Braze (BRZE): A Deep Dive into Institutional Investment and Market Sentiment
Braze, Inc. (NASDAQ: BRZE) has been attracting attention from institutional investors and market analysts alike. This article provides a comprehensive overview of recent investment activity, analyst ratings, and key financial performance indicators for the customer engagement platform provider.
Institutional Investment Trends
JPMorgan Chase & Co. recently increased its stake in Braze by 6.0% during the third quarter, now holding 2,455,367 shares valued at approximately $69.83 million. This move signals growing confidence in Braze’s potential.
Other significant institutional investors have also been adjusting their positions:
- SBI Securities Co. Ltd. increased its stake by 173.3% during the second quarter, now owning $39,000 worth of Braze stock.
- Osaic Holdings Inc. boosted its holdings by 821.1% in the second quarter, acquiring $44,000 worth of shares.
- Covestor Ltd grew its position by 35.7% in the third quarter, now holding $82,000 in Braze stock.
- State of Alaska Department of Revenue initiated a new stake worth $119,000 during the third quarter.
- Quent Capital LLC also established a new position in Braze during the third quarter, valued at $133,000.
Currently, institutional investors collectively own 90.47% of Braze’s outstanding shares, demonstrating strong institutional support.
Stock Performance and Financial Highlights
As of Wednesday, Braze stock opened at $17.32. The stock’s 52-week range is $15.26 to $43.89. Its 50-day moving average is $25.75, and the 200-day moving average is $27.60. The company’s market capitalization stands at $1.94 billion, with a price-to-earnings (P/E) ratio of -15.75 and a beta of 1.07.
Recent Earnings Report
Braze reported its quarterly earnings on December 9th, announcing $0.06 earnings per share (EPS), meeting analyst expectations. While the return on equity was negative at -17.87% and the net margin at -16.85%, revenue reached $190.84 million for the quarter, slightly below the estimated $198.25 million. Revenue increased by 25.5% compared to the same quarter last year. The company’s FY 2026 guidance is set at 0.420-0.430 EPS, with Q4 2026 guidance at 0.130-0.140 EPS.
Analyst Ratings and Price Targets
Analysts maintain a generally positive outlook on Braze. Here’s a snapshot of recent ratings:
- Stifel Nicolaus set a $40.00 price target.
- Weiss Ratings reiterated a “sell” rating.
- Cantor Fitzgerald restated an “overweight” rating with a $38.00 price objective.
- Citizens Jmp reaffirmed a “market outperform” rating and issued a $68.00 target price.
- Wolfe Research upgraded shares to an “overweight” rating.
The consensus rating for Braze is “Moderate Buy,” with an average price target of $44.30. The breakdown of ratings includes one Strong Buy, twenty Buy, one Hold, and one Sell.
Insider Activity
Recent insider trading activity shows that General Counsel Susan Wiseman sold 4,167 shares, and CEO William Magnuson sold 26,413 shares. In the last three months, insiders have sold a total of 66,216 shares worth $1,225,772. Insiders currently own 18.20% of the company’s stock.
About Braze
Braze, Inc. is a leading customer engagement platform that helps brands build personalized relationships with their users. Founded in 2011, the company’s cloud-based platform integrates various messaging channels – push notifications, in-app messages, email, and SMS – to deliver targeted communications at scale. Its core functionality revolves around data-driven segmentation, customer journey orchestration, and real-time analytics.
Disclaimer: This information is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
