Braze Inc (NASDAQ: BRZE) Down -17.07% YTD: Could Trouble Be Ahead?

Braze Inc (NASDAQ:BRZE)’s traded shares stood at 0.74 million during the last session, with the company’s beta value hitting 1.18. At the close of trading, the stock’s price was $34.73, to imply a decrease of -0.37% or -$0.13 in intraday trading. The BRZE share’s 52-week high remains $48.33, putting it -39.16% down since that peak but still an impressive 20.96% since price per share fell to its 52-week low of $27.45.

Analysts have given a consensus recommendation of Buy for Braze Inc (BRZE), translating to a mean rating of 1.19. Of 15 analyst(s) looking at the stock, 0 analyst(s) give BRZE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 14 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.05.

Braze Inc (NASDAQ:BRZE) trade information

After registering a -0.37% downside in the last session, Braze Inc (BRZE) has traded red over the past five days. The 5-day price performance for the stock is -5.86%, and 14.51% over 30 days. With these gigs, the year-to-date price performance is -17.07%.

The extremes give us $38 and $55 for target low and target high price respectively. As such, BRZE has been trading -58.36% off suggested target high and -9.42% from its likely low.

Braze Inc (BRZE) estimates and forecasts

The rating firms project that company’s revenue will grow 16.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 19 analysts is 158.6M. Meanwhile, for the current quarter, a total of 19 analyst(s) estimate revenue growth to 168.71M.Earnings reports from the last fiscal year show that sales brought in 135.46M and 145.5M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 17.08% before jumping 15.95% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -23.78% for the past 5-year period. While 2025 is set for a 98.68% return in earnings, projections for the next 5 years are at 75.62% annually.

BRZE Dividends

Braze Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 6.35 million shares, or about 6.2569% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $246.54 million.

We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Braze Inc (BRZE) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 2.23 shares. This is just over 2.52% of the total shares, with a market valuation of $77.56 million. Data from the same date shows that the other fund manager holds a little less at 1.78, or 2.01% of the shares, all valued at about 61.97 million.

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