Braze (NASDAQ:BRZE) Releases FY 2027 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.610-0.650 for the period, compared to the consensus estimate of 0.070. The company issued revenue guidance of $884.0 million-$889.0 million, compared to the consensus revenue estimate of $858.0 million. Braze also updated its Q1 2027 guidance to 0.100-0.110 EPS.

Wall Street Analyst Weigh In

A number of research firms recently commented on BRZE. Citigroup dropped their price objective on Braze from $53.00 to $46.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Barclays increased their price target on Braze from $29.00 to $31.00 and gave the company an “overweight” rating in a report on Wednesday, March 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Braze in a report on Monday, December 29th. Needham & Company LLC reiterated a “buy” rating and set a $50.00 price target on shares of Braze in a report on Wednesday, March 25th. Finally, Oppenheimer lowered their price target on Braze from $40.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, March 25th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.67.

Braze Stock Down 3.7%

BRZE stock traded down $0.79 during midday trading on Thursday, hitting $20.68. 4,592,488 shares of the company traded hands, compared to its average volume of 3,211,033. Braze has a twelve month low of $15.26 and a twelve month high of $37.67. The business has a 50 day simple moving average of $19.58 and a 200-day simple moving average of $25.96. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -16.95 and a beta of 0.89.

Braze (NASDAQ:BRZE) last announced its quarterly earnings results on Tuesday, March 24th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.04). Braze had a negative net margin of 17.78% and a negative return on equity of 18.75%. The company had revenue of $205.17 million for the quarter, compared to analyst estimates of $198.23 million. During the same quarter last year, the business earned $0.12 EPS. The company’s revenue for the quarter was up 27.9% on a year-over-year basis. Equities research analysts forecast that Braze will post -0.98 EPS for the current year.

Insider Buying and Selling

In other news, CAO Pankaj Malik sold 2,893 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $16.93, for a total value of $48,978.49. Following the completion of the sale, the chief accounting officer directly owned 50,679 shares of the company’s stock, valued at approximately $857,995.47. This represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO William Magnuson sold 26,413 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.93, for a total value of $447,172.09. Following the completion of the sale, the chief executive officer directly owned 4,491,098 shares of the company’s stock, valued at $76,034,289.14. This represents a 0.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 60,676 shares of company stock valued at $1,027,661 in the last ninety days. Company insiders own 18.20% of the company’s stock.

Institutional Investors Weigh In On Braze

Several hedge funds have recently modified their holdings of BRZE. Osaic Holdings Inc. lifted its position in Braze by 4,227.6% in the fourth quarter. Osaic Holdings Inc. now owns 5,323 shares of the company’s stock worth $183,000 after purchasing an additional 5,200 shares during the period. Xponance LLC bought a new position in Braze in the fourth quarter worth $231,000. CIBC Bancorp USA Inc. bought a new position in Braze in the third quarter worth $242,000. Caxton Associates LLP bought a new position in Braze in the third quarter worth $231,000. Finally, PharVision Advisers LLC bought a new position in Braze in the third quarter worth $252,000. 90.47% of the stock is owned by institutional investors.

Braze Company Profile

Braze, Inc is a publicly traded software company (NASDAQ: BRZE) that offers a customer engagement platform designed to help brands build personalized relationships with their users. Founded in 2011 as Appboy by Bill Magnuson, Jon Hyman and Mark Ghermezian, the company adopted the Braze name in 2017 to underscore its focus on fostering strong connections between businesses and consumers. Its cloud-based platform consolidates messaging channels including push notifications, in-app messages, email and SMS, enabling companies to deliver timely, context-driven communications at scale.

The core functionality of Braze’s platform centers on data-driven segmentation, customer journey orchestration and real-time analytics.