Braze (NASDAQ:BRZE) Updates FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.310-0.350 for the period, compared to the consensus estimate of 0.290. The company issued revenue guidance of $686.0 million-$691.0 million, compared to the consensus revenue estimate of $688.2 million. Braze also updated its FY26 guidance to $0.31-$0.35 EPS.

Braze Stock Down 1.7 %

NASDAQ BRZE opened at $36.70 on Friday. The stock has a market cap of $3.80 billion, a price-to-earnings ratio of -32.19 and a beta of 1.17. Braze has a fifty-two week low of $29.18 and a fifty-two week high of $48.33. The business has a fifty day moving average of $39.80 and a 200-day moving average of $37.97.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Piper Sandler upped their target price on shares of Braze from $40.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, December 10th. Raymond James lowered their price objective on Braze from $48.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, March 20th. Wells Fargo & Company reissued an “overweight” rating on shares of Braze in a research report on Friday. DA Davidson reissued a “buy” rating and issued a $50.00 target price on shares of Braze in a report on Wednesday. Finally, Oppenheimer restated an “outperform” rating and set a $51.00 price objective on shares of Braze in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Braze presently has a consensus rating of “Buy” and an average target price of $52.40.

Insider Activity

In related news, CTO Jonathan Hyman sold 5,210 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $40.82, for a total value of $212,672.20. Following the completion of the transaction, the chief technology officer now directly owns 157,810 shares of the company’s stock, valued at approximately $6,441,804.20. This trade represents a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Myles Kleeger sold 8,365 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $40.12, for a total value of $335,603.80. Following the completion of the sale, the insider now directly owns 168,882 shares of the company’s stock, valued at approximately $6,775,545.84. The trade was a 4.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 89,470 shares of company stock worth $3,841,921 over the last three months. Corporate insiders own 24.03% of the company’s stock.

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.