Braze, Inc BRZE Stock Price Today, Quote & News

Your website https://1investing.in/ and usage is governed by the applicable Terms and Conditions & Privacy Policy. As of July 2021, Braze had more than 1,000 global customers and in the last three years, the company claims that the scale of its platform has grown substantially. Braze claims that it has the potential to stay on top of the customer engagement evolution. The company claims that it can maintain this leadership position due to its teamwork and strategies.

In the past three months, Braze insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $157,347.00 in company stock. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes.

Its application combines messaging, audience segmentation, analytics and user support in a single integrated solution. The firm offers push notifications, email, in-app messages, and news feed services. The company was founded by Mark Ghermezian, William Magnuson, and Jonathan Hyman in 2011 and is headquartered in New York, NY.

Legal & General Group Plc grew its holdings in Braze by 4.3% in the 4th quarter. Legal & General Group Plc now owns 8,303 shares of the company’s stock valued at $227,000 after buying an additional 340 shares during the period. Finally, Morgan Stanley grew its holdings in Braze by 21.4% in the 4th quarter. Morgan Stanley now owns 4,992,683 shares of the company’s stock valued at $136,200,000 after buying an additional 880,451 shares during the period. 44.13% of the stock is owned by institutional investors and hedge funds. Real-time analyst ratings, insider transactions, earnings data, and more.

BRZE’s trailing-12-month dollar-based net retention rate for all its customers stood at 125% as of July 31, 2021. Its cross-channel approach and data streaming architecture give it a unique edge over its peers. However, BRZE has stated in its prospectus that investing in its class A stock involves substantial risk. Thus, we think investors should wait until the company’s market share and profit margins improve before investing in the stock.

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The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68. While BRZE has a C rating in our proprietary rating system, one might want to consider looking at its industry peers, Open Text Corporation , Progress Software Corporation , and National Instruments Corporation , which have an A rating. However, its loss from operations widened 18.9% from its year-ago value to $10.45 million. And its net loss widened 2.7% from the prior-year quarter to $9.06 million. Join thousands of traders who make more informed decisions with our premium features.

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Short interest in Braze has recently increased by 22.97%, indicating that investor sentiment is decreasing significantly. Please log in to your account or sign up in order to add this asset to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign Up NowGet this delivered to your inbox, and more info about our products and services. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Braze Launches Next Generation Canvas Flow Tool to Help Brands Create Dynamic Cross-Channel Campaigns

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Braze – BRZE Price Target & Analyst Ratings

Volatility was left at 5.57%, however, over the last 30 days, the volatility rate increased by 6.56%, as shares surge +7.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.48% upper at present. According to analysts, Braze’s stock has a predicted upside of 31.35% based on their 12-month price targets.

In addition, Braze Inc. saw 30.39% in overturn over a single year, with a tendency to cut further gains. DA Davidson, on the other hand, stated in their research note that they expect to see BRZE reach a price target of $34. The rating they have provided for BRZE stocks is “Neutral” according to the report published on February 17th, 2023. In terms of forward EV/Sales, BRZE is currently trading at 30.94x, which is 631.5% higher than the 4.23x industry average. Its 30.50 forward Price/Sales multiple is 638.1% higher than the 4.13 industry average. In addition, the stock’s 5.94 forward Price/Book ratio is slightly higher than the 5.92 industry average.

When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company. The chart below shows how a company’s ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. Options trading entails significant risk and is not appropriate for all investors.

President & Chief Customer Officer notifies of intention to sell stock

One share of BRZE stock can currently be purchased for approximately $34.35. Sign-up to receive the latest news and ratings for Braze and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of Braze is -23.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. High institutional ownership can be a signal of strong market trust in this company. MarketBeat has tracked 10 news articles for Braze this week, compared to 4 articles on an average week.

Sectoral breakdown of the latest in business, stock markets and economy. Beyond what we have stated above, we have also rated BRZE for Sentiment, Stability, and Value. Of 169 stocks in the F-rated Software – Application industry, BRZE is ranked #81. And it’s about to change everything we know about everything. According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow.

• That means your assets are protected up to $500,000 in value, including $250,000 in any cash awaiting reinvestment.
• Cowen reduced their price target on shares of Braze from $47.00 to $44.00 in a research note on Wednesday, December 14th.
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• Braze claims that it has the potential to stay on top of the customer engagement evolution.

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Business Summary

Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an «uptick» in price and the value of trades made on a «downtick» in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades.

Finally, Barclays cut their price target on shares of Braze from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, December 14th. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $41.00.

• The platform allows global brands to process customer data in real-time, thereby allowing them to develop contextually relevant, cross-channel marketing campaigns.
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• Legal & General Group Plc grew its holdings in Braze by 4.3% in the 4th quarter.
• The figures also indicate that as of Jan 30, 2023, number of stock’s short shares was 2.64 million which implies a short ratio of 4.8.

Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company was formerly known as Appboy, Inc. and changed its name to Braze, Inc. in November 2017. Braze, Inc. was incorporated in 2011 and is headquartered in New York, New York. Further, it offers personalization products, such as liquid templating platform, connected content platform, content blocks, intelligent timing platform, and promotion codes; and action products. Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. Braze, Inc. is a provider of customer engagement platform that enables customer-centric interactions between consumers and brands.