objective on Braze from $80.00 to $70.00 and set an “overweight” rating on the stock in a research note on Monday, August 26th. Finally, The Goldman Sachs Group reduced their target price on shares of Braze from $65.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, Braze has a consensus rating of “Moderate Buy” and an average price target of $53.74.

Braze Price Performance

Shares of NASDAQ BRZE opened at $42.01 on Thursday. The company has a 50-day moving average price of $34.90 and a 200-day moving average price of $37.32. The stock has a market capitalization of $4.32 billion, a P/E ratio of -36.85 and a beta of 1.15. Braze has a 1 year low of $29.18 and a 1 year high of $61.53.

Insider Transactions at Braze

In other news, CFO Isabelle Winkles sold 4,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $32.12, for a total value of $144,540.00. Following the sale, the chief financial officer now owns 216,208 shares of the company’s stock, valued at $6,944,600.96. The trade was a 2.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Fernando Machado sold 1,377 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $30.65, for a total transaction of $42,205.05. Following the sale, the director now owns 8,937 shares in the company, valued at $273,919.05. The trade was a 13.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 113,979 shares of company stock worth $3,688,914 in the last quarter. Insiders own 24.03% of the company’s stock.

Institutional Investors Weigh In On Braze

A number of hedge funds and other institutional investors have recently bought and sold shares of BRZE. State Street Corp grew its position in shares of Braze by 21.5% in the third quarter. State Street Corp now owns 1,575,701 shares of the company’s stock valued at $50,958,000 after purchasing an additional 279,050 shares in the last quarter. Geode Capital Management LLC boosted its stake in Braze by 18.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,497,188 shares of the company’s stock worth $48,428,000 after purchasing an additional 229,660 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Braze by 69.5% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,494,100 shares of the company’s stock valued at $48,319,000 after buying an additional 612,400 shares in the last quarter. Fiera Capital Corp increased its position in shares of Braze by 1.0% during the second quarter. Fiera Capital Corp now owns 780,630 shares of the company’s stock valued at $30,320,000 after buying an additional 7,570 shares during the period. Finally, Stephens Investment Management Group LLC purchased a new stake in shares of Braze in the third quarter worth about $20,794,000. 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.