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Stock impact report

Goldman Sachs Lifts Braze (BRZE) PT to $52, Reports Strong FQ2 2026 Earnings [Yahoo! Finance]

Braze, Inc. (BRZE) 
Company Research Source: Yahoo! Finance
raised the firm's price target on Braze to $52 from $50, while keeping a Buy rating on the shares after its FQ2 2026 earnings beat this week. The company reported $180 million in revenue, which marked a 24% year-over-year increase. Braze's committed ARR surpassed 700 million, which showed sustained demand for its customer engagement platform. Operationally, the company achieved its third consecutive quarter of positive non-GAAP operating income and free cash flow. A notable strategic move was the integration of the OfferFit acquisition, which is an AI decisioning platform that has already contributed to new business wins across all major geographic regions. Goldman Sachs Lifts Braze (BRZE) PT to $52, Reports Strong FQ2 2026 Earnings However, the company also reported limited expansionary investments from customers, along with ongoing deal cycle drags and switching costs. Additionally, while the OfferFit acquisition is strategically beneficial, it initially hurt operating income. Show less Read more
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