BrazeBRZE
Market Cap: 4.36B
About: 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.
Employees: 1,548
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
117% more call options, than puts
Call options by funds: $31.3M | Put options by funds: $14.5M
47% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 60
4.36% more ownership
Funds ownership: 83.23% [Q4 2023] → 87.59% (+4.36%) [Q1 2024]
5% less funds holding
Funds holding: 229 [Q4 2023] → 218 (-11) [Q1 2024]
12% less capital invested
Capital invested by funds: $3.03B [Q4 2023] → $2.66B (-$374M) [Q1 2024]
20% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 55
44% less funds holding in top 10
Funds holding in top 10: 9 [Q4 2023] → 5 (-4) [Q1 2024]
Research analyst outlook
29 Wall Street Analysts provided 1 year price forecasts over the past 6 months
29 analyst ratings
Piper Sandler Brent Bracelin | 19%upside $51 | Overweight Maintained | 12 Jul 2024 |
Scotiabank Nick Altmann | 31%upside $56 | Sector Outperform Upgraded | 10 Jul 2024 |
Needham Scott Berg | 63%upside $70 | Buy Reiterated | 17 Jun 2024 |
Oppenheimer Brian Schwartz | 40%upside $60 | Outperform Maintained | 12 Jun 2024 |
Needham Scott Berg | 63%upside $70 | Buy Reiterated | 10 Jun 2024 |
Financial journalist opinion
Based on 6 articles about BRZE published over the past 30 days