Braze, Inc.

NasdaqGS:BRZE Stock Report

Market Cap: US$2.1b

Braze Valuation

Is BRZE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of BRZE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: BRZE ($18.99) is trading below our estimate of future cash flow value ($30.44)

Significantly Below Future Cash Flow Value: BRZE is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BRZE?

Key metric: As BRZE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BRZE. This is calculated by dividing BRZE's market cap by their current revenue.
What is BRZE's PS Ratio?
PS Ratio3.1x
SalesUS$693.41m
Market CapUS$2.14b

Price to Sales Ratio vs Peers

How does BRZE's PS Ratio compare to its peers?

The above table shows the PS ratio for BRZE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.4x
AVPT AvePoint
5.5x16.96%US$2.3b
FRSH Freshworks
2.6x13.15%US$2.2b
SPSC SPS Commerce
2.8x6.98%US$2.1b
AGYS Agilysys
6.5x13.20%US$2.0b
BRZE Braze
3.1x13.89%US$2.1b

Price-To-Sales vs Peers: BRZE is good value based on its Price-To-Sales Ratio (3.1x) compared to the peer average (4.4x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does BRZE's PS Ratio compare vs other companies in the US Software Industry?

71 CompaniesPrice / SalesEstimated GrowthMarket Cap
VYX NCR Voyix
0.4x-11.39%US$1.06b
PGY Pagaya Technologies
0.7x12.08%US$899.63m
DSP Viant Technology
0.5x13.26%US$632.45m
RPD Rapid7
0.5x-0.85%US$409.86m
BRZE 3.1xIndustry Avg. 3.3xNo. of Companies71PS03.26.49.612.816+
71 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BRZE is good value based on its Price-To-Sales Ratio (3.1x) compared to the US Software industry average (3.4x).

Price to Sales Ratio vs Fair Ratio

What is BRZE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BRZE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ratio3.7x

Price-To-Sales vs Fair Ratio: BRZE is good value based on its Price-To-Sales Ratio (3.1x) compared to the estimated Fair Price-To-Sales Ratio (3.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BRZE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$18.99
US$44.15
+132.49%
17.80%US$68.00US$29.00n/a20
Feb ’27US$20.82
US$46.20
+121.90%
13.16%US$68.00US$38.00n/a20
Jan ’27US$34.29
US$46.70
+36.19%
13.63%US$68.00US$38.00n/a20
Dec ’26US$28.33
US$44.84
+58.28%
15.67%US$68.00US$38.00n/a19
Nov ’26US$28.66
US$44.84
+56.46%
15.67%US$68.00US$38.00n/a19
Oct ’26US$28.04
US$44.84
+59.92%
15.67%US$68.00US$38.00n/a19
Sep ’26US$27.70
US$44.00
+58.84%
16.91%US$68.00US$35.00n/a18
Aug ’26US$26.20
US$45.00
+71.76%
14.98%US$68.00US$38.00n/a18
Jul ’26US$28.17
US$45.00
+59.74%
14.98%US$68.00US$38.00n/a18
Jun ’26US$36.80
US$49.95
+35.73%
17.87%US$75.00US$38.00n/a19
May ’26US$31.33
US$51.42
+64.13%
19.14%US$75.00US$38.00n/a19
Apr ’26US$36.37
US$53.26
+46.45%
15.89%US$75.00US$40.00n/a19
Mar ’26US$36.98
US$52.50
+41.97%
17.37%US$75.00US$39.00US$18.9918
Feb ’26US$45.98
US$52.50
+14.18%
17.37%US$75.00US$39.00US$20.8218
Jan ’26US$41.88
US$52.50
+25.36%
17.37%US$75.00US$39.00US$34.2918
Dec ’25US$39.72
US$51.72
+30.22%
23.21%US$75.00US$30.00US$28.3318
Nov ’25US$31.67
US$54.00
+70.51%
22.83%US$75.00US$30.00US$28.6618
Oct ’25US$32.25
US$58.71
+82.03%
14.89%US$75.00US$45.00US$28.0417
Sep ’25US$44.78
US$60.76
+35.70%
11.41%US$75.00US$51.00US$27.7017
Aug ’25US$41.88
US$61.35
+46.50%
13.09%US$80.00US$51.00US$26.2017
Jul ’25US$39.41
US$61.12
+55.08%
13.62%US$80.00US$48.00US$28.1717
Jun ’25US$37.65
US$63.59
+68.89%
11.66%US$80.00US$50.00US$36.8017
May ’25US$40.44
US$66.46
+64.34%
10.42%US$80.00US$50.00US$31.3318
Apr ’25US$42.87
US$67.91
+58.40%
8.45%US$80.00US$58.00US$36.3718
Mar ’25US$57.13
US$69.52
+21.68%
7.94%US$80.00US$60.00US$36.9818
US$44.15
Fair Value
57.0% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/01 09:48
End of Day Share Price 2026/02/27 00:00
Earnings2025/10/31
Annual Earnings2025/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Braze, Inc. is covered by 29 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raimo LenschowBarclays
Ryan MacWilliamsBarclays
Osni CarfiBTG Pactual