Braze (NASDAQ:BRZE) Updates FY 2025 Earnings Guidance

Braze (NASDAQ:BRZE) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 0.100-0.110 for the period, compared to the consensus earnings per share estimate of 0.070. The company issued revenue guidance of $588.0 million-$589.0 million, compared to the consensus revenue estimate of $584.4 million. Braze also updated its Q4 guidance to $0.05-0.06 EPS.

Braze Trading Up 0.8 %

Braze stock traded up $0.34 during mid-day trading on Monday, reaching $41.80. The company’s stock had a trading volume of 2,763,884 shares, compared to its average volume of 1,069,105. The business has a 50 day moving average price of $34.10 and a 200-day moving average price of $37.25. Braze has a twelve month low of $29.18 and a twelve month high of $61.53. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of -35.42 and a beta of 1.15.

Braze (NASDAQ:BRZE) last issued its quarterly earnings data on Thursday, September 5th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.12. The firm had revenue of $145.50 million during the quarter, compared to the consensus estimate of $141.32 million. Braze had a negative return on equity of 25.89% and a negative net margin of 22.01%. The firm’s revenue was up 26.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.30) EPS. On average, equities analysts expect that Braze will post -1.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on BRZE shares. Oppenheimer cut their target price on Braze from $60.00 to $51.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 24th. Barclays reduced their price objective on shares of Braze from $80.00 to $70.00 and set an “overweight” rating for the company in a report on Monday, August 26th. JPMorgan Chase & Co. lowered their target price on shares of Braze from $55.00 to $47.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Loop Capital reaffirmed a “buy” rating and issued a $75.00 price target on shares of Braze in a research note on Tuesday, September 24th. Finally, JMP Securities reiterated a “market outperform” rating and set a $68.00 price objective on shares of Braze in a research note on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and nineteen have given a buy rating to the company. According to data from MarketBeat, Braze presently has an average rating of “Moderate Buy” and a consensus target price of $53.95.

Insider Buying and Selling

In other Braze news, major shareholder Roger H. Lee sold 56,830 shares of the firm’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $30.27, for a total transaction of $1,720,244.10. Following the completion of the sale, the insider now directly owns 56,830 shares in the company, valued at approximately $1,720,244.10. This trade represents a 50.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Isabelle Winkles sold 4,500 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $32.12, for a total value of $144,540.00. Following the completion of the transaction, the chief financial officer now owns 216,208 shares in the company, valued at $6,944,600.96. This represents a 2.04 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 113,979 shares of company stock valued at $3,688,914. 24.03% of the stock is owned by corporate 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.