Scotiabank Estimates Braze’s FY2026 Earnings (NASDAQ:BRZE)

Braze, Inc. (NASDAQ:BRZE) – Scotiabank issued their FY2026 EPS estimates for shares of Braze in a note issued to investors on Wednesday, January 8th. Scotiabank analyst N. Altmann forecasts that the company will post earnings per share of ($0.87) for the year. The consensus estimate for Braze’s current full-year earnings is ($1.01) per share.

A number of other equities research analysts have also commented on the company. UBS Group reduced their price target on Braze from $56.00 to $51.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Citigroup increased their target price on shares of Braze from $47.00 to $51.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Stifel Nicolaus raised their price target on shares of Braze from $37.00 to $48.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Macquarie upped their price objective on shares of Braze from $30.00 to $39.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. Finally, William Blair reissued an “outperform” rating on shares of Braze in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Braze currently has a consensus rating of “Moderate Buy” and an average price target of $53.74.

Braze Stock Down 1.0 %

NASDAQ BRZE opened at $44.15 on Thursday. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of -38.73 and a beta of 1.11. Braze has a twelve month low of $29.18 and a twelve month high of $61.53. The stock has a fifty day simple moving average of $40.04 and a 200 day simple moving average of $38.25.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BRZE. Quarry LP bought a new position in Braze during the 2nd quarter valued at $50,000. KBC Group NV lifted its position in shares of Braze by 41.5% during the third quarter. KBC Group NV now owns 2,097 shares of the company’s stock valued at $68,000 after purchasing an additional 615 shares in the last quarter. Amalgamated Bank boosted its holdings in Braze by 18.9% during the third quarter. Amalgamated Bank now owns 2,253 shares of the company’s stock worth $73,000 after purchasing an additional 358 shares during the last quarter. Evoke Wealth LLC bought a new stake in Braze in the 2nd quarter worth about $215,000. Finally, Canada Pension Plan Investment Board purchased a new stake in Braze in the 2nd quarter valued at about $229,000. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Insider Activity at Braze

In other Braze news, insider Myles Kleeger sold 9,225 shares of Braze stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $34.45, for a total transaction of $317,801.25. Following the completion of the transaction, the insider now owns 190,738 shares in the company, valued at approximately $6,570,924.10. The trade was a 4.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William Magnuson sold 17,933 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $34.45, for a total value of $617,791.85. Following the sale, the chief executive officer now directly owns 582,816 shares of the company’s stock, valued at $20,078,011.20. This represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 173,083 shares of company stock valued at $7,260,773. 24.03% of the stock is owned by company insiders.

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.