Braze (NASDAQ:BRZE – Get Free Report) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.31-$0.35 for the period, compared to the consensus estimate of $0.28. The company issued revenue guidance of $686-$691 million, compared to the consensus revenue estimate of $688.16 million. Braze also updated its Q1 guidance to $0.04-$0.05 EPS.
Wall Street Analysts Forecast Growth
BRZE has been the topic of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price target on shares of Braze in a report on Monday, February 3rd. DA Davidson restated a “buy” rating and set a $50.00 target price on shares of Braze in a research note on Wednesday. William Blair reiterated an “outperform” rating on shares of Braze in a research note on Thursday, December 19th. Citigroup boosted their price objective on Braze from $47.00 to $51.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, Canaccord Genuity Group set a $45.00 target price on Braze in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $52.05.
Get Our Latest Analysis on BRZE
Braze Trading Down 1.7 %
Insider Buying and Selling
In other Braze news, CAO Pankaj Malik sold 3,700 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $45.77, for a total value of $169,349.00. Following the transaction, the chief accounting officer now owns 54,784 shares in the company, valued at approximately $2,507,463.68. This trade represents a 6.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel Susan Wiseman sold 14,000 shares of Braze stock in a transaction on Monday, January 6th. The stock was sold at an average price of $45.52, for a total transaction of $637,280.00. Following the sale, the general counsel now directly owns 199,520 shares in the company, valued at approximately $9,082,150.40. This trade represents a 6.56 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 89,470 shares of company stock worth $3,841,921. 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.
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