Bulls vs Bears
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Braze Inc has a consensus price target of $54.5 based on the ratings of 20 analysts. The high is $75 issued by Loop Capital on September 24, 2024. The low is $30 issued by Macquarie on October 31, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Macquarie, and JP Morgan on November 12, 2024, October 31, 2024, and October 25, 2024, respectively. With an average price target of $41.33 between Goldman Sachs, Macquarie, and JP Morgan, there's an implied 14.66% upside for Braze Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Braze (NASDAQ:BRZE) was reported by Goldman Sachs on November 12, 2024. The analyst firm set a price target for $47.00 expecting BRZE to rise to within 12 months (a possible 30.37% upside). 57 analyst firms have reported ratings in the last year.
The latest analyst rating for Braze (NASDAQ:BRZE) was provided by Goldman Sachs, and Braze maintained their buy rating.
The last upgrade for Braze Inc happened on July 10, 2024 when Scotiabank raised their price target to $56. Scotiabank previously had a sector perform for Braze Inc.
The last downgrade for Braze Inc happened on March 17, 2023 when UBS changed their price target from $40 to $35 for Braze Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Braze, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Braze was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Braze (BRZE) rating was a maintained with a price target of $65.00 to $47.00. The current price Braze (BRZE) is trading at is $36.05, which is out of the analyst’s predicted range.
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