Braze (BRZE) Stock Overview
Operates a customer engagement platform that provides interactions between consumers and brands worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
BRZE Community Fair Values
Create NarrativeSee what 27 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Braze, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.43 |
| 52 Week High | US$37.33 |
| 52 Week Low | US$15.26 |
| Beta | 0.88 |
| 1 Month Change | -21.35% |
| 3 Month Change | 26.84% |
| 1 Year Change | -25.18% |
| 3 Year Change | -46.75% |
| 5 Year Change | n/a |
| Change since IPO | -73.84% |
Recent News & Updates
Narrative Update • Sep 17
BRZE: Future Upside Will Depend On Sustaining AI Adoption Tailwinds
Analysts have nudged their fair value estimate for Braze up from $27.00 to $30.00, citing stronger confidence in the company's competitive position, AI adoption trends, and bookings durability, as reflected in recent price target updates across the Street. Analyst Commentary Street research on Braze has been broadly constructive, with several firms lifting price targets and highlighting factors such as AI adoption, customer bookings and competitive positioning.Seeking Alpha • Sep 09
Braze: Growth At A Very Reasonable Price, Especially Amid Guidance Boost
Summary Braze remains a compelling 'growth at a reasonable price' play, especially after a post-earnings selloff despite strong Q2 results. BRZE raised FY27 revenue guidance to $910–$913M (23–24% y/y growth), reflecting robust AI-driven product adoption and upmarket enterprise expansion. Valuation is attractive at 2.5x–2.9x forward EV/revenue, well below SaaS peers with similar growth, supporting a reiterated buy rating. Risks include intense competition from larger AI-enabled platforms like Salesforce and potential macro-driven demand softness, but these are priced in below 3x revenue. Read the full article on Seeking Alpha
Narrative Update • Sep 03
BRZE: AI Decisioning And Bookings Execution Will Shape Future Multiple Potential
Analysts have lifted the fair value estimate for Braze to $36.25 from $34.40. They point to updated targets around $38 to $40 that reflect expectations for solid Q2 results, growing use of its Decisioning Studio and AI driven decisioning tools, and potential improvement in free cash flow margins as the business scales.Recent updates
Narrative Update • Sep 17
BRZE: Future Upside Will Depend On Sustaining AI Adoption Tailwinds
Analysts have nudged their fair value estimate for Braze up from $27.00 to $30.00, citing stronger confidence in the company's competitive position, AI adoption trends, and bookings durability, as reflected in recent price target updates across the Street. Analyst Commentary Street research on Braze has been broadly constructive, with several firms lifting price targets and highlighting factors such as AI adoption, customer bookings and competitive positioning.Seeking Alpha • Sep 09
Braze: Growth At A Very Reasonable Price, Especially Amid Guidance Boost
Summary Braze remains a compelling 'growth at a reasonable price' play, especially after a post-earnings selloff despite strong Q2 results. BRZE raised FY27 revenue guidance to $910–$913M (23–24% y/y growth), reflecting robust AI-driven product adoption and upmarket enterprise expansion. Valuation is attractive at 2.5x–2.9x forward EV/revenue, well below SaaS peers with similar growth, supporting a reiterated buy rating. Risks include intense competition from larger AI-enabled platforms like Salesforce and potential macro-driven demand softness, but these are priced in below 3x revenue. Read the full article on Seeking AlphaNarrative Update • Sep 03
BRZE: AI Decisioning And Bookings Execution Will Shape Future Multiple Potential
Analysts have lifted the fair value estimate for Braze to $36.25 from $34.40. They point to updated targets around $38 to $40 that reflect expectations for solid Q2 results, growing use of its Decisioning Studio and AI driven decisioning tools, and potential improvement in free cash flow margins as the business scales.Narrative Update • Jun 23
BRZE: AI Momentum And Replacement Cycles Will Support Future Multiple Rebound
The updated analyst price target for Braze reflects a modest trim of fair value, with the model shifting from about $34.85 to $34.40 as analysts factor in slightly higher discount rates and more conservative growth and margin assumptions, even as they highlight solid earnings, strong fundamentals, and growing AI product momentum. Analyst Commentary Street research on Braze points to a mixed but generally constructive view, with most firms trimming price targets while still citing solid execution, healthy fundamentals, and growing traction in AI offerings.
