Braze (NASDAQ:BRZE) Issues Q1 Earnings Guidance

Braze (NASDAQ:BRZE) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $0.04-$0.05 for the period, compared to the consensus EPS estimate of $0.03. The company issued revenue guidance of $158.0-$159.0 million, compared to the consensus revenue estimate of $158.44 million. Braze also updated its FY 2026 guidance to 0.310-0.350 EPS.

Wall Street Analyst Weigh In

BRZE has been the subject of a number of research reports. William Blair restated an “outperform” rating on shares of Braze in a research report on Thursday, December 19th. Stephens initiated coverage on shares of Braze in a report on Wednesday, March 19th. They set an “overweight” rating and a $43.00 price target for the company. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 price objective on shares of Braze in a research note on Friday. DA Davidson reiterated a “buy” rating and issued a $50.00 target price on shares of Braze in a research report on Wednesday. Finally, Piper Sandler boosted their price target on shares of Braze from $40.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $52.40.

Braze Trading Down 1.7 %

Shares of Braze stock opened at $36.70 on Friday. The firm has a fifty day simple moving average of $39.80 and a 200-day simple moving average of $37.97. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of -32.19 and a beta of 1.17. Braze has a 1-year low of $29.18 and a 1-year high of $48.33.

Braze (NASDAQ:BRZE) last released its earnings results on Thursday, March 27th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.07. Braze had a negative net margin of 20.41% and a negative return on equity of 24.88%. The firm had revenue of $160.40 million during the quarter, compared to analyst estimates of $155.72 million. During the same quarter in the previous year, the business earned ($0.04) EPS. The business’s revenue was up 22.4% on a year-over-year basis. As a group, research analysts predict that Braze will post -0.98 earnings per share for the current year.

Insider Activity at Braze

In related news, CAO Pankaj Malik sold 3,700 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $45.77, for a total transaction of $169,349.00. Following the completion of the transaction, the chief accounting officer now directly owns 54,784 shares in the company, valued at $2,507,463.68. This represents a 6.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO William Magnuson sold 18,050 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $40.82, for a total transaction of $736,801.00. Following the completion of the sale, the chief executive officer now owns 564,766 shares in the company, valued at $23,053,748.12. This represents a 3.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 89,470 shares of company stock worth $3,841,921 in the last 90 days. 24.03% of the stock is owned by company insiders.

Braze Company Profile

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.