BRZE stock icon

Braze
BRZE

$37.56
3.67%
 

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 6,689 funds
0
Analysts bullish %
of 26 analysts
0
News positive %
of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

73% more call options, than puts

Call options by funds: $20.6M | Put options by funds: $12M

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

26 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$48
28%
upside
Avg. target
$62
64%
upside
High target
$75
100%
upside

26 analyst ratings

24 positive
92%
neutral
8%
negative
0%
Oppenheimer
Brian Schwartz
60%upside
$60
Outperform
Maintained
12 Jun 2024
Needham
Scott Berg
86%upside
$70
Buy
Reiterated
10 Jun 2024
Citigroup
Tyler Radke
54%upside
$58
Buy
Maintained
7 Jun 2024
JMP Securities
Patrick Walravens
81%upside
$68
Market Outperform
Reiterated
7 Jun 2024
Raymond James
Brian Peterson
46%upside
$55
Outperform
Maintained
7 Jun 2024

Financial journalist opinion

Based on 9 articles about BRZE published over the past 30 days