What is Scotiabank’s Estimate for Braze FY2026 Earnings?

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

Several other equities analysts also recently weighed in on the company. The Goldman Sachs Group cut their target price on Braze from $65.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. Macquarie increased their target price 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. TD Cowen dropped their price target on shares of Braze from $52.00 to $45.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. UBS Group reduced their price objective on shares of Braze from $56.00 to $51.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Finally, Oppenheimer reissued an “outperform” rating and issued a $51.00 price objective on shares of Braze in a research note on Tuesday, December 10th. One research analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $53.74.

Braze Price Performance

Shares of NASDAQ BRZE opened at $44.15 on Thursday. Braze has a 1-year low of $29.18 and a 1-year high of $61.53. The business’s 50 day moving average is $39.78 and its two-hundred day moving average is $38.21. The stock has a market capitalization of $4.57 billion, a P/E ratio of -38.73 and a beta of 1.11.

Hedge Funds Weigh In On Braze

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

Insider Buying and Selling

In other news, insider Myles Kleeger sold 9,225 shares of Braze stock in a transaction on Monday, November 18th. The stock was sold at an average price of $34.45, for a total value of $317,801.25. Following the transaction, the insider now directly owns 190,738 shares in the company, valued at approximately $6,570,924.10. This trade represents a 4.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Roger H. Lee sold 56,830 shares of the company’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of $30.27, for a total value of $1,720,244.10. Following the sale, the insider now owns 56,830 shares of the company’s stock, valued at $1,720,244.10. This trade represents a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 229,913 shares of company stock valued at $8,981,017 over the last three months. 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.