Narrative Update • Jun 07
BRZE: AI Adoption And Legacy Replacements Will Support Future Re Rating
Analysts have trimmed their price targets on Braze, helping drive a reset in the modeled fair value from about $59.36 to $47.41 as they factor in recent multiple compression, updated growth and margin assumptions, and ongoing AI related sector risks, alongside continued AI product traction and solid reported fundamentals. Analyst Commentary Recent research on Braze points to a mixed but generally constructive backdrop, where trimmed price targets sit alongside continued confidence in the company’s execution, AI product uptake, and bookings trends.Narrative Update • May 24
BRZE: Replacement Cycles And AI Tools Will Drive Future Multiple Expansion
The analyst price target for Braze has shifted modestly as the house view moves to $34.85 from $34.95. This reflects a mix of recent target cuts and smaller increases on the Street, where analysts cite changing assumptions around AI risk, revenue growth, margins, and future P/E multiples.Narrative Update • May 06
BRZE: Replacement Cycles And New AI Tools Will Support Future Upside
Analysts have adjusted their average price targets on Braze by a wide range, with several cuts of $3 to $33 partly offset by smaller $1 to $5 increases, as they factor in AI disruption risk and updated views on the company's fundamentals and valuation. Analyst Commentary Recent research on Braze shows a cluster of target cuts, with a smaller group of upward revisions, as analysts recalibrate for AI disruption risk and reassess what they are willing to pay for the stock.Narrative Update • Apr 21
BRZE: Future Upside Will Hinge On Executing AI Risk And Guidance
The analyst price target for Braze has been revised to $27.00 from $29.00, as analysts incorporate slightly softer revenue growth and profit margin assumptions into their models, despite mixed individual firm target changes across recent research updates. Analyst Commentary Recent research on Braze reflects a mixed but increasingly cautious tone, with several bearish analysts reducing their price targets, while a smaller group made modest upward revisions.Narrative Update • Apr 07
BRZE: Replacement Cycle Trends Will Offset AI Disruption Concerns
The updated analyst price target for Braze moves to $34.95 from $40.50 as analysts broadly recalibrate their models following a series of Street target cuts and a few smaller upward revisions, reflecting views on sector risk and AI related disruption. Analyst Commentary Recent research updates on Braze show a mix of cautious recalibrations and smaller upward revisions, with most firms trimming price targets and a few lifting them by modest amounts.Narrative Update • Mar 23
BRZE: Replacement Cycle Strength Will Counter AI Disruption Risk
Analysts have trimmed the average price target on Braze from about $46.70 to $40.50, citing sector wide recalibration around AI disruption risk, while also pointing to supportive replacement cycle trends and room for valuation multiple expansion. Analyst Commentary Recent research on Braze reflects a reset in expectations, with several firms trimming price targets while still highlighting areas of potential strength and risk.Narrative Update • Mar 09
BRZE: Future Upside Will Rely On Executing New Long Term Guidance
The analyst price target for Braze has been reduced from about $30.86 to $29.00, as analysts factor in updated assumptions on discount rates, revenue growth, profit margins, and future P/E following recent target cuts from several research firms. Analyst Commentary Recent Street research on Braze points to a more cautious mood, with several bearish analysts cutting their price targets and calling out a less generous backdrop for valuation assumptions.Narrative Update • Feb 23
BRZE: Future Upside Will Rely On Executing AI Partnership With Google Cloud
The consolidated analyst price target for Braze has been reduced by $0.43. Analysts generally cite updated assumptions on growth, margins, and future P/E expectations following recent price target cuts from multiple firms.Narrative Update • Feb 09
BRZE: Future Upside Will Depend On AI Partnership Execution
Analysts have trimmed their price targets on Braze, with the implied fair value in our framework moving from about $38.00 to roughly $31.29 as they factor in updated assumptions for growth, profitability and future P/E multiples. Analyst Commentary Recent Street research has tilted more cautious on Braze, with multiple bearish analysts revisiting their assumptions and trimming price targets in quick succession.Narrative Update • Jan 24
BRZE: Higher Fair Value Will Rely On Upcoming AI Partnership Execution
Analysts have increased their fair value estimate for Braze from US$35.00 to US$38.00, reflecting updated assumptions for revenue growth, profit margins, the discount rate, and a higher future P/E multiple. What's in the News Braze issued earnings guidance for the fiscal fourth quarter ending January 31, 2026, with expected revenue in the range of US$197.5 million to US$198.5 million (Corporate Guidance).Narrative Update • Jan 09
BRZE: Gen AI Pilots And 2026 Budgets Will Drive Top Pick Upside
