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Stock impact report

Braze, Inc. (BRZE) Impresses with Beat and Upgraded Forecast [Yahoo! Finance]

Braze, Inc. - Class A (BRZE) 
Company Research Source: Yahoo! Finance
Braze, Inc. (NASDAQ:BRZE) and lifted the price target to $27 from $25. The firm highlighted the company's Q4 beat and raised guidance. Thanks to the 50% growth in fourth-quarter bookings, the company witnessed broader acceleration across key performance indicators. According to Raymond James, an enhanced customer mix and expanding platform positions Braze, Inc. (NASDAQ:BRZE) well to sustain its share gain momentum with top brands. The firm further added that an over 20% growth outlook for FY27 exceeded whisper expectations and marked a meaningful increase from the prior 16% growth guidance for FY26. Copyright: gmast3r / 123RF Stock Photo As stated by the analyst, “We reiterate our Outperform rating on BRZE following an impressive F4Q beat and raise, with a remarkable 50% growth in F4Q bookings driving broad-based acceleration across KPIs.” On the same day, Piper Sandler trimmed the price target on Braze, Inc. (NASDAQ:BRZE) to $27 from $30 and reiterated an Overweight rating. Show less Read more
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