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I recommend Braze as a buy due to its strong rebound potential, despite a 20% stock decline and challenging macroeconomic conditions affecting IT budgets. Braze's marketing intelligence platform centralizes data for targeted campaigns, with notable clients like The Gap, Peloton, and DraftKings, competing against Salesforce and Adobe. Despite decelerating revenue growth and a slipping net retention rate, Braze shows progress toward profitability with improved operating margins and stabilizing revenue deceleration.
From a technical perspective, Braze, Inc. (BRZE) is looking like an interesting pick, as it just reached a key level of support. BRZE's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Braze shares have seen significant valuation compression, presenting a potential buying opportunity at an EV/S ratio of 4.3X, despite strong operational performance. The company is focusing on enterprise sales, leveraging its comprehensive customer engagement platform, and I expect a return to mid-20% revenue growth or higher. Braze's path to profitability is accelerating, with improvements in operating margins and free cash flow, despite a challenging macro environment.
Braze (BRZE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
After losing some value lately, a hammer chart pattern has been formed for Braze (BRZE), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
NEW YORK--(BUSINESS WIRE)--Forge 2024—Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today unveiled new product innovations designed to help marketers craft and optimize one-to-one personalized experiences at its annual customer conference, Forge 2024. With 10+ years of continued innovation in AI, Braze offers a range of BrazeAI™ features to help marketers experiment and create customer experiences more quickly and effectively. Th.
NEW YORK--(BUSINESS WIRE)--Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, is opening applications for the fifth cohort of its Tech for an Equitable Future product grant program and announcing its first-ever partnership for the program with BET+, a premium streaming entertainment service. Applications are being accepted for the Tech for an Equitable Future product grant program now through Jan. 17, 2025. The Tech for an Equitable F.
The heavy selling pressure might have exhausted for Braze (BRZE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Braze, Inc. (NASDAQ:BRZE ) Q2 2025Earnings Conference Call September 5, 2024 4:30 PM ET Company Participants Christopher Ferris - Head of IR Bill Magnuson - Co-Founder and CEO Isabelle Winkles - CFO Conference Call Participants Ryan MacWilliams - Barclays Pinjalim Bora - JPMorgan Gabriela Borges - Goldman Sachs Arjun Bhatia - William Blair DJ Hynes - Canaccord Genuity Ashley Kim - Citi Scott Berg - Needham & Company Brent Bracelin - Piper Sandler Derrick Wood - TD Cowen Nick Altmann - Scotiabank Brian Peterson - Raymond James Matt VanVliet - BTIG Michael Berg - Wells Fargo Yun Kim - Loop Capital Markets Taylor McGinnis - UBS Operator Welcome to the Braze Fiscal Second Quarter 2025 Earnings Conference Call. My name is Leila and I'll be your operator for today's call.
Braze, Inc. (BRZE) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.04 per share a year ago.