BRZE stock icon

Braze
BRZE

$42.90
3.1%

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 29 analysts
0
News positive %
of 6 articles

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

Low target
$48
12%
upside
Avg. target
$61
43%
upside
High target
$75
75%
upside

29 analyst ratings

27 positive
93%
neutral
7%
negative
0%
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