Braze, Inc. (BRZE)
NASDAQ: BRZE · IEX Real-Time Price · USD
40.11
+0.03 (0.07%)
At close: Jul 19, 2024, 4:00 PM
39.97
-0.14 (-0.35%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Braze Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Braze stock have an average target of 60.76, with a low estimate of 51 and a high estimate of 80. The average target predicts an increase of 51.48% from the current stock price of 40.11.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Braze stock from 17 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 8 | 8 |
| Buy | 8 | 7 | 8 | 8 | 8 | 9 |
| Hold | 2 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $55 → $51 | Buy | Maintains | $55 → $51 | +27.15% | Jul 12, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $48 → $56 | Hold → Buy | Upgrades | $48 → $56 | +39.62% | Jul 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $70 | Strong Buy | Reiterates | $70 | +74.52% | Jun 17, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $60 | Buy | Maintains | $60 | +49.59% | Jun 12, 2024 |
| Needham | Needham | Strong Buy Reiterates $70 | Strong Buy | Reiterates | $70 | +74.52% | Jun 10, 2024 |
Financial Forecast
Revenue This Year
591.50M
from 471.80M
Increased by 25.37%
Revenue Next Year
713.87M
from 591.50M
Increased by 20.69%
EPS This Year
-0.07
from -1.32
EPS Next Year
0.22
from -0.07
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 611.4M | 750.9M | 919.8M |
| Avg | 591.5M | 713.9M | 874.3M |
| Low | 566.0M | 666.6M | 824.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.6% | 26.9% | 28.8% |
| Avg | 25.4% | 20.7% | 22.5% |
| Low | 20.0% | 12.7% | 15.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.03 | 0.38 | 0.73 |
| Avg | -0.07 | 0.22 | 0.65 |
| Low | -0.08 | 0.02 | 0.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 238.0% |
| Avg | - | - | 200.2% |
| Low | - | - | 148.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.