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Stock impact report

Why Braze (BRZE) Stock Is Up Today [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
momentum continued as it posted strong fiscal fourth-quarter results that beat revenue forecasts, offered a robust outlook, and announced a share repurchase program. The AI-powered customer engagement platform's revenue jumped 28% year-over-year to $205.2 million, surpassing analyst estimates. This growth was fueled by a 14% increase in its customer base and a 35% rise in clients with annual recurring revenue of at least $500,000. Looking ahead, Braze projected fiscal 2027 revenue between $884 million and $889 million, also ahead of expectations. Adding to the positive news, the company's board authorized a $100 million share repurchase program. While adjusted earnings per share missed forecasts, investors appeared to focus on the strong revenue growth and positive business momentum. The shares closed the day at $23.31, up 7.8% from previous close. Is now the time to buy Braze? Access our full analysis report here, it's free What Is The Market Telling Us Braze's shares are e Show less Read more
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