Forecasting The Future: 11 Analyst Projections For Braze

Comments
Loading...

In the preceding three months, 11 analysts have released ratings for Braze BRZE, presenting a wide array of perspectives from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 7 3 1 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 0 0 0
2M Ago 4 2 1 0 0
3M Ago 1 1 0 0 0

Analysts have set 12-month price targets for Braze, revealing an average target of $49.0, a high estimate of $55.00, and a low estimate of $39.00. Highlighting a 3.75% decrease, the current average has fallen from the previous average price target of $50.91.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A comprehensive examination of how financial experts perceive Braze is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Scott Berg Needham Maintains Buy $50.00 $50.00
Scott Berg Needham Maintains Buy $50.00 $50.00
Tyler Radke Citigroup Raises Buy $51.00 $47.00
Ross Compton Macquarie Raises Neutral $39.00 $30.00
Gil Luria DA Davidson Lowers Buy $50.00 $55.00
Parker Lane Stifel Raises Buy $48.00 $37.00
Brian Schwartz Oppenheimer Maintains Outperform $51.00 $51.00
Scott Berg Needham Lowers Buy $50.00 $70.00
Brent Bracelin Piper Sandler Raises Overweight $48.00 $40.00
Michael Berg Wells Fargo Lowers Overweight $55.00 $65.00
Gabriela Borges Goldman Sachs Lowers Buy $47.00 $65.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Braze. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Braze compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Braze's stock. This analysis reveals shifts 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.

Delving into Braze's Background

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.

Understanding the Numbers: Braze's Finances

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Positive Revenue Trend: Examining Braze's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 22.67% as of 31 October, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: Braze's net margin excels beyond industry benchmarks, reaching -18.36%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -6.12%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Braze's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -3.35%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.2.

Understanding the Relevance of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!