BRZE Stock - Braze, Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $593.41M | $471.80M | $355.43M | $238.03M | $150.19M |
| Gross Profit | $410.22M | $324.27M | $239.61M | $159.52M | $95.68M |
| Gross Margin | 69.1% | 68.7% | 67.4% | 67.0% | 63.7% |
| Operating Income | $-122,159,000 | $-144,692,000 | $-148,140,000 | $-78,211,000 | $-32,152,000 |
| Net Income | $-103,743,000 | $-129,166,000 | $-140,746,000 | $-78,167,000 | $-31,969,000 |
| Net Margin | -17.5% | -27.4% | -39.6% | -32.8% | -21.3% |
| EPS | $-1.02 | $-1.32 | $-1.49 | $-0.84 | $-0.35 |
Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide. It offers data ingestion products, such as Braze software development kits that automatically manage data ingestion and the delivery of mobile and web notifications, in-application/in-browser interstitial messages, and content cards, as well as can be integrated into a range of digital interfaces and application development frameworks; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; and partner cohort syncing, which allow brands to sync user cohorts from partners. The company also offers classification products, including segmentation that can define reusable segments of consumers based upon attributes, events, or predictive propensity scores; segment insights, which allows customers to analyze how segments are performing relative to each other across a set of pre-selected key performance indicators, and helps to understand the factors that determine which consumers belong to a particular segment; and predictive suite that allows customers to identify groups of consumers that are of critical business value. In addition, it provides personalization and action products; and orchestration products, which include Canvas, an orchestration tool that allows customers to create journeys, mapping out multi-steps, and cross-channel messaging experiences, which include onboarding flows, nurture campaigns, win-back strategies, and others; campaigns, which allow customers to send one set of single-channel or multi-channel messages to be delivered to customers in a particular user segment; event and API triggering; frequency capping and rate limiting; intelligent selection; and reporting and analytics. The company was formerly known as Appboy, Inc. and changed its name to Braze, Inc. in November 2017. Braze, Inc. was incorporated in 2011 and is headquartered in New York, New York.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 17th 2025 | BTIG Research | Resumed | Buy | $45 |
| October 1st 2025 | Wells Fargo | Initiation | Overweight | $40 |
| July 24th 2025 | Mizuho | Initiation | Outperform | $40 |
| June 3rd 2025 | Cantor Fitzgerald | Initiation | Overweight | $45 |
| March 19th 2025 | Stephens | Initiation | Overweight | $43 |
| October 31st 2024 | Macquarie | Initiation | Neutral | $30 |
| October 22nd 2024 | Stifel | Initiation | Buy | $37 |
| July 10th 2024 | Scotiabank | Upgrade | Sector Outperform | $56 |
| May 29th 2024 | Oppenheimer | Reiterated | Outperform | $60← $75 |
| March 21st 2024 | UBS | Upgrade | Buy | $62 |
| December 7th 2023 | BTIG Research | Reiterated | Buy | $75← $60 |
| October 24th 2023 | DA Davidson | Upgrade | Buy | $53← $48 |
| September 5th 2023 | Citigroup | Initiation | Buy | $60 |
| August 31st 2023 | BTIG Research | Reiterated | Buy | $50← $43 |
