Braze (NASDAQ:BRZE) Shares Up 9.7% Following Analyst Upgrade

Posted by George Bondi on Aug 27th, 2026

Shares of Braze, Inc. (NASDAQ:BRZE – Get Free Report) were up 9.7% during mid-day trading on Thursday after Oppenheimer raised their price target on the stock from $30.00 to $36.00. Oppenheimer currently has an outperform rating on the stock. Braze traded as high as $33.74 and last traded at $33.7890. Approximately 234,729 shares were traded during mid-day trading, a decline of 92% from the average session volume of 2,940,041 shares. The stock had previously closed at $30.81.

BRZE has been the topic of several other reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Braze in a report on Tuesday, July 7th. Canaccord Genuity Group reduced their target price on shares of Braze from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, May 28th. Stifel Nicolaus set a $30.00 price target on shares of Braze in a research note on Thursday, May 28th. BTIG Research increased their price target on shares of Braze from $30.00 to $35.00 and gave the company a “buy” rating in a report on Friday, August 14th. Finally, TD Cowen restated a “buy” rating on shares of Braze in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Braze presently has a consensus rating of “Moderate Buy” and an average price target of $35.41.

Check Out Our Latest Research Report on BRZE

Insider Transactions at Braze

In other Braze news, insider Astha Malik sold 15,724 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $29.57, for a total transaction of $464,958.68. Following the completion of the sale, the insider directly owned 326,233 shares in the company, valued at $9,646,709.81. This represents a 4.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jonathan Hyman sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $31.04, for a total value of $310,400.00. Following the completion of the sale, the chief technology officer directly owned 1,185,219 shares in the company, valued at $36,789,197.76. This trade represents a 0.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 161,568 shares of company stock valued at $4,732,721. Company insiders own 12.50% of the company’s stock.

Institutional Trading of Braze

Institutional investors have recently added to or reduced their stakes in the stock. NBC Securities Inc. bought a new stake in shares of Braze during the 4th quarter valued at about $27,000. Fifth Third Bancorp bought a new stake in Braze during the 1st quarter valued at $27,000. Caitong International Asset Management Co. Ltd increased its position in shares of Braze by 3,650.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the company’s stock worth $28,000 after acquiring an additional 803 shares in the last quarter. Harbor Investment Advisory LLC purchased a new stake in shares of Braze in the second quarter worth approximately $36,000. Finally, Osaic Holdings Inc. raised its position in Braze by 821.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,575 shares of the company’s stock valued at $44,000 after buying an additional 1,404 shares during the last quarter. 90.47% of the stock is currently owned by institutional investors.

Braze Stock Up 9.7%

The business’s 50-day moving average is $25.28 and its two-hundred day moving average is $22.57. The company has a market capitalization of $3.81 billion, a P/E ratio of -30.28 and a beta of 0.83.

Braze (NASDAQ:BRZE – Get Free Report) last released its earnings results on Wednesday, May 27th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. Braze had a negative return on equity of 17.52% and a negative net margin of 15.51%.The company had revenue of $211.00 million during the quarter, compared to analyst estimates of $205.19 million. During the same period in the prior year, the company posted $0.07 earnings per share. Braze’s quarterly revenue was up 30.2% on a year-over-year basis. Analysts predict that Braze, Inc. will post -0.78 EPS for the current year.

About Braze

(Get Free Report)

Braze, Inc is a publicly traded software company (NASDAQ: BRZE) that offers a customer engagement platform designed to help brands build personalized relationships with their users. Founded in 2011 as Appboy by Bill Magnuson, Jon Hyman and Mark Ghermezian, the company adopted the Braze name in 2017 to underscore its focus on fostering strong connections between businesses and consumers. Its cloud-based platform consolidates messaging channels including push notifications, in-app messages, email and SMS, enabling companies to deliver timely, context-driven communications at scale.

The core functionality of Braze’s platform centers on data-driven segmentation, customer journey orchestration and real-time analytics.