Braze Inc (NASDAQ: BRZE) is -13.32% lower on its value in year-to-date trading and has touched a low of $29.18 and a high of $48.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRZE stock was last observed hovering at around $36.37 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $36.30, the stock is 1.26% and -7.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -0.19% at the moment leaves the stock -5.66% off its SMA200. BRZE registered -15.33% loss for a year compared to 6-month gain of 12.24%. The firm has a 50-day simple moving average (SMA 50) of $39.2222 and a 200-day simple moving average (SMA200) of $38.4781.
The stock witnessed a 1.23% loss in the last 1 month and extending the period to 3 months gives it a -14.12%, and is -2.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.46% over the week and 5.40% over the month.
Braze Inc (BRZE) has around 1699 employees, a market worth around $3.76B and $593.41M in sales. Fwd P/E is 62.44. Profit margin for the company is -17.48%. Distance from 52-week low is 24.40% and -24.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.07%).
The EPS is expected to grow by 99.15% this year
305.0 institutions hold shares in Braze Inc (BRZE), with institutional investors hold 91.76% of the company’s shares. The shares outstanding are 87.93M, and float is at 68.89M with Short Float at 6.00%. Institutions hold 79.84% of the Float.
The top institutional shareholder in the company is ICONIQ CAPITAL, LLC with over 8.55 million shares valued at $332.12 million. The investor’s holdings represent 8.4288 of the BRZE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.35 million shares valued at $246.54 million to account for 6.2979 of the shares outstanding. The other top investors are CADIAN CAPITAL MANAGEMENT, LP which holds 4.9 million shares representing 4.8309 and valued at over $190.35 million, while BATTERY MANAGEMENT CORP. holds 4.6478 of the shares totaling 4.72 million with a market value of $183.14 million.
Braze Inc (BRZE) Insider Activity
The most recent transaction is an insider sale by FERNANDEZ PHILLIP M, the company’s Director. SEC filings show that FERNANDEZ PHILLIP M sold 1,500 shares of the company’s common stock on Mar 28 ’25 at a price of $41.46 per share for a total of $62190.0. Following the sale, the insider now owns 15269.0 shares.
Still, SEC filings show that on Feb 18 ’25, FERNANDEZ PHILLIP M (Director) disposed off 1,500 shares at an average price of $41.30 for $61950.0. The insider now directly holds 15,269 shares of Braze Inc (BRZE).
