Braze, Inc. (BRZE)
NASDAQ: BRZE · IEX Real-Time Price · USD
41.90
-1.34 (-3.10%)
At close: Apr 30, 2024, 4:00 PM
41.04
-0.86 (-2.05%)
After-hours: Apr 30, 2024, 6:52 PM EDT
Braze Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Braze stock have an average target of 63.38, with a low estimate of 50 and a high estimate of 80. The average target predicts an increase of 51.26% from the current stock price of 41.90.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Braze stock from 16 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Buy | 8 | 8 | 8 | 8 | 7 | 7 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 17 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $65 → $50 | Strong Buy | Maintains | $65 → $50 | +19.33% | Apr 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $66 | Buy | Maintains | $66 | +57.52% | Apr 5, 2024 |
| Raymond James | Raymond James | Buy Maintains $75 → $65 | Buy | Maintains | $75 → $65 | +55.13% | Mar 28, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $68 → $65 | Strong Buy | Maintains | $68 → $65 | +55.13% | Mar 28, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $65 | Strong Buy | Maintains | $65 | +55.13% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
585.68M
from 471.80M
Increased by 24.14%
Revenue Next Year
709.31M
from 585.68M
Increased by 21.11%
EPS This Year
-0.09
from -1.32
EPS Next Year
0.23
from -0.09
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 611.8M | 746.7M | 936.7M |
| Avg | 585.7M | 709.3M | 875.4M |
| Low | 559.2M | 671.7M | 821.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.7% | 27.5% | 32.1% |
| Avg | 24.1% | 21.1% | 23.4% |
| Low | 18.5% | 14.7% | 15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.05 | 0.40 | 0.75 |
| Avg | -0.09 | 0.23 | 0.65 |
| Low | -0.12 | 0.09 | 0.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 222.0% |
| Avg | - | - | 179.8% |
| Low | - | - | 141.7% |
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.