Ratings for Braze BRZE were provided by 14 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 6 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 5 | 3 | 0 | 0 | 0 |
| 2M Ago | 2 | 3 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $58.29, along with a high estimate of $75.00 and a low estimate of $37.00. Highlighting a 8.81% decrease, the current average has fallen from the previous average price target of $63.92.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Braze among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Parker Lane | Stifel | Announces | Buy | $37.00 | - |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $40.00 | $51.00 |
| Taylor McGinnis | UBS | Lowers | Buy | $51.00 | $56.00 |
| Gil Luria | DA Davidson | Lowers | Buy | $55.00 | $65.00 |
| J. Derrick Wood | TD Cowen | Lowers | Buy | $45.00 | $52.00 |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $68.00 | $68.00 |
| Yun Kim | Loop Capital | Maintains | Buy | $75.00 | $75.00 |
| Brian Schwartz | Oppenheimer | Lowers | Outperform | $51.00 | $60.00 |
| Scott Berg | Needham | Maintains | Buy | $70.00 | $70.00 |
| Gil Luria | DA Davidson | Maintains | Buy | $65.00 | $65.00 |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $68.00 | $68.00 |
| Scott Berg | Needham | Maintains | Buy | $70.00 | $70.00 |
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $51.00 | $51.00 |
| Ryan Macwilliams | Barclays | Lowers | Overweight | $70.00 | $80.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Braze. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Braze compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Braze's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Braze's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Braze analyst ratings.
About Braze
Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries. The company offers a single, vertically integrated platform that encompasses the various functionalities, or layers, required for modern customer engagement: data ingestion, classification, orchestration, personalization, and action, all of which is supported by Sage AI by Braze, its AI engine designed to power AI functionality across all layers of this stack. It generates a majority of its revenue from the United States.
Unraveling the Financial Story of Braze
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Braze's remarkable performance in 3 months is evident. As of 31 July, 2024, the company achieved an impressive revenue growth rate of 26.4%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Braze's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -15.81%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Braze's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -5.17%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Braze's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -2.8%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Braze's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.19.
Analyst Ratings: Simplified
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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