| May 18th 2023 | Scotiabank | Initiation | Sector Perform | $34 |
Earnings History & Surprises
BRZEEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 26, 2026 | $0.14 | — | — | — |
Q4 2025 | Dec 9, 2025 | $0.06 | $0.06 | -3.6% | ✗ MISS |
Q3 2025 | Sep 4, 2025 | $0.03 | $0.15 | +400.0% | ✓ BEAT |
Q2 2025 | Jun 5, 2025 | $0.05 | $0.07 | +52.6% | ✓ BEAT |
Q1 2025 | Mar 27, 2025 | $0.05 | $0.12 | +140.0% | ✓ BEAT |
Q4 2024 | Dec 9, 2024 | $-0.01 | $0.02 | +441.9% | ✓ BEAT |
Q3 2024 | Sep 5, 2024 | $0.02 | $0.09 | +379.7% | ✓ BEAT |
Q2 2024 | Jun 6, 2024 | $-0.10 | $-0.05 | +50.6% | ✓ BEAT |
Q1 2024 | Mar 27, 2024 | $-0.05 | $-0.04 | +20.0% | ✓ BEAT |
Q4 2023 | Dec 6, 2023 | $-0.13 | $-0.05 | +61.5% | ✓ BEAT |
Q3 2023 | Sep 7, 2023 | $-0.14 | $-0.04 | +71.4% | ✓ BEAT |
Q2 2023 | Jun 8, 2023 | $-0.18 | $-0.13 | +27.8% | ✓ BEAT |
Q1 2023 | Mar 30, 2023 | $-0.19 | $-0.14 | +26.3% | ✓ BEAT |
Q4 2022 | Dec 13, 2022 | $-0.23 | $-0.15 | +34.8% | ✓ BEAT |
Q3 2022 | Sep 12, 2022 | $-0.20 | $-0.16 | +20.0% | ✓ BEAT |
Q2 2022 | Jun 13, 2022 | $-0.21 | $-0.19 | +9.5% | ✓ BEAT |
Q1 2022 | Mar 30, 2022 | $-0.20 | $-0.18 | +10.0% | ✓ BEAT |
Q4 2021 | Dec 20, 2021 | $-0.62 | $-0.16 | +74.2% | ✓ BEAT |
Q4 2021 | Nov 18, 2021 | — | $-0.14 | — | — |
Q2 2021 | Apr 30, 2021 | — | $-0.14 | — | — |
Latest News
Braze shares are trading higher after BTIG initiated coverage on the stock with a Buy rating and announced a $45 price target.
📈 PositiveBTIG Initiates Coverage On Braze with Buy Rating, Announces Price Target of $45
📈 PositiveDA Davidson Maintains Buy on Braze, Raises Price Target to $42
📈 PositiveWells Fargo Maintains Overweight on Braze, Raises Price Target to $45
📈 PositiveCitigroup Maintains Buy on Braze, Raises Price Target to $53
📈 PositiveBraze jumps as analysts praise tech co. after strong Q3 results, outlook
📈 PositiveBarclays Maintains Overweight on Braze, Raises Price Target to $45
📈 PositiveMizuho Maintains Outperform on Braze, Raises Price Target to $50
📈 PositiveCitizens Reiterates Market Outperform on Braze, Maintains $68 Price Target
📈 PositiveCantor Fitzgerald Reiterates Overweight on Braze, Maintains $38 Price Target
📈 PositiveStifel Maintains Buy on Braze, Raises Price Target to $45
📈 PositiveBraze shares are trading higher after the company raised its FY2026 adjusted EPS and sales guidance following better-than-expected Q3 revenue.
📈 PositiveMarket-Moving News for December 10th
➖ NeutralBraze shares are trading higher after the company raised its FY2026 adjusted EPS and sales guidance following better-than-expected Q3 revenue.
📈 PositiveBraze Non-GAAP EPS of $0.06 misses by $0.01, revenue of $190.84M beats by $6.76M
➖ NeutralBraze Raises FY2026 Adj EPS Guidance from $0.41-$0.42 to $0.42-$0.43 vs $0.41 Est; Raises FY2026 Sales Guidance from $717.000M-$720.000M to $730.500M-$731.500M vs $717.702M Est
📈 PositiveBraze Sees Q4 Adj EPS $0.13-$0.14 vs $0.13 Est; Sees Sales $197.500M-$198.500M vs $192.621M Est
📈 PositiveBraze Q3 Adj. EPS $0.06, Inline, Sales $190.842M Beat $184.084M Estimate
📈 PositiveNeedham Reiterates Buy on Braze, Maintains $50 Price Target
📈 PositiveWells Fargo Initiates Coverage On Braze with Overweight Rating, Announces Price Target of $40
📈 PositiveFrequently Asked Questions about BRZE
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