Analysts keep their fair value estimate for Braze steady at US$46.70. This highlights ongoing confidence in its role within customer engagement software and expected monetization of Gen AI features based on recent research and customer feedback.Narrative Update • Dec 26
BRZE: Gen AI Customer Engagement Is Expected To Drive Top Pick Upside
Analysts have slightly trimmed their price target on Braze to approximately $46.70 from about $47.06, citing a modestly lower valuation multiple, even as they highlight strengthening profit margin potential and long term upside from Gen AI driven customer engagement demand. Analyst Commentary Bullish analysts point to Braze's positioning in customer engagement software as a key beneficiary of Gen AI adoption, arguing that its platform is well suited to help enterprises monetize new AI driven capabilities and justify premium pricing over time.Analysis Article • Dec 18
Braze, Inc. (NASDAQ:BRZE) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Braze, Inc. ( NASDAQ:BRZE ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...Narrative Update • Dec 12
BRZE: Gen AI Monetization Is Expected To Drive Customer Engagement Upside
Analysts have nudged their fair value estimate for Braze higher from $45.11 to $47.06, citing its positioning as a leading beneficiary of Gen AI monetization in customer engagement software and its resilience amid AI related competitive headlines across front office marketing tools. Analyst Commentary Bullish analysts highlight Braze as a prime way to gain exposure to Gen AI monetization in customer engagement, with recent research pointing to strong early adoption signals and a supportive competitive backdrop.Narrative Update • Sep 19
OfferFit Integration And Shopify Expansion Will Open New Markets
Braze’s consensus price target has increased to $45.11 on the back of accelerating revenue and cRPO growth, improved margins, robust guidance, and management’s positive outlook—despite sector valuation concerns—reflecting analysts’ greater confidence in the company’s execution and prospects. Analyst Commentary Bullish analysts cite Braze's Q2 earnings beat, with revenue and cRPO growth accelerating and significant margin expansion, as evidence of strong execution and improved outlook.Analysis Article • Sep 09
Subdued Growth No Barrier To Braze, Inc. (NASDAQ:BRZE) With Shares Advancing 28%
Braze, Inc. ( NASDAQ:BRZE ) shareholders would be excited to see that the share price has had a great month, posting a...Narrative Update • Sep 04
OfferFit Integration And Shopify Expansion Will Open New Markets
Braze’s consensus price target was revised slightly downward to $43.72 as analysts cite reduced sector multiples and ongoing AI uncertainties despite stable demand and growth, reflecting a modest recalibration of fair value. Analyst Commentary Channel checks indicate solid end demand, but sector valuation support remains questionable amid Q2 off-cycle software earnings.Analysis Article • May 16
Optimistic Investors Push Braze, Inc. (NASDAQ:BRZE) Shares Up 25% But Growth Is Lacking
Those holding Braze, Inc. ( NASDAQ:BRZE ) shares would be relieved that the share price has rebounded 25% in the last...Analysis Article • Apr 25
A Look At The Fair Value Of Braze, Inc. (NASDAQ:BRZE)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Braze fair value estimate is US$36.75 Braze's US$30.33 share...Seeking Alpha • Apr 13
Braze: AI Acquisition Helps, But Avoid During Downturn
Summary Braze's revenue growth has been decelerating, partially due to increased customer churn and lower net retention metrics. The macroeconomic environment and potential slowdown in consumer confidence could lead companies to reduce marketing spend, impacting Braze's business. Braze's recent acquisition of OfferFit may temporarily lower margins, adding to the uncertainty around future growth and profitability. Given the current market conditions and Braze's decelerating growth, it is advisable for investors to wait for better entry points before buying. Read the full article on Seeking Alpha
New Narrative • Mar 20
AI-Powered Project Catalyst Will Personalize Customer Engagement At Scale
AI-driven advancements and legacy vendor replacement are expected to boost Braze's market share and positively impact revenue growth.Seeking Alpha • Mar 11
Braze: Undervalued And Enabling A Secular Trend
Summary My reverse DCF analysis shows Braze is considerably undervalued, even accounting for strong dilution and low P/S in the future. Braze’s fast-to-deploy, no-code solution enhances customer engagement across multiple channels, offering measurable ROI and ease of use. Despite lower gross margins compared to Klaviyo, Braze outperforms in GP/EC due to a lighter balance sheet. Braze’s AI-driven innovations, like Project Catalyst, optimize customer engagement, enhancing lifetime value and revenue, making it a strong buy. Read the full article on Seeking AlphaAnalysis Article • Mar 01
Subdued Growth No Barrier To Braze, Inc.'s (NASDAQ:BRZE) Price
With a price-to-sales (or "P/S") ratio of 6.8x Braze, Inc. ( NASDAQ:BRZE ) may be sending bearish signals at the...Seeking Alpha • Jan 26
