Braze Continues Business Momentum with $500M CARR, New Global Leaders, and Marquee New Customers
Braze, Inc. (BRZE)
Company Research
Source: Business Wire
Company Touts Recent New Customer Wins, Including Bombas and Wendy’s NEW YORK--(BUSINESS WIRE)--Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced strategic leadership appointments and new customer wins on the heels of a significant financial milestone. As previously announced, the company recently passed $500 million of Committed Annual Recurring Revenue (CARR), demonstrating the continued demand for Braze as brands recognize the critical role of customer engagement in driving growth, loyalty, and retention–particularly in a complex and challenging macroeconomic landscape.“There’s never been a better time to be a better marketer,” said Bill Magnuson, cofounder and CEO of Braze. “In today's dynamic market, consumer loyalty is volatile and hinges on a brand's ability to deliver valuable and personalized experiences, both with and alongside their products and services. Brands who prioritize excellence in cus
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BRZE
News
- Braze, Inc. (NASDAQ: BRZE) had its price target lowered by analysts at Wells Fargo & Company from $75.00 to $65.00. They now have an "overweight" rating on the stock.MarketBeat
- Braze, Inc. (NASDAQ: BRZE) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $65.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
- Braze: Must Overcome Its Growth Challenges [Seeking Alpha]Seeking Alpha
- Braze, Inc. (NASDAQ: BRZE) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $66.00 price target on the stock.MarketBeat
- Braze (BRZE) Demonstrated 30% Revenue Growth [Yahoo! Finance]Yahoo! Finance
BRZE
Earnings
- 3/27/24 - Beat
BRZE
Sec Filings
- 4/23/24 - Form 4
- 4/17/24 - Form 4
- 4/16/24 - Form 4
- BRZE's page on the SEC website