Braze: Growth Rates Are Stabilizing, Which May Catalyze A Broader Rebound
Summary I recommend Braze as a buy due to its strong rebound potential, despite a 20% stock decline and challenging macroeconomic conditions affecting IT budgets. Braze's marketing intelligence platform centralizes data for targeted campaigns, with notable clients like The Gap, Peloton, and DraftKings, competing against Salesforce and Adobe. Despite decelerating revenue growth and a slipping net retention rate, Braze shows progress toward profitability with improved operating margins and stabilizing revenue deceleration. Trading at a discount compared to peers, Braze's 20%+ growth rates and 7x revenue multiple present an appealing investment opportunity amidst broader market recovery. Read the full article on Seeking AlphaSeeking Alpha • Dec 11
Braze: Remain Optimistic On The Growth Outlook
Summary I maintain a buy rating for BRZE, driven by strong 3Q25 performance, improved billings, and cRPO metrics, indicating robust growth potential. Key growth drivers include higher adoption of premium message channels, upcoming demand from legacy marketing cloud replacements, and Project Catalyst's future impact. Despite a decline in DBNRR, signs of stabilization and potential improvement from premium messaging and post-ZIRP cohorts support optimism. Read the full article on Seeking AlphaAnalysis Article • Dec 01
Braze, Inc.'s (NASDAQ:BRZE) Shares Climb 25% But Its Business Is Yet to Catch Up
Those holding Braze, Inc. ( NASDAQ:BRZE ) shares would be relieved that the share price has rebounded 25% in the last...Analysis Article • Oct 16
Should You Think About Buying Braze, Inc. (NASDAQ:BRZE) Now?
Braze, Inc. ( NASDAQ:BRZE ), is not the largest company out there, but it received a lot of attention from a...Seeking Alpha • Oct 11
Braze: A Contrarian Call To Buy The Shares In The Autumn Of Their Discontent
Summary Braze shares have seen significant valuation compression, presenting a potential buying opportunity at an EV/S ratio of 4.3X, despite strong operational performance. The company is focusing on enterprise sales, leveraging its comprehensive customer engagement platform, and I expect a return to mid-20% revenue growth or higher. Braze's path to profitability is accelerating, with improvements in operating margins and free cash flow, despite a challenging macro environment. While lacking a visible short-term catalyst, Braze's dominant position in a high-growth space suggests potential for significant long-term returns. Braze has a strong competitive position with a significant moat based on its technology and its reference accounts. Read the full article on Seeking AlphaShareholder Returns
| BRZE | US Software | US Market | |
|---|---|---|---|
| 7D | -4.6% | -0.3% | -0.1% |
| 1Y | -25.2% | -11.6% | 11.9% |
Return vs Industry: BRZE underperformed the US Software industry which returned -11.6% over the past year.
Return vs Market: BRZE underperformed the US Market which returned 11.9% over the past year.
Price Volatility
| BRZE volatility | |
|---|---|
| BRZE Average Weekly Movement | 11.0% |
| Software Industry Average Movement | 9.4% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: BRZE's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: BRZE's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 1,988 | Bill Magnuson | www.braze.com |
Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide. It 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 to import or export data or to trigger workflows between Braze and brands’ existing technology stacks; Partner Data Integrations, that allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; Braze Cloud Data Ingestion that offers direct connections to cloud services and data warehouses, marketing, product, and growth teams; Braze Currents to stream data in real time; and Snowflake Data Sharing to track and store data. It also provides segmentation that 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 predictive suite that allows customers to identify groups of consumers that are of critical business value.
Braze, Inc. Fundamentals Summary
| BRZE fundamental statistics | |
|---|---|
| Market cap | US$2.77b |
| Earnings (TTM) | -US$113.05m |
| Revenue (TTM) | US$834.24m |
3.3x
P/S Ratio-24.5x
P/E RatioIs BRZE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BRZE income statement (TTM) | |
|---|---|
| Revenue | US$834.24m |
| Cost of Revenue | US$281.16m |
| Gross Profit | US$553.08m |
| Other Expenses | US$666.13m |
| Earnings | -US$113.05m |
Last Reported Earnings
Jul 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.00 |
| Gross Margin | 66.30% |
| Net Profit Margin | -13.55% |
| Debt/Equity Ratio | 0% |
How did BRZE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 07:41 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/07/31 |
| Annual Earnings | 2026/01/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 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 27 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Raimo Lenschow | Barclays |
| "Raimo Lenschow | Barclays |
| Ryan MacWilliams | Barclays |